Global Orthopedic Orthotics Market Growth 2023-2029
Orthopedic Orthotics is a specialty within the medical field concerned with the design, manufacture and application of Orthotics. It is an externally applied device used to modify the structural and functional characteristics of the neuromuscular and skeletal system.
Orthopedic Orthotics is made from various types of materials including thermoplastics, carbon fiber, metals, and elastic, EVA, fabric or a combination of similar materials.
LPI (LP Information)' newest research report, the “Orthopedic Orthotics Industry Forecast” looks at past sales and reviews total world Orthopedic Orthotics sales in 2022, providing a comprehensive analysis by region and market sector of projected Orthopedic Orthotics sales for 2023 through 2029. With Orthopedic Orthotics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Orthopedic Orthotics industry.
This Insight Report provides a comprehensive analysis of the global Orthopedic Orthotics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Orthopedic Orthotics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Orthopedic Orthotics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Orthopedic Orthotics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Orthopedic Orthotics.
The global Orthopedic Orthotics market size is projected to grow from US$ 3110.4 million in 2022 to US$ 4618.4 million in 2029; it is expected to grow at a CAGR of 4618.4 from 2023 to 2029.
The classification of Orthopedic Orthotics includes Upper-limb Orthoses, Lower-limb Orthoses and Spinal Orthoses. With high chance of injury in lower-limb, lower-limb orthotics occupies more than 60% market share, and the proportion of upper-limb orthoses is about 20.7%. There are many manufacturers with small scale in China. The market is chaos and a market adjustment is expected in the future, and this phenomenon also appears in other developing countries
This report presents a comprehensive overview, market shares, and growth opportunities of Orthopedic Orthotics market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Upper-Limb Orthoses
Lower-Limb Orthoses
Spinal Orthoses
Segmentation by application
Functional Recovery
Deformity
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DJO Global
Ottobock
Ossur
DeRoyal Industries
Medi
Breg
Thuasne
ORTEC
Aspen
Adhenor
Rcai
Huici Medical
Nakamura Brace
CSJBJZ
WuHan JiShi
Key Questions Addressed in this Report
What is the 10-year outlook for the global Orthopedic Orthotics market?
What factors are driving Orthopedic Orthotics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Orthopedic Orthotics market opportunities vary by end market size?
How does Orthopedic Orthotics break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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