Global Pediatric Orthotics Market Growth 2023-2029

Global Pediatric Orthotics Market Growth 2023-2029

The global Pediatric Orthotics market size is projected to grow from US$ 682.8 million in 2022 to US$ 1145.9 million in 2029; it is expected to grow at a CAGR of 7.7% from 2023 to 2029.

The global pediatric orthotics market is expected to grow at a significant rate due to the increasing prevalence of pediatric orthopedic disorders, such as scoliosis, cerebral palsy, and clubfoot, among others. The market is also driven by the rising awareness about the benefits of orthotics in the treatment of these disorders.North America is the largest market for pediatric orthotics, followed by Europe and Asia-Pacific. The high prevalence of orthopedic disorders in children, coupled with the availability of advanced healthcare infrastructure and favorable reimbursement policies, are the major factors driving the growth of the market in these regions.The market is highly concentrated, with a few major players dominating the market. These players are focusing on product innovation and strategic collaborations to maintain their market position. For instance, in 2020, Össur launched a new pediatric prosthetic foot, the Pro-Flex LP Junior, which is designed to provide greater stability and comfort to children with lower limb amputations.However, the high cost of orthotics and the lack of awareness about their benefits in developing countries are the major challenges faced by the market. Moreover, the COVID-19 pandemic has also impacted the market negatively, with a decline in elective surgeries and non-urgent medical procedures. Despite these challenges, the market is expected to grow in the coming years, driven by the increasing demand for advanced orthotics and the rising awareness about their benefits in the treatment of pediatric orthopedic disorders.

LPI (LP Information)' newest research report, the “Pediatric Orthotics Industry Forecast” looks at past sales and reviews total world Pediatric Orthotics sales in 2022, providing a comprehensive analysis by region and market sector of projected Pediatric Orthotics sales for 2023 through 2029. With Pediatric Orthotics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pediatric Orthotics industry.

This Insight Report provides a comprehensive analysis of the global Pediatric 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 Pediatric Orthotics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pediatric Orthotics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pediatric 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 Pediatric Orthotics.

This report presents a comprehensive overview, market shares, and growth opportunities of Pediatric Orthotics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Foot Orthotics
Ankle Foot Orthotics
Hip-Knee-Ankle-Foot Orthotics
Knee-Ankle Orthotics
Knee Orthotics
Spinal Orthotics
Other

Segmentation by application
Limbs
Joints
Spine
Other

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.
Boston O&P
RCAI
Surestep
Cascade Dafo
Anatomical Concepts Inc
Pediatric Orthotic Specialists
Turbomed
PrimeCare
Pro-Tech
East Coast O&P
CPO
LOC
Médicus
AliMed
Orthotic Solutions
Ossur
DJO Global
Becker
Hanger
Trulife

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pediatric Orthotics market?

What factors are driving Pediatric Orthotics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pediatric Orthotics market opportunities vary by end market size?

How does Pediatric 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.