Orthopedic Braces and Supports Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032
The Orthopedic Braces and Supports Market Size accounted for USD 4.1 Billion in 2022 and is projected to achieve a market size of USD 7.9 Billion by 2032 growing at a CAGR of 6.9% from 2023 to 2032.
Orthopedic Braces and Supports Market Highlights
- Global Orthopedic Braces and Supports Market revenue is expected to increase by USD 7.9 Billion by 2032, with a6.9%CAGR from 2023 to 2032
- North America region led with more than 41% of Orthopedic Braces and Supports Market share in 2022
- Asia-Pacific Orthopedic Braces and Supports Market growth will record a CAGR of around 7.5% from 2023 to 2032
- By type, the soft & elastic braces and supports segment is the largest segment in the market, accounting for over 75% of the market share in 2022
- By end-use, the orthopedic clinic's segment has recorded more than 30% of the revenue share in 2022
- Rising prevalence of musculoskeletal disorders and injuries, drives the Orthopedic Braces and Supports Market value
Orthopedic braces and supports are medical devices designed to provide external support, stability, and protection to various parts of the body, primarily the musculoskeletal system. These devices are commonly used to treat or manage conditions such as fractures, sprains, strains, arthritis, and other orthopedic injuries or ailments. Orthopedic braces and supports come in a variety of types, including knee braces, ankle braces, wrist braces, back braces, and shoulder supports, each serving a specific purpose and offering targeted support to the affected area.
The market for orthopedic braces and supports has witnessed significant growth in recent years due to several factors. One key driver is the rising prevalence of orthopedic conditions and musculoskeletal disorders, fueled by factors such as an aging population, sedentary lifestyles, and sports-related injuries. Additionally, advancements in orthopedic technology and materials have led to the development of more effective and comfortable braces and supports, driving demand among both patients and healthcare professionals. Moreover, increasing awareness about the benefits of early intervention and non-invasive treatment options has also contributed to the expansion of the orthopedic braces and supports market.
Global Orthopedic Braces and Supports Market Trends
Market Drivers
- Rising prevalence of musculoskeletal disorders and injuries
- Technological advancements leading to more comfortable and effective devices
- Increasing awareness about early intervention and rehabilitation
- Growing demand among athletes and fitness enthusiasts
- Expansion of healthcare infrastructure and access in emerging markets
Market Restraints
- High cost associated with advanced orthopedic devices
- Limited reimbursement policies for orthopedic braces and supports
Market Opportunities
- Growing trend towards personalized and tailored orthopedic solutions
- Integration of digital health technologies for remote monitoring and customization
Orthopedic Braces and Supports Market Report Coverage
| Market | Orthopedic Braces and Supports Market |
| Orthopedic Braces and Supports Market Size 2022 |
USD 4.1 Billion |
| Orthopedic Braces and Supports Market Forecast 2032 | USD 7.9 Billion |
| Orthopedic Braces and Supports Market CAGR During 2023 - 2032 | 6.9% |
| Orthopedic Braces and Supports Market Analysis Period | 2020 - 2032 |
| Orthopedic Braces and Supports Market Base Year |
2022 |
| Orthopedic Braces and Supports Market Forecast Data | 2023 - 2032 |
| Segments Covered | By Product, By Type, By Application, By End-User, And By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | BREG, Inc., Essity Medical Solutions, Frank Stubbs Company Inc., ÖssurFillauer LLC, Bauerfeind, DeRoyal Industries, Inc., Ottobock, DJO, LLC (Enovis), McDavid, and Weber Orthopedic LP. |
| Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Orthopedic braces and supports come in a wide range of types and designs, including braces for the knee, ankle, wrist, back, and neck, as well as supports for the shoulders, elbows, and hips. They are typically made from materials like neoprene, elastic fabric, plastic, or metal, and are adjustable to ensure a customized fit for each patient's specific needs. The applications of orthopedic braces and supports are diverse and multifaceted. They are frequently employed in sports medicine to prevent injuries during physical activities, provide support during recovery from sports-related injuries, and facilitate the return to athletic performance. Additionally, orthopedic braces and supports play a crucial role in orthopedic rehabilitation, aiding patients in regaining mobility, strength, and function following orthopedic surgeries or traumatic injuries. Moreover, these devices are utilized in the management of chronic musculoskeletal conditions, offering pain relief, joint stabilization, and improved overall quality of life for individuals suffering from conditions such as osteoarthritis, rheumatoid arthritis, or carpal tunnel syndrome.
The orthopedic braces and supports market has witnessed robust growth in recent years, driven by the increasing incidence of musculoskeletal disorders and injuries worldwide, fueled by factors such as aging populations, sedentary lifestyles, and rising participation in sports and physical activities. As a result, there's a growing demand for orthopedic braces and supports to provide stability, protection, and rehabilitation for various joints and body parts. Moreover, advancements in materials and technology have led to the development of more innovative and effective orthopedic devices, enhancing patient comfort, durability, and overall outcomes. Another contributing factor to the market growth is the expanding scope of orthopedic care and rehabilitation services, driven by rising healthcare expenditure and awareness about the importance of early intervention and treatment. Healthcare providers are increasingly emphasizing conservative approaches to managing musculoskeletal conditions, including the use of braces and supports as non-invasive treatment options.
Orthopedic Braces and Supports Market Segmentation
The global Orthopedic Braces and Supports Market segmentation is based on product, type, application, end-user, and geography.
Orthopedic Braces and Supports Market By Product
- Ankle Braces and Supports
- Hinged Braces
- Soft Braces
- Knee Braces and Supports
- Hip, Back, And Spine Braces and Supports
- Lower Spine Braces and Supports
- Neck & Cervical Spine Braces and Supports
- Elbow Braces and Supports
- Shoulder Braces and Supports
- Hand & Wrist Braces and Supports
- Foot Walkers and Orthoses
- Facial Braces and Supports
According to the orthopedic braces and supports industry analysis, the knee braces and supports segment accounted for the largest market share in 2022. One key driver is the increasing prevalence of knee injuries and conditions such as osteoarthritis, sports-related injuries, and ligament tears. As people remain active and engage in sports and physical activities, the risk of knee injuries rises, leading to a higher demand for supportive devices to aid in rehabilitation and injury prevention. Knee braces and supports offer stability, compression, and protection to the knee joint, helping individuals recover from injuries and manage chronic conditions. Moreover, advancements in knee brace technology have contributed to the segment's growth. Modern knee braces and supports are designed using innovative materials and engineering techniques, resulting in products that are more lightweight, comfortable, and customizable.
Orthopedic Braces and Supports Market By Type
- Soft & Elastic Braces and Supports
- Hinged Braces and Supports
- Hard Braces and Supports
In terms of types, the soft & elastic braces and supports segment is expected to witness significant growth in the coming years. One significant driver is the increasing preference for non-invasive and comfortable solutions for managing musculoskeletal conditions. Soft and elastic braces offer flexibility, gentle compression, and support, making them ideal for individuals seeking relief from mild to moderate joint pain, strains, and injuries. Their lightweight and breathable nature also enhance comfort, promoting better compliance and patient satisfaction. Additionally, advancements in materials and manufacturing techniques have played a crucial role in the growth of this segment. Innovations such as neoprene, elastic fabrics, and silicone gel pads have resulted in braces and supports that are not only effective in providing support and stability but also comfortable to wear for extended periods.
Orthopedic Braces and Supports Market By Application
- Subcutaneous
- Preventive Care
- Intramuscular
- Ligament Injury
- Post-operative Rehabilitation
- Compression Therapy
- Osteoarthritis
- Other
According to the orthopedic braces and supports market forecast, the ligament injury segment is expected to witness significant growth in the coming years. One major driver is the rising incidence of ligament injuries, particularly those affecting the knee, such as anterior cruciate ligament (ACL) tears. These injuries often require comprehensive rehabilitation, including the use of braces and supports to provide stability, protection, and facilitate the healing process. As a result, there's a growing demand for orthopedic devices specifically designed to address ligament injuries and support post-injury recovery. Advancements in brace technology tailored for ligament injuries have also contributed to the segment's growth. Modern braces are designed to offer targeted support and control motion in the affected joint, helping to prevent further damage and promote healing. Innovations such as adjustable hinges, multi-point strapping systems, and lightweight materials enhance the effectiveness and comfort of these braces, improving patient compliance and outcomes.
Orthopedic Braces and Supports Market By End-User
- Orthopedic Clinics
- Hospitals
- DME Dealers
- Over the Counter (OTC)
- Others
Based on the end-user, the orthopedic clinics segment is expected to continue its growth trajectory in the coming years. One significant driver is the increasing demand for specialized orthopedic care and services. Orthopedic clinics offer comprehensive evaluations, treatments, and rehabilitation programs tailored to musculoskeletal conditions, including the prescription and fitting of braces and supports. As awareness about the importance of early intervention and non-invasive treatment options grows, more patients are seeking care from orthopedic specialists in dedicated clinic settings. Furthermore, advancements in orthopedic technology and the availability of a wide range of braces and supports have contributed to the growth of this segment. Orthopedic clinics often have access to the latest orthopedic devices and equipment, allowing them to offer innovative solutions to patients with diverse orthopedic needs.
Orthopedic Braces and Supports Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Orthopedic Braces and Supports Market Regional Analysis
North America has emerged as a dominating region in the orthopedic braces and supports market in 2022. One significant factor is the high prevalence of musculoskeletal disorders and injuries in the region. Factors such as an aging population, sedentary lifestyles, and the increasing participation in sports and physical activities have contributed to the rising incidence of orthopedic conditions, driving the demand for braces and supports. Moreover, the region boasts advanced healthcare infrastructure and access to specialized orthopedic care, facilitating the diagnosis, treatment, and rehabilitation of patients requiring orthopedic devices. Additionally, North America is home to several leading orthopedic device manufacturers and innovators, contributing to the growth and dominance of the region in the market. These companies leverage advanced technologies and research capabilities to develop innovative braces and supports that cater to the diverse needs of patients. Furthermore, strong regulatory frameworks and reimbursement policies in countries like the United States and Canada support the adoption of orthopedic braces and supports, encouraging healthcare providers and patients to invest in these devices for improved patient outcomes and quality of life.
Orthopedic Braces and Supports Market Player
Some of the top orthopedic braces and supports market companies offered in the professional report include BREG, Inc., Essity Medical Solutions, Frank Stubbs Company Inc., ÖssurFillauer LLC, Bauerfeind, DeRoyal Industries, Inc., Ottobock, DJO, LLC (Enovis), McDavid, and Weber Orthopedic LP.
Frequently Asked Questions
How big is the orthopedic braces and supports market?
The orthopedic braces and supports market size was USD 4.1 Billion in 2022.
What is the CAGR of the global orthopedic braces and supports market from 2023 to 2032?
The CAGR of orthopedic braces and supports is 6.9% during the analysis period of 2023 to 2032.
Which are the key players in the orthopedic braces and supports market?
The key players operating in the global market are including BREG, Inc., Essity Medical Solutions, Frank Stubbs Company Inc., ÖssurFillauer LLC, Bauerfeind, DeRoyal Industries, Inc., Ottobock, DJO, LLC (Enovis), McDavid, and Weber Orthopedic LP.
Which region dominated the global orthopedic braces and supports market share?
North America held the dominating position in orthopedic braces and supports industry during the analysis period of 2023 to 2032.
Which region registered fastest CAGR from 2023 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for market of orthopedic braces and supports during the analysis period of 2023 to 2032.
What are the current trends and dynamics in the global orthopedic braces and supports industry?
The current trends and dynamics in the orthopedic braces and supports industry include rising prevalence of musculoskeletal disorders and injuries, technological advancements leading to more comfortable and effective devices, and increasing awareness about early intervention and rehabilitation.
Which type held the maximum share in 2022?
The soft & elastic braces and supports type held the maximum share of the orthopedic braces and supports industry.
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