Orthopedic Braces & Supports Market 2019 – Industry Size, Global Analysis and Future Forecast

North America to dominate the orthopedic braces market during the forecast period

ID: 1553797
recent pressrelease next pressrelease

(businesspress24) - Growth in the orthopedic braces and supports market is primarily driven by the increasing prevalence of orthopedic diseases & disorders, continuous product commercialization, greater product affordability and market availability, rising number of sports and accident-related injuries, and growing public awareness related to preventive care.

What the Market Looks Like?

Predicted to grow at a CAGR of 5.7% during the forecast period, the Global Orthopedic Braces and Supports Market is estimated to reach USD 5.5 billion by the end of 2024.

The knee braces and supports segment accounted for the largest share of the orthopedic braces and supports market, by product, in 2018. The large share of this segment can be attributed to the several benefits offered by these products, such as medial and lateral support, reduced rotation of the knee, limited injury during motion, and protection from the post-surgical risk of injury.

The soft & elastic braces and supports segment is expected to grow at the highest CAGR during the forecast period. Growth in this market can primarily be attributed to the growing availability of advanced products, increasing adoption & patient preference for orthopedic braces in post-operative & preventive care, and the supportive reimbursement scenario for target products across mature markets.

Recent Developments:


Download PDF Brochure (at) https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=24806829

What Drives the Market?

The growth of the global market for Orthopedic Braces and Supports is primarily influenced by the following factors:


Geographical growth scenario of Worldwide Market:

The orthopedic braces market is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for the largest share of the market in 2018. Factors such as continuous development and commercialization of novel orthopedic braces & support products and favorable reimbursements & insurance coverage major orthopedic bracing procedures in the region are driving the market for orthopedic braces and supports in North America.



Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=24806829

Leading market players and strategies adopted:

The major players operating in the orthopedic braces market are Bauerfeind AG (Germany), & Cronin, Inc. (US), medi GmbH & Co. KG (Germany), Ottobock Holding GmbH & Co. KG (Germany), BSN medical (Germany), Zimmer Biomet Holdings, Inc. (US), Oppo Medical, LLC (US), Becker Orthopedic (US), Thuasne Group (France), 3M Company (US), Reh4Mat (Poland), and United Ortho (US).



More information:
http://https://www.marketsandmarkets.com/Market-Reports/orthopedic-braces-support-market-24806829.html



Keywords (optional):

orthopedic-braces-und-supports-market, orthopedic-braces-market,



Company information / Profile:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

PressRelease by

Requests:

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales(at)marketsandmarkets.com



PressContact / Agency:



published by: gajanan
print pressrelease  send to a friend  

Date: 11/11/2019 - 04:22
Language: English
News-ID 1553797
Character count: 4001
Kontakt-Informationen:
Firma: marketsandmarkets
Ansprechpartner: shelly singh Feedback to businesspress24.com about Pressrelease-id:
Stadt: northbook
Telefon: 18886006441

Meldungsart: Financial
Versandart: send
Freigabedatum: 11.11.2019
Comments:



Number of hits: 269

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 432
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 51


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.