According to the most recent analysis by Emergen Research, the worldwide orthopaedic braces and supports market had a value of USD 4.02 billion in 2021 and is anticipated to grow at a rate of 6.4% during the projected period. Rapid technological product development in terms of material and model design of orthopaedic braces and supports, as well as the rising frequency of musculoskeletal illnesses, are key factors fueling the market's revenue growth. Additionally, it is anticipated that rising rates of sports-related accidents and injuries will considerably fuel market revenue development.

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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Competitive Outlook: The leading companies operating in the Orthopedic Braces and Supports market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Orthopedic Braces and Supports Market and Profiled in the Report are:

Breg, Inc., Bauerfeind AG, Becker Orthopedic, Ottobock Holding GmbH, Össur., Zimmer Biomet Holdings, Inc., Globus Medical, 3M, and DJOGLOBAL, LLC

Objectives of the Report:

Study of the global Orthopedic Braces and Supports market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Orthopedic Braces and Supports market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Orthopedic Braces and Supports market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Orthopedic Braces and Supports market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Product Outlook (Revenue, USD Billion; 2019-2030)

  • Knee Braces and Supports
  • Ankle Braces and Supports
  • Foot Walkers and Orthoses
  • Hip, Back, and Spine Braces and Supports
  • Shoulder Braces and Supports
  • Elbow Braces and Supports
  • Hand & Wrist Braces and Supports
  • Facial Braces and Supports

• Material Type Outlook (Revenue, USD Billion; 2019-2030)

  • Soft & Elastic Braces and Supports
  • Hard Braces and Supports
  • Hinged Braces and Supports

• Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

  • Hospitals
  • Orthopedic Clinics
  • E-Commerce Platforms

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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