What is Global Orthopedic Clinics Braces and Support Casting and Splints Market?
The Global Orthopedic Clinics Braces and Support Casting and Splints Market is a comprehensive sector that encompasses a wide range of products and services. These include braces and supports, casting supplies, and splinting supplies. These products are primarily used in orthopedic clinics and hospitals to provide support and stability to patients suffering from various orthopedic conditions. The market is driven by the increasing prevalence of orthopedic conditions such as arthritis, osteoporosis, and sports injuries, among others. The growing geriatric population, which is more prone to these conditions, is also a significant factor contributing to the market's growth. Furthermore, advancements in technology have led to the development of more effective and comfortable braces, supports, casting, and splints, further propelling the market's growth. However, the high cost of these products and the lack of awareness about them in developing countries may hinder the market's growth.
Braces & Support, Casting Supplies, Splinting Supplies in the Global Orthopedic Clinics Braces and Support Casting and Splints Market:
Braces and supports, casting supplies, and splinting supplies are the three main product types in the Global Orthopedic Clinics Braces and Support Casting and Splints Market. Braces and supports are used to provide stability and support to the body's various parts, such as the knee, ankle, wrist, and back. They are commonly used in the treatment of conditions such as arthritis, sports injuries, and post-operative recovery. Casting supplies, on the other hand, are used to immobilize a particular part of the body following an injury or surgery. They are made from materials such as plaster or fiberglass and are custom-made to fit the patient's body. Splinting supplies are similar to casting supplies but are used for less severe injuries. They are typically used to immobilize a body part temporarily, such as in the case of a sprained ankle or wrist.
Ligament Injury, Preventive Care, Osteoarthritis in the Global Orthopedic Clinics Braces and Support Casting and Splints Market:
The Global Orthopedic Clinics Braces and Support Casting and Splints Market finds its application in several areas, including ligament injury, preventive care, and osteoarthritis. Ligament injuries are common in sports and physical activities and often require the use of braces and supports for treatment and recovery. Preventive care involves the use of these products to prevent injuries or conditions from occurring or worsening. For instance, knee braces are often used by athletes to prevent knee injuries. Osteoarthritis, a degenerative joint disease, is another area where these products find significant application. Braces and supports can help reduce pain and improve mobility in osteoarthritis patients.
Global Orthopedic Clinics Braces and Support Casting and Splints Market Outlook:
The Global Orthopedic Clinics Braces and Support Casting and Splints Market has shown promising growth in recent years. In 2022, the market was valued at US$ 4930 million. It is expected to grow to US$ 6260.8 million by 2029, with a Compound Annual Growth Rate (CAGR) of 3.4% from 2023 to 2029. This growth can be attributed to the increasing prevalence of orthopedic conditions and the growing geriatric population. In terms of production, splinting supplies hold the largest market share, accounting for over 53% of the total market. This dominance can be attributed to the wide application of splinting supplies in treating various orthopedic conditions.
| Report Metric | Details |
| Report Name | Orthopedic Clinics Braces and Support Casting and Splints Market |
| Accounted market size in 2022 | US$ 3615 million |
| Forecasted market size in 2029 | US$ 5466.6 million |
| CAGR | 6.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | DJO Global, Ottobock, Ossur, 3M Company, Bauerfeind, DeRoyal, Medi GmbH & Co., Zimmer, Lohmann & Rauscher, Breg, THUASNE, ORTEC, BSN Medical, Tynor Orthotics, DUK-IN, Prime Medical, Adhenor, Aspen, Rcai, Truelife, Huici Medical, Dynamic Techno Medicals |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
