Orthopedic Brace Market Revenue was valued at USD 3.4 Billion in 2024 and is estimated to reach USD 5.8 Billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033.
In 2022, the global orthopedic braces and supports market was valued at approximately USD 3.4 billion, with projections indicating growth to USD 3.6 billion in 2023 and USD 5.1 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.2%. This growth is driven by factors such as the increasing prevalence of orthopedic diseases and disorders, rising awareness of bracing devices that aid mobility and prevent further injury, and technological advancements leading to more comfortable and effective devices. Regionally, North America dominated the orthopedic braces and supports market, holding a share of over 33.7% in 2023. This dominance is attributed to rising awareness regarding bracing devices that aid mobility and prevent further injury. In the Asia Pacific region, the market is expected to record a CAGR of around 7.5% from 2023 to 2032, driven by the expansion of healthcare infrastructure and increasing awareness about early intervention and rehabilitation. These regional trends highlight significant opportunities for market expansion, particularly in emerging markets where healthcare access and awareness are on the rise.
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Enovis
Ottobock
Ossur
Lohmann & Rauscher
Breg
Bauerfeind
Guozi Kangfu
Beijing Huici Company
Ying Zhong Nai
Forte Orthopedic Rehabilitation Equipment
Berries Medical Equipment
Luoyang Boao
Jishi prosthetic orthotics
Global Assistive Devices
Deo Rehabilitation Technology
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Orthopedic Brace Market
Knee Braces
Back Braces
Wrist Braces
Elbow Braces
Ankle Braces
Neck Braces
Sports Injuries
Osteoarthritis
Post-Surgery Rehabilitation
Fractures and Dislocations
General Orthopedic Conditions
Hospitals and Clinics
Rehabilitation Centers
Home Care Settings
Ambulatory Surgical Centers
Elastic Fabric
Neoprene
Polymer
Metal
Carbon Fiber
Retail Pharmacies
Online Retailers
Direct Sales
Medical Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Orthopedic Brace Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Orthopedic Brace Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Orthopedic Brace Market, By Type
6. Global Orthopedic Brace Market, By Application
7. Global Orthopedic Brace Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Orthopedic Brace Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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