Japan Braces and Supports and Prosthetic Devices Market was valued at USD 8.5 Billion in 2022 and is projected to reach USD 14.0 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The Braces and Supports and Prosthetic Devices Market in Japan has been rapidly evolving, driven by both technological advancements and increasing demand from various industries. As of recent years, Japan's healthcare sector, particularly in the field of rehabilitation and mobility aids, has seen a significant rise in the requirement for specialized devices. These devices play a critical role in improving the quality of life for patients with physical disabilities, those recovering from surgeries, or people suffering from age-related mobility issues.
Industries such as healthcare, sports, and even the growing elderly care sector are fueling the demand for high-quality braces, supports, and prosthetic devices. A considerable portion of the market's growth can be attributed to Japan's rapidly aging population, which necessitates the development of advanced mobility solutions. For example, prosthetics for limb loss or joint replacement require precision engineering, which has been addressed by Japanese manufacturers adopting cutting-edge materials and technology.
Within the braces and supports market, orthopedic braces, knee supports, and back braces are in high demand, particularly as athletes and the general public seek better injury recovery solutions. The increasing popularity of sports and fitness activities has led to a surge in injury rates, directly contributing to the higher demand for effective support devices. At the same time, technological improvements such as smart prosthetics with sensors for better control and comfort have opened up new possibilities in rehabilitation for amputees.
Moreover, the Japanese government has been proactive in encouraging the development of these devices through funding and regulatory support. This ensures that prosthetic devices and braces meet the highest standards of safety and efficacy, making them highly sought after not just in Japan but also in international markets.
The Braces and Supports and Prosthetic Devices Market is expected to continue growing as industries and the healthcare sector demand more personalized, efficient, and advanced solutions for the aging population and patients recovering from various physical injuries.
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TRS
DJO
Medi
Ossur
Bauerfeind
Touch Bionics
LTI
Breg
OrthoPets
Ottobock HealthCare
TRS
Endolite (Blatchford)
Bebionic
WillowWood
Hanger
BSN Medical
Spinal Technology
DeRoyal Industries
Zhejiang Deren
Taiyuan Ande
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Japan Braces and Supports and Prosthetic Devices Market
Prosthetic Limbs
Prosthetic Feet
Prosthetic Hands
Prosthetic Knees
Prosthetic Hands with Fingers
Traditional Prosthetics
Advanced Prosthetics (Bionic, Myoelectric)
Hybrid Prostheses
Microprocessor-Controlled Prosthetics
Smart Prosthetics
Carbon Fiber
Silicone
Aluminum
Thermoplastics
Steel
Aged Population
Accident Survivors
Military Veterans
Diabetic Patients
Congenital Amputees
Hospitals
Orthopedic Clinics
Medical Supply Stores
Online Platforms
Rehabilitation Centers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Braces and Supports and Prosthetic Devices 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. Japan Braces and Supports and Prosthetic Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Braces and Supports and Prosthetic Devices Market, By Type
6. Japan Braces and Supports and Prosthetic Devices Market, By Application
7. Japan Braces and Supports and Prosthetic Devices Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Braces and Supports and Prosthetic Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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