Orthopedic braces and supports are made of inelastic materials, such as hard plastic and soft materials such as spandex and tightly-knit fabrics designed to prevent the movement of the joint. Orthopedic braces and supports are used to prevent the joint movement and allow the joint to heal in a proper position.
The orthopedic braces and supports market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study.
Orthopedic braces and supports market is growing, and the factors driving the market are increasing incidence of orthopedic disorders and diseases, introduction of new orthopedic products into the market, high affordability, and easy availability of products in the market along with rapidly increasing sports & sports-related accidents. However, restricted clinical evidence to support the therapeutic potency of orthopedic braces restrains the market growth. Orthopedic Braces & Supports Market is predicted to grow at a CAGR of ~6.3% with a market value of $5.8 billion in 2026 from 4.0 billion in 2020.
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On the basis of product, the ‘knee braces & supports’ is the segment which has largest share in the ‘orthopedic braces & supports’ market with the advantages of this product such as less rotation of the knee, protection from after the surgery risk of injury and medial and lateral aid. The increasing elderly and obesity population where there is a high risk of knee-related problems are some other aspects that enhance market growth.
On the basis of end-use, the orthopedic clinic holds about one-third of the market share. OTC related orthopedic supports are anticipated to show rewarding development over the study period because of the easy accessibility of these items in retail drug stores. Patients with intense muscle torment lean toward profiting items OTC. These items decrease the recuperation time and encourage quick treatment for harmed portions of muscles and joints. Hospital held a noteworthy piece of the overall industry inferable from the increment in the number of medical clinic affirmations for the treatment of awful and spinal wounds, bone breaks.
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