One of the key factors propelling the growth of the global market for orthopaedic braces and support, casting, & splints is the rise in the number of elderly people suffering from various chronic or acute orthopedicdisorders. Furthermore, the global market is expanding as a result of an increase in traffic accidents and sports injuries across geographies
United States, Rockville MD, Aug. 10, 2022 (GLOBE NEWSWIRE) -- According to detailed industry analysis by Fact.MR, a market research and competitive intelligence provider, expanding at a CAGR of 6%, the global orthopedic braces & support, casting, and splints market is projected to reach a valuation of US$ 8 billion by 2026.
The senior population, which is particularly sensitive to musculoskeletal disorders, is driving majorly demand in this market. Furthermore, the popularity of fitness-related sports such as biking and running among health-conscious consumers is raising the frequency of muscular soreness, sports injuries, and ligament tears, which is driving the demand for orthopedic braces and supports.
Athletes also use orthopedic braces to prevent injuries while playing their sports, which limits unwanted motion while playing games and makes movement easier.
For More Insights on this Market, Get A Sample Report!
Orthopedic braces are devices made of soft materials such as spandex or other closely-knit textiles and rigid materials such as hard plastics that are designed to restrict joint movement. Braces are orthopedic devices made to ease discomfort in the body's upper and lower extremities. These enhance daily living and aid in the recovery from injuries. Splints and casts are wrapped with a hard exterior. These serve as a support to cover and connect the torn ligaments, tendons, and bones. In addition to maintaining muscular activity and bone healing, casts and splints immobilize the injured area.
Key Takeaways from Market Study
North America holds a leading position in the global orthopedic braces and support, castings, and splints market due to its advanced healthcare infrastructure and increasing elderly population.
The global market for orthopedic braces & support, castings & splints is expanding as a result of rising accident rates and an increasing ageing population.
Increased use of POP for less expensive fracture treatment will greatly accelerate market growth over the next 4 years.
The United States market is valued at US$ 2 billion in 2022.
Sales of orthopedic braces & support, castings & splints are predicted to increase at a CAGR of 6% from 2022 to 2026.
To Gain In-Depth Insights on Orthopedic Braces & Support, Casting, and Splints Market, Request Methodology at
Players in the orthopedic braces and support, castings, and splints market use several different primary tactics, including product launches, acquisitions and mergers, joint ventures, and geographical growth.
To release new and enhanced solutions, major market players are heavily investing in R&D for orthopedic braces and support, castings, and splints.
Breg Inc. teamed with U.K.-based distributor Joint Operations LLP in July 2020 to expand its market for its high-end orthopedic solutions in the U.K. and Ireland.
In November 2018, Colfax invested US$ 3.15 billion to purchase DJO Global, a market leader in braces and support equipment.
Segments of Orthopedic Braces & Support, Casting, and Splints Industry Research
By Product :
Orthopedic Braces & Supports
Casting Supplies & Equipment
Splinting Supplies & Equipment
By Distribution Channel :
By Region :
South Asia & Oceania
Interested to Procure The Data? Inquire here
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global orthopedic braces & support, casting, and splints market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2026.
The study divulges essential insights on the market on the basis of product (orthopedic braces & supports, casting supplies & equipment, splinting supplies & equipment) and end user (orthopedic clinics, hospitals, over-the-counter, online, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Explore Fact.MR's Coverage on the Healthcare Domain-
Laboratory Information Management System Market - Laboratory Information Management System Market Forecast by Component (Software, Services), Deployment Mode (On-Premise, Cloud-based, Web-based), End-User (Life Sciences, CROs, Petrochemical Refineries & Oil and Gas Industry, Chemical Industry, Food and Beverage & Agriculture Industries, Environmental Testing Laboratories, Other Industries) and by Region- 2022 to 2032
Dermatology CRO Market - Dermatology CRO Market by Type (Drug Discovery, Clinical, Preclinical), by Service (Project Management, Data Management, Medical Affairs, Medical Writing, Clinical Monitoring, Quality Management, Bio-statistics, Investigator Payments, Laboratory, Patient and Site Recruitment, Technology, Other Services), and Region - 2022 to 2032
Surgical Medical Laser Systems Market - Surgical Medical Laser Systems Market Analysis, By Product (Solid-state Laser Systems, Gas Laser Systems, Dye Laser Systems, Diode Laser Systems), By Application (Ophthalmology, Dermatology, Gynaecology, Dentistry, Urology, Cardiovascular), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centres) - Global Market Insights 2022 to 2032
Pulmonary Arterial Hypertension (PAH) Market - Pulmonary Arterial Hypertension (PAH) Market Analysis by Drug Class (Prostacyclin & Prostacyclin Analogs, Endothelin Receptor Antagonists, Phosphodiesterase-5 (PDE-5) Inhibitors), by Pipeline Analysis (Early-stage, Late-stage), by Region - Global Forecast 2021-2028
Cochlear Implant Market - Cochlear Implant Market by Fitting Type (Unilateral Implants, Bilateral Implants), End Use (Adult, Pediatric), and Region (North America, Latin America, Europe, APAC, and MEA) from 2022 to 2032
Hyperbaric Oxygen Therapy Devices Market - Hyperbaric Oxygen Therapy Devices Market By Product (Monoplace HBOT Devices, Multiplace HBOT Devices), By Application (Wound Healing, Decompression Sickness, Infection Treatment, Gas Embolism) & Region - Global Market Insights 2021 to 2028
Artificial Saliva Market - Artificial Saliva Market By Product (Oral Sprays, Oral Solutions, Oral Liquids, Gels, Powders), By Age Group (Adults, Paediatrics), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Mail Order Pharmacies, Hypermarkets and Supermarkets) & Region - Global Market Insights 2021 to 2026
Nerve Monitoring Devices Market - Nerve Monitoring Devices Market Analysis by Product (Nerve monitors, Nerve Stimulation Electrode and Probes) by Technology (Electromyography (EMG), Electroencephalography (EEG), Electrocorticography (ECOG), Evoked Potential (EP)) by Application (Neurosurgery, ENT surgery, Cardiovascular, others) by End Users (Hospitals, Ambulatory surgical centers ) and by Region- 2022 to 2032
Vertebroplasty and Kyphoplasty Needles Market - Vertebroplasty and Kyphoplasty Needles Market by Procedure (Kyphoplasty Procedures, Vertebroplasty Procedures), by End User (Hospitals, Ambulatory Surgical Centers) & Region Forecast till 2032
Psychotic Disorder Treatment Market - Psychotic Disorder Treatment Market By Drug Type (Atypical Antipsychotics, Phenothiazine Antipsychotics, Thioxanthenes), By Indication (Schizophrenia, Bipolar Disorder, Delusional Disorder, Drug Induced Psychosis, Organic Psychosis), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, e-Commerce) - Global Market Insights 2022 to 2032
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-158