Global Orthopedic Braces & Support, Casting & Splints Market: By Product, By Type, By Application, By End User, and Region Forecast 2019-2030
The Orthopedic Braces & Support, Casting & Splints Market size was valued at US$ 6.2 billion in 2023 and is poised to grow at a significant CAGR of 5.58% from 2024 to 2030. This market Orthopedic braces and orthopedic splints are medical devices designed to address musculoskeletal issues, they are used to properly align, correct the position, support, stabilize, and protect certain parts of the body, particularly the muscles, joints, and bones as they heal from injury or trauma. These medical devices are often prescribed for the patient to wear during the process of recovery and rehabilitation. Market Dynamics: Market Increase in the geriatric population along with increase in the bone related issues are driving the growth of the market. Rising demand for the orthopedic braces and splints is attributing the growth of the market. Increase in the sport injuries is adding fuel for the growth of the market.
According to the Centers for Disease Control and Prevention (CDC), more than 2.6 million children 0-19 years old are treated in the emergency department each year for sports and recreation-related injuries. Growing obese population is another factor enhancing the growth of the market. Technological advancements are further providing an opportunity for the growth of the market. However, the high price of the product is hampering the growth of the market. The stringent government regulations are hindering the growth of the market. Market Scope: Market market is segmented based on the product, technology, disease indication, and distribution channel Based on the product, the market is segmented into the following:
Study Period
2024-2030Base Year
2023CAGR
5.58%Largest Market
North AmericaFastest Growing Market
Asia Pacific
To immobilise and stabilise broken bones and joints in medical field, The Orthopedic braces, support casting, and splints are used rapidly.
Orthopedic Braces & Support, Casting & Splints Market Geographically, global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America market is growing due to increase in the prevalence of sport injuries which is resulting in increase in the demand for orthopedic braces & support, casting & splints. The rising obese population is another factor boosting the growth of the market in this region.
According to the Centers for Disease Control and Prevention (CDC), more than one-third (36.5%) of U.S. adults have obesity and childhood obesity is a serious problem in the United States putting kids at risk for poor health. Europe and the Asia Pacific follow the North America region in the global market. The Asia Pacific market is projected to show the growth over the forecasted period owing to the presence of emerging markets.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 6.2 billion |
|
Market CAGR |
5.58% |
|
By Product |
|
|
By Type |
|
|
By Application |
|
|
By End-User |
|
|
By Region |
|
Download Free Sample Report
Orthopedic braces and support casting and splints market size was valued at US$ 6.2 billion in 2023 and is set to grow at a CAGR of 5.58% from 2024 to 2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
DeRoyal Industries, Inc., Bauerfeind AG, DJO Finance LLC, Breg, Inc., Ossur Hf , Otto Bock HealthCare, BSN Medical, medi GmbH & Co. KG, 3M Company
| 1.Executive Summary |
| 2.Global Orthopedic Braces & Support, Casting & Splints Market Introduction |
| 2.1.Global Orthopedic Braces & Support, Casting & Splints Market - Taxonomy |
| 2.2.Global Orthopedic Braces & Support, Casting & Splints Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Type |
| 2.2.3.Application |
| 2.2.4.End-User |
| 2.2.5.Region |
| 3.Global Orthopedic Braces & Support, Casting & Splints Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Orthopedic Braces & Support, Casting & Splints Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Orthopedic Braces & Support, Casting & Splints Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Orthopedic Braces and Supports |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Casting Supplies & Equipment |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Splinting Supplies & Equipment |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Orthopedic Braces & Support, Casting & Splints Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Soft & Elastic Braces and Supports |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Hinged Braces and Supports |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Hard & Rigid Braces and Supports |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Orthopedic Braces & Support, Casting & Splints Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Post-operative Rehabilitation |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Osteoarthritis |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Ligament Injury |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Preventive Care |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Orthopedic Braces & Support, Casting & Splints Market By End-User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Orthopedic Clinics |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Hospitals & Surgical Centers |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Others |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Orthopedic Braces & Support, Casting & Splints Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Orthopedic Braces & Support, Casting & Splints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Orthopedic Braces and Supports |
| 10.1.2.Casting Supplies & Equipment |
| 10.1.3.Splinting Supplies & Equipment |
| 10.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Soft & Elastic Braces and Supports |
| 10.2.2.Hinged Braces and Supports |
| 10.2.3.Hard & Rigid Braces and Supports |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Post-operative Rehabilitation |
| 10.3.2.Osteoarthritis |
| 10.3.3.Ligament Injury |
| 10.3.4.Preventive Care |
| 10.3.5.Others |
| 10.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Orthopedic Clinics |
| 10.4.2.Hospitals & Surgical Centers |
| 10.4.3.Others |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Orthopedic Braces & Support, Casting & Splints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Orthopedic Braces and Supports |
| 11.1.2.Casting Supplies & Equipment |
| 11.1.3.Splinting Supplies & Equipment |
| 11.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Soft & Elastic Braces and Supports |
| 11.2.2.Hinged Braces and Supports |
| 11.2.3.Hard & Rigid Braces and Supports |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Post-operative Rehabilitation |
| 11.3.2.Osteoarthritis |
| 11.3.3.Ligament Injury |
| 11.3.4.Preventive Care |
| 11.3.5.Others |
| 11.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Orthopedic Clinics |
| 11.4.2.Hospitals & Surgical Centers |
| 11.4.3.Others |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Orthopedic Braces & Support, Casting & Splints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Orthopedic Braces and Supports |
| 12.1.2.Casting Supplies & Equipment |
| 12.1.3.Splinting Supplies & Equipment |
| 12.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Soft & Elastic Braces and Supports |
| 12.2.2.Hinged Braces and Supports |
| 12.2.3.Hard & Rigid Braces and Supports |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Post-operative Rehabilitation |
| 12.3.2.Osteoarthritis |
| 12.3.3.Ligament Injury |
| 12.3.4.Preventive Care |
| 12.3.5.Others |
| 12.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Orthopedic Clinics |
| 12.4.2.Hospitals & Surgical Centers |
| 12.4.3.Others |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Orthopedic Braces & Support, Casting & Splints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Orthopedic Braces and Supports |
| 13.1.2.Casting Supplies & Equipment |
| 13.1.3.Splinting Supplies & Equipment |
| 13.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Soft & Elastic Braces and Supports |
| 13.2.2.Hinged Braces and Supports |
| 13.2.3.Hard & Rigid Braces and Supports |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Post-operative Rehabilitation |
| 13.3.2.Osteoarthritis |
| 13.3.3.Ligament Injury |
| 13.3.4.Preventive Care |
| 13.3.5.Others |
| 13.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Orthopedic Clinics |
| 13.4.2.Hospitals & Surgical Centers |
| 13.4.3.Others |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Orthopedic Braces & Support, Casting & Splints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Orthopedic Braces and Supports |
| 14.1.2.Casting Supplies & Equipment |
| 14.1.3.Splinting Supplies & Equipment |
| 14.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Soft & Elastic Braces and Supports |
| 14.2.2.Hinged Braces and Supports |
| 14.2.3.Hard & Rigid Braces and Supports |
| 14.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Post-operative Rehabilitation |
| 14.3.2.Osteoarthritis |
| 14.3.3.Ligament Injury |
| 14.3.4.Preventive Care |
| 14.3.5.Others |
| 14.4. End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Orthopedic Clinics |
| 14.4.2.Hospitals & Surgical Centers |
| 14.4.3.Others |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.DeRoyal Industries, Inc. (U.S) |
| 15.2.2.Bauerfeind AG (Germany) |
| 15.2.3.DJO Finance LLC (US) |
| 15.2.4.Breg, Inc. (US) |
| 15.2.5.Ossur Hf (Iceland) |
| 15.2.6.Otto Bock HealthCare (Germany) |
| 15.2.7.BSN Medical (Germany) |
| 15.2.8.medi GmbH & Co. KG (Germany) |
| 15.2.9.3M Company (US) |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
Download Free Sample
