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Orthopedic Braces and Support Systems Market Worth 4.3 Billion USD by 2020

According to a new market research report "Orthopedic Braces & Supports Market by Product (Knee Braces, Foot & Ankle Braces, Spinal Orthoses, Upper Extremity Braces), by End User (Orthopedic Clinics, Over the Counter, Hospitals and Others), by Geography - Global Forecast to 2020 ", published by MarketsandMarkets, The Orthopedic Braces and Support Systems Market is expected to reach around 4.3 Billion USD by 2020, at a CAGR of 5.0% from 2015 to 2020.

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Orthopedic Braces and Support Systems Market Worth 4.3 Billion USD by 2020

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  1. Orthopaedic Braces and Support Systems Market Worth 4.3 Billion USD by 2020 www.MarketsandMarkets.com

  2. According to a new market research report "Orthopedic Braces & Supports Market by Product (Knee Braces, Foot & Ankle Braces, Spinal Orthoses, Upper Extremity Braces), by End User (Orthopedic Clinics, Over the Counter, Hospitals and Others), by Geography - Global Forecast to 2020", published by MarketsandMarkets, The Orthopedic Braces and Support Systems Market is expected to reach around 4.3 Billion USD by 2020, at a CAGR of 5.0% from 2015 to 2020. www.MarketsandMarkets.com

  3. Browse 54 market data Tables and 39 Figures spread through 114 Pages and in-depth TOC on "Orthopedic Braces & Supports Market“ http://www.marketsandmarkets.com/Market-Reports/orthopedic-braces-support-market-24806829.html Early buyers will receive 10% customization on reports. Orthopedic braces and supports are devices that are used to support and strengthen muscles and joints. These are used in prophylaxis of injury and patient care settings, right from the emergency room through the hospitalization period to rehabilitation and after care. In this report, the global orthopedic braces & supports market has been analysed and segmented based on type, end-user, and region. This market has also been analyzed with an explicit focus on the high-growth type and fastest-growing market segments. The report analyzes the competitive developments, such as new product launch, joint venture, and merger & acquisition in the global orthopedic braces market.

  4. Based on the condition for which these braces & supports are used, orthopedic braces & supports are segmented in four types, namely, knee braces and supports, foot and ankle braces & supports, spinal orthoses, and upper extremity braces and supports. The knee braces & supports segment accounted for the largest share of 42.5% of the market in 2014 and was valued at 1.4 billion in the same year. According to National Institute of Health (NIH), in 2010 approximately 524 Million people across the globe were registered to be within the age group of 65 years or above, representing 8.0% of the global population. By 2050, this number is expected to rise threefold and reach 1.5 Billion, representing 16.0% of the global population. Thus, the incidence rate of various diseases, especially the disorders and diseases related to bones, is expected to increase. The prevalence of other comorbidities associated with aging population, such as osteoarthritis, diabetes, obesity, and osteoporosis also contribute to the increase in the patient pool for the global orthopedic braces & support system, thereby driving the growth of the market. www.MarketsandMarkets.com

  5. Based on end users, the global orthopedic braces & supports system market has been segmented into orthopedic clinics, over-the-counter (OTC), hospitals, and other end users. Among all end-users, the sale of orthopedic braces & supports over the counter is expected to increase in the coming years. According to federal government of the U.S., the cost for undergoing orthopaedic surgeries has been growing in the recent years, and is expected to grow by 60% by 2020. In the recent years, a large number of populations are opting for recreational and sport activities. Orthopedic braces are used by this population to prevent any sports injuries. These braces are readily available in pharmacies and can be sold over-the-counter. Some of the major players in the Orthopedic Braces & Supports Market globally include Bauerfeind AG (Germany) Breg, Inc. (U.S.) DeRoyal Industries, Inc. (U.S.), DJO, LLC (U.S.), Ossur (Iceland), Ottobock (Germany), and BSN Medical (Germany), among others. A complete brochure for this report is available @ http://www.marketsandmarkets.com/pdfdownload.asp?id=24806829 www.MarketsandMarkets.com

  6. BrowseRelatedReports: Sports Medicine Market by Product Type (Implants, Arthroscopy, Prosthetics, Orthobiologics, Braces, Topical Pain Relief, Thermal Therapy, Compression Clothing, Bandages & Tapes), by Application (Knee, Shoulder) - Analysis & Global Forecast to 2020 http://www.marketsandmarkets.com/Market-Reports/sports-medicine-devices-market-751.html Foot and Ankle Devices Market by Product (Orthopaedic Implants (External Fixation, Internal Fixation), Prostheses, Bracing) & by Cause of Injury (Diabetes, Rheumatoid Arthritis, Osteoporosis, Osteoarthritis, Trauma, Bunions) - Trends & Global Forecasts to 2020 http://www.marketsandmarkets.com/Market-Reports/foot-ankle-devices-market-845.html www.MarketsandMarkets.com

  7. About Report Publisher: • MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. • Annual Market Research Reports Subscription -http://www.marketsandmarkets.com/Subscription.html • Contact: • Mr. Rohan • Markets and Markets • UNIT no 802, Tower no. 7, SEZ • Magarpatta city, Hadapsar • Pune, Maharashtra 411013, India • 1-888-600-6441 www.MarketsandMarkets.com

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