The market research report gives forecasts and information regarding revenue for the projected forecast period, as well as aids in the global analysis of the Global Orthopedic Braces and Supports Market. This research study provides a thorough review of the market trends that are anticipated to have an impact on the entire industry over the next few years. The analysis also describes how important factors will affect the global Orthopedic Braces and Supports market's growth and development throughout the course of the forecast year. The study also mentions promising potential in the global Orthopedic Braces and Supports market size.
Orthopedic Braces and Supports Market - Key Mergers and Acquisitions, Key dynamics, and Competitive Landscape.
According to Maximize Market Research, a global firm that conducts business research and consulting, the total global market for Orthopedic Braces and Supports Market size was valued at USD 3.6 Bn. in 2021 and the total Orthopedic Braces and Supports revenue is expected to grow by 6 % from 2022 to 2029, reaching nearly USD 5.7 Bn.
34 nations that tourism industry stakeholders consider to be popular tourist destinations are listed in the report. For benchmarking and profiling, the top corporations are chosen based on their predicted investment needs, dominance in certain regions, and global reach. Each local, regional, and international participant has been given consideration for their overall market influence.
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Orthopedic Braces and Supports Market Segment:
Due to an increase in people with disorders associated to the knee joint, knee braces and supports had the biggest revenue share in 2021. The load on knee joints affected by arthritis is reduced with knee braces. The main consumers of these things are athletes, people who have had knee surgery, persons with arthritis and other joint-related conditions. For the stability of fractures, sprains, ligament injuries, or tendon rips in the foot or ankle region, doctors recommend walking boots. However, this category only makes a small amount of money because of its limited usage. Walking boots are further classed as pneumatic and non-pneumatic.
Key Players:
• DJO, LLC (US)
• Zimmer Biomet (US)
• Medtronic(US)
• Stryker Corporation(US)
• Becker Orthopedic(US)
• OPPO MEDICAL INC(US)
• Langer Biomechanics(US)
• Integra LifeSciences Corporation(US)
• Globus Medical(US)
• Frank Stubbs Company(US)
• DeRoyal Industries(US)
• Johnson & Johnson Services, Inc(US)
• NuVasive, Inc(US)
• Weber Orthopedic LP. DBA Hely & Webe(US)
• Össur(Iceland)
• OTTOBOCK(Germany)
• BSN medical( Germany)
• AC Mould Engineering Limited(China)
• Ascent Meditech Limited( India)
• Alcare Co., Ltd(Japan)
Regional Analysis:
The five primary geographical regions of the Orthopedic Braces and Supports market growth are North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Research methodology:
- Top-down and bottom-up methodologies are employed to estimate and validate the size of the global Orthopedic Braces and Supports market size. A comprehensive list of noteworthy and active players is compiled by gamers who diligently follow the company's numerous classification requirements. The companies that are most relevant to the market under examination are chosen after a thorough validation procedure.
- Preference lists are created using commercial databases like Factiva, Bloomberg, and others and are organised in accordance with the revenue generated in the most recent quarter.
- Additionally, the questionnaire was created expressly to suit all requirements for gathering primary data in an appointment-only manner, depending on the main target groups. This facilitates our ability to gather data on a variety of topics, including player earnings, operating costs, profitability margins, and the expansion of various goods and services. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and other sources are used to verify about 70-80% of the data before it is used.
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