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Orthopedic Braces and Support Market Share

Report ID: GMI8057
Published Date: Feb 2024
Report Format: PDF

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Orthopedic Braces and Support Market Share

The orthopedic braces and support industry is fragmented in nature, with companies competing to offer superior orthopedic support systems in this business space. The development and launch of novel advanced products based on different technologies are among a key market strategy. Some of the leading industry players including 3M Company, Össur, Ottobock SE & Co. KGaA, and Zimmer Biomet Holdings, Inc., among others have a notable presence in the market.

Orthopedic Braces and Support Market Companies

Some of the eminent market participants operating in the orthopedic braces and support industry include:

3M Company
Bauerfeind
Becker Orthopedic
Bird & Cronin, LLC.
DeRoyal Industries, Inc.
Enovis Corporation
Essity Health & Medical
Frank Stubbs Company Inc.
Medi GmbH & Co. KG
Ossur
Ottobock SE & Co. KGaA
Zimmer Biomet Holdings, Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Orthopedic braces and support industry was worth USD 4 billion in 2023 and is projected to expand at 5.8% CAGR from 2024

Soft orthopedic braces and support market size was USD 2.6 billion in 2023 and is anticipated to witness high demand through 2032 as they prioritize comfort and flexibility, providing individuals with a less restrictive alternative to rigid braces and suitable for everyday use, promoting better patient compliance.

North America orthopedic braces and support industry generated USD 1.6 billion in revenue in 2023 and is set to expand at a notable CAGR from 2024-2032 owing to the presence of advanced healthcare infrastructure facilitating the diagnosis, treatment, and rehabilitation of orthopedic conditions

Leading orthopedic braces and support firms are 3M Company, Bauerfeind, Becker Orthopedic, Bird & Cronin, LLC., DeRoyal Industries, Inc., Enovis Corporation, Essity Health & Medical, Frank Stubbs Company Inc., Medi GmbH & Co. KG,