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Orthopedic Support Systems Market Size
- Report ID: GMI4944
- Published Date: Nov 2023
- Report Format: PDF
Orthopedic Support Systems Market Size
Orthopedic Support Systems Market size was valued at around USD 3.6 billion in 2022 and is estimated to register a CAGR of over 6.8% between 2023 and 2032. The increasing prevalence of orthopedic diseases, rising cases of sports and accident-related injuries, growing public awareness pertaining to preventive care, and technological advancements in orthopedic support systems are some of the key factors driving the market progress.
The geriatric population is particularly susceptible to chronic ailments, including musculoskeletal conditions and degenerative disorders. These health issues often require the utilization of orthopedic support systems such as orthopedic braces and orthopedic splints, which offer comfort, stability, and assistance to older adults, aiding in the management of musculoskeletal discomfort.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Orthopedic Support Systems Market Size in 2022: | USD 3.6 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.8% |
| 2032 Value Projection: | USD 6.9 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 270 |
| Tables, Charts & Figures: | 342 |
| Segments covered: | Product, Application, Patient, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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According to the World Health Organization, as of 2022, approximately 1.71 billion people worldwide were affected by musculoskeletal conditions. With a rapid increase in population and a growing number of elderly individuals, there is a substantial and escalating prevalence of various orthopedic conditions leading to functional limitations. Consequently, the significant disease burden and the high prevalence of related disorders are anticipated to propel the growth of the market.
Orthopedic support systems refer to a category of medical equipment and assistive devices designed to provide support, stability, and relief to individuals with musculoskeletal or orthopedic conditions. These systems are used to address a variety of orthopedic needs, such as stabilizing joints, reducing pain, supporting injured or weakened muscles, and improving mobility.
The lack of awareness about orthopedic support systems in many parts of the world could impede the market's expansion, as it hinders individuals from discovering and capitalizing on the advantages of these supportive technologies. Orthopedic support systems, including braces & support, splints, and other assistive devices, are designed to reduce pain, provide stability, and aid in the rehabilitation of various orthopedic conditions. However, limited awareness among potential users concerning the existence, advantages, and proper utilization of these support systems may restrict their adoption, leading to delayed or insufficient care for orthopedic issues.
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Orthopedic Support Systems Market Scope
