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Orthopedic Support Systems Market Trends

Report ID: GMI4944
   |
Published Date: November 2023
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Report Format: PDF

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Orthopedic Support Systems Market Trends

The increasing prevalence of orthopedic diseases and disorders, including osteoarthritis, arthritis, and bursitis among others are significant factors driving the growth of the orthopedic support systems industry.
 

  • According to the World Health Organization, in 2019, about 528 million people worldwide were living with osteoarthritis, an increase of 113% since 1990. Increasing rate of obesity is a significant contributing factor to osteoarthritis. The excess body weight associated with obesity places increased stress and strain on the musculoskeletal system, leading to various health issues necessitating the use of orthopedic devices.
     
  • Additionally, orthopedic support systems are pivotal in offering comfort, stability, and pain relief to individuals dealing with orthopedic issues, particularly those related to sports injuries. As per the Centers for Disease Control and Prevention (CDC), approximately 3.5 million sports-related injuries occur annually in the U.S. as of 2022, with the knee, ankle, and shoulder being the most frequently affected areas, underscoring the essential role of orthopedic braces and supports in ensuring stability and facilitating recovery.
     
  • The demand for orthopedic support systems is driven by the need to provide effective support, pain relief, and rehabilitation for individuals experiencing injuries and conditions affecting these key body parts. Furthermore, advancements in materials and design, coupled with the aging population's desire to maintain an active lifestyle, are driving the innovation and adoption of orthopedic support solutions in the market.
     
  • Therefore, the increasing prevalence of orthopedic diseases, rising number of sports injuries, and the ageing population are anticipated to drive the demand for orthopedic support systems, thus augmenting the industry growth in the projected timeframe.
Authors: Mariam Faizullabhoy , Gauri Wani
Frequently Asked Question(FAQ) :
How will the braces & support segment influence the growth of orthopedic support systems industry?
The braces & support segment was valued at around USD 2.2 billion in 2022 and is expected to exhibit substantial growth during 2023-2032, driven by an increasing number of knee injuries and technological advancements.
How big is the orthopedic support systems market?
Which companies define the competitive landscape of orthopedic support systems industry?
What factors are pushing the growth of North America orthopedic support systems industry?
Orthopedic Support Systems Market Scope
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    Base Year: 2022

    Companies covered: 20

    Tables & Figures: 342

    Countries covered: 22

    Pages: 270

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