{"id":44277,"date":"2022-05-24T15:01:07","date_gmt":"2022-05-24T13:01:07","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/global-orthopedic-braces-and-supports-market-analysis-report-2022-2030-researchandmarkets-com\/"},"modified":"2022-05-24T15:01:07","modified_gmt":"2022-05-24T13:01:07","slug":"global-orthopedic-braces-and-supports-market-analysis-report-2022-2030-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/global-orthopedic-braces-and-supports-market-analysis-report-2022-2030-researchandmarkets-com\/","title":{"rendered":"Global Orthopedic Braces and Supports Market Analysis Report 2022-2030 – ResearchAndMarkets.com"},"content":{"rendered":"
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DUBLIN–(BUSINESS WIRE)–The “Orthopedic Braces and Supports Market Size, Share & Trends Analysis Report by Products (Braces & Supports Type, Pain Management Products), by End User (Orthopedic Clinics, OTC, Hospitals), by Region, and Segment Forecasts, 2022-2030”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.\n<\/p>\n

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\nThe global orthopedic braces and supports market size is anticipated to reach USD 8.26 billion by 2030, expanding at a lucrative CAGR of 7.6% during this period\n<\/p>\n

\nThe key factors driving the market growth include rising prevalence of chronic diseases such as osteoarthritis and rheumatoid arthritis, incidences of trauma & injury, and technological advancements. In December 2021, Nanyang Technological University, Singapore, and an engineering firm developed the X-Brace a knee brace that is 30% lighter than conventional ones. It is distributed by Wearable Kinetics, a subsidiary of Delsson.\n<\/p>\n

\nThe COVID-19 pandemic resulted in a dip in demand for orthopedic braces and supports. This was due to movement restrictions and social distancing measures implemented at local, national, and regional levels. The pandemic also led to supply chain hurdles, decreased sales & marketing activities, and operational challenges. As per the National Safety Council, sports and recreational injuries reduced by around 27% in 2020.\n<\/p>\n

\nInjuries associated with lacrosse, hockey, track and field events, baseball, softball, soccer, football, and basketball decreased by over 60% from March to September 2020. This was attributed to the suspension of school and youth sports leagues leading to decreased visits to emergency departments. However, the demand recovered to pre-COVID levels in succeeding months, as social distancing measures were eased and hospital and clinic visits resumed.\n<\/p>\n

\nOsteoporosis is considered as one of the leading causes of musculoskeletal or joint disorders among the geriatric population, leading to the need for orthopedic braces. The products restrict mobility to a particular direction, thereby assisting the overall movement of a patient.\n<\/p>\n

\nThe geriatric population base exhibits the highest incidences of musculoskeletal disorders. Thus, this group of population plays a vital role in accelerating the demand for such products. Aging leads to significant changes in the skeletal and neuromuscular systems, resulting in weak ligaments, arthritis, and Anterior Cruciate Ligament (ACL) tear.\n<\/p>\n

\nThe geriatric population is also expected to grow at an unprecedented rate in the years to come. This factor is anticipated to propel the product demand in the global market. High incidence of sports-related injuries is another leading cause for disability, pain, or restricted movement.\n<\/p>\n

\nAs per a study published in the Environment Research and Public Health Journal in May 2021, 40.4% of study participants suffered an injury in 2019. Amongst these, 39% were found to be injured in a previously injured area. Around 12.24% were found to suffer from lumbar muscle strains, 11.98% injuries were from ankle sprains, and 9.31% injuries were bone fractures.\n<\/p>\n

\nHigher rates of injury were found to be associated with using inadequate sports facilities, greater number of practice hours per week for ages of 14 to 17, inappropriate training loads, and not performing injury-preventive activities. All these risk factors along with the growing incidence of injuries is estimated to propel demand for orthopedic braces and supports.\n<\/p>\n

\nOrthopedic Braces and Supports Market Report Highlights<\/strong>\n<\/p>\n