U.S. Orthopedic Braces And Supports Market Is Likely To Witness Huge Growth

U.S. Orthopedic Braces And Supports Industry

The U.S. orthopedic braces and supports market size was valued at USD 1.34 billion in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2030. The increasing geriatric population, technological developments, prevalence of chronic and acute conditions, and initiatives by major companies are some of the key drivers for the market growth.

In 2023, U.S. orthopedic braces and supports market accounted for a market share of over 30% in the global orthopedic braces and supports market. Increasing amateur sports and activity levels, and number of elective orthopedic surgeries (such as knee replacement) are some of the factors anticipated to drive the demand for high-end products. These products include the Unloaded OA bracing products and postoperative bracing solutions. Rising incidences of osteoarthritis is further fueling the product demand. It is the most common form of arthritis affecting populations of all ages. According to the estimates of Centers for Disease Control and Prevention (CDC), over 78 million U.S. adults are likely to be diagnosed with arthritis by 2040.

Gather more insights about the market drivers, restrains and growth of the U.S. Orthopedic Braces And Supports market

The geriatric population largely contributes to increasing demand for orthopedic braces and support. This population is highly prone to musculoskeletal disorders. As bones and connecting tissues, including ligaments and cartilage, weaken naturally with age there is a high risk for muscle injury, primarily in the knees and shoulders. This also causes stiffness in joints, which boosts the need for braces and supports to enhance mobility. ACL tears and sprains are the other commonly affecting conditions impacting the people involved in activities such as gymnastics, football, downhill skiing, soccer, and basketball.

U.S. Orthopedic Braces And Supports Market Report Segmentation

• Product Outlook (Revenue, USD Million, 2018 - 2030)
  • Braces & Supports Type
    • Knee Braces & Supports
      • Knee Braces for Osteoarthritis and Ligament Injuries
      • Post-operational Knee Braces
    • Back Braces & Supports
      • Upper Spine Orthoses
      • TLSOs
      • LSOs
      • Others
    • Ankle Braces & Supports
      • Soft Braces
      • Hinged Braces
    • Walking Boots
      • Pneumatic Walking Boots
      • Non-pneumatic Walking Boots
    • Upper Extremity Braces & Supports
      • Elbow Braces & Supports
      • Wrist Braces & Supports
      • Others
    • Others
  • Pain Management Products
    • Cold Therapy Products
    • DVT Products
  • End-user Outlook (Revenue, USD Million, 2018 - 2030)
    • Orthopedic Clinics
    • Over the Counter (OTC)
    • Hospitals
    • Durable Medical Equipment (DME) Dealers
    • Others

Key U.S. Orthopedic Braces And Supports Company Insights

U.S. orthopedic braces and supports companies include BREG, Inc., Össur, DeRoyal Industries, Inc., and DJO, LLC (Enovis). The companies are focusing on adopting growth strategies, including collaborations, partnerships, mergers, and new product launches. Furthermore, market players are also focusing on business strategies such as marketing and promotions, broadening product portfolio to expand the availability and reach of their product offerings. Continuous R&D efforts are being undertaken by industry players companies for safe and effective products in treatment of orthopedic conditions.

Key U.S. Orthopedic Braces And Supports Companies:

• Össur
• BREG, Inc.
• DeRoyal Industries, Inc.
• Bauerfeind
• DJO Global, Inc.
• Otto Bock
• Fillauer LLC
• Frank Stubbs Company Inc.
• McDavid
• Hely & Weber

Recent Developments

• In April 2023, DJO Global Inc. (currently operating as Enovis) expanded its ankle and foot product portfolio with a knotless syndesmotic repair system by introducing Enofix with Constrictor technology. This technology helps stabilize syndesmosis, thereby proving an effective contribution to orthopedic braces and supports.
• In March 2023, BREG Inc. partnered with HealthMe to introduce patient direct-pay solutions for orthopedic cold therapy products. This initiative aimed to digitize and modernize the orthopedic braces and support the sector by offering patients access to the required equipment.

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