Detailed examination of the Global Orthotic Devices market - opportunities and forecasts, 2016 - 2021

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Orthotic Devices Market Analysis By Type (Knee
Braces Supports, Ankle Braces Supports Upper
Extremity Braces Supports and Others), By
Application (Injuries, Chronic Diseases,
Disabilities, Pediatrics) - With Forecast (2015
-2020)
MarketIntelReports newly published a research
report on Global Orthotic Devices Market with
covering detailed analysis on market
segmentation, global notable vendors,
geographical outlook, price financial updates,
segment application approach and future
forecasts.
Published on 15 July, 2015 Number of pages
615 Single User Price 4250
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The Report Orthotic Devices Market - By Type
(Knee Braces Supports, Ankle Braces Supports
Upper Extremity Braces Supports and Others), By
Application (Injuries, Chronic Diseases,
Disabilities, Pediatrics) and By Geography,
Forecast 2015-2020, Published by MarketIntelRepor
ts, Manufacturing Innovations Increasing
Awareness towards Orthopedic Ailments Will Drive
Orthotic Devices to a 4 Billion plus Market by
2020 The global orthotics market can be
segmented on basis of method of manufacturing,
type and end user applications. By method of
manufacturing, the market can be divided into
prefabricated, over-the-counter and custom
orthotic devices. Various types of orthotic
devices are used such as knee braces and
supports, ankle braces and supports, spinal
braces and supports and others. These are mainly
used for injuries, chronic diseases, disabilities
and for other problems.The crucial driving
factors accelerating the market are rapid
increase in aging population high incidence of
chronic diseases and disabilities and rise in
sport injuries. Another factor propelling the
market is growing awareness among the people
about orthotic devices.
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Orthotic Devices Market Forces Market
Drivers  Rapidly Aging Population To Increase
Demand For Orthotic Devices Growing Incidence of
Chronic Diseases To Drive the Growth of Orthotics
MarketRapid Urbanization And Associated
Lifestyle Diseases Drive The Demand For Orthotic
SupportsDisabilities To Spur The Adoption of
Orthotic Devices Increased Focus On Improving
Quality of Life Innovations In Production And
Modeling Technologies Growing Awareness Towards
Orthopedic Ailments Rise In Sports Injuries To
Drive The Sales of braces And Supports Market
Restraints Cultural Inhibitions To Restrict
Large-Scale Use of Orthotics High Cost of
Custom-Made Orthotic Devices Growth In Minimally
Invasive Surgeries To Dampen The Use of Orthotic
Devices Market Challenges Healthcare Budget
Restraints To Challenge The Growth of Orthotic
Device Market Poor Healthcare Reimbursement And
Payment Models To Hamper The Adoption of
Orthotics Consolidation of Market Leaders To
Create Significant Growth Challenge For Smaller
Companies
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North America is the dominant market of orthotic
devices and will continue to lead the market in
future. The major trend driving the market in
this region is increase in incidences of chronic
diseases that includes diabetes, arthritis and
cancer. Europe followed by APAC are the other
leading region of the market. The major driving
factor for growth of this market in Europe is
rapidly aging population as well as availability
of a wide patient pool requiring urgent orthotic
support and attention. APAC has population
account for over half of worlds aged population.
Thus, this region is the fastest emerging
market. The key players of the market are DJO
Global Inc. (U.S.) Otto Bock Holding GmbH Co.
KG (Germany) Ossur hf. (Iceland) Bauerfeind AG
(Germany) DeRoyal Industries, Inc. (U.S.). The
data has been gathered from primary and secondary
sources. The overall market has been analyzed on
basis of shipment volumes of knee braces and
supports, ankle braces and supports, upper
extremity braces and supports, foot insole and
spinal braces and supports. The market values are
also calculated on basis of different chronic
diseases, injuries and disabilities following the
epidemiology model. 
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Key questions answered in this report  What
will the market size be in 2020 and what will the
growth rate be? What are the key market
trends? What is driving this market? What are
the challenges to market growth? Who are the
key vendors in this market space? What are the
market opportunities and threats faced by the key
vendors? What are the strengths and weaknesses
of the key vendors? You can request one free
hour of our analysts time when you purchase this
market report. Details are provided within the
report.
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Orthotic Devices Market Analysis By Type (Knee
Braces Supports, Ankle Braces Supports Upper
Extremity Braces Supports and Others), By
Application (Injuries, Chronic Diseases,
Disabilities, Pediatrics) - With Forecast (2015
-2020)
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Global Orthotic Devices Market and future
opportunities are provided in the report.
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om www.marketintelreports.com
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