Orthopedic Braces and Support Systems Market Global Forecast to 2020

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MarketsandMarkets Presents
Orthopedic Braces and Support Systems Market
worth 4.3 Billion USD by 2020
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The report "Orthopedic Braces Supports
Market by Product (Knee Braces, Foot Ankle
Braces, Spinal Orthoses, Upper Extremity Braces),
by End User (Orthopedic Clinics, Over the
Counter, Hospitals and Others), by Geography -
Global Forecast to 2020", the global orthopedic
braces and support systems market was valued at
USD 3.2 Billion in 2014, and is estimated to
reach USD 4.3 Billion by 2020, at a CAGR of 5.0
from 2015 to 2020.   Browse 54 market data Tables
and 39 Figures spread through 114 Pages and
in-depth TOC on "Orthopedic Braces Supports
Market  http//www.marketsandmarkets.com/Market-R
eports/orthopedic-braces-support-market-24806829.h
tml Early buyers will receive 10 customization
on This report. The global orthopedic braces
support market was valued at USD 3.2 Billion in
2014 and is expected to reach USD 4.3 Billion by
2020, at a CAGR of 5.0 from 2015 to 2020.
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thopedic-braces-support-market-24806829.html
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Orthopedic braces and supports are devices that
are used to support and strengthen muscles and
joints. These are used in prophylaxis of injury
and patient care settings, right from the
emergency room through the hospitalization period
to rehabilitation and after care. Ligament
injuries are one of the most common injuries in
any sport thus, braces and support systems are
used to treat knee ankle sprains, torn knee
ligaments, and so on. Based on the condition for
which these braces supports are used,
orthopedic braces supports are segmented in
four types, namely, knee braces and supports,
foot and ankle braces supports, spinal
orthoses, and upper extremity braces and
supports. The knee braces supports segment
accounted for the largest share of 42.5 of the
market in 2014 and was valued at 1.4 billion in
the same year
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Based on end users, the global orthopedic braces
supports system market has been segmented into
orthopedic clinics, over-the-counter (OTC),
hospitals, and other end users. Among all
end-users, the sale of orthopedic braces
supports over the counter is expected to increase
in the coming years. According to federal
government of the U.S., the cost for undergoing
orthopedic surgeries has been growing in the
recent years, and is expected to grow by 60 by
2020. The Sample Report For This Report_at_
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sp?id24806829 Globally, the increasing aging
population has become a major driver for the
growth of the orthopedic industry. According to
National Institute of Health (NIH), in 2010
approximately 524 million people across the globe
were registered to be within the age group of 65
years or above, representing 8.0 of the global
population
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By 2050, this number is expected to rise
threefold and reach 1.5 billion, representing
16.0 of the global population. Thus, the
incidence rate of various diseases, especially
the disorders and diseases related to bones, is
expected to increase. The prevalence of other
comorbidities associated with aging population,
such as osteoarthritis, diabetes, obesity, and
osteoporosis also contribute to the increase in
the patient pool for the global orthopedic braces
support systems, thereby driving the growth of
the market.   Get The PDF Brochure For This
Report_at_ http//www.marketsandmarkets.com/pdfdownlo
ad.asp?id24806829  Some of the major players in
the orthopedic braces supports market globally
include Bauerfeind AG (Germany) Breg, Inc. (U.S.)
DeRoyal Industries, Inc. (U.S.), DJO, LLC (U.S.),
Ossur (Iceland), Ottobock (Germany), and BSN
Medical (Germany), among others
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