According to IMARC Group latest report titled Europe Orthopedic Braces and Support Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, offers a comprehensive analysis of the industry, which comprises insights onEurope orthopedic braces and support market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Europe orthopedic braces and support market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects themarket to reach US$ 1.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.56% during 2023-2028.
What are orthopedic braces and support?
Orthopedic braces and supports are developed specifically to offer stability, support, and protection to various body areas, notably the musculoskeletal system. They are frequently employed to aid in rehabilitation, control pain, stop more damage, and speed up recovery. They can be customized or are offered in standard sizes to fit particular body parts. They are manufactured from a range of materials, including cloth, metal, plastic, or a combination of these. Their main goal is to prevent excessive movement in the afflicted area, which lessens discomfort and safeguards the injured or delicate components. They help the body heal properly and speed up the recovery process by offering support and limiting unintentional movements. They can improve joint stability, encourage proper alignment and posture, and lower the chance of additional harm or re-injury.
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What are the growth prospects and trends in the Europe orthopedic braces and support industry?
The escalating prevalence of orthopedic conditions and injuries majorly drives the market in Europe. As the global population ages and becomes more physically active, the incidence of orthopedic ailments such as osteoarthritis, fractures, and sports injuries are increasing. This is positively influencing the market as orthopedic braces and supports help with pain management, offer stability, and aid in the healing process. Along with this, the growing awareness and acceptance of non-surgical treatment options among patients and healthcare providers is significantly supporting the market. Apart from this, manufacturers are incorporating lightweight and durable materials, including carbon fiber, titanium, and advanced fabrics, to improve the comfort and flexibility of the devices and overall performance, impacting the market. Furthermore, the development of technologically advanced braces and supports, such as 3D-printed devices and smart wearables to monitor patient progress and adapt to their changing needs, is creating a positive market outlook.
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Europe Orthopedic Braces and SupportMarket Segmentation:
Our report has categorized the market based on country, product, type, application and end use.
Breakup by Product:
- Lower Extremity Braces and Supports
- Spinal Braces and Supports
- Upper Extremity Braces and Supports
Breakup by Type:
- Soft and Elastic Braces and Supports
- Hinged Braces and Supports
- Hard and Rigid Braces and Supports
Breakup by Application:
- Ligament Injury
- Preventive Care
- Post-Operative Rehabilitation
- Osteoarthritis
- Others
Breakup by End User:
- Orthopedic Clinics
- Hospitals and Surgical Centers
- Over-the-Counter (OTC) Platforms
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porters Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
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