Market Overview:
The global wrist hand orthoses market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of wrist and hand injuries, rising awareness about the benefits of using wrist hand orthoses, and technological advancements in the field of orthotics. The global wrist hand orthoses market is segmented on the basis of type into dynamic Orthotics and static Orthotics. The dynamic Orthotics segment is expected to grow at a higher CAGR than the static Orthotics segment during the forecast period from 2018 to 2030. This can be attributed to their ability to provide greater flexibility and range of motion as compared with static Orthotics. On the basis of application, hospitals are expected to account for a larger share of the global wrist hand orthoses market than clinics or homecare settings duringthe forecast period from 2018to2030 owingto their large patient baseand growing demand for advanced medical devices such as wrist handorthoses .
Product Definition:
Wrist Hand Orthoses are devices that are used to support and protect the wrists and hands. They can be used to treat a variety of conditions, including carpal tunnel syndrome, arthritis, and fractures. Wrist Hand Orthoses can help to reduce pain and inflammation, improve joint stability, and allow for greater range of motion. They may also be helpful in preventing further injury.
Dynamic Orthotics:
Dynamic orthotics is a branch of biomedical engineering which deals with the study and treatment of foot and ankle problems by using orthopedic devices. The dynamic orthotics market is expected to grow at a lucrative rate during the forecast period owing to factors such as increasing geriatric population, rising prevalence of arthritis & osteoporosis coupled with growing awareness about these devices among consumers. Moreover, technological advancements in this field are also expected to drive growth over the next seven years.
Static Orthotics:
Static orthotics is a type of footwear designed to provide support and comfort for the arches of the feet. They are most commonly used by people who have foot problems such as flat feet, arthritis, or other medical conditions that cause pain in the joints or ligaments in their feet.
The static orthotics market is expected to witness lucrative growth over the forecast period owing to increasing prevalence of arthritis among adults and children across the globe. According to Arthritis Foundation (U.
Application Insights:
The industry is segmented by application into hospitals, clinics and homecare settings. The clinics segment dominated the market in 2017 owing to growing awareness about treatment of conditions associated with the wrist and hand. A large number of orthopedic surgeons have started treating patients with wrist disorders due to rising incidence of these disorders worldwide. As a result, this application segment is expected to grow at a lucrative rate over the forecast period.
Static orthotics are more effective than dynamic orthotics in correcting deformities caused by arthritis or trauma injuries as well as improving overall mobility for patients suffering from carpal tunnel syndrome or tennis elbow among others since they provide stability and support to joints during movement without restricting range of motion like braces would do so.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, favorable reimbursement policies, and increasing awareness about available treatment options are some factors driving the growth of this regional market. In addition, growing number of patients suffering from osteoarthritis is expected to drive the demand for orthopedic devices in North America over the forecast period.
Asia Pacific is anticipated to be one of fastest-growing regions during the forecast period owing to rising geriatric population and improving economic conditions in emerging countries such as China and India. Moreover, government initiatives encouraging private sector participation are also expected to boost revenue generation opportunities for industry players operating within Asia Pacific region during the forecast period (2018 - 2030). For instance, Arthrex Inc., a U.S.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for wrist hand orthoses in the coming years.
- Growing awareness about benefits of wrist hand orthoses: There is growing awareness among people about the benefits of using wrist hand orthoses and this is likely to boost demand for these devices in the near future.
- Rising incidence of injuries and disorders: The incidence of injuries and disorders that necessitate use of wrist hand orthoses is rising, which will fuel market growth in the coming years.
- Technological advancements: With technological advancements, new types of wrist hand orthoses are being developed that are more effective and comfortable than traditional devices, thereby propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wrist Hand Orthoses Market Research Report
By Type
Dynamic Orthotics, Static Orthotics
By Application
Hospitals, Clinics, Homecare Settings
By Companies
Hanger Clinic, Comprehensive Prosthetics and Orthotics, Essex Orthopaedics, DJO Global, Ottobock, DeRoyal Industries, Thuasne, Xi'an Hai Hong Prosthetic and Orthosis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Wrist Hand Orthoses Market Report Segments:
The global Wrist Hand Orthoses market is segmented on the basis of:
Types
Dynamic Orthotics, Static Orthotics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Homecare Settings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hanger Clinic
- Comprehensive Prosthetics and Orthotics
- Essex Orthopaedics
- DJO Global
- Ottobock
- DeRoyal Industries
- Thuasne
- Xi'an Hai Hong Prosthetic and Orthosis
Highlights of The Wrist Hand Orthoses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dynamic Orthotics
- Static Orthotics
- By Application:
- Hospitals
- Clinics
- Homecare Settings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wrist Hand Orthoses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wrist Hand Orthoses are a type of orthosis that help to support and protect the wrist. They can be used to help people who have difficulty moving their wrists, or who have had surgery on their wrists.
Some of the key players operating in the wrist hand orthoses market are Hanger Clinic, Comprehensive Prosthetics and Orthotics, Essex Orthopaedics, DJO Global, Ottobock, DeRoyal Industries, Thuasne, Xi'an Hai Hong Prosthetic and Orthosis.
The wrist hand orthoses market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wrist Hand Orthoses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wrist Hand Orthoses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wrist Hand Orthoses Market - Supply Chain
4.5. Global Wrist Hand Orthoses Market Forecast
4.5.1. Wrist Hand Orthoses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wrist Hand Orthoses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wrist Hand Orthoses Market Absolute $ Opportunity
5. Global Wrist Hand Orthoses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wrist Hand Orthoses Market Size and Volume Forecast by Type
5.3.1. Dynamic Orthotics
5.3.2. Static Orthotics
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wrist Hand Orthoses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wrist Hand Orthoses Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Homecare Settings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wrist Hand Orthoses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wrist Hand Orthoses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wrist Hand Orthoses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wrist Hand Orthoses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wrist Hand Orthoses Demand Share Forecast, 2019-2026
9. North America Wrist Hand Orthoses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wrist Hand Orthoses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wrist Hand Orthoses Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Homecare Settings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wrist Hand Orthoses Market Size and Volume Forecast by Type
9.7.1. Dynamic Orthotics
9.7.2. Static Orthotics
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wrist Hand Orthoses Demand Share Forecast, 2019-2026
10. Latin America Wrist Hand Orthoses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wrist Hand Orthoses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wrist Hand Orthoses Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Homecare Settings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wrist Hand Orthoses Market Size and Volume Forecast by Type
10.7.1. Dynamic Orthotics
10.7.2. Static Orthotics
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wrist Hand Orthoses Demand Share Forecast, 2019-2026
11. Europe Wrist Hand Orthoses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wrist Hand Orthoses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wrist Hand Orthoses Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Homecare Settings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wrist Hand Orthoses Market Size and Volume Forecast by Type
11.7.1. Dynamic Orthotics
11.7.2. Static Orthotics
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Ptential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wrist Hand Orthoses Demand Share, 2019-2026
12. Asia Pacific Wrist Hand Orthoses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wrist Hand Orthoses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wrist Hand Orthoses Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Homecare Settings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wrist Hand Orthoses Market Size and Volume Forecast by Type
12.7.1. Dynamic Orthotics
12.7.2. Static Orthotics
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wrist Hand Orthoses Demand Share, 2019-2026
13. Middle East & Africa Wrist Hand Orthoses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wrist Hand Orthoses Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wrist Hand Orthoses Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Homecare Settings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wrist Hand Orthoses Market Size and Volume Forecast by Type
13.7.1. Dynamic Orthotics
13.7.2. Static Orthotics
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wrist Hand Orthoses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wrist Hand Orthoses Market: Market Share Analysis
14.2. Wrist Hand Orthoses Distributors and Customers
14.3. Wrist Hand Orthoses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hanger Clinic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Comprehensive Prosthetics and Orthotics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Essex Orthopaedics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DJO Global
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ottobock
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DeRoyal Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thuasne
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Xi'an Hai Hong Prosthetic and Orthosis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook