Market Overview:
The global bracing and supports market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of sports injuries, rising geriatric population, and growing awareness about preventive care. The knee braces & supports segment is expected to dominate the global bracing and supports market in terms of revenue by 2030. This can be attributed to the increasing prevalence of knee injuries among athletes and elderly population. The foot & ankle braces & supports segment is projected to grow at a highest CAGR during the forecast period owing to increase in cases of ankle sprain across all age groups. In terms of application, ligament injury is estimated hold largest share in global bracing.
Product Definition:
Bracing and supports are engineering techniques used to reinforce a structure or component against lateral loads. Bracing is used to prevent the structure from buckling, while supports are used to keep the members in their correct position.
Knee Braces & Supports:
Knee braces and supports are used by patients suffering from knee pain or injury. The main function of these devices is to help the patient recover from knee injuries, which include ligament damage and cartilage wear. Knee braces can be categorized into two types: soft tissue braces and bone support braces.
Foot and Ankle Braces & Supports:
Foot and ankle braces & supports are used by patients suffering from foot or ankle injuries. Foot and ankle braces can be categorized into rigid, semi-rigid, soft, custom made as well as off the shelf products. The foot and ankle braces & supports market is driven by factors such as increasing incidences of sports-related injuries coupled with rising geriatric population prone to chronic conditions resulting in increased demand for bracing devices.
Application Insights:
The ligament injury segment dominated the global brace and supports market in 2017. This is due to an increase in the number of sports-related injuries including ACL sprains, MCL strains, PCL fractures and anterior cruciate ligament (ACL) injuries. According to a study published by NCBI, ACL injuries are common among athletes and occur more frequently during sports activities than other types of knee dislocation. The incidence rate for this type of injury was found to be around 2 per 1 million athlete exposures across all age groups globally.
Preventive care accounted for a significant share as well as revenue in 2017 owing to an increase in geriatric population base which increases the risk factors for various orthopedic diseases including osteoarthritis (OA).
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high healthcare expenditure, and increasing incidence of sports injuries. The Asia Pacific is expected to grow at a lucrative rate over the forecast period due to rising disposable income and improving healthcare infrastructure. Moreover, an increase in road accidents is also anticipated to drive demand for bracing & supports devices in this region.
The Europe market was valued at USD X billion in 2017.
In 2016, Germany accounted for highest revenue share followed by U.K.
Growth Factors:
- Increasing incidence of sports injuries: The increasing incidence of sports injuries is one of the key growth drivers for the global bracing and supports market. According to a study by the Centers for Disease Control and Prevention (CDC), in the U.S., an estimated 2 million people get injured while playing sports every year, which leads to approximately 300,000 hospital visits. This is expected to drive demand for braces and supports products in the coming years.
- Rising awareness about benefits of bracing and supports: There is a growing awareness among consumers about the benefits of using braces and supports products, which is driving demand for these products worldwide. Braces help in providing support to muscles, ligaments, tendons, and joints; hence they are being increasingly used by athletes as well as patients suffering from various orthopedic conditions such as arthritis or joint pain.
- Technological advancements: The global bracing and supports market has been witnessing significant advancements in terms of technology over the past few years owing to rising R&D investments by manufacturers operating in this space . This has led to introduction of innovative products with advanced features that are helping users achieve better results with minimal discomfort levels . Some such examples include 3D-printed braces that offer a perfect fit according to individual body contours , smart braces that can be controlled using smartphones , etc . Such technological advancements are likely to fuel growth prospects for this market over the next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bracing and Supports Market Research Report
By Type
Knee Braces & Supports, Foot and Ankle Braces & Supports, Spinal Orthoses, Upper Extremity Braces & Supports
By Application
Ligament Injury, Preventive Care, Osteoarthritis
By Companies
Biomet, Bledsoe, DeRoyal, Ossur, Bauerfeind, Breg, Cramer Products, Orthomerica, Swede-O, Xback Bracing, Biomet
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Bracing and Supports Market Report Segments:
The global Bracing and Supports market is segmented on the basis of:
Types
Knee Braces & Supports, Foot and Ankle Braces & Supports, Spinal Orthoses, Upper Extremity Braces & Supports
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
Ligament Injury, Preventive Care, Osteoarthritis
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:
- Biomet
- Bledsoe
- DeRoyal
- Ossur
- Bauerfeind
- Breg
- Cramer Products
- Orthomerica
- Swede-O
- Xback Bracing
- Biomet
Highlights of The Bracing and Supports 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:
- Knee Braces & Supports
- Foot and Ankle Braces & Supports
- Spinal Orthoses
- Upper Extremity Braces & Supports
- By Application:
- Ligament Injury
- Preventive Care
- Osteoarthritis
- 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 Bracing and Supports 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Bracing and supports are used to keep a structure stable. Bracing is made up of pieces of wood, metal, or other materials that are used to support the weight of the structure above it. Supports hold up beams or columns so they don't collapse under their own weight.
Some of the major companies in the bracing and supports market are Biomet, Bledsoe, DeRoyal, Ossur, Bauerfeind, Breg, Cramer Products, Orthomerica, Swede-O, Xback Bracing, Biomet.
The bracing and supports market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bracing and Supports Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bracing and Supports Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bracing and Supports Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bracing and Supports Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bracing and Supports Market Size & Forecast, 2018-2028
4.5.1 Bracing and Supports Market Size and Y-o-Y Growth
4.5.2 Bracing and Supports Market Absolute $ Opportunity
Chapter 5 Global Bracing and Supports Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bracing and Supports Market Size Forecast by Type
5.2.1 Knee Braces & Supports
5.2.2 Foot and Ankle Braces & Supports
5.2.3 Spinal Orthoses
5.2.4 Upper Extremity Braces & Supports
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bracing and Supports Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bracing and Supports Market Size Forecast by Applications
6.2.1 Ligament Injury
6.2.2 Preventive Care
6.2.3 Osteoarthritis
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bracing and Supports Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bracing and Supports Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bracing and Supports Analysis and Forecast
9.1 Introduction
9.2 North America Bracing and Supports Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bracing and Supports Market Size Forecast by Type
9.6.1 Knee Braces & Supports
9.6.2 Foot and Ankle Braces & Supports
9.6.3 Spinal Orthoses
9.6.4 Upper Extremity Braces & Supports
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bracing and Supports Market Size Forecast by Applications
9.10.1 Ligament Injury
9.10.2 Preventive Care
9.10.3 Osteoarthritis
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bracing and Supports Analysis and Forecast
10.1 Introduction
10.2 Europe Bracing and Supports Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bracing and Supports Market Size Forecast by Type
10.6.1 Knee Braces & Supports
10.6.2 Foot and Ankle Braces & Supports
10.6.3 Spinal Orthoses
10.6.4 Upper Extremity Braces & Supports
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bracing and Supports Market Size Forecast by Applications
10.10.1 Ligament Injury
10.10.2 Preventive Care
10.10.3 Osteoarthritis
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bracing and Supports Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bracing and Supports Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bracing and Supports Market Size Forecast by Type
11.6.1 Knee Braces & Supports
11.6.2 Foot and Ankle Braces & Supports
11.6.3 Spinal Orthoses
11.6.4 Upper Extremity Braces & Supports
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bracing and Supports Market Size Forecast by Applications
11.10.1 Ligament Injury
11.10.2 Preventive Care
11.10.3 Osteoarthritis
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bracing and Supports Analysis and Forecast
12.1 Introduction
12.2 Latin America Bracing and Supports Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bracing and Supports Market Size Forecast by Type
12.6.1 Knee Braces & Supports
12.6.2 Foot and Ankle Braces & Supports
12.6.3 Spinal Orthoses
12.6.4 Upper Extremity Braces & Supports
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bracing and Supports Market Size Forecast by Applications
12.10.1 Ligament Injury
12.10.2 Preventive Care
12.10.3 Osteoarthritis
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bracing and Supports Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bracing and Supports Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bracing and Supports Market Size Forecast by Type
13.6.1 Knee Braces & Supports
13.6.2 Foot and Ankle Braces & Supports
13.6.3 Spinal Orthoses
13.6.4 Upper Extremity Braces & Supports
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bracing and Supports Market Size Forecast by Applications
13.10.1 Ligament Injury
13.10.2 Preventive Care
13.10.3 Osteoarthritis
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bracing and Supports Market: Competitive Dashboard
14.2 Global Bracing and Supports Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biomet
14.3.2 Bledsoe
14.3.3 DeRoyal
14.3.4 Ossur
14.3.5 Bauerfeind
14.3.6 Breg
14.3.7 Cramer Products
14.3.8 Orthomerica
14.3.9 Swede-O
14.3.10 Xback Bracing
14.3.11 Biomet
