Market Overview:
The global lumbus sacrum orthosis market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing prevalence of back pain and spinal disorders, rising geriatric population, and technological advancements in orthotic devices. Based on type, the global lumbus sacrum orthosis market is segmented into soft brace and rigid brace. The soft brace segment is expected to register a higher CAGR during the forecast period as compared to rigid brace segment owing to its high comfort level and easy usage. Based on application, the global lumbus sacrum orthosis market is divided into medical supplies store, clinic, hospital, online store segments. Among these applications segments, medical supplies store held dominant share in 2017 due to growing demand for technologically advanced devices for treatment of back pain and spinal disorders from patients across globe .Geographically ,the global Lumbar Sacral Orthoses (LSO) Marketis classifiedinto North America , Latin America Europe Asia Pacificand Middle East & Africa .Among all regions , North America held dominant share in 2017 dueto increasing number of spine surgeries being performed in this region coupled with rising awareness about benefits associated with use of LSOs among people suffering from back pain or spinal disorders .
Product Definition:
Lumbus Sacrum Orthosis is an external device used to support and immobilize the lower back and sacrum. It is often used following surgery or after an injury to the area. The device helps to reduce pain and protect the injured area from further damage.
Soft Brace:
Soft brace is a type of orthotic device that is used to correct spinal instability caused due to degenerative disc disease, spondylolisthesis, and scoliosis. It helps in stabilizing the spine by reducing pain and increasing stability. The growing prevalence of these conditions has led to an increase in demand for soft braces which are expected to drive market growth over the forecast period.
Rigid Brace:
The rigid brace is used to support the lumbar vertebrae and provides stability to the spine. The brace helps in reducing back pain caused due to degenerative disc disease, herniated disc, or spondylolisthesis. Rigid braces are also useful for patients suffering fromsciatica and peripheral neuropathy.
Application Insights:
The medical supplies store segment dominated the global lumbus sacrum orthosis market in 2017. This is attributed to a high number of patients suffering from low back pain and other associated injuries. According to the American Academy of Pain Management, chronic lower back pain affected nearly 40% of adults in U.S., which amounts to more than 20 million people. Moreover, as per the National Health Statistics Report 2016-2017, around 1 out of 5 adults aged 18 years or above reported symptoms related to low back pain during the year 2015-2016.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing cases of osteoporosis, rising geriatric population, and high per capita healthcare expenditure in countries such as the U.S., Canada, and Mexico.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving economic conditions leading towards increased disposable income resulting into an increase in consumer health awareness levels coupled with growing medical tourism industry due primarily primarily mainly largely largely firstly foremost secondly thirdly fourth fifth sixth seventh eighth ninth tenth eleventh twelfth thirteen fourteen fifteen sixteen seventeen eighteen nineteen twentieth twenty-first century etcetera etcetera etcetera).
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for lumbar sacral orthosis in the coming years.
- Rising incidence of back pain: Back pain is one of the most common medical conditions and its incidence is rising rapidly across the world. This will create a high demand for lumbar sacral orthosis in the near future.
- Growing awareness about spine health: There has been a growing awareness about spine health in recent years, which has led to an increase in the number of people seeking treatment for back pain and other spinal disorders. This will boost demand for lumbar sacral orthosis products in the coming years.
- Technological advancements: The development of new technologies that can help improve comfort and functionality of lumbar sacral orthosis products is likely to spur market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lumbus Sacrum Orthosis Market Research Report
By Type
Soft Brace, Rigid Brace
By Application
Medical Supplies Store, Clinic, Hospital, Online Store
By Companies
Mueller Sports Medicine Inc, Vive, ComfyMed, Thuasne USA, Aspen Medical Products, Advanced Orthopaedics, Medi, Berg, Bauerfeind, LifeBack Works LLC, BSN Medical, Ossur, Rehan Health Care, LP Support, OTC Brace, Sparthos
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Lumbus Sacrum Orthosis Market Report Segments:
The global Lumbus Sacrum Orthosis market is segmented on the basis of:
Types
Soft Brace, Rigid Brace
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
Medical Supplies Store, Clinic, Hospital, Online Store
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:
- Mueller Sports Medicine Inc
- Vive
- ComfyMed
- Thuasne USA
- Aspen Medical Products
- Advanced Orthopaedics
- Medi
- Berg
- Bauerfeind
- LifeBack Works LLC
- BSN Medical
- Ossur
- Rehan Health Care
- LP Support
- OTC Brace
- Sparthos
Highlights of The Lumbus Sacrum Orthosis 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:
- Soft Brace
- Rigid Brace
- By Application:
- Medical Supplies Store
- Clinic
- Hospital
- Online Store
- 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 Lumbus Sacrum Orthosis 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?
Lumbus Sacrum Orthosis is a type of orthotic device that is used to treat lower back pain. The device helps to support the spine and reduce pressure on the discs in the lower back.
Some of the major players in the lumbus sacrum orthosis market are Mueller Sports Medicine Inc, Vive, ComfyMed, Thuasne USA, Aspen Medical Products, Advanced Orthopaedics, Medi, Berg, Bauerfeind, LifeBack Works LLC, BSN Medical, Ossur, Rehan Health Care, LP Support, OTC Brace, Sparthos.
The lumbus sacrum orthosis market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lumbus Sacrum Orthosis 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 Lumbus Sacrum Orthosis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lumbus Sacrum Orthosis 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 Lumbus Sacrum Orthosis 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 Lumbus Sacrum Orthosis Market Size & Forecast, 2020-2028
4.5.1 Lumbus Sacrum Orthosis Market Size and Y-o-Y Growth
4.5.2 Lumbus Sacrum Orthosis Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Soft Brace
5.2.2 Rigid Brace
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical Supplies Store
6.2.2 Clinic
6.2.3 Hospital
6.2.4 Online Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lumbus Sacrum Orthosis 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 Lumbus Sacrum Orthosis 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Soft Brace
9.6.2 Rigid Brace
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 Market Size Forecast by Applications
9.10.1 Medical Supplies Store
9.10.2 Clinic
9.10.3 Hospital
9.10.4 Online Store
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Soft Brace
10.6.2 Rigid Brace
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 Market Size Forecast by Applications
10.10.1 Medical Supplies Store
10.10.2 Clinic
10.10.3 Hospital
10.10.4 Online Store
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Soft Brace
11.6.2 Rigid Brace
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 Market Size Forecast by Applications
11.10.1 Medical Supplies Store
11.10.2 Clinic
11.10.3 Hospital
11.10.4 Online Store
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Soft Brace
12.6.2 Rigid Brace
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 Market Size Forecast by Applications
12.10.1 Medical Supplies Store
12.10.2 Clinic
12.10.3 Hospital
12.10.4 Online Store
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Soft Brace
13.6.2 Rigid Brace
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) Market Size Forecast by Applications
13.10.1 Medical Supplies Store
13.10.2 Clinic
13.10.3 Hospital
13.10.4 Online Store
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 Lumbus Sacrum Orthosis Market: Competitive Dashboard
14.2 Global Lumbus Sacrum Orthosis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mueller Sports Medicine Inc
14.3.2 Vive
14.3.3 ComfyMed
14.3.4 Thuasne USA
14.3.5 Aspen Medical Products
14.3.6 Advanced Orthopaedics
14.3.7 Medi
14.3.8 Berg
14.3.9 Bauerfeind
14.3.10 LifeBack Works LLC
14.3.11 BSN Medical
14.3.12 Ossur
14.3.13 Rehan Health Care
14.3.14 LP Support
14.3.15 OTC Brace
14.3.16 Sparthos
