Market Overview:
The global medical waist support market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of obesity and other lifestyle diseases, growing awareness about the benefits of using medical waist supports, and technological advancements in the medical waist support industry. The global medical waist support market is segmented on the basis of type into with steel bar type and without steel bar type. The with steel bar type segment is expected to dominate the global medical waist support market during the forecast period owing to its superior features such as durability and stability.
Product Definition:
A waist support is a device worn around the waist to provide support and compression to the abdomen and/or lumbar region. Waist supports are used to treat or prevent conditions such as lower back pain, hernia, and post-operative swelling.
With Steel Bar Type:
With steel bar type, it's usage and growth factor in medical waist support market. With the growing aging population and obesity problems worldwide, there is a increasing demand for minimally invasive surgeries. According to the World Health Organization (WHO), over 60% of adults are suffering from obesity-related diseases in most of the countries including U.S., UK, India etc.
Obesity leads to many other chronic diseases such as diabetes which increases healthcare costs and lowers quality of life.
Without Steel Bar Type:
The steel bar without the cross-bar is also known as a straight or flat bar. It has one end that is thicker than the other and it can be made from any material such as cast iron, aluminum, titanium or stainless steel. The thickness of the end can vary from 1/16th inch to 3/8th of an inch.
Application Insights:
Health care application segment accounted for the largest share in 2015 owing to increasing prevalence of obesity and other diseases related to excess weight. On the basis of health care, the global medical waist support market is segmented into hospitals, clinics and primary healthcare centers, diagnostic centers, home healthcare services/nursing homes/assisted living facilities.
The treatment application segment is expected to witness lucrative growth over the forecast period due to rising number of bariatric surgeries being performed worldwide. According to data published by WHO in 2016 regarding bariatric surgery procedures globally; there has been a rise from 936 thousand obese patients (with a BMI equal or greater than 30) across all regions in 2014, who had unsuccessfully tried conventional methods for losing weight; till date approximately 2 million obese patients have undergone bariatric surgery around the world.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high adoption rate for advanced medical products are some factors driving the regional demand. In addition, increasing obesity level is also expected to drive growth during the forecast period. According to a study published by CDC’s National Center for Health Statistics, in 2015 around 30% of adults were obese and this number was 47% among black adult population in U.S., which further increases with every generation after baby boomers till millennials (ages 20-39). Thus, growing prevalence of obesity is one major factor boosting product demand across North America region over the forecast period.
Asia Pacific is expected to witness lucrative growth over the coming years owing to rising disposable income levels coupled with improving healthcare infrastructure especially in developing countries such as India and China along with other Southeast Asian nations that are rapidly adopting western culture & lifestyle such as Indonesia & Malaysia etc.).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for medical waist support products, as they help improve mobility and reduce pain among elderly patients.
- Rising prevalence of obesity: Obesity is a major risk factor for various chronic diseases such as heart disease, stroke, diabetes, and cancer. According to the World Health Organization (WHO), obesity has reached epidemic proportions globally, with more than 1 billion adults being overweight or obese in 2014. This is expected to drive demand for medical waist support products that can help manage obesity-related conditions effectively.
- Technological advancements: The medical waist support market is witnessing rapid technological advancements with new product launches catering to specific needs of consumers across different regions worldwide. These innovations are helping manufacturers expand their product portfolios and gain a larger share of the market pie . For instance, In 2015 Spri Products Inc., launched its Dura-Band Latex Resistance Band which helps users strengthen their core muscles while performing other exercises simultaneously . Such technological advancements are likely to fuel market growth over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Waist Support Market Research Report
By Type
With Steel Bar Type, Without Steel Bar Type
By Application
Health Care, Treatment
By Companies
BAUERFEIND, Mueller, Flexguard, Sparthos, Neo G, LP Support, Ergodyne, ARRIS, Vive Health, Copper Compression, ProfessorZ, AidBrace, Walgreens
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Medical Waist Support Market Report Segments:
The global Medical Waist Support market is segmented on the basis of:
Types
With Steel Bar Type, Without Steel Bar Type
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
Health Care, Treatment
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:
- BAUERFEIND
- Mueller
- Flexguard
- Sparthos
- Neo G
- LP Support
- Ergodyne
- ARRIS
- Vive Health
- Copper Compression
- ProfessorZ
- AidBrace
- Walgreens
Highlights of The Medical Waist Support 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:
- With Steel Bar Type
- Without Steel Bar Type
- By Application:
- Health Care
- Treatment
- 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 Medical Waist Support 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?
Medical waist support is a type of garment worn to help reduce the risk of obesity-related health problems such as heart disease, stroke, and diabetes. The garment helps to keep the stomach area in line by providing support and stability.
Some of the key players operating in the medical waist support market are BAUERFEIND, Mueller, Flexguard, Sparthos, Neo G, LP Support, Ergodyne, ARRIS, Vive Health, Copper Compression, ProfessorZ, AidBrace, Walgreens.
The medical waist support 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 Medical Waist Support 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 Medical Waist Support Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Waist Support 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 Medical Waist Support 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 Medical Waist Support Market Size & Forecast, 2018-2028
4.5.1 Medical Waist Support Market Size and Y-o-Y Growth
4.5.2 Medical Waist Support Market Absolute $ Opportunity
Chapter 5 Global Medical Waist Support 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 Medical Waist Support Market Size Forecast by Type
5.2.1 With Steel Bar Type
5.2.2 Without Steel Bar Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Waist Support 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 Medical Waist Support Market Size Forecast by Applications
6.2.1 Health Care
6.2.2 Treatment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Waist Support 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 Medical Waist Support 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 Medical Waist Support Analysis and Forecast
9.1 Introduction
9.2 North America Medical Waist Support 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 Medical Waist Support Market Size Forecast by Type
9.6.1 With Steel Bar Type
9.6.2 Without Steel Bar Type
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 Medical Waist Support Market Size Forecast by Applications
9.10.1 Health Care
9.10.2 Treatment
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 Medical Waist Support Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Waist Support 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 Medical Waist Support Market Size Forecast by Type
10.6.1 With Steel Bar Type
10.6.2 Without Steel Bar Type
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 Medical Waist Support Market Size Forecast by Applications
10.10.1 Health Care
10.10.2 Treatment
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 Medical Waist Support Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Waist Support 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 Medical Waist Support Market Size Forecast by Type
11.6.1 With Steel Bar Type
11.6.2 Without Steel Bar Type
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 Medical Waist Support Market Size Forecast by Applications
11.10.1 Health Care
11.10.2 Treatment
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 Medical Waist Support Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Waist Support 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 Medical Waist Support Market Size Forecast by Type
12.6.1 With Steel Bar Type
12.6.2 Without Steel Bar Type
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 Medical Waist Support Market Size Forecast by Applications
12.10.1 Health Care
12.10.2 Treatment
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) Medical Waist Support Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Waist Support 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) Medical Waist Support Market Size Forecast by Type
13.6.1 With Steel Bar Type
13.6.2 Without Steel Bar Type
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) Medical Waist Support Market Size Forecast by Applications
13.10.1 Health Care
13.10.2 Treatment
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 Medical Waist Support Market: Competitive Dashboard
14.2 Global Medical Waist Support Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BAUERFEIND
14.3.2 Mueller
14.3.3 Flexguard
14.3.4 Sparthos
14.3.5 Neo G
14.3.6 LP Support
14.3.7 Ergodyne
14.3.8 ARRIS
14.3.9 Vive Health
14.3.10 Copper Compression
14.3.11 ProfessorZ
14.3.12 AidBrace
14.3.13 Walgreens
