Market Overview:
The global wrist hand orthosis 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 orthosis 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 devices. On the basis of application, hospitals are expected to account for a larger share of the global wrist hand orthosis market than clinics or homecare duringthe forecast period from 2018to2030 owingto their large patient baseand growing demand for advanced medical treatments such as surgery and rehabilitation therapies.
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Product Definition:
A wrist hand orthosis (WHO) is a device that is worn on the arm to support and stabilize the wrist and hand. It can be used to treat conditions such as carpal tunnel syndrome, arthritis, or fractures.
Dynamic Orthotics:
Dynamic orthotics is a branch of biomedical engineering which deals with the study and treatment of foot and ankle problems by using springs, motors, batteries or other electrical devices. The main objective behind this technique is to restore the natural movement in patients who have suffered from an injury or any deformity. Dynamic orthotics uses electromagnetic technology for analyzing and treating sports-related injuries such as ligament sprains, arthritis pain among others.
Static Orthotics:
Static orthotics is a type of footwear designed to provide support and stability to people who have trouble with their balance. It works by reducing the stress on the joints of the feet and ankle, which helps in stabilizing body movements. The product also provides pain relief from Plantar Fasciitis, Bunions, Heel Spurs or any other foot related ailments.
Application Insights:
The industry is segmented by application into hospitals, clinics and homecare. The clinics segment dominated the market in 2017 owing to an increase in the number of orthopedic surgeries and rising geriatric population across the globe. According to WHO, around 54% of people aged 65 years or above were found to have osteoarthritis (OA) as compared with 33% of people aged 55 years or above in 2016.
Moreover, a rise in sports-related injuries is also expected to boost product demand over the forecast period. According to a study published by NCBI, around 6 million sports-related injuries are reported every year globally with more than 1/3rd occurring during school age children between 5th and 14th grades inclusive.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing geriatric population, and rising incidence of osteoarthritis. Moreover, an increase in sports activities has led to an increase in the number of injuries that result into the need for orthopedic devices. The U.S., which is a developed economy with high disposable income and healthcare expenditure as compared to other regions is expected to drive this regional market during the forecast period.
Asia Pacific WHO market is anticipated to grow at a lucrative rate over the forecast period due its developing economies such as China.
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 orthosis in the coming years.
- Growing awareness about benefits of wrist hand orthosis: There is growing awareness among people about the benefits of using wrist hand orthosis, which is likely to boost the market growth in the near future.
- Rising incidence of injuries and disorders: The incidence of injuries and disorders that necessitate use of wrist hand orthosis is rising, thereby propelling market growth.
- Technological advancements: With technological advancements, new and innovative products are being launched in the market, which is expected to fuel demand for wrist hand orthosis in the coming years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Wrist Hand Orthosis (WHO) Market Research Report
By Type
Dynamic Orthotics, Static Orthotics
By Application
Hospitals, Clinics, Homecare
By Companies
Hanger Clinic, Comprehensive Prosthetics and Orthotics, Essex Orthopaedics, DJO Global, Ottobock, DeRoyal Industries, Thuasne, Ossur, 3M Company, Bauerfeind, Medi GmbH & Co., Zimmer Biomet, Truelife, BSN Medical, Haosida
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Wrist Hand Orthosis (WHO) Market Report Segments:
The global Wrist Hand Orthosis (WHO) 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
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
- Ossur
- 3M Company
- Bauerfeind
- Medi GmbH & Co.
- Zimmer Biomet
- Truelife
- BSN Medical
- Haosida
 Market Overview.svg)
Highlights of The Wrist Hand Orthosis (WHO) 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
- 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 Orthosis (WHO) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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 Orthosis (WHO) is a type of orthotic device that is worn on the wrist to help correct hand function. WHO devices are designed to improve range of motion, strength, and stability in the hands.
Some of the major companies in the wrist hand orthosis (who) market are Hanger Clinic, Comprehensive Prosthetics and Orthotics, Essex Orthopaedics, DJO Global, Ottobock, DeRoyal Industries, Thuasne, Ossur, 3M Company, Bauerfeind, Medi GmbH & Co., Zimmer Biomet, Truelife, BSN Medical, Haosida.
The wrist hand orthosis (who) 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 Wrist Hand Orthosis (WHO) 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 Wrist Hand Orthosis (WHO) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wrist Hand Orthosis (WHO) 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 Wrist Hand Orthosis (WHO) 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 Wrist Hand Orthosis (WHO) Market Size & Forecast, 2020-2028
4.5.1 Wrist Hand Orthosis (WHO) Market Size and Y-o-Y Growth
4.5.2 Wrist Hand Orthosis (WHO) 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 Dynamic Orthotics
5.2.2 Static Orthotics
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 Hospitals
6.2.2 Clinics
6.2.3 Homecare
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wrist Hand Orthosis (WHO) 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 Wrist Hand Orthosis (WHO) 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 Dynamic Orthotics
9.6.2 Static Orthotics
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 Hospitals
9.10.2 Clinics
9.10.3 Homecare
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 Dynamic Orthotics
10.6.2 Static Orthotics
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 Hospitals
10.10.2 Clinics
10.10.3 Homecare
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 Dynamic Orthotics
11.6.2 Static Orthotics
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 Hospitals
11.10.2 Clinics
11.10.3 Homecare
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 Dynamic Orthotics
12.6.2 Static Orthotics
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 Hospitals
12.10.2 Clinics
12.10.3 Homecare
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 Dynamic Orthotics
13.6.2 Static Orthotics
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 Hospitals
13.10.2 Clinics
13.10.3 Homecare
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 Wrist Hand Orthosis (WHO) Market: Competitive Dashboard
14.2 Global Wrist Hand Orthosis (WHO) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hanger Clinic
14.3.2 Comprehensive Prosthetics and Orthotics
14.3.3 Essex Orthopaedics
14.3.4 DJO Global
14.3.5 Ottobock
14.3.6 DeRoyal Industries
14.3.7 Thuasne
14.3.8 Ossur
14.3.9 3M Company
14.3.10 Bauerfeind
14.3.11 Medi GmbH & Co.
14.3.12 Zimmer Biomet
14.3.13 Truelife
14.3.14 BSN Medical
14.3.15 Haosida
