Market Overview:
The global wrist 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 incidence of wrist injuries and rising demand for effective treatment options. In addition, growing awareness about the benefits of using wrist orthoses is also propelling the market growth. Based on type, the global wrist orthosis market is segmented into ordinary splint type and inflatable type. The ordinary splint type segment dominates the global wrist orthosis market owing to its low cost and easy availability.
Product Definition:
A wrist orthosis is a device that is worn on the hand and forearm to provide support and stability to the wrist. It may be used to treat conditions such as carpal tunnel syndrome, arthritis, or fractures. The orthosis may also be used following surgery to help protect and support the healing wrist.
Ordinary Splint Type:
An ordinary splint is a device used to provide support and protection for injured or disabled joints. It can be made of wood, plaster, fiberglass or plastic. The material used in its production does not matter so much as long as it provides the necessary support and protection to the injured area. They are available in different sizes depending upon the joint requirements which makes them easy to use for almost every patient population out there.
Inflatable Type:
Inflatable type wrist orthosis is a supportive device that helps in stabilizing the wrist and provides comfort to the patient. It is used for providing stability to sprains, fractures, & arthritis among other conditions. The market for inflatable type wrist orthosis has been growing at a steady pace owing to its increasing demand from homecare settings as well as hospitals & clinics.
Application Insights:
The adults segment held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth owing to rising geriatric population and increasing cases of arthritis and other joint diseases globally. According to the World Health Organization (WHO), around 300 million people aged 60 years or above were registered worldwide in 2015, which is expected to reach 400 million by 2050 globally. Rising awareness about orthopedic conditions coupled with rising health consciousness among adults are anticipated to boost the demand for wrist braces during the forecast period.
The children¢â‚¬â„¢s application segment is also projected poised for lucrative growth over the coming years due largely on increased availability of advanced healthcare facilities along with improved living standards that have led towards a reduction in infant mortality rate and increase in life expectancy across various regions including Asia Pacific, North America,.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing prevalence of orthopedic conditions, and rising awareness about advanced products. Moreover, presence of key players such as DePuy Synthes; Johnson & Johnson Services Inc.; and Zimmer Biomet is expected to boost the growth over the forecast period. The companies are engaged in distribution agreement and collaboration for commercialization of their products. For instance, in January 2018, Synthes entered into distribution agreement with Carestream Orthopedics for selling its Total System product line through Carestream's network of independent distributors throughout North America.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to growing geriatric population coupled with an increase in sports activities among youth population across countries such as China and India which will result into an increased demand for protective gear including wrist braces that can help prevent injuries during training or competition.
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 orthosis in the coming years.
- Rising incidence of wrist injuries: There has been a rise in the incidence of wrist injuries in recent years, which is likely to boost demand for wrist orthosis products.
- Growing awareness about benefits of using wrist orthosis: There is growing awareness among people about the benefits of using wrist orthosis products, which is likely to fuel market growth in the coming years.
- Technological advancements: The development of new and innovative technologies has led to the introduction of advanced and more effective wrist orthosis products, thereby propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wrist Orthosis Market Research Report
By Type
Ordinary Splint Type, Inflatable Type
By Application
Children, Adults
By Companies
Thuasne, DonJoy, Lanaform, Aircast, SANTEMOL Group Medikal, Mueller Sports Medicine, Orthoservice, Bauerfeind, Ottobock, Oscar Boscarol, Thuasne, Dicarre, Tonus Elast, ORT Medical, Juzo, Chrisofix, Lohmann & Rauscher, Jiangsu Reak
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Wrist Orthosis Market Report Segments:
The global Wrist Orthosis market is segmented on the basis of:
Types
Ordinary Splint Type, Inflatable 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
Children, Adults
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:
- Thuasne
- DonJoy
- Lanaform
- Aircast
- SANTEMOL Group Medikal
- Mueller Sports Medicine
- Orthoservice
- Bauerfeind
- Ottobock
- Oscar Boscarol
- Thuasne
- Dicarre
- Tonus Elast
- ORT Medical
- Juzo
- Chrisofix
- Lohmann & Rauscher
- Jiangsu Reak
Highlights of The Wrist 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:
- Ordinary Splint Type
- Inflatable Type
- By Application:
- Children
- Adults
- 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 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?
Wrist orthosis is a type of medical device that helps to support and stabilize the wrist. Orthoses are often used to help people with arthritis or other conditions that affect the wrist, as well as people who have had surgery on their wrists.
Some of the key players operating in the wrist orthosis market are Thuasne, DonJoy, Lanaform, Aircast, SANTEMOL Group Medikal, Mueller Sports Medicine, Orthoservice, Bauerfeind, Ottobock, Oscar Boscarol, Thuasne, Dicarre, Tonus Elast, ORT Medical, Juzo, Chrisofix, Lohmann & Rauscher, Jiangsu Reak.
The wrist orthosis market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wrist 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 Wrist Orthosis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wrist 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 Wrist 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 Wrist Orthosis Market Size & Forecast, 2018-2028
4.5.1 Wrist Orthosis Market Size and Y-o-Y Growth
4.5.2 Wrist Orthosis Market Absolute $ Opportunity
Chapter 5 Global Wrist Orthosis 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 Wrist Orthosis Market Size Forecast by Type
5.2.1 Ordinary Splint Type
5.2.2 Inflatable Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wrist Orthosis 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 Wrist Orthosis Market Size Forecast by Applications
6.2.1 Children
6.2.2 Adults
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wrist 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 Wrist 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 Wrist Orthosis Analysis and Forecast
9.1 Introduction
9.2 North America Wrist Orthosis 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 Wrist Orthosis Market Size Forecast by Type
9.6.1 Ordinary Splint Type
9.6.2 Inflatable 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 Wrist Orthosis Market Size Forecast by Applications
9.10.1 Children
9.10.2 Adults
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 Wrist Orthosis Analysis and Forecast
10.1 Introduction
10.2 Europe Wrist Orthosis 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 Wrist Orthosis Market Size Forecast by Type
10.6.1 Ordinary Splint Type
10.6.2 Inflatable 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 Wrist Orthosis Market Size Forecast by Applications
10.10.1 Children
10.10.2 Adults
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 Wrist Orthosis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wrist Orthosis 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 Wrist Orthosis Market Size Forecast by Type
11.6.1 Ordinary Splint Type
11.6.2 Inflatable 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 Wrist Orthosis Market Size Forecast by Applications
11.10.1 Children
11.10.2 Adults
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 Wrist Orthosis Analysis and Forecast
12.1 Introduction
12.2 Latin America Wrist Orthosis 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 Wrist Orthosis Market Size Forecast by Type
12.6.1 Ordinary Splint Type
12.6.2 Inflatable 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 Wrist Orthosis Market Size Forecast by Applications
12.10.1 Children
12.10.2 Adults
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) Wrist Orthosis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wrist Orthosis 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) Wrist Orthosis Market Size Forecast by Type
13.6.1 Ordinary Splint Type
13.6.2 Inflatable 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) Wrist Orthosis Market Size Forecast by Applications
13.10.1 Children
13.10.2 Adults
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 Orthosis Market: Competitive Dashboard
14.2 Global Wrist Orthosis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thuasne
14.3.2 DonJoy
14.3.3 Lanaform
14.3.4 Aircast
14.3.5 SANTEMOL Group Medikal
14.3.6 Mueller Sports Medicine
14.3.7 Orthoservice
14.3.8 Bauerfeind
14.3.9 Ottobock
14.3.10 Oscar Boscarol
14.3.11 Thuasne
14.3.12 Dicarre
14.3.13 Tonus Elast
14.3.14 ORT Medical
14.3.15 Juzo
14.3.16 Chrisofix
14.3.17 Lohmann & Rauscher
14.3.18 Jiangsu Reak
