Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Thumb Braces Market by Type (Splint, Support Strap), By Application (For Stabilization, For Abduction) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Thumb Braces Market by Type (Splint, Support Strap), By Application (For Stabilization, For Abduction) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 168577 3300 Medical Devices & Consumables 377 234 Pages 5 (43)
                                          

The global thumb braces market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing number of people suffering from arthritis and other joint disorders, which are leading causes for thumb pain and deformity. The increasing awareness about the benefits of wearing thumb braces is also driving the growth of this market. The global thumb braces market by type is segmented into splint and support strap. Splints are used for stabilization whereas support straps are used for abduction. The splint segment accounted for a share of over 50% in 2017, owing to its wide usage in various applications such as carpal tunnel syndrome, osteoarthritis, rheumatoid arthritis etc, whereas the support strap segment accounted for a share less than 10%. However, with an increase in awareness about its benefits among patients suffering from arthritis or other joint disorders such as carpal tunnel syndrome or osteoarthritis; it is expected that the demand for support straps will increase significantly during the forecast period (2021-2030).

Some Of The Growth Factors Of This Market:

  1. The thumb is the most important digit in the hand and is used for many daily tasks such as picking up objects, opening doors, and turning pages.
  2. Thumb braces are a type of orthotic device that can be worn on the thumb to help with pain or weakness in the joint.
  3. The use of thumb braces has been shown to reduce pain and improve function in patients with arthritis or other conditions affecting their thumbs.
  4. Thumb braces are typically made from a soft material such as neoprene or silicone which provides comfort while still providing support for the joint.
  5. There are many different types of thumb braces available on the market today including those that wrap around your entire hand, those that only cover your thumb, and those that have straps to hold them in place.

Industry Growth Insights published a new data on “Thumb Braces Market”. The research report is titled “Thumb Braces Market research by Types (Splint, Support Strap), By Applications (For Stabilization, For Abduction), By Players/Companies Steeper Inc, Otto Bock Australia Pty Ltd, BAUERFEIND, Össur, Kinetec, BREG, Chrisofix, Becker Orthopedic, Conwell Medical Co., Ltd, UNITED ORTHO, Dr. Med”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Thumb Braces Market Research Report

By Type

Splint, Support Strap

By Application

For Stabilization, For Abduction

By Companies

Steeper Inc, Otto Bock Australia Pty Ltd, BAUERFEIND, Össur, Kinetec, BREG, Chrisofix, Becker Orthopedic, Conwell Medical Co., Ltd, UNITED ORTHO, Dr. Med

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

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Thumb Braces Industry Outlook


Global Thumb Braces Market Report Segments:

The global Thumb Braces market is segmented on the basis of:

Types

Splint, Support Strap

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

For Stabilization, For Abduction

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:

  1. Steeper Inc
  2. Otto Bock Australia Pty Ltd
  3. BAUERFEIND
  4. Össur
  5. Kinetec
  6. BREG
  7. Chrisofix
  8. Becker Orthopedic
  9. Conwell Medical Co., Ltd
  10. UNITED ORTHO
  11. Dr. Med

Global Thumb Braces Market Overview


Highlights of The Thumb Braces Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Splint
    2. Support Strap
  1. By Application:

    1. For Stabilization
    2. For Abduction
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Thumb Braces 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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Global Thumb Braces Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Thumb braces are a type of orthopedic brace that is worn to correct thumb misalignment. They help to align the thumb and hand so that they can function properly.

Some of the key players operating in the thumb braces market are Steeper Inc, Otto Bock Australia Pty Ltd, BAUERFEIND, ƒâ€“ssur, Kinetec, BREG, Chrisofix, Becker Orthopedic, Conwell Medical Co., Ltd, UNITED ORTHO, Dr. Med.

The thumb braces market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Thumb Braces Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Thumb Braces Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Thumb Braces Market - Supply Chain
   4.5. Global Thumb Braces Market Forecast
      4.5.1. Thumb Braces Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Thumb Braces Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Thumb Braces Market Absolute $ Opportunity

5. Global Thumb Braces Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Thumb Braces Market Size and Volume Forecast by Type
      5.3.1. Splint
      5.3.2. Support Strap
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Thumb Braces Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Thumb Braces Market Size and Volume Forecast by Application
      6.3.1. For Stabilization
      6.3.2. For Abduction
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Thumb Braces Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Thumb Braces Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Thumb Braces Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Thumb Braces Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Thumb Braces Demand Share Forecast, 2019-2026

9. North America Thumb Braces Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Thumb Braces Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Thumb Braces Market Size and Volume Forecast by Application
      9.4.1. For Stabilization
      9.4.2. For Abduction
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Thumb Braces Market Size and Volume Forecast by Type
      9.7.1. Splint
      9.7.2. Support Strap
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Thumb Braces Demand Share Forecast, 2019-2026

10. Latin America Thumb Braces Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Thumb Braces Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Thumb Braces Market Size and Volume Forecast by Application
      10.4.1. For Stabilization
      10.4.2. For Abduction
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Thumb Braces Market Size and Volume Forecast by Type
      10.7.1. Splint
      10.7.2. Support Strap
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Thumb Braces Demand Share Forecast, 2019-2026

11. Europe Thumb Braces Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Thumb Braces Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Thumb Braces Market Size and Volume Forecast by Application
      11.4.1. For Stabilization
      11.4.2. For Abduction
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Thumb Braces Market Size and Volume Forecast by Type
      11.7.1. Splint
      11.7.2. Support Strap
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Prduct Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Thumb Braces Demand Share, 2019-2026

12. Asia Pacific Thumb Braces Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Thumb Braces Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Thumb Braces Market Size and Volume Forecast by Application
      12.4.1. For Stabilization
      12.4.2. For Abduction
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Thumb Braces Market Size and Volume Forecast by Type
      12.7.1. Splint
      12.7.2. Support Strap
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Thumb Braces Demand Share, 2019-2026

13. Middle East & Africa Thumb Braces Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Thumb Braces Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Thumb Braces Market Size and Volume Forecast by Application
      13.4.1. For Stabilization
      13.4.2. For Abduction
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Thumb Braces Market Size and Volume Forecast by Type
      13.7.1. Splint
      13.7.2. Support Strap
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Thumb Braces Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Thumb Braces Market: Market Share Analysis
   14.2. Thumb Braces Distributors and Customers
   14.3. Thumb Braces Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Steeper Inc
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Otto Bock Australia Pty Ltd
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. BAUERFEIND
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Össur
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Kinetec
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. BREG
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Chrisofix
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Becker Orthopedic
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Conwell Medical Co., Ltd
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. UNITED ORTHO
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Dr. Med
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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