Market Overview:
The global upper limb orthotics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing prevalence of upper limb disabilities and the growing demand for advanced and customized orthotic devices are some of the major factors driving the growth of this market. By type, dynamic orthotics is expected to be the fastest-growing segment during the forecast period, owing to its ability to provide greater flexibility and movement than static orthotics. By application, hospitals are expected to account for the largest share of this market in 2018, followed by clinics and homecare settings. Geographically, North America is estimated to dominate this market in 2018; however, Asia Pacific is projected to be the fastest-growing region during the forecast period.
Product Definition:
Upper limb orthotics is a type of medical device that is used to support and/or correct the function of the arms and hands. These devices are typically made from a variety of materials, including metal, plastic, or leather, and they can be used to help patients with conditions such as cerebral palsy, stroke, or arthritis. Upper limb orthotics can be very helpful in improving strength and range of motion in the arms and hands, which can lead to improved quality of life for patients.
Dynamic Orthotics:
Dynamic orthotics is a type of prosthetic device that uses springs, elastic bands or hydraulic systems to provide support and comfort to the wearer. The market for dynamic orthotics is expected to witness growth due to increasing geriatric population base coupled with rising prevalence of arthritis and other joint related disorders. Moreover, technological advancements in this field are also anticipated as one of the key factors driving demand over the forecast period.
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 load on the injured foot, which helps it heal faster. The product also provides pain relief and improved blood circulation in case of any injuries or diseases related to feet.
Application Insights:
The dynamic orthotics application segment dominated the global upper limb orthotics market in 2017. This is owing to the growing prevalence of musculoskeletal disorders and increasing government initiatives for early diagnosis and treatment. According to a study published by NCBI, around 300 million people globally suffer from lower limb pain every year. The economic burden of these disorders amounts to USD 646 billion annually in the U.S., which is expected to increase with age, thus driving demand over the forecast period (2018-2030).
Static orthotic devices are majorly used for treating conditions such as foot pain, knee osteoarthritis (OA), hip bursitis/patellofemoral OA, shoulder impingement syndrome or frozen shoulder along with other associated conditions such as diabetes mellitus type 2 or rheumatoid arthritis affecting one or more joints of lower extremities. These aforementioned factors are anticipated to drive product demand over the forecast period (2018-2030).
Regional Analysis:
North America dominated the global upper limb orthotics market in 2017. The presence of well-developed healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region are some factors responsible for its large share. Moreover, favorable reimbursement policies and increasing government initiatives to create awareness regarding rehabilitation after surgery are also expected to drive the market growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population and improving economic conditions leading to an increase in disposable income which results into a rise in consumerism thereby driving demand for upper limb devices such as braces & supports, splints & sling products etc. In addition, growing medical tourism due to low cost of treatment is also expected fuel regional product demand during the forecast period.
Growth Factors:
- Increasing incidence of musculoskeletal disorders: The Upper Limb Orthotics market is driven by the increasing incidence of musculoskeletal disorders, such as rheumatoid arthritis, osteoarthritis, and carpal tunnel syndrome. This is because Upper Limb Orthotics help in improving the quality of life for patients suffering from these conditions.
- Growing awareness about the benefits of Upper Limb Orthotics: There is a growing awareness among people about the benefits of using Upper Limb Orthotics. This has led to an increase in demand for these devices, thereby driving growth in the market.
- Technological advancements: The market for Upper Limb Orthotics is propelled by technological advancements that have led to innovative products with better features being launched in the market. These new products are helping to expand the reach of Upper Limb Orthotics to a larger population base and are thus contributing to growth in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Upper Limb Orthotics Market Research Report
By Type
Dynamic Orthotics, Static Orthotics
By Application
Hospitals, Clinics, Homecare Settings
By Companies
Hanger Clinic, Comprehensive Prosthetics and Orthotics, Essex Orthopaedics, DJO Global, Ottobock, DeRoyal Industries, Medi, Thuasne, Nakamura Brace, SCHECK and SIRESS, BSN Medical, Aspen Medical Products, Becker Orthopedic, Xi'an Hai Hong Prosthetic and Orthosis
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Upper Limb Orthotics Market Report Segments:
The global Upper Limb Orthotics 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 Settings
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
- Medi
- Thuasne
- Nakamura Brace
- SCHECK and SIRESS
- BSN Medical
- Aspen Medical Products
- Becker Orthopedic
- Xi'an Hai Hong Prosthetic and Orthosis
Highlights of The Upper Limb Orthotics 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 Settings
- 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 Upper Limb Orthotics 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?
Orthotics are devices that help to correct alignment and biomechanical problems in the upper limbs. Upper limb orthotics may be used to improve range of motion, reduce pain, and support the shoulder joint.
Some of the key players operating in the upper limb orthotics market are Hanger Clinic, Comprehensive Prosthetics and Orthotics, Essex Orthopaedics, DJO Global, Ottobock, DeRoyal Industries, Medi, Thuasne, Nakamura Brace, SCHECK and SIRESS, BSN Medical, Aspen Medical Products, Becker Orthopedic, Xi'an Hai Hong Prosthetic and Orthosis.
The upper limb orthotics 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. Upper Limb Orthotics 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. Upper Limb Orthotics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Upper Limb Orthotics Market - Supply Chain
4.5. Global Upper Limb Orthotics Market Forecast
4.5.1. Upper Limb Orthotics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Upper Limb Orthotics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Upper Limb Orthotics Market Absolute $ Opportunity
5. Global Upper Limb Orthotics 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. Upper Limb Orthotics Market Size and Volume Forecast by Type
5.3.1. Dynamic Orthotics
5.3.2. Static Orthotics
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Upper Limb Orthotics 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. Upper Limb Orthotics Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Homecare Settings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Upper Limb Orthotics 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. Upper Limb Orthotics 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 Upper Limb Orthotics 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. Upper Limb Orthotics 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 Upper Limb Orthotics Demand Share Forecast, 2019-2026
9. North America Upper Limb Orthotics 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 Upper Limb Orthotics 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 Upper Limb Orthotics Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Homecare Settings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Upper Limb Orthotics Market Size and Volume Forecast by Type
9.7.1. Dynamic Orthotics
9.7.2. Static Orthotics
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 Upper Limb Orthotics Demand Share Forecast, 2019-2026
10. Latin America Upper Limb Orthotics 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 Upper Limb Orthotics 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 Upper Limb Orthotics Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Homecare Settings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Upper Limb Orthotics Market Size and Volume Forecast by Type
10.7.1. Dynamic Orthotics
10.7.2. Static Orthotics
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 Upper Limb Orthotics Demand Share Forecast, 2019-2026
11. Europe Upper Limb Orthotics 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 Upper Limb Orthotics 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 Upper Limb Orthotics Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Homecare Settings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Upper Limb Orthotics Market Size and Volume Forecast by Type
11.7.1. Dynamic Orthotics
11.7.2. Static Orthotics
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 Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Upper Limb Orthotics Demand Share, 2019-2026
12. Asia Pacific Upper Limb Orthotics 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 Upper Limb Orthotics 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 Upper Limb Orthotics Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Homecare Settings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Upper Limb Orthotics Market Size and Volume Forecast by Type
12.7.1. Dynamic Orthotics
12.7.2. Static Orthotics
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 Upper Limb Orthotics Demand Share, 2019-2026
13. Middle East & Africa Upper Limb Orthotics 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 Upper Limb Orthotics 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 Upper Limb Orthotics Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Homecare Settings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Upper Limb Orthotics Market Size and Volume Forecast by Type
13.7.1. Dynamic Orthotics
13.7.2. Static Orthotics
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 Upper Limb Orthotics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Upper Limb Orthotics Market: Market Share Analysis
14.2. Upper Limb Orthotics Distributors and Customers
14.3. Upper Limb Orthotics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hanger Clinic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Comprehensive Prosthetics and Orthotics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Essex Orthopaedics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DJO Global
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ottobock
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DeRoyal Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thuasne
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nakamura Brace
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SCHECK and SIRESS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BSN Medical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aspen Medical Products
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Becker Orthopedic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xi'an Hai Hong Prosthetic and Orthosis
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
