North America Orthopedic Braces and Supports Market By Product (Knee Braces & supports, Foot & Ankle Braces and Supports, Spinal Orthoses, Upper Extremity Braces and Supports, Leg Walkers), By End-User (Orthopedic Clinics and Hospitals), By Country (U.S., Canada Mexico) – Trends and Forecast to 2024
The North America Orthopedic Braces and Supports Market accounted for USD 1.6 billion in 2015 and is expected to reach USD 2.2 billion by 2022, growing at a CAGR of 4.7% during the forecast period of 2016 to 2022. The report includes the market value, volume and average selling price of orthopedic braces and supports market.
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The North America orthopedic braces and supports market is segmented into type knee braces and supports, foot and ankle braces and supports, spinal orthoses, upper extremity braces and supports and Leg walkers, and by end-user hospitals, orthopedic clinics and others.
The knee braces and supports market is segmented into 4 product types knee support, knee braces for osteoarthritis, knee braces for ligament injury and post-operative knee braces. Knee support holds a lion’s share of 57.8% of the knee braces and supports market in 2015, accounting to USD 649.9 million in 2015 growing at a CAGR of 4.1% during the forecast period 2016 to 2022.
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Based on country, the market is segmented into 3 regions:
Based on geography the market is segmented into 3 countries, U.S., Canada and Mexico. U.S. is expected to dominate the market due to the rising need to decrease healthcare expenditure which is forming the major share of the market.
Some of the major players operating in this market are
- DJO Global
- Ossur Corporate
- Bauerfeind AG
- Breg, Inc.
- BSN Medical GmbH
- DeRoyal Industries, Inc.
- Otto Bock Healthcare GmbH
- Alcare Company Ltd.
- Oppo Medical
- DJO Global dominate
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