India Orthopedic Braces and Support Casting and Splints Market Analysis
Orthopedic braces are mainly made of unbending materials, for example, hard plastics and delicate items, which include closely knit textures designed to repress the movement of a joint. Braces are orthopedic items designed to relieve torment in the upper and lower extremity of the body. These likewise help in recovering from injuries and improve day-to-day existence. Casts as a support to join and protect the ligaments, broken bones, and tendons. Projects and splints provide immobilization to the area, where the bones are broken and keep up with muscle action and bone recovery.
Increasing cases of accidents and developing prevalence of orthopedic diseases are expected to drive the market development over the forecast period
Rising cases of accidents are expected to drive the development of the India orthopedic braces and support, casting and splints market. For instance, NIC reports that India recorded around 467,044 street accidents in 2018.
Furthermore, the increasing prevalence of orthopedic diseases is fueling the demand for orthopedic braces and support, casting, and splints. This will, thus, drive the development of the India orthopedic braces and support, casting and splints market. For instance, as per the National Institute of Health and Family Welfare (NIHFW), by the Ministry of Health and Family Welfare (MoHFW), Government of India information, osteoarthritis is the second most normal rheumatologic problem and it is the most frequent joint disease with a prevalence of 22% to 39% in India in 2018.
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The increasing prevalence of health issues such as obesity that results to orthopedic disorders is expected to drive the market development
Developing prevalence of obesity and related lifestyle disorders like cardiovascular diseases, diabetes, etc. is likewise the central point responsible for the development of the India orthopedic braces and support, casting, and splints market during the forecast period. For instance, as per one article published in The British Medical Journal, more than 135 million Indians are affected by obesity in 2018. Obese people are at a higher gamble of orthopedic and musculoskeletal injuries as well as diabetes. These patients are at a higher gamble for disorders, hence fueling the development of the India orthopedic braces and support, casting and splints market.
India Orthopedic Braces & Support, Casting and Splints Market – Impact of Coronavirus (Covid-19) Pandemic
Since the COVID-19 infection outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it a general health emergency. As indicated by the WHO’s report, the manifestation of Covid disease (COVID-19) has resulted in over 68.1 million infected people worldwide as of December 10, 2020. Moreover, as per Ministry of Health and Family Welfare, Government of India information, absolute 352,586 active COVID-19 cases were seen as of December 14, 2020. The inventory network of orthopedic braces and supports, casting, and splints have witnessed several restraints due to severe lockdown, and calculated limitation due to traveling hindrance. Quarantines travel requirements, and social removal measures are likely to lead to a steep decline in business and consumer spending for the rest of the second last quarter of 2020.
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India Orthopedic Braces & Support, Casting and Splints Market – Restraint
Varieties in reimbursement scenarios in different regions like public and private player’s guidelines, and significant expenses associated with fiber material are some of the central points as most would consider being normal to restrain the market development.
Key Players
Key players operating in the India orthopedic braces and support, casting and splints market include Orthosys, United Medicare, Tynor Orthotics Pvt Ltd., Prime Medical Inc., Becker Orthopedic, Remington Products Company, Medi GmbH & Co. KG, Ottobock Holding GmbH & Co. KG, Stryker Corporation, Össur Corporate, DJO, LLC, Zimmer Biomet Holdings, Inc., BSN medical, and 3M.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Technological Advancements
- Recent Product Launch/Approvals
- Regulatory Scenario
- PEST Analysis
- Mergers, Acquisitions, and Partnerships
- Epidemiology
- Market Dynamics
- India Orthopedic Braces & Support, Casting & Splints Market – Impact of Coronavirus (Covid-19) Pandemic
- Economic Impact
- Supply and Demand Analysis
- Research and Development
- Government Initiatives
- India Orthopedic Braces & Support, Casting & Splints Market, By Type, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Orthopedic Braces & Supports
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Upper Extremity Braces and Support
- Low Extremity Braces and Support
- Casting Supplies & Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Splinting Supplies & Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- India Orthopedic Braces & Support, Casting & Splints Market, By Distribution Channel, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Orthopedic Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- OTC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- E-commerce
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
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