{"id":452019,"date":"2019-11-26T18:02:01","date_gmt":"2019-11-26T18:02:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=452019"},"modified":"2019-11-26T18:02:01","modified_gmt":"2019-11-26T18:02:01","slug":"orthopedic-braces-and-supports-market-increase-prevalence-of-orthopedic-diseases-and-disorders-driving-market-growth","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/orthopedic-braces-and-supports-market-increase-prevalence-of-orthopedic-diseases-and-disorders-driving-market-growth_452019.html","title":{"rendered":"Orthopedic Braces and Supports Market: Increase Prevalence of Orthopedic Diseases and Disorders Driving Market Growth"},"content":{"rendered":"
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Breg, Inc. (US), DJO Finance LLC (US), Bauerfeind AG (Germany), DeRoyal Industries, Inc. (US) and \u00d6ssur Hf (Iceland) are the top five players in the global orthopedic braces and supports market.<\/div>\n<\/div>\n<\/div>\n
Increasing Number of Sports-Related Injuries and the Strong Presence of Market Players Have Driven Market Growth in the US<\/div>\n

Growth in the orthopedic braces and supports market is primarily driven by the increasing prevalence of orthopedic diseases & disorders, continuous product commercialization, greater product affordability and market availability, rising number of sports and accident-related injuries, and growing public awareness related to preventive care. <\/p>\n

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What the Market Looks Like?<\/p>\n

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Predicted to grow at a CAGR of 5.7% during the forecast period, the Global Orthopedic Braces and Supports Market<\/strong> is estimated to reach USD 5.5 billion by the end of 2024. North America to dominate the orthopedic braces market during the forecast period<\/p>\n

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The knee braces and supports segment accounted for the largest share of the orthopedic braces and supports market, by product, in 2018. The large share of this segment can be attributed to the several benefits offered by these products, such as medial and lateral support, reduced rotation of the knee, limited injury during motion, and protection from the post-surgical risk of injury.<\/p>\n

The soft & elastic braces and supports segment is expected to grow at the highest CAGR during the forecast period. Growth in this market can primarily be attributed to the growing availability of advanced products, increasing adoption & patient preference for orthopedic braces in post-operative & preventive care, and the supportive reimbursement scenario for target products across mature markets.<\/p>\n

Recent Developments:<\/strong><\/p>\n