Orthotic Devices Orthotic Splints and Orthopedic Braces and Support Market
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Global <strong>Orthotic</strong> <strong>Devices</strong><br />
<strong>Orthotic</strong> <strong>Splints</strong> <strong>and</strong><br />
<strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong><br />
<strong>Support</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
2015-2025<br />
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Report Description<br />
<strong>Orthotic</strong> can be defined as the support, brace, or splint used to support, prevent, align, or<br />
to correct the functioning of movable body parts such as neck, shoulder, wrist, knee <strong>and</strong><br />
etc.<br />
These devices are used to change the functioning <strong>and</strong> structural features of the<br />
neuromuscular <strong>and</strong> skeletal system. The medical field which deals with the design <strong>and</strong><br />
manufacturing of these devices is known as <strong>Orthotic</strong>s.<br />
The orthotic devices are mainly used to overcome from the traumatic injury, congenital<br />
condition or disabling illness. This devices helps the individuals with cerebral palsy,<br />
multiple sclerosis, muscular dystrophy, spina bifida <strong>and</strong> scoliosis, <strong>and</strong> also for those who<br />
are suffering from spinal cord injuries or amputations.<br />
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<strong>Orthotic</strong> <strong>Devices</strong> - <strong>Orthotic</strong> <strong>Splints</strong> <strong>and</strong> <strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong> <strong>Support</strong> <strong>Market</strong>: Drivers<br />
<strong>and</strong> Restraints<br />
Presently, orthotic devices global market is driven by the aging population, increasing in<br />
the number of incidence of disabilities, growing rate of chronic <strong>and</strong> lifestyle disease.<br />
<strong>Orthotic</strong> <strong>Devices</strong> market is driven by the aging population around the globe, increased<br />
focus on improving quality of life, rapid innovations in production <strong>and</strong> modeling<br />
technologies, growing awareness towards orthopedic ailments <strong>and</strong> rise in sports injuries.
Report Description<br />
However, growing healthcare budget, poor healthcare reimbursement <strong>and</strong> payment<br />
models, <strong>and</strong> consolidation of market leaders act as a major barrier for the growth of this<br />
market.<br />
<strong>Orthotic</strong> <strong>Devices</strong> - <strong>Orthotic</strong> <strong>Splints</strong> <strong>and</strong> <strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong> <strong>Support</strong> <strong>Market</strong>:<br />
Segmentation<br />
<strong>Orthotic</strong> devices market is segmented into following types:<br />
• <strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Upper Extremity <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Shoulder <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Neck <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Elbow <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Wrist <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Spinal <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Low Extremity <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Knee <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Ankle <strong>Braces</strong> <strong>and</strong> <strong>Support</strong><br />
• Hip <strong>Braces</strong> <strong>and</strong> <strong>Support</strong>
Report Description<br />
<strong>Orthotic</strong> <strong>Splints</strong><br />
• Upper Extremist <strong>Splints</strong><br />
• Lower Extremist <strong>Splints</strong><br />
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<strong>Orthotic</strong> <strong>Devices</strong> - <strong>Orthotic</strong> <strong>Splints</strong> <strong>and</strong> <strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong> <strong>Support</strong> <strong>Market</strong>:<br />
Overview<br />
With rapid innovations in production <strong>and</strong> modeling technologies <strong>and</strong> growing awareness<br />
towards orthopedic ailments <strong>and</strong> rise in sports injuries. The global <strong>Orthotic</strong> devices<br />
market is expected to have a healthy growth rate in the forecast period (2012-2025).<br />
<strong>Orthotic</strong> <strong>Devices</strong> - <strong>Orthotic</strong> <strong>Splints</strong> <strong>and</strong> <strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong> <strong>Support</strong> <strong>Market</strong>: Region-<br />
Wise outlook<br />
Depending on geographic regions, global orthotic devices/orthotic splints <strong>and</strong> braces<br />
market is segmented into seven key regions: North America, South America, Eastern<br />
Europe, Western Europe, Asia Pacific, Japan, <strong>and</strong> Middle East & Africa.<br />
North America held largest share in the global orthotic devices market followed by<br />
Europe <strong>and</strong> Asia Pacific. The developing nations in Asia pacific, Middle East <strong>and</strong> Africa<br />
hold huge potential for growth in the global orthotic device market, owing to developing<br />
economies <strong>and</strong> technological advances
Report Description<br />
<strong>Orthotic</strong> <strong>Devices</strong> - <strong>Orthotic</strong> <strong>Splints</strong> <strong>and</strong> <strong>Orthopedic</strong> <strong>Braces</strong> <strong>and</strong> <strong>Support</strong> <strong>Market</strong>: Key<br />
Players<br />
Some of the key participating players in the orthotic devices global market are DeRoyal<br />
Industries, Otto Bock Holding GmbH& Co., Bauerfeind AG, DJO Inc. <strong>and</strong> others.<br />
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