Global Orthopedic Braces And Support Devices And Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Lower Extremity Braces, Upper Extremity Braces, Back and Hip Braces, and Other Braces.

By End Use;

Hospitals , Home Healthcare, Clinics, and Other End-Users.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn598437443 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Orthopedic Braces And Support Devices And Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Orthopedic Braces And Support Devices And Equipment Market was valued at USD 3,759.15 million. The size of this market is expected to increase to USD 5,422.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The global orthopedic braces and support devices and equipment market is experiencing robust growth driven by several factors. One major factor is the increasing prevalence of musculoskeletal disorders such as osteoarthritis, rheumatoid arthritis, and sports injuries. These conditions are becoming more common due to factors like aging populations, sedentary lifestyles, and rising participation in sports and physical activities. As a result, there is a growing demand for orthopedic braces and support devices to provide stability, pain relief, and rehabilitation support to individuals affected by these conditions, thus driving market growth.

Technological advancements in orthopedic braces and support devices are also contributing to market expansion. Innovations such as 3D printing, smart materials, and wearable technology are enhancing the design, comfort, and functionality of these products. Manufacturers are developing braces and support devices that offer customizable fit, adjustable compression, and real-time monitoring capabilities, thereby improving patient outcomes and satisfaction. Additionally, the integration of digital health technologies such as mobile apps and remote monitoring systems is enabling better patient engagement and care management, further driving the adoption of orthopedic braces and support equipment.

Moreover, favorable demographic trends such as the aging population and increasing healthcare expenditure are creating opportunities for market growth. As the elderly population grows, the incidence of orthopedic conditions such as osteoarthritis and fractures is expected to rise, leading to higher demand for orthopedic braces and support devices. Furthermore, rising healthcare spending, particularly in developing regions, is enabling greater access to advanced orthopedic care and treatment options, including orthopedic braces and support equipment. Overall, with the convergence of technological innovation, demographic shifts, and increasing healthcare investment, the global orthopedic braces and support devices and equipment market is poised for continued growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Orthopedic Braces And Support Devices And Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population increasing orthopedic conditions.
        2. Technological advancements enhancing product efficacy.
        3. Rising participation in sports
      2. Restraints
        1. High cost associated with advanced devices.
        2. Limited reimbursement coverage in some regions.
        3. Concerns regarding discomfort
      3. Opportunities
        1. Growing demand in emerging markets.
        2. Integration of digital health technologies.
        3. Expansion of product portfolios
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Orthopedic Braces And Support Devices And Equipment Market, By Type, 2021 - 2031 (USD Million)
      1. Lower Extremity Braces
      2. Upper Extremity Braces
      3. Back and Hip Braces
      4. Other Braces
    2. Global Orthopedic Braces And Support Devices And Equipment Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Home Healthcare
      3. Clinics
      4. Other End-Use
    3. Global Orthopedic Braces And Support Devices And Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Össur hf
      2. DJO Global
      3. Bauerfeind AG
      4. Breg, Inc.
      5. DeRoyal Industries, Inc.
      6. 3M Company
      7. BSN medical GmbH (now part of Essity)
      8. Zimmer Biomet Holdings, Inc.
      9. Bird & Cronin, Inc.
      10. medi GmbH & Co. KG
  7. Analyst Views
  8. Future Outlook of the Market