Market Analysis and Insights: Global Orthopedic Orthotics Market
Orthopedic Orthotics is a specialty within the medical field concerned with the design, manufacture and application of Orthotics. It is an externally applied device used to modify the structural and functional characteristics of the neuromuscular and skeletal system.
Orthopedic Orthotics is made from various types of materials including thermoplastics, carbon fiber, metals, and elastic, EVA, fabric or a combination of similar materials.
Due to the COVID-19 pandemic, the global Orthopedic Orthotics market size is estimated to be worth US$ 3179.6 million in 2022 and is forecast to a readjusted size of US$ 4677.1 million by 2029 with a CAGR of 5.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Upper-Limb Orthoses accounting for % of the Orthopedic Orthotics global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Functional Recovery segment is altered to an % CAGR throughout this forecast period.
The classification of Orthopedic Orthotics includes Upper-limb Orthoses, Lower-limb Orthoses and Spinal Orthoses. With high chance of injury in lower-limb, lower-limb orthotics occupies more than 60% market share, and the proportion of upper-limb orthoses is about 20.7%. There are many manufacturers with small scale in China. The market is chaos and a market adjustment is expected in the future, and this phenomenon also appears in other developing countries
Global Orthopedic Orthotics Scope and Market Size
The global Orthopedic Orthotics market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Orthopedic Orthotics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Upper-Limb Orthoses
Lower-Limb Orthoses
Spinal Orthoses
Segment by Application
Functional Recovery
Deformity
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
DJO Global
Ottobock
Ossur
DeRoyal Industries
Medi
Breg
Thuasne
ORTEC
Aspen
Adhenor
Rcai
Huici Medical
Nakamura Brace
CSJBJZ
WuHan JiShi
Orthopedic Orthotics is a specialty within the medical field concerned with the design, manufacture and application of Orthotics. It is an externally applied device used to modify the structural and functional characteristics of the neuromuscular and skeletal system.
Orthopedic Orthotics is made from various types of materials including thermoplastics, carbon fiber, metals, and elastic, EVA, fabric or a combination of similar materials.
Due to the COVID-19 pandemic, the global Orthopedic Orthotics market size is estimated to be worth US$ 3179.6 million in 2022 and is forecast to a readjusted size of US$ 4677.1 million by 2029 with a CAGR of 5.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Upper-Limb Orthoses accounting for % of the Orthopedic Orthotics global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Functional Recovery segment is altered to an % CAGR throughout this forecast period.
The classification of Orthopedic Orthotics includes Upper-limb Orthoses, Lower-limb Orthoses and Spinal Orthoses. With high chance of injury in lower-limb, lower-limb orthotics occupies more than 60% market share, and the proportion of upper-limb orthoses is about 20.7%. There are many manufacturers with small scale in China. The market is chaos and a market adjustment is expected in the future, and this phenomenon also appears in other developing countries
Global Orthopedic Orthotics Scope and Market Size
The global Orthopedic Orthotics market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Orthopedic Orthotics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Upper-Limb Orthoses
Lower-Limb Orthoses
Spinal Orthoses
Segment by Application
Functional Recovery
Deformity
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
DJO Global
Ottobock
Ossur
DeRoyal Industries
Medi
Breg
Thuasne
ORTEC
Aspen
Adhenor
Rcai
Huici Medical
Nakamura Brace
CSJBJZ
WuHan JiShi
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.