Orthopedic Braces and Supports Market (By Product: Knee Braces and Supports, Ankle Braces and Supports, Foot Walkers and Orthoses, Hip, Back, And Spine Braces and Supports, Shoulder Braces and Supports, Elbow Braces and Supports, Hand & Wrist Braces and Supports, Facial Braces and Supports; By Type; By Application; By End User) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global orthopedic braces and supports market size was USD 3.97 billion in 2023, accounted for USD 4.26 billion in 2024, and is expected to reach around USD 8.03 billion by 2033, expanding at a CAGR of 7.3% from 2024 to 2033.
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The U.S. orthopedic braces and supports market size was estimated at USD 1.16 billion in 2023 and is predicted to be worth around USD 2.48 billion by 2033, at a CAGR of 7.9% from 2024 to 2033.
North America accounted revenue share of around 41.75% in 2023. This is due to the presence of key market players and technologically equipped hospitals in the U.S. and Canada. Europe held the second-highest market share after North America. This is owing to the rising aging population and prevalence of chronic disease in this region which in turn is leading to rising in the number of surgeries. According to the Federal Statistical Office, approximately 17.2 million surgeries were done in Germany in the year 2019, with spinal, intestinal, and hip implant surgeries, endoscopic, and others.
Asia-pacific is anticipated to be the fastest growing market during the forecast year. The demand for orthopedic braces and support in this region is rising due to the increasing geriatric and obese population along with the rising prevalence of orthopedic & diabetes-related diseases in this region and increasing healthcare expenditure in countries like India, China, Japan, and others.
The rising prevalence of orthopedic diseases and disorders, continuous commercialization of products, greater affordability of products and easy accessibility in the market, an increasing number of sports & accident-related injuries, and rising consumer awareness about preventive care and others are fueling the growth of orthopedic braces and supports market. Growing sales of online as well as off-the-shelf products, along with the development and promotion initiatives taken by the key market players, are likely to offer immense growth opportunities of growth for the market in terms of value sales.
Additionally, increasing amateur sports and activity levels, a growing geriatric population, and a rising number of elective orthopedic surgeries such as knee replacement and others are likely to propel the demand for high-end products including postoperative bracing solutions and unloader OA bracing products. The rising prevalence of osteoarthritis, the most common orthopedic ailment, is driving up the product demand in the market. It's the most prevalent type of arthritis, and it affects people of all ages.
According to The Centers for Disease Control and Prevention (CDC), about 78 million of U.S. adults above 18 years of age are likely to be diagnosed with arthritis by the year 2040.
The geriatric population is one of the largest contributors in accelerating the demand for orthopedic braces and supports in the market. Bones and connecting tissues, such as ligaments & cartilage, naturally become weak with age. This increases the chance of muscular injury, particularly in the knees and shoulders of the aging population.
The weakening of bones & tissues makes the joint's movement stiff, which risen the demand for braces and supports to enhance mobility. Sprains and tears of the anterior cruciate ligament (ACL) are also common among athletes who participate in high-demand sports including football, gymnastics, soccer, downhill skiing, and basketball. As the pandemic's movement restrictions were removed, incidences resulting from the potential consequence of detraining come out to be a major contributor to ACL injury.
| Report Coverage | Details |
| Market Size in 2023 | USD 3.97 Billion |
| Market Size in 2024 | USD 4.26 Billion |
| Market Size by 2033 | USD 8.03 Billion |
| Growth Rate from 2024 to 2033 | CAGR of 7.3% |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | Product, Type, Application, End User, and Geography |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
By product, the braces & supports segment accounted largest revenue market share in 2023.
Knee braces and supports segment is expected to grow at the highest growth rate from 2024 to 2033 owing to the various benefits provided by the products which include medial & lateral support, minimized rotation of the knee, injury during motion, and protection against the post-surgical risk of injury.
Based on type, the orthopedic braces & supports market is divided into hard braces and supports, hinged braces and supports, and soft & elastic braces and supports. The soft & elastic braces and supports segment is anticipated to witness the highest growth rate during the forecast year. The increasing availability of improved products, increasing adoption & consumer preference for orthopedic braces in post-operative and preventive care, and supportive reimbursement scenario for the target products in the market are contributing towards the growth of the market in terms of value sales.
Based on application, the market is divided into ligament injury, preventive care, osteoarthritis, compression therapy, post-operative rehabilitation, and others. The ligament injury segment accounted for the highest market share in the year 2023. This is mainly attributable to the rising participation of individuals in sports & athletic activities, the rising number of accidents globally, and the increasing availability of medical reimbursement for ligament injuries which has increased the demand for orthopedic braces & supports in the market.
Recent Developments
Segments Covered in the Report
By Product
By Type
By Application
By End-User
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Orthopedic Braces and Supports Market
5.1. COVID-19 Landscape: Orthopedic Braces and Supports Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Orthopedic Braces and Supports Market, By Product
8.1. Orthopedic Braces and Supports Market, by Product, 2024-2033
8.1.1. Knee Braces and Supports
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Ankle Braces and Supports
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Foot Walkers and Orthoses
8.1.3.1. Market Revenue and Forecast (2021-2033)
8.1.4. Hip, Back, And Spine Braces and Supports
8.1.4.1. Market Revenue and Forecast (2021-2033)
8.1.5. Shoulder Braces and Supports
8.1.5.1. Market Revenue and Forecast (2021-2033)
8.1.6. Elbow Braces and Supports
8.1.6.1. Market Revenue and Forecast (2021-2033)
8.1.7. Hand & Wrist Braces and Supports
8.1.7.1. Market Revenue and Forecast (2021-2033)
8.1.8. Facial Braces and Supports
8.1.8.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Orthopedic Braces and Supports Market, By Type
9.1. Orthopedic Braces and Supports Market, by Type, 2024-2033
9.1.1. Soft & Elastic Braces and Supports
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Hard Braces and Supports
9.1.2.1. Market Revenue and Forecast (2021-2033)
9.1.3. Hinged Braces and Supports
9.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Orthopedic Braces and Supports Market, By Application
10.1. Orthopedic Braces and Supports Market, by Application, 2024-2033
10.1.1. Subcutaneous
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. Intramuscular
10.1.2.1. Market Revenue and Forecast (2021-2033)
10.1.3. Preventive Care
10.1.3.1. Market Revenue and Forecast (2021-2033)
10.1.4. Ligament Injury
10.1.4.1. Market Revenue and Forecast (2021-2033)
10.1.5. Post-operative Rehabilitation
10.1.5.1. Market Revenue and Forecast (2021-2033)
10.1.6. Osteoarthritis
10.1.6.1. Market Revenue and Forecast (2021-2033)
10.1.7. Compression Therapy
10.1.7.1. Market Revenue and Forecast (2021-2033)
10.1.8. Other
10.1.8.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global Orthopedic Braces and Supports Market, By End-User
11.1. Orthopedic Braces and Supports Market, by End-User, 2024-2033
11.1.1. Orthopedic Clinics
11.1.1.1. Market Revenue and Forecast (2021-2033)
11.1.2. Over the Counter (OTC)
11.1.2.1. Market Revenue and Forecast (2021-2033)
11.1.3. Hospitals
11.1.3.1. Market Revenue and Forecast (2021-2033)
11.1.4. DME Dealers
11.1.4.1. Market Revenue and Forecast (2021-2033)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2021-2033)
Chapter 12. Global Orthopedic Braces and Supports Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2021-2033)
12.1.2. Market Revenue and Forecast, by Type (2021-2033)
12.1.3. Market Revenue and Forecast, by Application (2021-2033)
12.1.4. Market Revenue and Forecast, by End-User (2021-2033)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2021-2033)
12.1.5.2. Market Revenue and Forecast, by Type (2021-2033)
12.1.5.3. Market Revenue and Forecast, by Application (2021-2033)
12.1.5.4. Market Revenue and Forecast, by End-User (2021-2033)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2021-2033)
12.1.6.2. Market Revenue and Forecast, by Type (2021-2033)
12.1.6.3. Market Revenue and Forecast, by Application (2021-2033)
12.1.6.4. Market Revenue and Forecast, by End-User (2021-2033)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2021-2033)
12.2.2. Market Revenue and Forecast, by Type (2021-2033)
12.2.3. Market Revenue and Forecast, by Application (2021-2033)
12.2.4. Market Revenue and Forecast, by End-User (2021-2033)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2021-2033)
12.2.5.2. Market Revenue and Forecast, by Type (2021-2033)
12.2.5.3. Market Revenue and Forecast, by Application (2021-2033)
12.2.5.4. Market Revenue and Forecast, by End-User (2021-2033)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2021-2033)
12.2.6.2. Market Revenue and Forecast, by Type (2021-2033)
12.2.6.3. Market Revenue and Forecast, by Application (2021-2033)
12.2.6.4. Market Revenue and Forecast, by End-User (2021-2033)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2021-2033)
12.2.7.2. Market Revenue and Forecast, by Type (2021-2033)
12.2.7.3. Market Revenue and Forecast, by Application (2021-2033)
12.2.7.4. Market Revenue and Forecast, by End-User (2021-2033)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2021-2033)
12.2.8.2. Market Revenue and Forecast, by Type (2021-2033)
12.2.8.3. Market Revenue and Forecast, by Application (2021-2033)
12.2.8.4. Market Revenue and Forecast, by End-User (2021-2033)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2021-2033)
12.3.2. Market Revenue and Forecast, by Type (2021-2033)
12.3.3. Market Revenue and Forecast, by Application (2021-2033)
12.3.4. Market Revenue and Forecast, by End-User (2021-2033)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2021-2033)
12.3.5.2. Market Revenue and Forecast, by Type (2021-2033)
12.3.5.3. Market Revenue and Forecast, by Application (2021-2033)
12.3.5.4. Market Revenue and Forecast, by End-User (2021-2033)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2021-2033)
12.3.6.2. Market Revenue and Forecast, by Type (2021-2033)
12.3.6.3. Market Revenue and Forecast, by Application (2021-2033)
12.3.6.4. Market Revenue and Forecast, by End-User (2021-2033)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2021-2033)
12.3.7.2. Market Revenue and Forecast, by Type (2021-2033)
12.3.7.3. Market Revenue and Forecast, by Application (2021-2033)
12.3.7.4. Market Revenue and Forecast, by End-User (2021-2033)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2021-2033)
12.3.8.2. Market Revenue and Forecast, by Type (2021-2033)
12.3.8.3. Market Revenue and Forecast, by Application (2021-2033)
12.3.8.4. Market Revenue and Forecast, by End-User (2021-2033)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2021-2033)
12.4.2. Market Revenue and Forecast, by Type (2021-2033)
12.4.3. Market Revenue and Forecast, by Application (2021-2033)
12.4.4. Market Revenue and Forecast, by End-User (2021-2033)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2021-2033)
12.4.5.2. Market Revenue and Forecast, by Type (2021-2033)
12.4.5.3. Market Revenue and Forecast, by Application (2021-2033)
12.4.5.4. Market Revenue and Forecast, by End-User (2021-2033)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2021-2033)
12.4.6.2. Market Revenue and Forecast, by Type (2021-2033)
12.4.6.3. Market Revenue and Forecast, by Application (2021-2033)
12.4.6.4. Market Revenue and Forecast, by End-User (2021-2033)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2021-2033)
12.4.7.2. Market Revenue and Forecast, by Type (2021-2033)
12.4.7.3. Market Revenue and Forecast, by Application (2021-2033)
12.4.7.4. Market Revenue and Forecast, by End-User (2021-2033)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2021-2033)
12.4.8.2. Market Revenue and Forecast, by Type (2021-2033)
12.4.8.3. Market Revenue and Forecast, by Application (2021-2033)
12.4.8.4. Market Revenue and Forecast, by End-User (2021-2033)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2021-2033)
12.5.2. Market Revenue and Forecast, by Type (2021-2033)
12.5.3. Market Revenue and Forecast, by Application (2021-2033)
12.5.4. Market Revenue and Forecast, by End-User (2021-2033)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2021-2033)
12.5.5.2. Market Revenue and Forecast, by Type (2021-2033)
12.5.5.3. Market Revenue and Forecast, by Application (2021-2033)
12.5.5.4. Market Revenue and Forecast, by End-User (2021-2033)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2021-2033)
12.5.6.2. Market Revenue and Forecast, by Type (2021-2033)
12.5.6.3. Market Revenue and Forecast, by Application (2021-2033)
12.5.6.4. Market Revenue and Forecast, by End-User (2021-2033)
Chapter 13. Company Profiles
13.1. Ossur
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. BREG, Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. DeRoyal Industries, Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Bauerfeind, ALCARE Co., Ltd.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Ottobock
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Fillauer LLC
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Frank Stubbs Company Inc.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. McDavid
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Hely& Weber
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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