Italy Orthopedic Braces & Supports Market Overview, 2028
The orthopedic braces and support market in Italy is a growing industry. Orthopedic braces and supports are devices that provide external support to the musculoskeletal system, and are used to alle... もっと見る
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SummaryThe orthopedic braces and support market in Italy is a growing industry. Orthopedic braces and supports are devices that provide external support to the musculoskeletal system, and are used to alleviate pain and discomfort caused by a variety of conditions. These devices can be used to support injured or weakened joints, improve posture, and prevent or correct deformities. Italy has an aging population, with a large number of people over the age of 65. With age, people are more likely to develop orthopedic conditions such as arthritis, which require the use of orthopedic braces and supports. This demographic trend is expected to increase demand for these devices in the coming years. There is a strong emphasis on the quality of orthopedic braces and supports in Italy. Patients expect high-quality devices that are durable, effective, and comfortable. This has led to the development of advanced orthopedic technologies and materials to meet these demands. Furthermore, orthopedic braces and supports are often customized to fit the specific needs of individual patients. This is done to ensure maximum effectiveness and comfort. In Addition There is a strong culture of collaboration between healthcare professionals involved in the treatment of patients with orthopedic conditions. Orthopedic surgeons, physiotherapists, and orthopedic brace manufacturers work together to ensure the best possible outcomes for patients. Patients are educated on the proper use and care of orthopedic braces and supports. This helps them to achieve the best possible outcomes from their treatment and ensures the longevity of their devices.According to the research report "Italy Orthopedic Braces and Supports Market Overview 2028," published by Bonafide Research, The Italy orthopedic braces and supports market is expected to add more than USD 50 Million from 2023 to 2028. The healthcare industry contributes significantly to the orthopaedic braces and supports market in Italy. The key distribution outlets for these devices are hospitals, clinics, and healthcare professionals. The sports industry also contributes significantly to the orthopaedic braces and supports market in Italy. These devices are frequently used by athletes and sports fans to support injured joints and avoid further injury. Knee braces are one of the most commonly used types of orthopedic braces in Italy. They are used to support the knee joint and provide stability, particularly for patients with arthritis, ligament injuries, or other knee-related conditions. There is a growing trend towards orthopedic braces and supports that are aesthetically pleasing and do not draw attention to the wearer's condition. Manufacturers are responding to this trend by developing devices that are more discreet and stylish. Patients in Italy may have preferences for the type of material used in their orthopedic braces and supports. For example, some patients may prefer materials that are lightweight, breathable, or hypoallergenic. Overall, customization is an important trend in the orthopedic braces and supports market in Italy, as patients seek devices that are tailored to their specific needs and preferences. Manufacturers are responding to this trend by offering a range of customization options, including material selection, size and fit, adjustability, color and design, and functionality. The Italian government provides reimbursement for orthopedic braces and supports through the National Health Service (SSN). Patients with a valid prescription from a physician can receive reimbursement for the cost of their device, up to a certain amount. The Italian government provides funding for research and development in the medical device industry, including the development of new orthopedic braces and supports. This funding can come from a variety of sources, including the Ministry of Health, the National Research Council (CNR), and the Italian Trade Agency. Furthermore, The Italian government promotes the orthopedic braces and supports industry through trade missions, exhibitions, and other events. These initiatives are designed to showcase Italian-made products and to help manufacturers establish connections with potential buyers and distributors around the world. According to the report, the market is segmented into, 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. Among Knee braces and supports is dominating the market with highest market share. Technology advancements have enabled the creation of knee braces and supports that are more comfortable, effective, and adaptable than ever before. New materials, such as lightweight and breathable textiles, have improved the comfort of braces and supports, while creative design features, including adjustable straps and hinges, have made them more versatile and adaptive to diverse knee ailments. Osteoarthritis is a common condition that affects millions of people in Italy. Knee braces and supports can help to reduce pain and inflammation associated with knee osteoarthritis by providing compression, support, and alignment to the knee joint. This makes them an attractive treatment option for people with this condition. There are several events organized in Italy that focus on orthopedic braces and supports, including trade shows, conferences, and exhibitions. Expomedica: This is an annual trade show held in Turin, Italy, that focuses on medical devices and equipment, including orthopedic braces and supports. The event features exhibitors from around the world, as well as workshops and seminars on the latest trends and technologies in the industry. ISPO Italy: The International Society of Prosthetics and Orthotics (ISPO) hold a conference in Italy every two years. The event focuses on the latest developments in prosthetics and orthotics, including orthopedic braces and supports. The conference features presentations, workshops, and networking opportunities for professionals in the field. Italian Orthopedic Society Congress: This annual event brings together orthopedic surgeons, researchers, and healthcare professionals from around Italy to discuss the latest advances in orthopedic care, including the use of orthopedic braces and supports. The event includes presentations, workshops, and networking opportunities. Based on distribution Channel, the market is segmented into Hospitals and Surgical Centres, Orthopedic Clinics, Pharmacies & Retailers, E-commerce platforms, Other End Users (physiotherapy centers, government regulatory organizations, academic institutes, and CROs, among others). The Hospitals and surgical have the highest market share in market and is dominating the market as well. Orthopedic braces and supports may be covered by health insurance policies, and hospitals and surgical centers have established relationships with insurance providers. This can make it easier for patients to obtain coverage for these products. Hospitals and surgical centers have access to a large number of patients who require orthopedic braces and supports, including those with acute injuries, post-surgery patients, and patients with chronic conditions such as osteoarthritis. This large patient pool makes hospitals and surgical centers prime locations for patients to receive orthopedic braces and supports. Some of the main hospitlas and surgical centers that distributes orthopedic braces and supports in Italy are Policlinico San Matteo, Pavia, Istituto Ortopedico Rizzoli, Bologna, Ospedale Maggiore, Milan, IRCCS Galeazzi Orthopedic Institute, Milan, San Carlo Borromeo Hospital, Milan, Humanitas Gavazzeni Hospital, Bergamo Considered in this report • Geography: Italy • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Italy Orthopedic Braces and Supports market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation 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 Distribution Channel • Hospitals and Surgical Centres • Orthopedic Clinics • Pharmacies & Retailers • E-commerce platforms • Other End Users (physiotherapy centers, government regulatory organizations, academic institutes, and CROs, among others) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Orthopedic Braces and Supports industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. Italy Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. Italy Orthopedic Braces & Supports Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Product 6.3. Market Size and Forecast By Distribution Channel 7. Italy Orthopedic Braces & Supports Market Segmentations 7.1. Italy Orthopedic Braces & Supports Market, By Product 7.1.1. Italy Orthopedic Braces & Supports Market Size, By Knee Braces and Supports, 2017-2028 7.1.2. Italy Orthopedic Braces & Supports Market Size, By Ankle Braces and Supports, 2017-2028 7.1.3. Italy Orthopedic Braces & Supports Market Size, By Foot Walkers and Orthoses, 2017-2028 7.1.4. Italy Orthopedic Braces & Supports Market Size, By Hip, Back, And Spine Braces and Supports, 2017-2028 7.1.5. Italy Orthopedic Braces & Supports Market Size, By Shoulder Braces and Supports, 2017-2028 7.1.6. Italy Orthopedic Braces & Supports Market Size, By Elbow Braces and Supports, 2017-2028 7.1.7. Italy Orthopedic Braces & Supports Market Size, By Hand & Wrist Braces and Supports, 2017-2028 7.1.8. Italy Orthopedic Braces & Supports Market Size, By Facial Braces and Supports, 2017-2028 7.2. Italy Orthopedic Braces & Supports Market, By Distribution Channel 7.2.1. Italy Orthopedic Braces & Supports Market Size, By Hospitals and Surgical Centres, 2017-2028 7.2.2. Italy Orthopedic Braces & Supports Market Size, By Orthopedic Clinics, 2017-2028 7.2.3. Italy Orthopedic Braces & Supports Market Size, By Pharmacies & Retailers, 2017-2028 7.2.4. Italy Orthopedic Braces & Supports Market Size, By E-commerce platforms, 2017-2028 7.2.5. Italy Orthopedic Braces & Supports Market Size, By Other End Users, 2017-2028 8. Italy Orthopedic Braces & Supports Market Opportunity Assessment 8.1. By Product, 2023 to 2028 8.2. By Distribution Channel, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.1.1. Company Snapshot 9.2.1.2. Company Overview 9.2.1.3. Financial Highlights 9.2.1.4. Geographic Insights 9.2.1.5. Business Segment & Performance 9.2.1.6. Product Portfolio 9.2.1.7. Key Executives 9.2.1.8. Strategic Moves & Developments 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: Italy Orthopedic Braces & Supports Market Size By Value (2017, 2022 & 2028F) (in USD Million) Figure 2: Market Attractiveness Index, By Product Figure 3: Market Attractiveness Index, By Distribution Channel Figure 4: Porter's Five Forces of Italy Orthopedic Braces & Supports Market List of Table Table 1 : Influencing Factors for Global Orthopedic Braces & Supports Market, 2022 Table 2: Italy Orthopedic Braces & Supports Market Size and Forecast By Product (2017, 2022 & 2028F) Table 3: Italy Orthopedic Braces & Supports Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 4: Italy Orthopedic Braces & Supports Market Size of Knee Braces and Supports (2017 to 2028) in USD Million Table 5: Italy Orthopedic Braces & Supports Market Size of Ankle Braces and Supports (2017 to 2028) in USD Million Table 6: Italy Orthopedic Braces & Supports Market Size of Foot Walkers and Orthoses (2017 to 2028) in USD Million Table 7: Italy Orthopedic Braces & Supports Market Size of Hip, Back, And Spine Braces and Supports (2017 to 2028) in USD Million Table 8: Italy Orthopedic Braces & Supports Market Size of Shoulder Braces and Supports (2017 to 2028) in USD Million Table 9: Italy Orthopedic Braces & Supports Market Size of Elbow Braces and Supports (2017 to 2028) in USD Million Table 10: Italy Orthopedic Braces & Supports Market Size of Hand & Wrist Braces and Supports (2017 to 2028) in USD Million Table 11: Italy Orthopedic Braces & Supports Market Size of Facial Braces and Supports (2017 to 2028) in USD Million Table 12: Italy Orthopedic Braces & Supports Market Size of Hospitals and Surgical Centres (2017 to 2028) in USD Million Table 13: Italy Orthopedic Braces & Supports Market Size of Orthopedic Clinics (2017 to 2028) in USD Million Table 14: Italy Orthopedic Braces & Supports Market Size of Pharmacies & Retailers (2017 to 2028) in USD Million Table 15: Italy Orthopedic Braces & Supports Market Size of E-commerce platforms (2017 to 2028) in USD Million Table 16: Italy Orthopedic Braces & Supports Market Size of Other End Users (2017 to 2028) in USD Million
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