United States (USA) Orthopedic Braces & Supports Market Overview, 2028
In the United States, the increasing prevalence of orthopedics diseases and disorders, continuous product commercialization, greater product affordability and market availability, rising number of ... もっと見る
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SummaryIn the United States, the increasing prevalence of orthopedics diseases and disorders, continuous product commercialization, greater product affordability and market availability, rising number of sports and accident-related injuries, and growing public awareness of preventive care are driving growth in the orthopedic braces and supports market. Furthermore, the rising prevalence of obesity and related lifestyle disorders is expected to increase the incidence of orthopedics diseases and disorders in the coming years, as obese people are at a higher risk of orthopedic and musculoskeletal injuries, as well as diabetes. Orthopedic braces and supports have several advantages over conventional products, including lower cost, higher efficacy, greater patient comfort, and ease of use. As a result of these advantages, key players are increasing their efforts to develop specialized products for the treatment of various orthopedic diseases, as well as to address unmet market needs. Furthermore, patient preference for orthopedic braces is increasing in both developed and emerging markets, owing to their low cost and eases of market access. Sports and other physical activities frequently result in musculoskeletal injuries like sprains, ligament tears, and fractures. As a result, the growing public participation in such activities contributes to the prevalence of these conditions. Orthopedic braces and supports are becoming a more effective clinical alternative to orthopedics surgery for conditions such as rheumatoid arthritis, osteoporosis, gout, and fractures. Various public-private sports organizations and medical professionals are undertaking initiatives to spread public awareness related to the clinical management of orthopedic injuries, such as conferences, workshops, and symposiums.According to the research report "united States Orthopedic Braces & Supports Market Overview, 2028," published by Bonafide Research, the United States orthopedic braces and supports market is expected to add USD 321.67 Billion by 2028. Patients are increasingly seeking customized orthopaedic braces and supports that provide a more precise fit and better comfort than off-the-shelf options. Advances in technology, such as 3D printing and virtual reality, are making it easier and more cost-effective to create custom devices. Furthermore, smart braces and wearables that use sensors and other advanced technologies to monitor and improve joint function are gaining popularity in the United States. These devices can provide real-time feedback on a patient's movements and help improve rehabilitation outcomes. Moreover, patients and healthcare providers are placing greater importance on sustainability in the orthopaedic braces and support market. Manufacturers are responding by using eco-friendly materials and designing devices that are more easily recyclable or biodegradable. In addition, manufacturers in the orthopaedic braces and supports market are investing more in research and development (R&D) to develop new and innovative products that address unmet patient needs. This includes developing new materials, exploring new designs, and incorporating advanced technologies. The knee braces and supports segment is the largest in the orthopedics market in the United States. The growth of this segment is being driven by the increasing prevalence of knee injuries, such as ACL tears and meniscus tears, as well as the rising demand for non-surgical treatment options. Additionally, technological advancements in materials and designs are further driving growth in this segment. Furthermore, knee braces and supports offer a non-surgical treatment option for knee injuries and conditions, which is attractive to many patients. They can help stabilize the knee joint, reduce pain and inflammation, and improve overall knee function without the need for invasive procedures. Moreover, as the population in the United States ages, there is a higher incidence of degenerative knee conditions such as osteoarthritis, which can benefit from knee braces and supports. This trend is expected to continue in the coming years, further driving growth in the knee braces and supports segment. In the United States, many patients are not aware of the full range of orthopaedic braces and supports available to them, nor are they educated on how to use them properly. This can lead to patients not receiving the optimal treatment for their specific condition. Furthermore, healthcare providers may not be fully aware of the latest developments and advances in orthopaedic braces and supports, which can limit their ability to offer the best treatment options to their patients. Moreover, there is no standardized approach to prescribing and using orthopaedic braces and supports, which can lead to confusion and inconsistency in treatment. In addition, while there have been many advancements in the field of orthopaedic braces and supports in recent years, there is still much to be discovered. Limited research and development (R&D) can limit the availability of new and innovative treatment options. Hospitals and surgical centres typically purchase orthopaedic braces and supports in bulk from manufacturers and suppliers and then dispense them to patients as needed. This distribution channel is expected to hold the largest market share due to the high volume of patients treated in hospital settings. Furthermore, there are many hospitals and surgical centres in the United States that provide orthopaedic care and offer orthopaedic braces and supports to their patients. For instance, the Hospital for Special Surgery, Mayo Clinic, Cleveland Clinic, Rothman Orthopaedic Institute, Stanford Health Care, Brigham and Women's Hospital, and New England Baptist Hospital In addition, the growth of e-commerce has led to the emergence of online retailers that specialize in orthopaedic braces and supports. These retailers offer a wide range of devices at competitive prices and may also provide advice and assistance to patients in selecting the appropriate device. This distribution channel is expected to grow rapidly due to the convenience and accessibility of online shopping. Furthermore, some e-commerce platforms that offer a wide range of orthopaedic braces and supports in the United States, like Amazon, Walgreens, CVS, Walmart, Health Products For You, BetterBraces, OrthoBracing, BraceAbility, MyMedic, MMAR Medical, and more, In the United States, hospitals and surgical centres are subject to numerous government regulations at the federal, state, and local levels. For instance, the Occupational Safety and Health Administration (OSHA) regulations set standards for workplace safety, including standards for hospitals and surgical centres. These standards cover issues such as exposure to blood borne pathogens, hazardous materials, and ergonomic hazards. Furthermore, the Americans with Disabilities Act (ADA) prohibit discrimination against individuals with disabilities and require hospitals and surgical centres to provide reasonable accommodations to patients with disabilities. Moreover, the Joint Commission is an independent, non-profit organization that accredits hospitals and surgical centres based on their compliance with certain standards. These standards cover a wide range of issues, including patient care, infection control, and medication management. In addition, the Centres for Medicare and Medicaid Services (CMS) regulations set standards for hospitals and surgical centres that participate in Medicare and Medicaid programmes. These standards cover a wide range of issues, including patient rights, infection control, emergency preparedness, and quality of care. Considered in this report • Geography: United States • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • United States Orthopedic Braces & 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 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 listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report 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 conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Orthopedic Braces & 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. Keywords: United States, 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, Soft & Elastic Braces and Supports, Hard Braces and Supports, Hinged Braces and Supports, Preventive Care, Ligament Injury, Post-operative Rehabilitation, Osteoarthritis, Compression Therapy, Hospitals and Surgical Centres, Orthopedic Clinics, Pharmacies & Retailers, E-commerce platforms. 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. United States 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. United States 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. United States Orthopedic Braces & Supports Market Segmentations 7.1. United States Orthopedic Braces & Supports Market, By Product 7.1.1. United States Orthopedic Braces & Supports Market Size, By Knee Braces and Supports, 2017-2028 7.1.2. United States Orthopedic Braces & Supports Market Size, By Ankle Braces and Supports, 2017-2028 7.1.3. United States Orthopedic Braces & Supports Market Size, By Foot Walkers and Orthoses, 2017-2028 7.1.4. United States Orthopedic Braces & Supports Market Size, By Hip, Back, And Spine Braces and Supports, 2017-2028 7.1.5. United States Orthopedic Braces & Supports Market Size, By Shoulder Braces and Supports, 2017-2028 7.1.6. United States Orthopedic Braces & Supports Market Size, By Elbow Braces and Supports, 2017-2028 7.1.7. United States Orthopedic Braces & Supports Market Size, By Hand & Wrist Braces and Supports, 2017-2028 7.1.8. United States Orthopedic Braces & Supports Market Size, By Facial Braces and Supports, 2017-2028 7.2. United States Orthopedic Braces & Supports Market, By Distribution Channel 7.2.1. United States Orthopedic Braces & Supports Market Size, By Hospitals and Surgical Centres, 2017-2028 7.2.2. United States Orthopedic Braces & Supports Market Size, By Orthopedic Clinics, 2017-2028 7.2.3. United States Orthopedic Braces & Supports Market Size, By Pharmacies & Retailers, 2017-2028 7.2.4. United States Orthopedic Braces & Supports Market Size, By E-commerce platforms, 2017-2028 7.2.5. United States Orthopedic Braces & Supports Market Size, By Other End Users, 2017-2028 8. United States 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: United States 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 United States Orthopedic Braces & Supports Market List of Table Table 1 : Influencing Factors for Global Orthopedic Braces & Supports Market, 2022 Table 2: United States Orthopedic Braces & Supports Market Size and Forecast By Product (2017, 2022 & 2028F) Table 3: United States Orthopedic Braces & Supports Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 4: United States Orthopedic Braces & Supports Market Size of Knee Braces and Supports (2017 to 2028) in USD Million Table 5: United States Orthopedic Braces & Supports Market Size of Ankle Braces and Supports (2017 to 2028) in USD Million Table 6: United States Orthopedic Braces & Supports Market Size of Foot Walkers and Orthoses (2017 to 2028) in USD Million Table 7: United States Orthopedic Braces & Supports Market Size of Hip, Back, And Spine Braces and Supports (2017 to 2028) in USD Million Table 8: United States Orthopedic Braces & Supports Market Size of Shoulder Braces and Supports (2017 to 2028) in USD Million Table 9: United States Orthopedic Braces & Supports Market Size of Elbow Braces and Supports (2017 to 2028) in USD Million Table 10: United States Orthopedic Braces & Supports Market Size of Hand & Wrist Braces and Supports (2017 to 2028) in USD Million Table 11: United States Orthopedic Braces & Supports Market Size of Facial Braces and Supports (2017 to 2028) in USD Million Table 12: United States Orthopedic Braces & Supports Market Size of Hospitals and Surgical Centres (2017 to 2028) in USD Million Table 13: United States Orthopedic Braces & Supports Market Size of Orthopedic Clinics (2017 to 2028) in USD Million Table 14: United States Orthopedic Braces & Supports Market Size of Pharmacies & Retailers (2017 to 2028) in USD Million Table 15: United States Orthopedic Braces & Supports Market Size of E-commerce platforms (2017 to 2028) in USD Million Table 16: United States Orthopedic Braces & Supports Market Size of Other End Users (2017 to 2028) in USD Million
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