North America Orthopedic Braces and Supports Market Value - By Product (Ankle Braces and Supports, Foot Walkers and Orthoses, Hip, Back, and Spine Braces and Supports, Knee Braces and Supports, Shoulder Braces and Supports, Elbow Braces and Supports, Hand/Wrist Braces and Supports, Facial Braces, Supports), By Type (Soft and Elastic Braces, Hinged Braces, Hard Braces), By Application (Preventive Care, Ligament Injury, Post-Operative Rehabilitation, Osteoarthritis, Compression Therapy), By Distribution Channel (Orthopedic Clinics, Retail Pharmacies), and By Industry Analysis, Size, Share & Forecast, 2023 – 2032

MVI Statistics and Viewpoints:

• North America Orthopedic Braces and Supports Market size exceeded USD 2,281.17 Million in 2022. 
• The market is expected to showcase a CAGR of over 6.1% from 2023 to 2032. 
• By the end of the forecast period, the market is anticipated to reach a valuation of around USD 4,134.93 Million.

The market's future holds promising opportunities, driven by factors such as the rising prevalence of musculoskeletal disorders, sports-related injuries, and the adoption of orthopedic solutions for post-operative rehabilitation. Additionally, the integration of smart technologies, such as wearable devices and remote monitoring, is expected to further enhance the effectiveness and usability of orthopedic braces and supports.

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Market Overview:

The North America Orthopaedic Braces and Supports Market is a thriving healthcare segment that offers external devices to support and protect injured or weakened joints and musculoskeletal structures. These orthopaedic braces and supports are critical in improving mobility, reducing pain, and assisting patients with orthopaedic conditions and injuries during the rehabilitation process.

There are numerous braces and supports available on the market, including knee braces, ankle braces, back braces, wrist supports, and shoulder supports, among others. These products are intended to provide stability, compression, and alignment to injured or vulnerable areas, thereby assisting patients in recovering from injuries or managing chronic conditions such as arthritis.

With the rising prevalence of orthopaedic conditions, increased awareness about musculoskeletal health, and technological advancements, the North America Orthopaedic Braces and Supports Market is expected to grow and innovate in the coming years.

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Drivers:

• Orthopaedic Conditions are becoming more common: The prevalence of orthopaedic conditions such as osteoarthritis, sports injuries, fractures, and musculoskeletal disorders is increasing in North America. The ageing population, sedentary lifestyles, and an increasing number of sports enthusiasts all contribute to an increase in the prevalence of orthopaedic issues. As a result, there is a greater demand for orthopaedic braces and supports to help with pain relief, mobility, and rehabilitation.
   
• Technological Progress and Product Innovation: Materials, manufacturing techniques, and design advancements have resulted in the development of technologically advanced and innovative orthopaedic braces and supports. Manufacturers are introducing lightweight, breathable, and customizable products that provide patients with improved comfort, fit, and functionality. Technological advancements entice healthcare providers and patients, resulting in increased product adoption.
   
• Preventive Care is gaining popularity: Preventive care and early intervention in orthopaedic conditions are becoming increasingly important. Orthopaedic braces and supports are valued by patients and healthcare providers for preventing further damage and reducing the need for invasive treatments. As a result, more people are seeking orthopaedic braces and supports early in the course of their orthopaedic conditions, increasing market demand.

Restraints:

• Orthopaedic Braces and Supports are Expensive: Orthopaedic braces and supports can be expensive, especially if they are advanced and technologically innovative. This pricing factor may deter some patients from purchasing these devices, particularly those who do not have adequate health insurance coverage or who have limited financial resources. The high cost of these products may make them inaccessible to certain segments of the population, potentially limiting market growth.

By Type Synopsys:                      

The North America orthopedic braces and supports market is classified by type into soft and elastic braces, hinged braces, hard braces. Among these segments, the hinged braces segment accounted for a significant share of the North America orthopedic braces and supports market in 2022. Hinged braces have metal or plastic hinges that help to support and stabilise the affected joint. These braces are frequently used to treat moderate to severe injuries such as ligament tears or post-surgical rehabilitation. Hinged braces provide a controlled range of motion and prevent excessive movement, assisting in the protection of the injured joint from further damage. They are frequently used in sports-related injuries and conditions that necessitate extra support during physical activities.

By Application Synopsys:    

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The North America orthopedic braces and supports market is classified by application into preventive care, ligament injury, post-operative rehabilitation, osteoarthritis, compression therapy, others. Among these segment, the preventive care segment accounted for a significant share of the North America orthopedic braces and supports market in 2022. Orthopaedic braces and supports used for injury prevention and protection during physical activities are included in the preventive care segment. Athletes and active people commonly wear these braces to reduce the risk of sports-related injuries, muscle strains, and joint sprains. Preventive braces provide light support and compression, allowing users to participate in physical activities while reducing the risk of injury.

Top Companies Includes In The North America Orthopedic Braces and Supports Market:

• DJO Global  
• Breg Inc.  
• DonJoy  
• DeRoyal Industries, Inc.  
• Bauerfeind USA, Inc.  
• Medi USA  
• Bird & Cronin, Inc.  
• Aspen Medical Products Inc. 
• Ovation Medical  
• Aircast  
• Thuasne USA  
• Allard USA  
• Hely & Weber  
• Comfortland Medical  

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In-depth analysis of North America Orthopedic Braces and Supports Market along with industry coverage and forecasting for the following segments:

Market Size, By Product

• Ankle Braces and Supports
• Foot Walkers and Orthoses
• Hip, Back, Spine Braces and Supports
• Knee Braces and Supports
• Shoulder Braces and Supports
• Elbow Braces and Supports
• Hand/Wrist Braces and Supports
• Facial Braces and Supports

Market Size, By Type

• Soft and Elastic Braces
• Hinged Braces
• Hard Braces

Market Size, By Application

• Preventive Care
• Ligament Injury
• Post-Operative Rehabilitation
• Osteoarthritis
• Compression Therapy
• Others

Market Size, By Distribution Channel

• Orthopedic Clinics
• Retail Pharmacies
• Others