The Asia Pacific Orthopedic Braces & Supports Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Spondylitis, osteoarthritis, degenerative disc disease, and other mobility problems affect the elderly population at a higher rate. As a result, the expanding geriatric population is driving up sales of braces and supports all across the world. Manufacturers are working on pliable braces with a simple user interface, taking into account consumer demands. They're also using Velcro instead of laces to make it easier to put on, and pulley systems in lumbar supports to make it easier to customize.
Musculoskeletal diseases are very common in this population. Bones and connective tissues like ligaments and cartilages naturally deteriorate as people become older. This increases the chance of muscular injury, particularly in the elderly's knees and shoulders. This stiffens the joints even more, necessitating the use of braces and supports to promote movement. As a result, the growing geriatric population is likely to drive market expansion.
Significant developments in modeling and material science have resulted in enhanced flexibility, contouring, and the use of low-weight materials as a result of technological advancements. Advanced data sensors and synchronization systems have also been incorporated as a result of technological advancements.
The rising geriatric and obese population combined with the considerable prevalence of orthopedic and diabetes-related disorders in this age group and increasing healthcare expenditure in APAC countries are driving the demand for orthopedic braces and supports in the region. To preserve their market position, top product makers are adopting strategic activities such as product commercialization, owing to the region's significant growth potential. Due to the existence of superior manufacturing facilities and technology, Japan is also a big contributor to the industry.
Ankle braces and supports, as well as upper spine orthoses, are in high demand in China due to the country's vast senior population. Due to its well-developed healthcare infrastructure, contemporary products, and qualified professionals, China's market is predicted to rise rapidly. In China, sales of orthopedic braces and supports are predicted to increase due to the presence of contemporary production facilities and technology, as well as increased demand for advanced therapies and goods.
The China market dominated the Asia Pacific Orthopedic Braces & Supports Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $419.5 million by 2028. The Japan market is anticipated to grow at a CAGR of 7.4% during (2022 - 2028). Additionally, The India market would display a CAGR of 8.7% during (2022 - 2028).
Based on Type, the market is segmented into Soft & Elastic, Hard, and Hinged. Based on End User, the market is segmented into Knee, Ankle, Foot Walkers & Orthoses, Elbow, Hand & Wrist, Shoulder, Hip, Back, & Spine, and Others. Based on Distribution Channel, the market is segmented into Hospitals & Surgical Centres, Orthopedic Clinics, Pharmacies & Retailers, E-commerce platforms, and Others. Based on Application, the market is segmented into Ligament Injury, Osteoarthritis, Compression Therapy, Preventive Care, Post-operative Rehabilitation, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Orthopedic Braces & Supports Market is Projected to reach USD 5.1 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DJO Global (Colfax Corporation), 3M Company, Essity AB, Ossur Hf., Orthofix Medical, Inc. (Breg, Inc.), Zimmer Biomet Holdings, Inc., Ottobock SE & Co. KGaA, Nippon Sigmax Co., Ltd., Bauerfeind AG, and Becker Orthopedic.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Soft & Elastic
- Hard
- Hinged
By Product
- Knee
- Ankle
- Foot Walkers & Orthoses
- Elbow
- Hand & Wrist
- Shoulder
- Hip, Back, & Spine
- Others
By Distribution Channel
- Hospitals & Surgical Centres
- Orthopedic Clinics
- Pharmacies & Retailers
- E-commerce platforms
- Others
By Application
- Ligament Injury
- Osteoarthritis
- Compression Therapy
- Preventive Care
- Post-operative Rehabilitation
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DJO Global (Colfax Corporation)
- 3M Company
- Essity AB
- Ossur Hf.
- Orthofix Medical, Inc. (Breg, Inc.)
- Zimmer Biomet Holdings, Inc.
- Ottobock SE & Co. KGaA
- Nippon Sigmax Co., Ltd.
- Bauerfeind AG
- Becker Orthopedic
TABLE 1 Asia Pacific Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Orthopedic Braces & Supports Market
TABLE 4 Product Launches And Product Expansions– Orthopedic Braces & Supports Market
TABLE 5 Acquisition and Mergers– Orthopedic Braces & Supports Market
TABLE 6 Asia Pacific Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Soft & Elastic Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Soft & Elastic Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Hard Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Hard Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Hinged Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Hinged Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Knee Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Knee Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Ankle Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Ankle Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Foot Walkers & Orthoses Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Foot Walkers & Orthoses Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Elbow Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Elbow Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Hand & Wrist Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Hand & Wrist Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Shoulder Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Shoulder Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Hip, Back, & Spine Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Hip, Back, & Spine Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Hospitals & Surgical Centres Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Hospitals & Surgical Centres Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Orthopedic Clinics Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Orthopedic Clinics Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Pharmacies & Retailers Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Pharmacies & Retailers Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific E-commerce platforms Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific E-commerce platforms Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 44 Asia Pacific Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 45 Asia Pacific Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 46 Asia Pacific Ligament Injury Market by Country, 2018 - 2021, USD Million
TABLE 47 Asia Pacific Ligament Injury Market by Country, 2022 - 2028, USD Million
TABLE 48 Asia Pacific Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 49 Asia Pacific Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 50 Asia Pacific Compression Therapy Market by Country, 2018 - 2021, USD Million
TABLE 51 Asia Pacific Compression Therapy Market by Country, 2022 - 2028, USD Million
TABLE 52 Asia Pacific Preventive Care Market by Country, 2018 - 2021, USD Million
TABLE 53 Asia Pacific Preventive Care Market by Country, 2022 - 2028, USD Million
TABLE 54 Asia Pacific Post-operative Rehabilitation Market by Country, 2018 - 2021, USD Million
TABLE 55 Asia Pacific Post-operative Rehabilitation Market by Country, 2022 - 2028, USD Million
TABLE 56 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 57 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 58 Asia Pacific Orthopedic Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 59 Asia Pacific Orthopedic Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 60 China Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 61 China Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 62 China Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 63 China Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 64 China Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 65 China Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 66 China Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 67 China Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 68 China Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 69 China Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 70 Japan Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 71 Japan Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 72 Japan Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 73 Japan Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 74 Japan Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 75 Japan Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 76 Japan Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 77 Japan Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 78 Japan Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 79 Japan Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 80 India Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 81 India Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 82 India Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 83 India Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 84 India Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 85 India Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 86 India Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 87 India Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 88 India Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 89 India Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 90 South Korea Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 91 South Korea Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 92 South Korea Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 93 South Korea Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 94 South Korea Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 95 South Korea Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 96 South Korea Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 97 South Korea Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 98 South Korea Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 99 South Korea Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 100 Singapore Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 101 Singapore Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 102 Singapore Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 103 Singapore Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 104 Singapore Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 105 Singapore Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 106 Singapore Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 107 Singapore Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 108 Singapore Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 109 Singapore Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 110 Malaysia Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 111 Malaysia Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 112 Malaysia Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 113 Malaysia Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 114 Malaysia Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 115 Malaysia Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 116 Malaysia Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 117 Malaysia Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 118 Malaysia Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 119 Malaysia Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 120 Rest of Asia Pacific Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 121 Rest of Asia Pacific Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 122 Rest of Asia Pacific Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 123 Rest of Asia Pacific Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 124 Rest of Asia Pacific Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 125 Rest of Asia Pacific Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 126 Rest of Asia Pacific Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 127 Rest of Asia Pacific Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 128 Rest of Asia Pacific Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 129 Rest of Asia Pacific Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 130 Key Information – DJO Global
TABLE 131 Key Information – 3M Company
TABLE 132 Key Information – Essity AB
TABLE 133 Key Information –Ossur Hf.
TABLE 134 Key Information – Orthofix Medical, Inc.
TABLE 135 key Information – Zimmer Biomet Holdings, Inc.
TABLE 136 Key Information – Ottobock SE & Co. KGaA
TABLE 137 Key Information – Nippon Sigmax Co., Ltd.
TABLE 138 Key Information – Bauerfeind AG
TABLE 139 Key Information – Becker Orthopedic
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Mar – 2021,Dec) Leading Players
FIG 5 Recent strategies and developments: DJO Global
FIG 6 Recent Strategies and Developments: Zimmer Biomet Holdings, Inc.