Orthotic Aids Market Scope And Analysis

Report Code : TIPRE00030114
Category : Medical Device

No. of Pages : 150

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Orthotic Aids Market Scope, Analysis, and Trends by 2030

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Orthotic Aids Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 4,021.94 Million
Market Size by 2030	US$ 7,282.00 Million
Global CAGR (2022 - 2030)	7.7%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Product Type Braces Body Belts By Application Ligament Injury Repair Preventive Care Osteoarthritis Compression Therapy By Distribution Channel Online and Offline By Supplier Type Branded and Unbranded
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Ossur hf Ottobock SE Co KGaA Thuasne SAS Fillauer LLC Lohmann Rauscher GmbH Co KG DeRoyal Industries Inc Hanger Inc Steeper Group Holdings Ltd Breg Inc

Industry Developments and Future Opportunities:

Various initiatives taken by key players operating in the orthotic aids market are listed below:

In October 2023, OrthoPediatrics Corp. launched DF2 Brace as part of its expansion in the non-surgical business. The product is indicated for the treatment of kids with musculoskeletal injuries. The brace is intended to replace a spica cast in femur fracture fixation in pediatric patients of age ranging from 6 months to 5 years, enabling the immobilization of the femur, knee, and hip.
In February 2021, Breg, Inc. launched two new lines of spinal orthoses: Pinnacle and Ascend. These two lines consist of 15 products in total, designed to elevate care for patients with spinal injuries.

Competitive Landscape and Key Companies:

Ossur hf, Ottobock SE & Co KGaA, Thuasne SAS, Fillauer LLC, Lohmann & Rauscher GmbH & Co KG, DeRoyal Industries Inc, Hanger Inc, Steeper Group Holdings Ltd, Breg Inc, and DJO LLC are among the prominent orthotic aids companies. These companies focus on new technologies, advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide.