India Orthopedic Braces And Support Casting And Splints Market, by Type (Orthopedic Braces & Supports (Upper Extremity Braces and Support and Low Extremity Braces and Support), Casting Supplies & Equipment, and Splinting Supplies & Equipment), by Distribution Channel (Orthopedic Clinics, Hospitals, OTC, and E-commerce), and by Region (North India, South India, Central India, East India, and West India) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Dec 2020

Code : CMI4349

Pages :182

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Increasing prevalence of lifestyle diseases & obesity, which leads to orthopedic disorders is expected to drive the market growth over the forecast period

Growing prevalence of obesity and related lifestyle disorders such as cardiovascular diseases, diabetes, etc. is also the major factor responsible for the growth of the India orthopedic braces & support, casting & splints market during the forecast period. For instance, according to one article published in The British Medical Journal, more than 135 million Indians are affected by obesity in 2018. Obese individuals are at a higher risk of orthopedic & musculoskeletal injuries as well as diabetes. These patients are at higher risk for orthopedic disorders, hence fuelling the growth of India orthopedic braces & support, casting & splints market.

India Orthopedic Braces & Support, Casting & Splints Market - Restraint

Variations in reimbursement scenario in different regions such as public & private player’s guidelines, and high cost associated with fiber material are some of the major factors which is expected to hinder the India Orthopedic Braces & Support, Casting & Splints market growth.

Increasing cases of accidents and growing prevalence of orthopedic diseases are expected to drive the market growth over the forecast period

Rising cases of accidents is expected to drive growth of the India orthopedic braces & support, casting & splints market. For instance, according to National Informatics Center, India recorded a total of 467,044 road accidents in 2018.

Furthermore, increasing prevalence of orthopedic diseases is fueling demand for orthopedic braces & support, casting & splints. This will, in turn, drive growth of the India orthopedic braces & support, casting & splints market. For instance, according to the National Institute of Health and Family Welfare (NIHFW), by the Ministry of Health and Family Welfare (MoHFW), Government of India data, osteoarthritis is the second most common rheumatologic problem and it is the most frequent joint disease with a prevalence of 22% to 39% in India in 2018.