INDIA ORTHOPEDIC BRACES AND SUPPORT CASTING AND SPLINTS MARKET ANALYSIS

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

India Orthopedic Braces And Support Casting And Splints MarketSize and Trends

The India orthopedic braces & support, casting & splints market is estimated to be valued at US$ 73.5 million in 2020 and is expected to exhibit a CAGR of 6.8% over the forecast period (2020-2027).

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.