Orthopedic Braces & Support, Casting & Splints Market, By Product (Casting Supplies & Equipment (Plaster Casts, Casting Tapes, Cast Cutters, and Casting Tools and Accessories), Splinting Supplies & Equipment (Fiberglass Splints, Plaster Splints, Other Splints, and Splinting Tools and Accessories), and Orthopedic Braces and Supports (Upper Extremity Braces and Support and Low Extremity Braces and Support)), By Material (Metal, Fabric, Thermoplastic, and Others), By Application (Fracture Management, Ligament Injury Support, Osteoarthritis Aid , Post-operative Care, and Others), By Distribution Channel (Orthopedic Clinics, Hospitals, Over-the-Counter (OTC), E-commerce, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jan 2025

Code : CMI417

Pages :177

Formats :

Excel and PDF

Industry : Medical Devices

Regional Analysis

Orthopedic Braces & Support, Casting & Splints Market Regional Insights

To learn more about this report, Request sample copy

North America Orthopedic Braces & Support, Casting & Splints Market Trends

North America's dominance in the orthopedic braces & support, casting & splints market, with a 36.3% share in 2024, is driven by the strong presence of leading medical device manufacturers, advanced healthcare infrastructure, increased healthcare spending, and a growing geriatric population more susceptible to orthopedic disorders. Notable companies in the region, such as 3M, Össur, and DJO Finance LLC, have significantly contributed to the market growth through new product launches and expansion of manufacturing facilities.

Asia Pacific Orthopedic Braces & Support, Casting & Splints Market Trends

The Asia Pacific exhibits the fastest growth in the orthopedic braces & support, casting & splints market with a share of 25.3% in 2024 owing to increasing healthcare expenditure, large patient pools, and government efforts to improve access to modern medical technologies in countries like China and India.

Orthopedic Braces & Support, Casting & Splints Market Outlook for Key Countries:

U.S. Orthopedic Braces & Support, Casting & Splints Market Trends

The U.S. orthopedic braces & support, casting & splints market is driven by a high prevalence of musculoskeletal conditions. In June 2024, according to the Centers for Disease Control and Prevention (CDC), approximately 54 million U.S. adults were affected by arthritis between 2013 and 2015, leading to increased demand for orthopedic supports.

Germany Orthopedic Braces & Support, Casting & Splints Market Trends

The orthopedic braces & support, casting & splints market growth in Germany is propelled by its advanced healthcare infrastructure and a significant elderly population. In June 2023, the Federal Statistical Office of Germany reported that in 2020, 21.8% of the population was aged 65 and over, increasing the need for orthopedic devices.

India Orthopedic Braces & Support, Casting & Splints Market Trends

The expansion of new orthopedic centers is anticipated to drive market growth in India by increasing the utilization of orthopedic braces and supports. For example, in July 2023, the government of Bihar announced plans to develop a super specialty orthopedic center at Lok Nayak Jaiprakash Narayan (LNJP) Hospital. This initiative is expected to enhance the availability and use of orthopedic braces and supports in the region.

Germany Orthopedic Braces & Support, Casting & Splints Market Trends

Japan's aging demographic is a key trend influencing the orthopedic braces & support, casting & splints industry, In January 2023, the Japan Orthopaedic Association noted a 15% increase in the demand for orthopedic supports from 2022 to 2023, thus reflecting the need for advanced solutions among older adults.