Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Orthopedic Orthotics Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.1% during the review period (2022 to 2027).
Orthopedic devices are planned to forestall or oversee outer muscle issues, while orthotics uphold or fix powerless joints or appendages. Find out with regards to the many items accessible inside the covering classifications. Orthopedic orthotic devices may be used for back supports and braces. Orthopedic orthotic devices give various highlights and advantages, for example, patient torment recuperating cures which can be rehearsed by doctors and clinic staff for the distinctive incapacitated patients.
The report aspects discussed the profile of the top manufacturers of the global Orthopedic Orthotics market. These aspects include the financial status of major companies, trending advancements and the entire market scenario. Growth of the report has examined Orthopedic Orthotics Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Ottobock Embraces Next-Generation Leadership with the Appointment of Aideen Curran as Director of Professional and Clinical Services
Austin, TX (March 7, 2022) – With changing demographics, the rise of digital technologies, and sharing industry best practices, Ottobock announces the appointment of a dynamic, next-generation leader to take charge of one of the most integral roles in the orthotic and prosthetic industry. Signifying a shift in the way Ottobock approaches education, training, and clinical support, Aideen Curran has been named the Director of Professional and Clinical Services (PCS), Ottobock North America.
“My vision will always be a patient-first approach to education and training. The patient is at the heart of everything we do as a CPO, and my purpose in this role is to leverage the strengths of this world-class specialist team to transform how we deliver education. Our goal as a department is to achieve exceptional patient outcomes by empowering and enriching the lives of the patients we serve in partnership with our customers,” said Aideen Curran, Director of Professional and Clinical Services, Ottobock North America. “I am honored to lead such an exemplary team who are fundamentally shaping the future of our industry through their thoughtful leadership, and though this will be my biggest and most exciting challenge to date, I am looking forward to the positive advancements we will make for our customers and their patients.”
By Type, it is segmented into
By Application, it is segmented into
Based on region, the global orthopedic orthotics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market and is projected to lose market share by the end of 2026. The market in North America is primarily driven by a rapidly increasing geriatric population; high adoption of orthopedic orthotics for pain management; and rise in the incidence of spine disorders, sports injuries, and neuromuscular and musculoskeletal disorders among the population in the U.S.. Moreover, an increase in microprocessor orthotics practices has been observed in the U.S., which is projected to fuel the expansion of the lower-limb orthotics market in the country during the forecast period. Asia Pacific is projected to be a rapidly expanding region of the global orthopedic orthotics market in the coming years. In Asia Pacific, China dominated the orthopedic orthotics market, whereas the market in the Rest of Asia Pacific is estimated to expand at a significant CAGR during the forecast period.
The Orthopedic Orthotics Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Orthopedic Orthotics Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Orthopedic Orthotics Market with a detailed analysis of the overall scenario for the market. It also highlights the business participant’s environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Orthopedic Orthotics Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | DJO Global, Ottobock, Össur hf. (Copenhagen :OSSR.CO), DeRoyal Industries, Medical Properties Trust, Inc. (NYSE :MPW), Breg, Thuasne, ORTEC, Aspen, Adhenor |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 165 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Orthopedic Orthotics Market is studied from 2017 - 2027.
Who are the key players in Orthopedic Orthotics Market?
DJO Global, Ottobock, Össur hf. (Copenhagen :OSSR.CO), DeRoyal Industries, Medical Properties Trust, Inc. (NYSE :MPW), Breg, Thuasne, ORTEC, Aspen, Adhenor, Rcai, Huici Medical, Nakamura Brace, CSJBJZ, WuHan JiShi and Others.
What are the significant types of Orthopedic Orthotics Market?
Upper-limb Orthoses, Lower-limb Orthoses, Spinal Orthoses, Others
What are the major end-use applications of Orthopedic Orthotics Market?
Functional Recovery, Deformity, Others.
What segments are covered in the Orthopedic Orthotics Market report?
The Global Orthopedic Orthotics Market is segmented on the basis of Product, Application, and Geography.
How can I get a sample report/company profile for the Orthopedic Orthotics Market?
The sample report for the Orthopedic Orthotics Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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