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Title Orthopedic Braces & Supports Market worth $5.1 billion by 2029
URL https://www.barchart.com/story/news/27110837/orthopedic-braces-supports-market-worth-51-billion-by-2029-marketsandmarkets
Category Fitness Health --> Health Articles
Meta Keywords Orthopedic Braces and Supports Market, Orthopedic Braces and Supports Industry
Meta Description North America, comprising the US and Canada, accounted for the largest share of the orthopedic braces & supports market in 2022.
Owner Healthcare101
Description
The Global Orthopedic Braces & Supports Market in terms of revenue was estimated to be worth $3.6 billion in 2023 and is poised to reach $5.1 billion by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. One primary driver is the rising incidence of musculoskeletal disorders and sports-related injuries, particularly among the aging population and athletes. Additionally, advancements in orthopedic technology have led to the development of more innovative and effective braces and supports, which offer better comfort, mobility, and functionality for patients. Moreover, increasing awareness about the benefits of early intervention and rehabilitation for orthopedic conditions, coupled with expanding access to healthcare services in emerging markets, further fuels the demand for orthopedic braces and supports.