Orthopedic Braces & Support, Casting and Splints Market

Orthopedic Braces & Support, Casting and Splints Market Outlook (2022-2026)

The global orthopedic braces & support, casting, and splints market is valued at US$ 6 billion in 2022 and is set to expand at a CAGR of 6% to reach US$ 8 billion by end of 2026.

Revenue from the splinting supplies & equipment segment is expected to climb to US$ 2 billion by 2026.

Report Attributes	Details
Orthopedic Braces & Support, Casting, and Splints Market Size (2022E)	US$ 6 Billion
Forecasted Market Value (2026F)	US$ 8 Billion
Global Market Growth Rate (2022-2026)	6% CAGR
U.S. Market Value (2022)	US$ 2 Billion
China Market Value (2026)	US$ 1 Billion
Key Companies Profiled	3M Company Bauerfeind AG Becker Orthopedic Bird & Cronin, LLC Breg, Inc. DeRoyal Industries, Inc. DJO, LLC Medi GmbH & Co. KG Orfit Industries N.V. Össur Hf Ottobock SE & Co. KGaA Prime Medical, Inc. Spencer Italia S.r.l. Stryker Corporation Trulife

Orthopedic Brace & Support, Casting and Splint Sales Analysis (2017-2021) Vs. Market Forecasts (2022-2026)

Orthopedics is a discipline of medicine that focuses on treating problems with the musculoskeletal system, which consists of the bones, joints, muscles, tendons, and ligaments. Medical devices called orthopedic braces are employed to treat musculoskeletal issues.

They help to align the body correctly, correct posture, support, stabilize, and shield various bodily parts—particularly joints, muscles, and bones—from harm or trauma. The patient is advised to wear this medical equipment during the healing and recuperation process.

Orthopedic braces, particularly POP braces, are beneficial for patients who have broken bones, sprained ankles, fractured ribs, or dislocated joints. It enables people to limit pointless movements during activities, making it simpler to compete.

According to the macro and industrial dynamics, the market for orthopedic braces and support, casting, and splints may alter depending on product acceptation rates and regulatory compliance. The most significant market changes have been the recent introduction of dynamic posterior cruciate ligament (PCL) knee braces, which are fresh breakthroughs in functional and rehabilitative orthopedic braces.

Due to decreased usage of orthopedic braces and support items in the ongoing environment, the market had noticed a reduction in basis point share (BPS) values. Due to the product's weight, the emergence of skin irritation after product adoption, and the added cost of physical therapy after a regular treatment regimen, there have been examples of poor patient compliance that have been documented.

However, due to developments in 3D printing and manufacturing, customized orthopedic braces and support devices will provide patients with individualized personalization, improving patient compliance and, ultimately, improving treatment outcomes.

Due to recent developments in production and manufacturing, the market is expected to experience positive expansion throughout the projected period. The need for orthopedic braces, supports, castings, and splints are thought to be mostly driven by the ageing population.

According to Fact.MR, a market research and competitive intelligence provider, the global orthopedic braces, supports, castings, and splints market is anticipated to expand at a CAGR of 6% to reach US$ 8 billion by 2026.

What Aspects Can Positively Influence Demand for Orthopedic Braces & Support, Casting, & Splints?

“Increasing Cases of Orthopedic Disorders Worldwide”

Orthopedic braces and supports are gaining popularity in the clinical management of several orthopaedic disorders, including rheumatoid arthritis (RA), carpal tunnel syndrome, osteoarthritis (OA), and osteoporotic fractures, due to their superior clinical efficacy and quick recovery compared to traditional therapies, such as pain medications.

People with chronic illnesses such as cardiovascular diseases (CVD), diabetes, and obesity are more likely to develop arthritis. With the rising prevalence of obesity and associated lifestyle diseases, as well as the increased risk of diabetes among obese persons, the incidence of orthopedic disorders is expected to increase in the coming years.

Furthermore, an increase in sports-related injuries has emerged as a major contributor to osteoarthritis. The constant involvement of health-conscious people in fitness-related activities, which can lead to muscle soreness, has increased the adoption of orthopedic braces and supports.

Worldwide demand for orthopedic braces and supports is expected to expand at a CAGR of 6% from 2022 to 2026.

“Continuous Improvements in Equipment for Patient Comfort & Safety”

Several businesses are anticipated to adopt connected, on-demand and data-enabled patient health solutions as the healthcare sector moves closer to being patient-centric and participatory.

The move toward participatory medicine is changing the foundation of the healthcare infrastructure from one where activity and value are defined by the pull of patient demand to one where activity and value are defined by the supply-side push of services to consumers.

• Market participants such as DJO have created the X-ROMTM Post-Op Knee Brace in response to this trend. The X-ROMTM brace assists patients in healing from ACL and other knee surgery treatments with improved stability and comfort. It is outfitted with the company's most sophisticated range of motion (ROM) protection and superior user-centric design for quicker and simpler acceptance and modification.

Major players are seeing larger returns by conceptualizing the next-generation care model with effective participation in health systems, including the incorporation of patients' care journeys.

What Orthopedic Braces & Support, Casting and Splints Market Trends Can Harm Demand Growth?

“High Cost of Materials, Lack of Awareness, & High Adoption of Painkiller Medicines Can Affect Sales of Orthopedic Braces & Support, Casting, & Splint Products”

The absence of adequate clinical data to support the therapeutic efficacy of orthopedic braces and low patient awareness of bracing-mediated orthopedic treatment are projected to restrain market expansion.

Orthopedic braces and supports, castings, and splints are selling at a lower rate due to the widespread use of painkillers. Instead of using appropriate orthopedic solutions, more individuals consume painkillers for the discomfort brought on by orthopedic diseases.

Braces are made from a variety of robust, long-lasting materials. For a brace to sustain weight, durability and strength are its key elements. However, the price of such materials is likely to restrain market expansion.

Furthermore, orthopedic braces increase weight and feel heavy and bulky, which is uncomfortable. Orthopedic braces can cause the skin to irritate when they are adjusted for comfort, and some patients also report swelling as a side effect.

Skin also becomes sensitive when wearing a cast or splint. Inside the cast, scratching or itching can irritate the skin and, in rare cases, leave lasting scars. This can also happen if the cast or splint is poorly fitted.

Which Regions are Lucrative for Manufacturers of Orthopedic Braces & Support, Casting, & Splints?

“North America & Europe Attractive Markets for Suppliers of Casting & Splints”

Growth in the orthopedic braces & support, casting, and splints market in North America is being driven by an increase in musculoskeletal injuries and the frequency of sports-related injuries.

The region's US$ share is anticipated to expand over the next 4 years as a result of tighter government regulations for product commercialization and a rise in the number of advantageous insurance and reimbursement programs.

The region's market is anticipated to increase as a result of factors such as rising sales of knee braces and supports, casting & splints, the presence of significant companies, and solid healthcare infrastructure.

The availability of sophisticated and advanced products, the presence of qualified professionals, the rising demand for complex products and therapies in the region, and a strong healthcare infrastructure all contribute to Europe's orthopedic braces & support, casting, and splints market size and growth.

A significant geriatric population in China and the existence of advanced techniques and plants in Japan are projected to be the two factors driving market demand in the Asia Pacific region.

Country-wise Analysis

What’s Boosting United States Orthopedic Braces Market Size?

“Advancements in Treatment Procedures to Promote Adoption of Orthopedic Braces & Supports”

The market for orthopedic braces & support, casting, and splints in the United States is valued at around US$ 2 billion in 2022.

According to recent studies, over 21 million Americans suffer from osteoarthritis and around 40 million people, including over 250,000 children, have arthritis.

Major players are working with specialized technology companies as they turn their attention to 3D printing capabilities. Numerous small and medium-sized orthopedic businesses are located in the United States, and they are luring foreign corporations to participate in the country's orthopedic braces & support, casting, and splints market.

The factors projected to drive market expansion in the U.S. include increased consumer awareness of bracing devices, the availability of cutting-edge materials and qualified personnel, and rising demand for innovative therapies.

What’s Driving Market Size of Casting & Splints in China?

“Policies for Orthopedic Braces & Support, Casting, & Splint Product Development in China”

The China braces & support, casting, & splints market is expected to reach a valuation of US$ 1 billion, in 2026.

Due to the rising elderly and obese populations, the presence of cutting-edge manufacturing operations and advanced technologies, and the growing patient population for osteoarthritis, the China orthopedic braces & support, casting & splints market is predicted to expand at a high CAGR throughout the forecast period.

In China, the market for orthopedic braces & support, casting & splints is growing as a result of increased government funding for research into the development of orthopedic braces and supports, rising use of ankle braces and supports, casting & splints, and a rise in hospitals with up-to-date medical infrastructure.

Category-wise Analysis

Why are Splinting Supplies & Equipment in High Demand?

“Rising Road Accidents & Musculoskeletal Injuries Enhancing Splinting Supplies & Equipment Segment Growth”

The splinting supplies & equipment segment size is expected to attain a valuation of around US$ 2 billion, in 2026.

A growing population base of people over 65 and the presence of orthopedic complications associated with ageing, advancements in technology and the use of advanced materials by manufacturers, and the ability of these products to improve patient adherence in terms of safe and secure support and comfort over the course of the entire treatment period are the main drivers of growth in the splinting supplies segment.

The United States, Canada, Japan, China, and Europe will be the geographies with the highest growth rates in the global splinting supplies and equipment market.

The market for sophisticated casting and splinting solutions will expand as they become more readily available and popular. These items come in a variety of sizes and forms, which helps to increase patient comfort.

Furthermore, the introduction of casting and splinting products comprised of various materials, including fiberglass, polyester, and polyethylene, by significant market players is anticipated to fuel market expansion.

Competitive Landscape

The market for orthopedic braces and support, casting, and splints is moderately fragmented, with a large number of competitors holding the majority of the market share.

Market companies must make investments in technologies and diversity if they want to boost sales growth, reach more customers, and increase consumer loyalty.

• The Rebound Post-Op Elbow Brace from Ossur was introduced in September 2021 and enables elbow immobilization and range-of-motion limitation for patients with a variety of disorders, including chronic elbow wounds/injuries and tennis elbow release.

Segments of Orthopedic Braces & Support, Casting, and Splints Industry Research

• By Product :

  • Orthopedic Braces & Supports
  • Casting Supplies & Equipment
  • Splinting Supplies & Equipment

• By Distribution Channel :

  • Orthopedic Clinics
  • Hospitals
  • Over-the-Counter
  • Online
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA