According to the research report titled ‘Global Bracing and Support (B&S) Market - Analysis By Product, By Type, By End User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)’, available with MarketStudyReport, global bracing and support (B&S) market was worth USD 4433.83 million in the year 2021 and is slated to gain notable traction during 2022-2027.

Rise in incidences of sports-related injuries, increasing proportion of aging population which is causing an uptick in chronic condition cases related to nervous & spinal systems, and adoption of advanced technologies in the medical field are all variables supporting the development of global bracing and support (B&S) market.

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Furthermore, the involvement of leading players in R&D activities who are constantly gathering information to expand the scope of braces and supports is estimated to generate financially viable opportunities for enterprises in this line of work over the analysis period.

Moreover, introduction of new products, elevated health expenditure to strengthen medical architecture, and burgeoning adoption of universal health coverage practices in developed countries are all propping up business growth.

During the COVID-19 pandemic, patients' visits and clinical check-ups were postponed citing concerns about their safety and health. This resulted in a sizable decrease in earnings for multiple businesses, stifling market growth.

However, now that the pandemic is being contained, global bracing and support (B&S) industry is expected to pick up steam in the forthcoming years.

Based on product type, the industry is split into upper extremity braces & support, lower extremity braces & support, and spinal braces & support. In terms of type, the business environment is categorized into elastic braces & support, and rigid braces & support. As per end-user ambit, the market is classified into hospitals, clinics, and over the counter.

Concerning the regional forefront, the market spans across Middle East & Africa, Asia Pacific (India, Australia, Japan, China), Europe (United Kingdom, France, Germany, Italy), North America (United States, Canada), and Latin America.

The renowned players amplifying the competitive scope of global bracing and support (B&S) marketplace include Össur hf., Trulife Inc., Zimmer Biomet Holdings Inc., Thuasne USA, 3M Company, Bauerfeind AG, DeRoyal Industries, Orthofix Medical Inc., Otto Bock Inc., and Colfax Corporation among others.