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 2021 and is estimated to gain tremendous returns during 2022-2027.

Surging geriatric population prompting the increase in chronic disease cases that impact the spinal & nervous system, rising sports-related injuries, and technological advancements in the field are variables influencing the growth of global bracing and support (B&S) market.

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Besides, soaring adoption of universal health coverage policies in developed countries, new product innovations, and increasing healthcare spending for enhancing medical infrastructure are further supporting the development of the business sphere. 

Moreover, the presence of key players in market who are undertaking constant research activities to enhance the scope of braces & supports is likely to generate profitable opportunities for businesses in this line of work through the forecast period. 

During the COVID-19 pandemic, concerns regarding the health & safety of the patients compelled them to delay their visits & clinical check-ups. This led to a significant decline in revenue generation for various companies, thereby hampering the growth of market. However, with the pandemic under control, worldwide bracing and support (B&S) industry is expected to pick up pace in the forthcoming years.  

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

Speaking of the geographical aspect, the market spans across North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy), Asia Pacific (India, Japan, Australia, China), and Latin America and Middle East & Africa

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