According to the business intelligence report titled ‘Orthopedic Support Systems Market Size By Product (Braces, Splint, Bandage & Sleeves, Strap), By Application (Upper Body Extremities {Shoulder, Elbow, Hand and Wrist}, Lower Body Extremities {Ankle, Knee, Foot, Hip and Back}), By Patient (Adult, Paediatric), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global orthopedic support systems market is projected to amass notable gains between 2021-2027.
 

Increasing incidences of sports injuries & accidents, growing prevalence of orthopedic diseases & disorders, and rising public awareness regarding preventive care are the key factors driving global orthopedic support systems market expansion.
 

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Experts state that while technological developments will aid industry growth over the analysis period, high cost of products, and lack of knowledge about orthopedic support systems will continue to act as challenges.
 

Based on product gamut, the industry is divided into braces, splints, bandage & sleeves, and straps. Among these, the market share held by straps segment was evaluated at USD 253 million in the recent past and is estimated to expand at 8.1% CAGR between 2021-2027. Advantages of straps such as reduced recovery time, decreased pressure, and efficient support are the factors attributed for this growth.
 

As per application scope, worldwide orthopedic support systems market sphere is bifurcated into upper body extremities (shoulder, hand & wrist, elbow) and lower body extremities (ankle, foot, knee, hip & back, and others). Among these, the upper body extremities segment amassed USD 1017 million in 2020 and is anticipated to witness 8.1% CAGR through 2027. Rising popularity physical activities like heavy weightlifting and strength training and subsequent spike in occurrence of sprains and other injuries are the factors credited for this augmentation.
 

Adult and pediatric are the major segments based on patient type, among which, the former accrued USD 2399 million in 2020 and is speculated to record 7.9% CAGR between 2021-2027 owing to rising occurrence of arthritis.
 

Regionally speaking, Middle East & Africa orthopedic support systems market was assessed at USD 85 million in 2020 and is projected to grow at 8.5% CAGR through 2027. Surging healthcare expenditure and growing occurrence of orthopedic diseases are anticipated to contribute to this projected expansion.
 

Key players profiled in the report are Zimmer Biomet Holdings Inc., 3M Company, Trulife Group Limited, Alcare Company Limited, Remington Products, Aspen Medical Products LLC, Promedics Orthopaedics Ltd., Bauerfeind AG, Otto Bock Healthcare GmbH, Bird & Cronin LLC, Medi GmbH & Co. KG, McDavid Inc., Bledsoe Brace Systems & Viscent LLC, Hely & Weber, Breg Inc., Frank Stubbs Inc., BSN Medical GmbH, DeRoyal Industries Inc., FLA Orthopedics Inc., Chase Ergonomics Inc., DJO Global Inc., and Össur hf.