European Orthopedic Braces and Supports System Market is Ranked Second after North America

Date: 2015-07-24

“The European orthopedic braces & support systems market has been segmented on the basis of countries, products, and end-users. The market has been analyzed for Germany, France, the U.K. Italy, Spain, and the Rest of Europe (RoE). The orthopedic braces & support systems market comprises various products, such as knee braces and supports, foot & ankle braces and supports, spinal orthoses, upper extremity soft-goods (wrist, elbow, shoulders and back, and so on). The report classifies the end-users in the European orthopedic braces & support systems market as hospitals, orthopedic clinics, and other end-users.

The European Orthopedic Braces and supports system market is ranked second after North America, and is witnessing a CAGR of 3.4% between 2014 and 2019. This market is mainly driven by increasing number of injuries leading to fractures, rising incidences and prevalence of osteoarthritis and osteoporosis, ankle arthritis, growing number of patients with diabetes and other vascular diseases, and active participation of people in sports. In addition, the significant usage of braces and supports as prophylaxis to injury (sports), pre-operative support to delay surgeries, and for managing pain and swelling will propel the growth of this market

Germany is considered to be the fastest-growing market for orthopedic braces and support systems owing to the rising awareness levels, increasing cases of road accidents and sports injuries, and the rising venture capital funding. 

The report includes profiles of the leading market players along with the developments (new product launches and partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. Biomet Inc. (U.S.), Bledsoe Brace Systems (U.S.), Bauerfeind AG (Germany), Breg Inc. (U.S.), Chase Ergonomics (U.S), and DeRoyal Industries, Inc. (U.S.) are some of the key players engaged in this market.

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