Orthopedic Braces And Supports Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Orthopedic Braces And Supports Market Size Worth $8.0 Billion By 2026�
The global orthopedic braces and supports market size is expected to reach a value of USD 8.0 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. Rising prevalence of chronic diseases such as osteoarthritis and rheumatoid arthritis has led to the market growth. The products restrict mobility to a particular direction, thereby, assisting the overall movement of a patient. Osteoporosis is considered as one of the leading causes of musculoskeletal or joint disorders among geriatric population, leading to the need for orthopedic braces. Geriatric population base exhibits highest incidence of musculoskeletal disorders. Thus, this group of population plays a vital role in accelerating the demand for the products. Aging leads to significant changes in the skeletal and neuromuscular systems, resulting in weak ligaments, arthritis, and Anterior Cruciate Ligament (ACL) tear. The geriatric population is also expected to grow at an unprecedented rate in the years to come. This factor is anticipated to propel the product demand in orthopedic braces and supports market.
Rising incidence of sport-related injuries has also become a leading cause for osteoarthritis among athletes. Health conscious people continuously engage in fitness-related activities. This might lead to muscle pain, which results in increased demand for braces and supports. Sometimes, athletic activities can also result in knee joint disorder or ankle injuries, which facilitate rise in demand for knee and ankle braces. For Latest research study : https://www.grandviewresearch.com/industry-analysis/orthopedic-braces-supportsystems-market
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