The latest report by IMARC, titled “GCC Orthopedic Braces and Supports Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, finds that the GCC orthopedic braces and supports market size reached US$ 39.3 Million in 2022. Orthopedic braces and supports refer to medical equipment that are used to support individuals diagnosed with musculoskeletal disorders, road accidents, and sports injuries. They are made to provide relief from chronic pain or temporary discomfort while supporting, aligning, stabilizing, and protecting numerous body parts, such as bones, joints, and muscles. They are produced using specialized materials with intelligent designs that provide intense targeted support to the spine, foot, knee, ankle, upper elbow, shoulder, hip, and other body parts. In recent years, orthopedic braces and supports have gained traction, as they aid in protecting joints after surgeries and provide mobility to patients.
GCC Orthopedic Braces and Supports Market Trends:
One of the primary factors driving the market is the increasing awareness about the benefits provided by these devices in the GCC countries. Additionally, the rising incidence of lifestyle diseases and sports injuries is creating a positive market outlook. Other than this, the increasing geriatric population is escalating the demand for orthopedic braces and supports on account of their increased susceptibility to osteocalcin, osteoporosis, and osteogenesis. Besides this, due to the sedentary lifestyles, the population is prone to musculoskeletal disorders, thereby positively influencing the market growth. In line with this, orthopedic braces and supports are less painful, offer quick recovery, and minimize the incidents of post-surgical complications. Furthermore, consumers spend a considerable amount of their time in front of TVs, PCs, and smart devices, which is leading to major and minor musculoskeletal deformities and dysfunctions. Apart from these factors, key players are launching pliable braces with a simplified user-interface and introducing Velcro instead of laces to allow easy application and pulley systems in lumbar supports. Along with this, technological improvements in modeling and material technology and increased contouring, flexibility, and usage of low-weight materials are creating a favorable market outlook. Looking forward, IMARC Group expects the market to reach US$ 53.3 Million by 2028, expanding at a CAGR of 5.1% during the forecast period (2023-2028).
- Based on the product, the market has been divided into lower extremity, spinal, and upper extremity braces and supports.
- On the basis of the type, the market has been segmented into soft and elastic, hinged, and hard and rigid braces and supports.
- Based on the application, the market has segregated into ligament injury, preventive care, post-operative rehabilitation, osteoarthritis, and others.
- On the basis of the end user, the market has been categorized into orthopedic clinics, hospitals and surgical centers, over-the-counter (OTC) platforms, and others.
- Region-wise, the market has been classified into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain.
- The competitive landscape of the market has also been analyzed, along with detailed profiles of the key players operating in the industry.
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