India Orthopedic Braces and Supports Market to Grow at 4.2% During 2024-2032, Bolstered by Significant Growth of Healthcare Industry

April 18, 2022 | Healthcare

The latest report by IMARC Group, titled “India Orthopedic Braces and Supports Market Report by Product (Lower Extremity Braces and Supports, Spinal Braces and Supports, Upper Extremity Braces and Supports), Type (Soft and Elastic Braces and Supports, Hinged Braces and Supports, Hard and Rigid Braces and Supports), Application (Ligament Injury, Preventive Care, Post-Operative Rehabilitation, Osteoarthritis, and Others), End User (Orthopedic Clinics, Hospitals and Surgical Centers, Over-the-Counter (OTC) Platforms, and Others), and Region 2024-2032,” finds that the India orthopedic braces and supports market is expected to grow at a CAGR of 4.2% during 2024-2032. Orthopedic braces and supports are standard orthopedic supplies used for externally holding, aligning, correcting, and supporting body parts while healing from an injury. They are made up of rigid materials like hard plastics as well as soft materials, such as spandex. These materials heal immobilized joints in the knee, spine, foot, ankle, hip, shoulder, and upper elbow. They offer several benefits such as affordability, higher efficacy, greater patient comfort, and ease of use compared to conventional products. Orthopedic braces and supports reduce discomfort and stress while facilitating improved mobility. Consequently, they are widely used in the healthcare industry to rehabilitate and prevent injuries and provide post-operative and osteoarthritic care.

India Orthopedic Braces and Supports Market Trends: 

The market is primarily driven by the increasing prevalence of orthopedic diseases and disorders among individuals. In addition, the growing number of individuals who spend a significant part of their day in front of PCs, TVs, and smart devices has resulted in the development of minor and major musculoskeletal deformities and dysfunctions. In India, orthopedic braces and supports are gaining popularity due to the rising influence of sports and incidences of accident-related injuries. These braces and supports are less painful as they aid in quick recovery and reduce the incidences of post-surgical complications. Moreover, the growing geriatric population with a high risk of developing spondylitis, degenerative disc disease, and other mobility issues is also facilitating the product demand. Moreover, key manufacturers are investing in various research and development (R&D) activities to create simplified and easy-to-use product variants. Furthermore, the government of India is undertaking several initiatives to upgrade the existing healthcare system across the country, thus creating a positive outlook for the market.

Market Summary: 

  • Based on the product, the market has been segmented into lower extremity, spinal, and upper extremity braces and supports.
  • On the basis of the type, the market has been classified into soft and elastic, hinged, and hard and rigid braces and supports.
  • The market has been categorized based on the application into ligament injury, preventive care, post-operative rehabilitation, osteoarthritis, and others.
  • On the basis of the end user, the market has been segregated into orthopedic clinics, hospitals and surgical centers, over-the-counter (OTC) platforms, and others.
  • Region-wise, the market has been divided into North India, West and Central India, South India, and East India.
  • The competitive landscape of the market has been examined in the report, with the detailed profiles of the key players operative in the industry.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product, Type, Application, End User, Region
Region Covered  North India, West and Central India, South India, East India 
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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India Orthopedic Braces and Supports Market to Grow at 4.2% During 2024-2032, Bolstered by Significant Growth of Healthcare Industry
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