Market News Today Orthopedic Braces and Supports Industry
Orthopedic Braces and Supports Industry Analysis, Size,
Growth, Trends and Forecast
Orthopedic Braces and Supports Market Report provides in-depth analysis of
industry by production, share, size, demand, economic trends, investment
feasibility, major key players, SWOT analysis and forecast.
The global orthopaedic braces and supports market size was worth USD 3.1 billion in 2015 which is
anticipated to grow at a CAGR of more than 6.7% during the forecast period. Increasing prevalence
of arthritis is one of the leading cause of the growth of orthopedic braces and supports market. It is
the most common form of arthritis which affects the population of all ages.
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According to theCentres for disease Control and Prevention, in 2015, 30 million US adults were
estimated to suffer from osteoarthritis. It is estimated that 54.4 million of the US adults are affected
with some form of arthritis. People with arthritis are the major target for orthopedic braces and
supports. The second most common form of arthritis is rheumatoid arthritis which cause muscle pain.