Market News Today Orthopedic Braces and Supports Industry | Page 2
Increase in geriatric population is one of the primary driver for the growth of the market. This
population is highly affected by musculoskeletal disorders. According to International Osteoporosis
Foundation, osteoporosis and low bone mass is a major threat to around 44 million U.S. men and
women of age 50 and older. Approximately, 30% of the post-menopausal women suffer from
osteoporosis in the US. Weakening of bones, connecting tissues such as cartilages and ligaments with
age increases the risk of muscle injury in knees and shoulders. This supports the increasing need of
orthopedic braces and supports.
Sports related injuries are increasing with the increase in participation of people of different ages in
various sports activities. Athletes are engaged in fitness related activities such as cycling, running, and
others. While performing health benefit related activities, athletes tend to sustain injuries which may
give rise to ligament injuries. Athletes involved in indoor health activities are at high risk of ligament
tear. This generates the demand for ankle braces. These products help to restrict the movement of
affected part thereby making the healing process faster. Orthopedic braces help athletes to protect
themselves from further injury. It helps to restrict the movement of the unwanted part during any
activity, thereby facilitating a convenient play.
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Product Insights
Knee supports and braces segment held the largest market share in 2015, due to a large number of
people affected by knee joint and related injuries. Knee braces helps in pressure relief from the joints
that are affected by arthritis.
Foot and ankle braces are anticipated to show lucrative growth over the forecast period. This is due
to the rising number of participation in sports related activities by people of all age group. The
increasing number of participants in Paralympics also supports the growth of the market. Upper
extremity supports and braces segment are also expected to grow at a significant rate in near future.