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Orthotic devices market is expected to witness market growth at a rate of 6.11% in the forecast period of 2021 to 2028 and is expected to reach USD 6,250.29 million by 2028. Data Bridge Market Research report on orthotic devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of orthopedic diseases is escalating the growth of orthotic devices market.
Orthotic devices are generally utilized by arthritis, musculoskeletal and orthopedic ailments, abnormal posture alignment and deformities among others. These devices are used externally and assist in correcting any abnormalities or biomechanical alignment of the body.
The growing geriatric population across the globe prone to orthopedic diseases such as arthritis among others and increasing prevalence of osteoporosis, osteoarthritis and other bone disorders among population act as the major factors driving the growth of orthotic devices market. The increase in life expectancy and the growing incidences of lifestyle related diseases, sports injuries and various form of arthritis and acceptance of advanced healthcare facilities accelerate the orthotic devices market growth.
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Market Analysis and Insights: Global Orthotic Devices Market:
On the other hand, higher cost associated with the custom made orthotic devices is expected to obstruct the orthotic devices market growth. The healthcare professionals emphasizing on stem cell based treatments over curative measures is projected to challenge the orthotic devices market in the forecast period of 2021-2028.
This orthotic devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Global Orthotic Devices Market Scope and Market Size
The orthotic devices market is segmented on the basis of product, postures, products type, device type, manufacturing method, materials, application, end users and distribution channels. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· On the basis of product, the orthotic devices market is segmented into surgical devices and accessories.
· On the basis of postures, the orthotic devices market is segmented into dynamic orthotic devices and static orthotic devices.
· On the basis of products type, the orthotic devices market is segmented into ankle braces and supports, foot insoles, knee braces and supports, orthopaedic braces and support, orthotic splints, spinal braces and supports and upper extremity braces and supports.
· On the basis of device type, the orthotic devices market is segmented into upper extremity orthotics, lower extremity orthotics and cervical/spinal orthotics.
Table of Contents: Global Orthotic Devices Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Lyophilized Injectable Drugs in Healthcare Industry
7 Global Lyophilized Injectable Drugs Market, by Product Type
8 Global Lyophilized Injectable Drugs Market, by Modality
9 Global Lyophilized Injectable Drugs Market, by Type
10 Global Lyophilized Injectable Drugs Market, by Mode
11 Global Lyophilized Injectable Drugs Market, by End User
12 Global Lyophilized Injectable Drugs Market, by Geography
13 Global Lyophilized Injectable Drugs Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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