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Orthotic Devices-Global Market Insights and Sales Trends 2024
Synopsis
Orthotics is a specialty within the medical field concerned with the design, manufacture and application of orthoses. An orthostics device is an externally applied device used to modify the structural and functional characteristics of the neuromuscular and skeletal system.
The global Orthotic Devices market size is expected to reach US$ 484.3 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Orthotic Devices in various end use industries. The expanding demands from the Hospital, Specialty Clinic and Others,, are propelling Orthotic Devices market. Orthopedic Braces and Support, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Orthotic Splints segment is estimated at % CAGR for the next seven-year period.
Under the International Standard terminology, orthoses are classified by an acronym describing the anatomical joints which they contain. For example, an ankle foot orthosis ('AFO') is applied to the foot and ankle, a thoracolumbosacral orthosis ('TLSO') affects the thoracic, lumbar and sacral regions of the spine. Upper-limb (or upper extremity) orthoses are mechanical or electromechanical devices applied externally to the arm or segments thereof in order to restore or improve function, or structural characteristics of the arm segments encumbered by the device. A lower-limb orthosis is an external device applied to a lower-body segment to improve function by controlling motion, providing support through stabilizing gait, reducing pain through transferring load to another area, correcting flexible deformities, and preventing progression of fixed deformities.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Orthotic Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Orthotic Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Orthotic Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Orthotic Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Orthotic Devices covered in this report include Alvimedica, Saudi Pharmaceutical Industries & Medical Appliances Corporation, Itamar Medical, Alshifa Medical Syringes Manufacturing and Jamjoon Hospital Supply, etc.
The global Orthotic Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Alvimedica
Saudi Pharmaceutical Industries & Medical Appliances Corporation
Itamar Medical
Alshifa Medical Syringes Manufacturing
Jamjoon Hospital Supply
Global Orthotic Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Orthotic Devices market, Segment by Type:
Orthopedic Braces and Support
Orthotic Splints
Global Orthotic Devices market, by Application
Hospital
Specialty Clinic
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Orthotic Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Orthotic Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Orthotics is a specialty within the medical field concerned with the design, manufacture and application of orthoses. An orthostics device is an externally applied device used to modify the structural and functional characteristics of the neuromuscular and skeletal system.
The global Orthotic Devices market size is expected to reach US$ 484.3 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Orthotic Devices in various end use industries. The expanding demands from the Hospital, Specialty Clinic and Others,, are propelling Orthotic Devices market. Orthopedic Braces and Support, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Orthotic Splints segment is estimated at % CAGR for the next seven-year period.
Under the International Standard terminology, orthoses are classified by an acronym describing the anatomical joints which they contain. For example, an ankle foot orthosis ('AFO') is applied to the foot and ankle, a thoracolumbosacral orthosis ('TLSO') affects the thoracic, lumbar and sacral regions of the spine. Upper-limb (or upper extremity) orthoses are mechanical or electromechanical devices applied externally to the arm or segments thereof in order to restore or improve function, or structural characteristics of the arm segments encumbered by the device. A lower-limb orthosis is an external device applied to a lower-body segment to improve function by controlling motion, providing support through stabilizing gait, reducing pain through transferring load to another area, correcting flexible deformities, and preventing progression of fixed deformities.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Orthotic Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Orthotic Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Orthotic Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Orthotic Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Orthotic Devices covered in this report include Alvimedica, Saudi Pharmaceutical Industries & Medical Appliances Corporation, Itamar Medical, Alshifa Medical Syringes Manufacturing and Jamjoon Hospital Supply, etc.
The global Orthotic Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Alvimedica
Saudi Pharmaceutical Industries & Medical Appliances Corporation
Itamar Medical
Alshifa Medical Syringes Manufacturing
Jamjoon Hospital Supply
Global Orthotic Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Orthotic Devices market, Segment by Type:
Orthopedic Braces and Support
Orthotic Splints
Global Orthotic Devices market, by Application
Hospital
Specialty Clinic
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Orthotic Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Orthotic Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Orthotic Devices Market Overview
1.1 Orthotic Devices Product Overview
1.2 Orthotic Devices Market Segment by Type
1.2.1 Orthopedic Braces and Support
1.2.2 Orthotic Splints
1.3 Global Orthotic Devices Market Size by Type
1.3.1 Global Orthotic Devices Market Size Overview by Type (2018-2029)
1.3.2 Global Orthotic Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global Orthotic Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Orthotic Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe Orthotic Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Orthotic Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Orthotic Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Orthotic Devices Sales Breakdown by Type (2018-2023)
2 Global Orthotic Devices Market Competition by Company
2.1 Global Top Players by Orthotic Devices Sales (2018-2023)
2.2 Global Top Players by Orthotic Devices Revenue (2018-2023)
2.3 Global Top Players by Orthotic Devices Price (2018-2023)
2.4 Global Top Manufacturers Orthotic Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Orthotic Devices Market Competitive Situation and Trends
2.5.1 Orthotic Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Orthotic Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Orthotic Devices as of 2022)
2.7 Date of Key Manufacturers Enter into Orthotic Devices Market
2.8 Key Manufacturers Orthotic Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Orthotic Devices Status and Outlook by Region
3.1 Global Orthotic Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Orthotic Devices Historic Market Size by Region
3.2.1 Global Orthotic Devices Sales in Volume by Region (2018-2023)
3.2.2 Global Orthotic Devices Sales in Value by Region (2018-2023)
3.2.3 Global Orthotic Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Orthotic Devices Forecasted Market Size by Region
3.3.1 Global Orthotic Devices Sales in Volume by Region (2024-2029)
3.3.2 Global Orthotic Devices Sales in Value by Region (2024-2029)
3.3.3 Global Orthotic Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Orthotic Devices by Application
4.1 Orthotic Devices Market Segment by Application
4.1.1 Hospital
4.1.2 Specialty Clinic
4.1.3 Others
4.2 Global Orthotic Devices Market Size by Application
4.2.1 Global Orthotic Devices Market Size Overview by Application (2018-2029)
4.2.2 Global Orthotic Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global Orthotic Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Orthotic Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe Orthotic Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Orthotic Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Orthotic Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Orthotic Devices Sales Breakdown by Application (2018-2023)
5 North America Orthotic Devices by Country
5.1 North America Orthotic Devices Historic Market Size by Country
5.1.1 North America Orthotic Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Orthotic Devices Sales in Volume by Country (2018-2023)
5.1.3 North America Orthotic Devices Sales in Value by Country (2018-2023)
5.2 North America Orthotic Devices Forecasted Market Size by Country
5.2.1 North America Orthotic Devices Sales in Volume by Country (2024-2029)
5.2.2 North America Orthotic Devices Sales in Value by Country (2024-2029)
6 Europe Orthotic Devices by Country
6.1 Europe Orthotic Devices Historic Market Size by Country
6.1.1 Europe Orthotic Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Orthotic Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe Orthotic Devices Sales in Value by Country (2018-2023)
6.2 Europe Orthotic Devices Forecasted Market Size by Country
6.2.1 Europe Orthotic Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe Orthotic Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific Orthotic Devices by Region
7.1 Asia-Pacific Orthotic Devices Historic Market Size by Region
7.1.1 Asia-Pacific Orthotic Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Orthotic Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Orthotic Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Orthotic Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific Orthotic Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Orthotic Devices Sales in Value by Region (2024-2029)
8 Latin America Orthotic Devices by Country
8.1 Latin America Orthotic Devices Historic Market Size by Country
8.1.1 Latin America Orthotic Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Orthotic Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America Orthotic Devices Sales in Value by Country (2018-2023)
8.2 Latin America Orthotic Devices Forecasted Market Size by Country
8.2.1 Latin America Orthotic Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America Orthotic Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa Orthotic Devices by Country
9.1 Middle East and Africa Orthotic Devices Historic Market Size by Country
9.1.1 Middle East and Africa Orthotic Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Orthotic Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Orthotic Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Orthotic Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa Orthotic Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Orthotic Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Alvimedica
10.1.1 Alvimedica Company Information
10.1.2 Alvimedica Introduction and Business Overview
10.1.3 Alvimedica Orthotic Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Alvimedica Orthotic Devices Products Offered
10.1.5 Alvimedica Recent Development
10.2 Saudi Pharmaceutical Industries & Medical Appliances Corporation
10.2.1 Saudi Pharmaceutical Industries & Medical Appliances Corporation Company Information
10.2.2 Saudi Pharmaceutical Industries & Medical Appliances Corporation Introduction and Business Overview
10.2.3 Saudi Pharmaceutical Industries & Medical Appliances Corporation Orthotic Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Saudi Pharmaceutical Industries & Medical Appliances Corporation Orthotic Devices Products Offered
10.2.5 Saudi Pharmaceutical Industries & Medical Appliances Corporation Recent Development
10.3 Itamar Medical
10.3.1 Itamar Medical Company Information
10.3.2 Itamar Medical Introduction and Business Overview
10.3.3 Itamar Medical Orthotic Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Itamar Medical Orthotic Devices Products Offered
10.3.5 Itamar Medical Recent Development
10.4 Alshifa Medical Syringes Manufacturing
10.4.1 Alshifa Medical Syringes Manufacturing Company Information
10.4.2 Alshifa Medical Syringes Manufacturing Introduction and Business Overview
10.4.3 Alshifa Medical Syringes Manufacturing Orthotic Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Alshifa Medical Syringes Manufacturing Orthotic Devices Products Offered
10.4.5 Alshifa Medical Syringes Manufacturing Recent Development
10.5 Jamjoon Hospital Supply
10.5.1 Jamjoon Hospital Supply Company Information
10.5.2 Jamjoon Hospital Supply Introduction and Business Overview
10.5.3 Jamjoon Hospital Supply Orthotic Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jamjoon Hospital Supply Orthotic Devices Products Offered
10.5.5 Jamjoon Hospital Supply Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Orthotic Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Orthotic Devices Industrial Chain Analysis
11.4 Orthotic Devices Market Dynamics
11.4.1 Orthotic Devices Industry Trends
11.4.2 Orthotic Devices Market Drivers
11.4.3 Orthotic Devices Market Challenges
11.4.4 Orthotic Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Orthotic Devices Distributors
12.3 Orthotic Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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