Market Analysis and Insights: Global Orthopedic Orthotics Market

Orthopedic Orthotics is a specialty within the medical field concerned with the design, manufacture and application of Orthotics. It is an externally applied device used to modify the structural and functional characteristics of the neuromuscular and skeletal system.

Orthopedic Orthotics is made from various types of materials including thermoplastics, carbon fiber, metals, and elastic, EVA, fabric or a combination of similar materials.

Due to the COVID-19 pandemic, the global Orthopedic Orthotics market size is estimated to be worth US$ 3179.6 million in 2022 and is forecast to a readjusted size of US$ 4677.1 million by 2029 with a CAGR of 5.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Upper-Limb Orthoses accounting for % of the Orthopedic Orthotics global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Functional Recovery segment is altered to an % CAGR throughout this forecast period.

The classification of Orthopedic Orthotics includes Upper-limb Orthoses, Lower-limb Orthoses and Spinal Orthoses. With high chance of injury in lower-limb, lower-limb orthotics occupies more than 60% market share, and the proportion of upper-limb orthoses is about 20.7%. There are many manufacturers with small scale in China. The market is chaos and a market adjustment is expected in the future, and this phenomenon also appears in other developing countries

Global Orthopedic Orthotics Scope and Market Size

The global Orthopedic Orthotics market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Orthopedic Orthotics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Upper-Limb Orthoses

Lower-Limb Orthoses

Spinal Orthoses


Segment by Application


Functional Recovery

Deformity

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


DJO Global

Ottobock

Ossur

DeRoyal Industries

Medi

Breg

Thuasne

ORTEC

Aspen

Adhenor

Rcai

Huici Medical

Nakamura Brace

CSJBJZ

WuHan JiShi