The Latin America, Middle East and Africa Orthopedic Braces & Supports Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
The increased popularity of orthopedic products and commercialization of treatment processes have come from an increase in the number of orthopedic disorders around the world. Other factors projected to drive the market growth include the fast-growing sports industry sector, an increase in the number of accidental accidents, and increased sales of online and off-the-shelf items.
Orthopedic braces are medical instruments that are used to treat musculoskeletal problems such as properly aligning, correcting posture, and protecting muscles, joints, and bones as they heal from injury or damage. They're becoming more popular than other intrusive treatments because they're less uncomfortable and help with speedy recovery while reducing the risk of post-surgical problems.
Sports-related injuries are on the rise as the number of sports activities increases. Athletes are mostly interested in fitness-related activities such as running, cycling, and other similar hobbies. While such activities provide health benefits, they are more likely to experience injuries, which can lead to ligament injury. Ankle ligament tears are common among indoor sportsmen. Ankle braces are also advised by orthopedics following an acute ankle sprain. Athletic braces are also used by athletes to prevent themselves from future injury while participating in sports. It aids them in limiting unnecessary movement during matches, allowing them to play more comfortably.
Orthopedic braces and supports are gathering steam across this region in the clinical management of a variety of orthopedic disorders, including rheumatoid arthritis (RA), osteoarthritis (OA), carpal tunnel syndrome, and osteoporotic fractures, due to their superior clinical efficacy and rapid recovery compared to conventional therapies such as pain medications.
The growing issue of musculoskeletal disorders as a result of stressful working environments and poor posture is driving the South African orthopedic braces and supports the sector. Furthermore, the increased number of road accidents in the region is boosting the industry. According to the International Transport Forum's 2019 Road Safety Annual Report, the number of road fatalities in South Africa increased by 52 percent between 2000 and 2018.
The Brazil market dominated the LAMEA Orthopedic Braces & Supports Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $119 million by 2028. The Argentina market is experiencing a CAGR of 10.2% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 9.3% during (2022 - 2028).
Based on Type, the market is segmented into Soft & Elastic, Hard, and Hinged. Based on End User, the market is segmented into Knee, Ankle, Foot Walkers & Orthoses, Elbow, Hand & Wrist, Shoulder, Hip, Back, & Spine, and Others. Based on Distribution Channel, the market is segmented into Hospitals & Surgical Centres, Orthopedic Clinics, Pharmacies & Retailers, E-commerce platforms, and Others. Based on Application, the market is segmented into Ligament Injury, Osteoarthritis, Compression Therapy, Preventive Care, Post-operative Rehabilitation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Orthopedic Braces & Supports Market is Predict to reach $5.1 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DJO Global (Colfax Corporation), 3M Company, Essity AB, Ossur Hf., Orthofix Medical, Inc. (Breg, Inc.), Zimmer Biomet Holdings, Inc., Ottobock SE & Co. KGaA, Nippon Sigmax Co., Ltd., Bauerfeind AG, and Becker Orthopedic.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Product
- Knee
- Ankle
- Foot Walkers & Orthoses
- Elbow
- Hand & Wrist
- Shoulder
- Hip, Back, & Spine
- Others
By Distribution Channel
- Hospitals & Surgical Centres
- Orthopedic Clinics
- Pharmacies & Retailers
- E-commerce platforms
- Others
By Application
- Ligament Injury
- Osteoarthritis
- Compression Therapy
- Preventive Care
- Post-operative Rehabilitation
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- DJO Global (Colfax Corporation)
- 3M Company
- Essity AB
- Ossur Hf.
- Orthofix Medical, Inc. (Breg, Inc.)
- Zimmer Biomet Holdings, Inc.
- Ottobock SE & Co. KGaA
- Nippon Sigmax Co., Ltd.
- Bauerfeind AG
- Becker Orthopedic
TABLE 1 LAMEA Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Orthopedic Braces & Supports Market
TABLE 4 Product Launches And Product Expansions– Orthopedic Braces & Supports Market
TABLE 5 Acquisition and Mergers– Orthopedic Braces & Supports Market
TABLE 6 LAMEA Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 7 LAMEA Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 8 LAMEA Soft & Elastic Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Soft & Elastic Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Hard Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Hard Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Hinged Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Hinged Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 15 LAMEA Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 16 LAMEA Knee Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Knee Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Ankle Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Ankle Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Foot Walkers & Orthoses Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Foot Walkers & Orthoses Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Elbow Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Elbow Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Hand & Wrist Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Hand & Wrist Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Shoulder Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Shoulder Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Hip, Back, & Spine Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Hip, Back, & Spine Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 33 LAMEA Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 34 LAMEA Hospitals & Surgical Centres Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Hospitals & Surgical Centres Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Orthopedic Clinics Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Orthopedic Clinics Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Pharmacies & Retailers Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Pharmacies & Retailers Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA E-commerce platforms Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA E-commerce platforms Market by Country, 2022 - 2028, USD Million
TABLE 42 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 43 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 44 LAMEA Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 45 LAMEA Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 46 LAMEA Ligament Injury Market by Country, 2018 - 2021, USD Million
TABLE 47 LAMEA Ligament Injury Market by Country, 2022 - 2028, USD Million
TABLE 48 LAMEA Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 49 LAMEA Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 50 LAMEA Compression Therapy Market by Country, 2018 - 2021, USD Million
TABLE 51 LAMEA Compression Therapy Market by Country, 2022 - 2028, USD Million
TABLE 52 LAMEA Preventive Care Market by Country, 2018 - 2021, USD Million
TABLE 53 LAMEA Preventive Care Market by Country, 2022 - 2028, USD Million
TABLE 54 LAMEA Post-operative Rehabilitation Market by Country, 2018 - 2021, USD Million
TABLE 55 LAMEA Post-operative Rehabilitation Market by Country, 2022 - 2028, USD Million
TABLE 56 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 57 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 58 LAMEA Orthopedic Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 59 LAMEA Orthopedic Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 60 Brazil Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 61 Brazil Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 62 Brazil Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 63 Brazil Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 64 Brazil Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 65 Brazil Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 66 Brazil Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 67 Brazil Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 68 Brazil Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 69 Brazil Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 70 Argentina Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 71 Argentina Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 72 Argentina Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 73 Argentina Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 74 Argentina Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 75 Argentina Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 76 Argentina Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 77 Argentina Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 78 Argentina Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 79 Argentina Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 80 UAE Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 81 UAE Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 82 UAE Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 83 UAE Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 84 UAE Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 85 UAE Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 86 UAE Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 87 UAE Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 88 UAE Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 89 UAE Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 90 Saudi Arabia Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 91 Saudi Arabia Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 92 Saudi Arabia Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 93 Saudi Arabia Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 94 Saudi Arabia Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 95 Saudi Arabia Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 96 Saudi Arabia Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 97 Saudi Arabia Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 98 Saudi Arabia Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 99 Saudi Arabia Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 100 South Africa Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 101 South Africa Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 102 South Africa Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 103 South Africa Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 104 South Africa Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 105 South Africa Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 106 South Africa Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 107 South Africa Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 108 South Africa Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 109 South Africa Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 110 Nigeria Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 111 Nigeria Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 112 Nigeria Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 113 Nigeria Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 114 Nigeria Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 115 Nigeria Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 116 Nigeria Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 117 Nigeria Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 118 Nigeria Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 119 Nigeria Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 120 Rest of LAMEA Orthopedic Braces & Supports Market, 2018 - 2021, USD Million
TABLE 121 Rest of LAMEA Orthopedic Braces & Supports Market, 2022 - 2028, USD Million
TABLE 122 Rest of LAMEA Orthopedic Braces & Supports Market by Type, 2018 - 2021, USD Million
TABLE 123 Rest of LAMEA Orthopedic Braces & Supports Market by Type, 2022 - 2028, USD Million
TABLE 124 Rest of LAMEA Orthopedic Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 125 Rest of LAMEA Orthopedic Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 126 Rest of LAMEA Orthopedic Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 127 Rest of LAMEA Orthopedic Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 128 Rest of LAMEA Orthopedic Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 129 Rest of LAMEA Orthopedic Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 130 Key Information – DJO Global
TABLE 131 Key Information – 3M Company
TABLE 132 Key Information – Essity AB
TABLE 133 Key Information –Ossur Hf.
TABLE 134 Key Information – Orthofix Medical, Inc.
TABLE 135 key Information – Zimmer Biomet Holdings, Inc.
TABLE 136 Key Information – Ottobock SE & Co. KGaA
TABLE 137 Key Information – Nippon Sigmax Co., Ltd.
TABLE 138 Key Information – Bauerfeind AG
TABLE 139 Key Information – Becker Orthopedic
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Mar – 2021,Dec) Leading Players
FIG 5 Recent strategies and developments: DJO Global
FIG 6 Recent Strategies and Developments: Zimmer Biomet Holdings, Inc.