US Orthotic Aids Market
US Orthotic Aids Market is growing at a CAGR of 6.3% to reach US$ 2,294.39 Million by 2028 from US$ 1,494.55 Million in 2022 by Product Type, Application, Type of Supplier, Distribution Channel.

Published On: Oct 2023

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US Orthotic Aids Market

According to our latest study on " US Orthotic Aids Market Size and Forecast to 2028 – Analysis – by Product Type, Application, Type of Supplier, and Distribution Channel," the US Orthotic Aids Market size was valued at US$ 1,494.55 million in 2022 and is expected to reach US$ 2,294.39 million by 2028. It is estimated to register a CAGR of 6.3% during 2022–2028. The report highlights the key factors and trends impacting the market and focuses on prominent players and their strategies.

A brace called an orthotic device is designed to support weak muscles. Braces can aid in maintaining flexibility in the muscles, which helps slow the development of contractures, which happen when a muscle and its tendon shorten and lose flexibility. Braces can also help with the motions required for walking. An individual with muscular dystrophy may be able to walk independently for a more extended period and provide additional support where it is needed, such as at the ankle.

Orthopedic aids, such as body belts and braces, assist patients affected by cerebral palsy, brain injury, spinal cord injury, and other neurological/orthopedic conditions with mobility and support. According to the Centers for Disease Control and Prevention, the US reported approximately 214,110 traumatic brain injury (TBI)-related hospitalizations and 69,473 TBI-related deaths in 2020. Thus, the use of orthotic aids is increasing with the rising number of patients suffering from various orthopedic and neurological conditions.

The geriatric population is increasing in the US owing to the modernization of healthcare facilities and improvements in healthcare services, which eventually boosts people's life expectancy. Elderlies are at a greater risk of falls, and minor accidents can also cause fractures or bone breakage due to the tendency of muscles and bones to wear off with age. Osteoporosis and other conditions that may affect older people may further raise the risk of bone breakage. Thus, an upsurge in the elderly population is correlated with the soaring number of orthopedic injuries and disorders, which creates the demand for orthotic aids. According to the Osteoarthritis (OA) Action Alliance, 88% of people with OA are at least 45 years old, and 43% are 65 or older in the US

A child's musculoskeletal system may develop in ways that make movement and posture difficult due to orthopedic and neuromuscular conditions such as cerebral palsy, spina bifida, muscular dystrophy, and clubfoot. According to the Centers for Disease Control and Prevalence (CDC), clubfoot is one of the most common congenital disabilities in the U.S, and it affected ~6,643 babies in the country in 2022. Pediatric bracing involves the use of specialized orthotic devices or braces to support and align a child's body joints, particularly those in the spine, hips, knees, ankles, and feet. These devices are prescribed following diagnosis and are typically made to meet the child's needs.

Thus, increasing the use of orthotic aids among people from various age groups drives the growth of the orthotic aids market.

Ossur hf, Ottobock SE & Co KGaA, Thuasne SAS, Fillauer LLC, Lohmann & Rauscher GmbH & Co KG, DeRoyal Industries Inc, Hanger Inc, Steeper Group Holdings Ltd, Breg Inc, and DJO LLC are among the key players operating in the US orthotic aids market.

The report segments the US orthotic aids market as follows:

The US orthotic aids market is divided on the basis of product type, application, type of supplier, and distribution channel. Based on product type, the orthotic aids market is segmented into body belts, braces, and others. The orthotic aids market, by application, is segmented into ligament injury repair, preventive care, osteoarthritis, compression therapy, and others. The orthotic aids market, by type of supplier, is segmented into branded and unbranded. The orthotic aids market, by distribution channel, is segmented into online and offline.

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