Orthopedic Braces & Support, Casting and Splints

Global Orthopedic Braces & Support, Casting and Splints Market to Reach US$10.1 Billion by 2030

The global market for Orthopedic Braces & Support, Casting and Splints estimated at US$6.9 Billion in the year 2024, is expected to reach US$10.1 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2024-2030. Orthopedic Braces & Supports, one of the segments analyzed in the report, is expected to record a 6.5% CAGR and reach US$5.6 Billion by the end of the analysis period. Growth in the Casting Supplies & Equipment segment is estimated at 6.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.2 Billion While China is Forecast to Grow at 8.2% CAGR

The Orthopedic Braces & Support, Casting and Splints market in the U.S. is estimated at US$2.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 8.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.3% and 5.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Global Orthopedic Braces & Support, Casting and Splints Market - Key Trends and Drivers Summarized

Orthopedic braces, supports, casting, and splints are medical devices designed to stabilize and protect body parts following injuries like fractures, sprains, or certain chronic conditions such as osteoarthritis. These devices help in immobilizing joints, promoting proper alignment, and reducing pain, which aids in faster recovery. Orthopedic braces and supports range from simple designs such as wrist bands and ankle wraps to more complex structures like knee braces and spinal orthoses. Castings and splints are commonly used in emergency care and postoperative recovery, offering temporary to prolonged stabilization depending on the severity of the injury or the necessity for surgical intervention. Their designs and materials have evolved significantly, incorporating lightweight, durable, and skin-friendly materials to enhance comfort and functionality.

The demand for orthopedic braces and supports is largely driven by the global increase in sports injuries, the aging population, and the prevalence of musculoskeletal disorders. As physical activity and sports participation increase across all age groups, so does the incidence of injuries requiring rehabilitation support. Additionally, the world`s aging population is susceptible to conditions like arthritis and osteoporosis, increasing the need for supportive care to maintain mobility and quality of life. Modern technology has also influenced product innovation, leading to the development of smarter, more adaptive devices capable of providing not just support but also therapeutic benefits, such as those equipped with sensors to monitor healing progress.

The growth in the orthopedic braces and supports market is driven by several factors, including technological advancements in fabrication and materials, increased accessibility to orthopedic care in emerging markets, and a heightened awareness of the benefits of preventive bracing. Innovations such as 3D printing and the use of advanced polymers have enhanced the comfort and effectiveness of these devices. Additionally, expanding healthcare infrastructure and growing health expenditures in developing countries have made these critical supports more accessible to a broader audience. Finally, as individuals become more informed about the importance of injury prevention and maintenance of bone health, the demand for orthopedic braces, supports, casting, and splints continues to rise, reflecting a collective move towards proactive personal healthcare.

SCOPE OF STUDY:

The report analyzes the Orthopedic Braces & Support, Casting and Splints market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Orthopedic Braces & Supports, Casting Supplies & Equipment, Splinting Supplies & Equipment); Distribution Channel (Orthopedic Clinics, Hospitals, Over-the-Counter, Online)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 146 Featured) -

• Aetna, Inc.
• Bird & Cronin, LLC.
• Active Ankle Systems, Inc.
• Ability Prosthetics & Orthotics, Inc.
• Bauerfeind AG
• BREG, Inc.
• Alcare Co., Ltd.
• Corflex Inc.
• BioPed Franchising Inc.
• BraceAbility
• BioMetrics Prosthetic and Orthotic CT
• Bio-medical Carbon Technology Co., Ltd.
• Advanced Orthopaedics
• Cleverlearn Inc..
• Breo-USA

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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