Orthopedic Orthotics

Global Orthopedic Orthotics Market to Reach US$5.8 Billion by 2030

The global market for Orthopedic Orthotics estimated at US$4.0 Billion in the year 2024, is expected to reach US$5.8 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2024-2030. Lower-Limb Orthotics, one of the segments analyzed in the report, is expected to record a 6.8% CAGR and reach US$2.2 Billion by the end of the analysis period. Growth in the Upper-Limb Orthotics segment is estimated at 6.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.0 Billion While China is Forecast to Grow at 9.9% CAGR

The Orthopedic Orthotics market in the U.S. is estimated at US$1.0 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 9.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.7% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Global Orthopedic Orthotics Market - Key Trends and Drivers Summarized

 

The orthopedic orthotic market is primarily driven by the increasing prevalence of musculoskeletal disorders and chronic conditions such as osteoarthritis, osteoporosis, and diabetes. These conditions often require long-term management through supportive devices, leading to a growing demand for orthotics. Additionally, the aging global population is another major factor fueling growth, as the elderly are more susceptible to bone and joint issues.

Technological advancements in the design and manufacturing of custom orthotic devices also play a significant role, allowing manufacturers to deliver more patient-specific, comfortable, and effective solutions. With technological innovations, orthotic devices have seen substantial improvements in functionality and customization. 3D printing and computer-aided design (CAD) enable clinicians to create bespoke devices that fit an individual`s unique anatomy, providing unparalleled comfort and functionality. This approach breaks from the one-size-fits-all tradition, as highly personalized solutions are now the standard. The integration of digital scanning technologies further refines this process, allowing rapid and accurate fitting. Additionally, wearable sensors and smart materials are being incorporated into orthotics to provide real-time monitoring and adapt to changing patient needs. Such advancements have made orthotic devices more attractive to both healthcare providers and patient

Advances in materials science complement these manufacturing innovations. Modern prosthetics and orthotics are now made from lightweight, durable, and comfortable materials that reduce the need for frequent repairs and replacements. There is an increasing emphasis on making orthotic devices more accessible and affordable to a broader population. Growing awareness about the benefits of early intervention and preventive care has led to a surge in demand among younger patients, particularly athletes and fitness enthusiasts. Moreover, emerging markets are becoming significant growth areas due to improved healthcare infrastructure and increasing disposable income. Market players are also focusing on direct-to-consumer distribution channels and innovative pricing strategies to capture these markets and expand their global footprint.

SCOPE OF STUDY:

The report analyzes the Orthopedic Orthotics market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Lower-Limb Orthotics, Upper-Limb Orthotics, Spine Orthotics, Other Products); Application (Neuromuscular & Musculoskeletal Disorders, Fractures, Sports Injuries, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 99 Featured) -

• Ability Prosthetics & Orthotics, Inc.
• Acor Orthopaedic, Inc.
• Advanced Orthodynamics
• Aspen Medical Products, LLC
• Basko Healthcare
• Bauerfeind USA, Inc.
• BioPed Franchising Inc.
• Boundless Biomechanical Bracing, Inc.
• Eickemeyer – Medizintechnik für Tierärzte KG
• Elevation Spine Inc.

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.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.