Global Orthopedic Braces & Support Casting & Splints market will reach 7890 million US$ by the end of 2025


Publisher: QYResearch
Published Date: 2019/8/5

The growing prevalence of sports injuries to ankle and foot are expected to drive the growth of the global orthopedic braces, support, casting, & splints market around the world. Rising elderly population and increasing obese population are also boosting the growth of the market. Geriatric population is mainly prone to joint pains due to osteoporosis, arthritis, and other medical conditions. In addition, rising obesity is also expected to cause orthopedic injuries that will require treatment for joints and ligaments. Furthermore, key players are constantly making efforts to use new technologies and materials to enhance braces that serve patient needs. All of these factors will collectively create lucrative opportunities for the market in the coming years.

According to this report, the global orthopedic braces & support casting and splints market is estimated to grow to US$7890 mn by the end of 2025 from US$5320 mn in the year 2018. The market is expected to register a moderate CAGR of 5.8% between 2019 and 2025.

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https://www.qyresearch.com/index/detail/1077737/global-orthopedic-braces-amp-support-casting-amp-splints-industry-research-report-growth-trends-and-competitive-analysis-2019-2025
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