Adroit Market Research - Industry Insights

Growing burden of mobility restricting maladies such as osteoarthritis besides other musculoskeletal conditions consistently drive growth in orthopedic braces and supports market. Arthritis is a severe condition affecting joints. It is an umbrella terminology encompassing a whole of over hundred diverse conditions, causing astute episodes of pain, inflammation, stiffness and also causing joint deformation. Arthritis chiefly interferes with joints functionality. However, severity of the condition may also manifest into acute conditions of associated organs such as bones, tendons, ligam

Growing burden of mobility restricting maladies such as osteoarthritis besides other musculoskeletal conditions consistently drive growth in orthopedic braces and supports market. Arthritis is a severe condition affecting joints. It is an umbrella terminology encompassing a whole of over hundred diverse conditions, causing astute episodes of pain, inflammation, stiffness and also causing joint deformation. Arthritis chiefly interferes with joints functionality. However, severity of the condition may also manifest into acute conditions of associated organs such as bones, tendons, ligaments, and joints. Conditions as such are directly proportional to lowered quality of life amongst patients. Aging population globally continue to be at the forefront of orthopedic deformations, significantly vulnerable to diverse musculoskeletal conditions.

Orthopedic braces and support are specific orthopedic devices that are employed to offer adequate support and stability to the injured bone, ligament, muscle and tendon as a means to offer quick rehabilitation during orthopedic care, post operation treatment as well as in injury management. Orthopedic braces and supports are available in diverse forms and formats targeted for various body organs such as knee, wrist, ankle, leg, neck, back, shoulder and the like.

According to a report by Work Wellness Disability, besides growing aging population, arthritis and other musculoskeletal diseases are also observed amongst younger adults, between the age group, 35-50 years. Factors such as deficient physical activities, rampant rise in obesity, and prevalence of sedentary work culture are significantly adding to disease burden. Lack of awareness also contributes immensely towards inadequate therapeutics initiatives, thereby contributing substantially towards disease burden. These aforementioned factors are likely to manifest tremendous growth potential towards rapid adoption and growth of orthopedic braces and supports market.

A report by Australian Institute of Health and Welfare specifies that approximately 29% of Australians were diagnosed with several musculoskeletal ailments such as arthritis besides other disease types in 2018.Further, a new report also suggests that rapidly growing geriatric population is at considerable risk of having arthritis and musculoskeletal complications. The report further suggests that as geriatric population expands further, adequate treatment measures are to be taken in order to reverse and limit musculoskeletal trauma. Therefore adoption of orthopedic braces and support are integral to limit instances of restricted mobility

Growing Instances of Sports Injuries to Accelerate Adoption During Rehabilitation and Prevention

With advancements in sports activities and magnanimous rise in sports events, there has been recurrent incidences of sports injuries such as knee injuries. Orthopedic braces and support systems are extensively adopted in sports injury recovery. More specifically, prophylactic knee braces are dedicated knee braces that are used as ideal recovery aid as well as a protection gear during intense high risk sports in order to avert knee injuries. These knee braces make for result driven treatment plan for sports injuries. These orthopedic braces and support are directed for optimal pain management, besides ensuring flawless knee functionality with minimum injury risks.

3D Printing to Disrupt Therapeutic Outcome in Orthopedic Braces and Supports Market

Technological milestones and developments are estimated to reflect favorably towards further advances in orthopedic braces and support system. In this light, 3D technology is likely to incur substantial progress in the realm of orthopedic devices. At the backdrop of astronomical spike in orthopedic injuries such as sprains and breaks, the role of 3D printed orthopedic braces and supports such as splints and casts is diverse. Functional scope of orthopedic braces and supports is enigmatic as opposed to conventional options which limit customization, are higher on pricing and limited in design. Besides design superiority, 3D orthopedic braces and supports are more diverse in terms of design and aesthetics as color customization becomes more feasible. Orthopedic braces and supports market therefore is likely to substantially bank upon technological innovations such as 3D printing to entice greater adoption and concomitant growth.

Besides 3D based orthopedic braces and supports, emergence of smart knee braces designed specifically for geriatric needs has been incurring substantial investments in R&D expeditions. Long stretches of same posture such as sitting in the same position for too long may hamper with their normal orthopedic wellness and functionality, leading to weak quadriceps muscles. To overcome this bottleneck, Singapore Institute of Technology is funding a detailed project to assess sit-to-stand posture as well as functionality of quadraceps muscles amongst older adults. The aim is to offer high end smart braces with integrated accelerometer to activate neuromascular electric stimulator in contracting quadriceps muscles aided with embedded electrodes. The development is a significant milestone and is estimated to fetch sustainable revenue pools in orthopedic braces and supports market in the coming years.

On similar lines, Karlsruhe Institute of Technology (KIT) has roped in considerable resources and funding for the development of smart brace, in collaboration with other notable stakeholders such as sensor tech veteran, ITP and University of Bremen, known for diverse orthopedic devices and supports.

Veterinary Orthopedic Pain Management to Propel Million Dollar Opportunities in Orthopedic Braces and Supports System

Besides requisite advances in orthopedic braces and support system being developed for humans, pet care has of-late emerged as the next plausible end-use segment. Owing to gradual rise in orthopedic ailments amongst pets such as dogs, industry forerunners are significantly allocating resources towards animal specific orthopedic braces and support systems. To cite an instance, in a recent development, Animal Ortho Care has announced its successful launch of new age orthopedic support system for dogs.

The development is anticipated to foster sustainable progress in furthering the company's pain management system for animals. This newly launched product under the brand, EMbrace Support is specifically designed to address conditions of arthritis and pain management for aging dogs. Backed by these factors, and advances in veterinary orthopedic pain management, orthopedic braces and support systems market is estimated to remain overtly flourishing.

Additionally, pediatric use is acknowledged as yet another lucrative growth area for orthopedic braces and support systems market. Several medical exhibitions are underway to deliver state-of-the art kids friendly orthopedic braces and support systems for managing orthopedic and spinal needs amongst pediatric population.