Global Orthopedic Accessories Market Overview 2024, Forecast To 2033
17 Jan, 2024
The orthopedic accessories market has demonstrated steady growth, increasing from $3.36 billion in 2023 to $3.48 billion in 2024, featuring a 3.5% CAGR. Historical expansion is attributed to an aging population, orthopedic injuries, rehabilitation, and a surge in lifestyle and fitness trends. Expecting sustained growth, the market is projected to reach $3.92 billion in 2028, reflecting a 3.0% CAGR. Anticipated growth is underpinned by the expansion of emerging markets, supportive regulatory frameworks, technological innovation, and a transition towards value-based healthcare. Key trends include the rise of smart orthopedic accessories, an increased emphasis on eco-friendly materials, heightened patient engagement, and the integration of tele-rehabilitation and remote monitoring.
Global Orthopedic Accessories Market Key Driver
An increase in medical cases due to road and sports accidents drives the Orthopaedic Accessories market. Accidents lead to bone and muscle tissue injuries, necessitating orthopedic accessories like knee braces and hip supports. With 20-50 million non-fatal injuries from road accidents globally and over 3.5 million children injured in sports annually, the demand for orthopedic accessories rises.
Get A Free Sample Of The Global Orthopedic Accessories Market ReportGlobal Orthopedic Accessories Market Segments
The orthopedic accessories market covered in this report is segmented –
1) By Type: Bone Cement, Casting System, Removal System
2) By Application: Hip, Knee, Spine
3) By End User: Hospital, Orthopedic Clinic, Trauma Fixation Center
By Geography: The regions covered in the orthopedic accessories market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in the global orthopedic accessories devices equipment market in 2023. Western Europe was the second-largest region in the orthopedic accessories devices equipment market. The regions covered in the orthopedic accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Orthopedic Accessories Industry Players
Stryker Corporation, Zimmer Biomet Holdings Inc., DePuy Synthes Companies, Smith and Nephew PLC, McDavid, Aesculap Implant System, Conmed Corporation, Donjoy, NuVasive, Medtronic plc, Schock Doctor, Rehband, Nordic Lifting, BioSkin, Bauerfeind AG, Futuro, Ultra Flex Athletics, EVS Sports, Neo G, NatraCure, United Ortho, Corflex Cryo, DJO Global, Arthrex, Tecres SpA, Heraeus Holding and Teknimed, OsteoRemedies, Enovis, Globus Medical, Orthofix Medical (Orthofix-SeaSpine), 4Web Medical, OrthoPediatrics, SeaSpine Orthopedics, Acumed LLC, Bioventus Surgical, Integra LifeSciences, Medline Industries Inc., MicroPort Orthopedics Inc.
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Orthopedic Accessories Market Overview
Orthopedic accessories refer to the products that are used to fix or remove implants from the body.
Orthopedic Accessories Global Market Report 2023 provides data on the global orthopedic accessories market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The orthopedic accessories market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.