Orthotic Devices Orthotic Splints And Orthopedic Braces And Support Market research Healthy Pace throughout the Forecast during 2015 – 2025

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VALLEYCOTTAGE, N.Y. - Orthotic can be defined as the support, brace, orsplint used to support, prevent, align, or to correct the functioning ofmovable body parts such as neck, shoulder, wrist, knee and etc.

These devices are used to change the functioning andstructural features of the neuromuscular and skeletal system. The medical fieldwhich deals with the design and manufacturing of these devices is known asOrthotics.

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The orthotic devices are mainly used to overcome fromthe traumatic injury, congenital condition or disabling illness. This deviceshelps the individuals with cerebral palsy, multiple sclerosis, musculardystrophy, spina bifida and scoliosis, and also for those who are sufferingfrom spinal cord injuries or amputations.

Orthotic Devices - Orthotic Splints and Orthopedic Braces andSupport Market: Drivers and Restraints

Presently, orthotic devices globalmarket is driven by the aging population, increasing in the number of incidenceof disabilities, growing rate of chronic and lifestyle disease.

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Orthotic Devices market is driven by the agingpopulation around the globe, increased focus on improving quality of life,rapid innovations in production and modeling technologies, growing awarenesstowards orthopedic ailments and rise in sports injuries. However, growinghealthcare budget, poor healthcare reimbursement and payment models, andconsolidation of market leaders act as a major barrier for the growth of thismarket.

Orthotic Devices - Orthotic Splints and Orthopedic Braces andSupport Market: Segmentation

Orthotic devices market is segmented into followingtypes:

  • Orthopedic Braces and Support
  • Upper Extremity Braces and Support Shoulder Braces and SupportNeck Braces and Support Elbow Braces and Support Wrist Braces and SupportSpinal Braces and Support
  • Low Extremity Braces and Support Knee Braces and Support AnkleBraces and Support Hip Braces and Support
  • Orthotic Splints Upper Extremist Splints Lower Extremist Splints

Orthotic Devices - Orthotic Splints and Orthopedic Braces andSupport Market: Overview

With rapid innovations in production and modelingtechnologies and growing awareness towards orthopedic ailments and rise insports injuries. The global Orthotic devices market is expected to have ahealthy growth rate in the forecast period (2012-2025).

Orthotic Devices - Orthotic Splints and Orthopedic Braces andSupport Market: Region-Wise outlook

Depending on geographic regions, global orthoticdevices/orthotic splints and braces market is segmented into seven key regions:North America, South America, Eastern Europe, Western Europe, Asia Pacific,Japan, and Middle East & Africa.

North America held largest share in the globalorthotic devices market followed by Europe and Asia Pacific. The developingnations in Asia pacific, Middle East and Africa hold huge potential for growthin the global orthotic device market, owing to developing economies andtechnological advances

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Orthotic Devices - Orthotic Splints and Orthopedic Braces andSupport Market: Key Players

Some of the key participating players in the orthotic devicesglobal market are DeRoyal Industries, Otto Bock Holding GmbH& Co.,Bauerfeind AG, DJO Inc. and others.

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