Market Size

The Global Orthopedic Appliances and Fracture Aids Market reached US$ 20.85 billion in 2024 and is expected to reach US$ 32.30 billion by 2033, growing at a CAGR of 4.7% during the forecast period of 2025-2033.

Orthopedic devices and fracture management tools are medical equipment designed to provide support, stability, and assistance to the musculoskeletal system. These products are primarily used to treat injuries, deformities, and conditions that affect bones and joints. Orthopedic appliances, such as braces, splints, and supports, are devices that serve a specific medical purpose. They are built to withstand repeated use and are not typically useful for individuals without a medical condition. These appliances aim to restrict or eliminate motion in a diseased, injured, weak, or deformed body part, facilitating healing and improving functionality.

Market Dynamics: Drivers & Restraints

Rising Incidence of Orthopedic Disorders

Musculoskeletal conditions, including osteoarthritis, rheumatoid arthritis, and osteoporosis, are becoming more widespread, particularly among the aging population. As per WHO data in July 2022, around 1.71 billion individuals globally suffer from musculoskeletal conditions. These disorders are the primary cause of disability worldwide, with low back pain recognized as the leading cause of disability in 160 countries.

Moreover, the increase in sports participation has led to a rise in sports-related injuries that necessitate orthopedic care. Conditions like tendinopathies and ligament sprains are becoming more prevalent as individuals take part in more physical activities. In addition, advancements in orthopedic treatments and devices, Innovations such as minimally invasive surgical methods and enhanced imaging technologies are improving diagnostic accuracy and treatment efficacy,  driving the market growth.

Major players in the industry are launching innovative products and key developments that would propel this market growth. For instance, in June 2024, Water Orthopedics proudly announced the launch of the WAT950BEF1, a revolutionary pure carbon fibre wheelchair that marks a significant milestone in the company's history. This innovative product is the result of a 5-year dream and a pioneering manufacturing process inspired by advanced technology, making it the industry's first purely carbon fibre wheelchair. All these factors demand the global orthopedic appliances and fracture aids market.

Stringent Regulatory Approvals

One of the key challenges in the global orthopedic appliances and fracture aids market is the stringent regulatory approvals required for product development and commercialization. Since these devices are directly involved in patient care and rehabilitation, they must meet rigorous safety, quality, and performance standards set by health authorities. 

In the United States, for instance, the Food and Drug Administration (FDA) classifies most orthopedic appliances as Class I or Class II medical devices, which require either general controls or premarket notification (510(k)) to demonstrate substantial equivalence to a legally marketed device. In Europe, manufacturers must comply with the Medical Device Regulation (MDR), which enforces more comprehensive documentation, clinical evaluations, and post-market surveillance compared to the previous Medical Device Directive (MDD). Thus, the above factors could be limiting the global orthopedic appliances and fracture aids market's potential growth. 

Market Segment Analysis

The global orthopedic appliances and fracture aids market is segmented based on product type, application, distribution channel, and region.

Product Type:

The belts and braces segment in product type is expected to dominate the global orthopedic appliances and fracture aids market with the highest market share

The belts and braces segment of the orthopedic appliances and fracture aids market includes a range of supportive devices aimed at stabilizing, immobilizing, and assisting in the rehabilitation of musculoskeletal injuries and conditions. Moreover, key players in the market are introducing innovative knee caps, back support belts, &  knee support belts, and key developments in orthopedic services that would drive this segment's growth in the market. 

For instance, in  January 2024, Enovis' DJO subsidiary introduced its new DonJoy Roam OA knee brace, designed for patients suffering from osteoarthritis or experiencing other forms of knee pain and instability. Roam OA represents the company's latest advancement in unloader technology, which aims to alleviate the pressure associated with unicompartmental osteoarthritis by redistributing weight away from the affected knee.

Similarly, in January 2022, Össur introduced the ReLeaf Active knee brace, specifically designed to offer pain relief and support for individuals with osteoarthritis. This brace features a distinctive hinge design that mimics the natural movement of the knee and is constructed from lightweight, breathable materials to ensure comfort for the user. These factors have solidified the segment's position in the global orthopedic appliances and fracture aids market.

Market Geographical Analysis

North America is expected to hold a significant position in the global orthopedic appliances and fracture aids market, with the highest market share

The region is experiencing a significant increase in its elderly population, especially in countries like the U.S. and Canada. This demographic change results in a higher incidence of orthopaedic conditions, such as osteoporosis and arthritis, which in turn boosts the demand for orthopaedic devices and treatments. As more individuals in the North America region engage in sports and physical activities, there has been a rise in sports-related injuries. This trend requires effective orthopaedic solutions, such as braces and supports, to manage these injuries effectively.

Moreover, key player strategies such as partnerships, collaborations, and product approvals help to drive this market growth. For instance, in February 2023, Breg, Inc., a supplier of high-quality sports medicine products based in Carlsbad, California, is expanding its presence in China through a collaboration with Coreal International. The partnership will enable Chinese physicians and patients to access Breg's extensive range of products starting this spring. Breg offers a diverse selection of sports medicine and rehabilitation products, including braces for knees, hips, shoulders, fracture repair, elbows, wrists, spine, feet, and ankles. 

Also, in July 2023, CyMedica Orthopedics rebranded its wearable knee pain treatment as Motive Health and made it available directly to consumers following FDA clearance, allowing anyone experiencing knee discomfort to purchase the device without a prescription. Thus, the above factors are consolidating the region's position as a dominant force in the global orthopedic appliances and fracture aids market.

Major Global Players

The major global players in the orthopedic appliances and fracture aids market include Orthosys, GPC Medical Ltd, United Medicare, Modern Medical Aids, Apothecaries Sundries Mfg. Pvt. Ltd., Samsonorthotics.com, TYNOR ORTHOTICS, Collateral Medical Pvt Ltd, Inc., Aapson Orthotics, GWS Surgicals LLP., and ENOVIS CORPORATION, among others.

Key Developments

  • In December 2023, Tynor Orthotics, a prominent brand in orthopedic appliances, made a strategic investment of Rs 800 crore to establish a state-of-the-art manufacturing facility in Mohali, Punjab. This new facility, equipped with advanced technology, processes, and infrastructure, aims to revolutionize the orthopedic and healthcare landscape in India and beyond.
  • In November 2023, India has recently emerged as a significant supplier of high-quality orthopedic soft goods and has a strong potential to surpass China as the market leader due to the current geopolitical landscape. Foreign markets are actively seeking Indian alternatives in their supply chains, aiming to reduce dependence on any single location following the pandemic.
  • In August 2022, DonJoy introduced the Vizor 120 ankle brace, a lightweight and comfortable orthopedic device designed to offer support and stability for individuals recovering from ankle sprains. This brace features a distinctive air-filled pad that molds to the contours of the ankle, providing a customized fit.  

Why Purchase the Report?

  • Pipeline & Innovations: Reviews ongoing clinical trials and product pipelines and forecasts upcoming advancements in medical devices and pharmaceuticals.
  • Product Performance & Market Positioning: Analyzed product performance, market positioning, and growth potential to optimize strategies.
  • Real-World Evidence: Integrates patient feedback and data into product development for improved outcomes.
  • Physician Preferences & Health System Impact: Examines healthcare provider behaviors and the impact of health system mergers on adoption strategies.
  • Market Updates & Industry Changes: This covers recent regulatory changes, new policies, and emerging technologies.
  • Competitive Strategies: Analyze competitor strategies, market share, and emerging players.
  • Pricing & Market Access: Reviews pricing models, reimbursement trends, and market access strategies.
  • Market Entry & Expansion: Identifies optimal strategies for entering new markets and partnerships.
  • Regional Growth & Investment: Highlights high-growth regions and investment opportunities.
  • Supply Chain Optimization: Assesses supply chain risks and distribution strategies for efficient product delivery.
  • Sustainability & Regulatory Impact: Focuses on eco-friendly practices and evolving regulations in healthcare.
  • Post-market Surveillance: Uses post-market data to enhance product safety and access.
  • Pharmacoeconomics & Value-Based Pricing: Analyzes the shift to value-based pricing and data-driven decision-making in R&D.

 

The global orthopedic appliances and fracture aids market report delivers a detailed analysis with 65 key tables, more than 60  visually impactful figures, and 176 pages of expert insights, providing a complete view of the market landscape.

 

Target Audience 2024

  • Manufacturers: Pharmaceutical, Medical Device, Biotech Companies, Contract Manufacturers, Distributors, Hospitals.
  • Regulatory & Policy: Compliance Officers, Government, Health Economists, Market Access Specialists.
  • Technology & Innovation: AI/Robotics Providers, R&D Professionals, Clinical Trial Managers, Pharmacovigilance Experts.
  • Investors: Healthcare Investors, Venture Fund Investors, Pharma Marketing & Sales.
  • Consulting & Advisory: Healthcare Consultants, Industry Associations, Analysts.
  • Supply Chain: Distribution and Supply Chain Managers.
  • Consumers & Advocacy: Patients, Advocacy Groups, Insurance Companies.
  • Academic & Research: Academic Institutions.