Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 31.32 Billion | USD 92.85 Billion | 11.48% | 2024 |
FrequentlyAsked Questions
The global orthotic devices market is expected to grow due to Increasing incidence of musculoskeletal disorders and aging population support market growth. Advances in materials and customization enhance adoption.
According to a study, the global orthotic devices market size was worth around USD 31.32 Billion in 2024 and is expected to reach USD 92.85 Billion by 2034.
The global orthotic devices market is expected to grow at a CAGR of 11.48% during the forecast period.
North America is expected to dominate the orthotic devices market over the forecast period.
Leading players in the global orthotic devices market include Hanger Clinic, Ottobock, Conwell Medical Co., Ltd, Boston Orthotics & Prosthetics, DJO, Becker Orthopedic, LeTourneau Prosthetics and Orthotics, ORTHOMERICA PRODUCTS, INC, Acor Orthopaedic, Inc., B BOUNDLESS BIOMECHANICAL BRACING INC., Steeper Inc, Fillauer LLC, Basko Healthcare, Aetrex Worldwide, Inc., Allard USA Inc, Bauerfeind, Breg, Inc, LLC, Aspen Medical Products, LLC, Trulife, and Kinetec Medical Products UK Ltd., among others.
The report explores crucial aspects of the orthotic devices market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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