Impact of Existing and Emerging Orthotic Devices Orthotic Splints and Orthopedic Braces and Support Market Trends and Forecast 2015-2025

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Date Submitted: 02/25/2016 04:45 AM

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Orthotic can be defined as the support, brace, or splint used to support, prevent, align, or to correct the functioning of movable body parts such as neck, shoulder, wrist, knee and etc.

These devices are used to change the functioning and structural features of the neuromuscular and skeletal system. The medical field which deals with the design and manufacturing of these devices is known as Orthotics.

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

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

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

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

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

Orthotic devices market is segmented into following types:

Orthopedic Braces and Support

Upper Extremity Braces and Support

Shoulder Braces and Support

Neck Braces and Support

Elbow Braces and Support

Wrist Braces and Support

Spinal Braces and Support

Low Extremity Braces and Support

Knee Braces and Support

Ankle Braces and Support

Hip Braces...