The global market for orthotic devices, orthotic splints, and orthopedic braces and supports is poised for steady expansion, with its value expected to rise from an estimated USD 8.5 billion in 2024 to USD 12.9 billion by 2034. This growth, reflecting a compound annual growth rate (CAGR) of 4.2%, highlights the market’s resilience and innovation-driven …
Tag Archives: and Orthopedic Braces and Support Market
Global Orthotic Devices, Orthotic Splints, and Orthopedic Braces and Support Market Poised for Remarkable Growth with 4.8% CAGR Through 2032
The global orthotic devices, orthotic splints, and orthopedic braces and support market is set to witness robust expansion, with a projected Compound Annual Growth Rate (CAGR) of 4.8% from 2022 to 2032. This remarkable growth trajectory reflects the increasing demand for advanced orthotic solutions, fueled by demographic trends, rising prevalence of chronic illnesses, and advancements …