Orthotic Devices Market
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ORTHOTIC DEVICES MARKET (2014 -2020) BY TYPE (KNEE BRACES & SUPPORTS, ANKLE BRACES & SUPPORTS UPPER EXTREMITY BRACES & SUPPORTS AND OTHERS), BY APPLICATION (INJURIES, CHRONIC DISEASES, DISABILITIES, PEDIATRICS) AND BY GEOGRAPHY www.industryarc.com
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Orthotic devices are the externally applied orthopedic devices that are used to correct abnormalities or to alleviate the pain in the human musculoskeletal system. These devices are fitted to the patient’s affected body part and it functions in different ways based on its design to provide the desired effect.
Transcript of Orthotic Devices Market
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ORTHOTIC DEVICES MARKET (2014 -2020)
BY TYPE (KNEE BRACES & SUPPORTS, ANKLE BRACES & SUPPORTS UPPER EXTREMITY BRACES & SUPPORTS AND OTHERS), BY APPLICATION (INJURIES, CHRONIC DISEASES, DISABILITIES, PEDIATRICS) AND BY GEOGRAPHY
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TABLE OF CONTENTS
1 List Of Tables
2 List Of Figures
3 Executive Summary
4 Orthotic Devices- Market Overview
4.1 Introduction
4.2 Classification
4.2.1 Orthotic Devices Market Classification, By Method Of Manufacturing
4.2.2 Orthotic Devices Market Classification, By Type Of Device
4.2.3 Orthotic Devices Market Classification, By End-User Applications
5 Orthotic Devices Market Landscape
5.1 Market Share Analysis
5.1.1 Comparative Analysis
5.1.2 Product Benchmarking
5.1.3 Patent Analysis
5.1.4 Top Five Financials Analysis
6 Global Orthotic Devices Market Forces
6.1 Market Drivers
6.1.1 Increasing Demand For Orthotic Devices Due To The Rapidly Aging Population
6.1.2 Growing Incidence Of Chronic Diseases To Drive The Growth Of Orthotics Market
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6.1.3 Rapid Urbanization And Associated Lifestyle Diseases Drive The Demand For Orthotic Supports
6.1.4 Increasing Awareness Among Physically Challenged To Spur The Adoption Of Orthotic Devices
6.1.5 Increased Focus On Improving Quality Of Life
6.1.6 Innovations In Production And Modeling Technologies
6.1.7 Growing Awareness Towards Orthopedic Ailments
6.1.8 Rise In Sports Injuries To Drive The Sales Of Braces And Supports
6.2 Market Restraints
6.2.1 Cultural Inhibitions To Restrict Large-Scale Use Of Orthotics
6.2.2 High Cost Of Custom-Made Orthotic Devices
6.2.3 Growth In Minimally Invasive Surgeries To Dampen The Use Of Orthotic Devices
6.3 Market Challenges
6.3.1 Healthcare Budget Restraints To Challenge The Growth Of Orthotic Device Market
6.3.2 Poor Healthcare Reimbursement And Payment Models To Hamper The Adoption Of Orthotics
6.3.3 Alliance Of Market Leaders To Create Significant Growth, But Poses Challenges For Smaller Companies
6.4 Attractiveness Of The Global Orthotic Devices Market
6.4.1 Power Of Suppliers
6.4.2 Power Of Customers
6.4.3 Threat Of New Entrants
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6.4.4 Threat Of Substitution
6.4.5 Degree Of Competition
7 Global Orthotic Devices Market Startup Scenario
8 Global Orthotic Devices Market Government Regulations
8.1 North America 8.2 Europe 8.3 Asia-Pacific 8.4 Rest Of The World
9 Global Orthotic Devices Market Strategic Analysis
9.1 Value Chain Analysis
9.2 Pricing Analysis
9.3 Opportunity Analysis
9.3.1 Prospective Customer Base To Drive The Growth Of Asian Orthotics Market
9.3.2 Need For Quality Healthcare In Mena Region Holds Potential For Growth Of Orthotic Devices
9.3.3 3d Imaging To Revolutionize The Orthotic Devices Market
9.4 Product Life Cycle Analysis
10 Global Orthotic Devices Market Classification
10.1 Global Orthotics Devices Market By Method Of Manufacturing
10.1.1 Prefabricated Over-The-Counter (Otc) Orthotic Devices
10.1.2 Custom Orthotic Devices
10.2 Global Orthotics Devices Market By Type Of Device
10.2.1 Knee Braces And Supports
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10.2.2 Ankle Braces And Supports
10.2.3 Upper Extremity Braces And Supports
10.2.4 Spinal Braces And Supports
10.3 Global Orthotics Devices Market By End-User
10.3.1 Injuries
10.3.2 Chronic Diseases
10.3.3 Support Applications
10.3.4 Disabilities
10.3.5 Pediatrics
11 Global Orthotic Devices Market Geographical Analysis
11.1 North America
11.1.1 United States
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 United Kingdom
11.2.2 Germany
11.2.3 France
11.2.4 Italy
11.2.5 Spain
11.3 Asia-Pacific
11.3.1
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11.4 Rest Of The World
11.4.1 Brazil
11.4.2 South Africa
11.4.3 Saudi Arabia
11.4.4 Russia
12 Orthotic Devices Market Entropy
12.1 Most Preferred Strategy Inorganic Growth
12.1.1 New Product Launches
12.1.2 Mergers &Acquisitions
12.1.3 Partnerships
12.1.4 Business Expansion
13 Global Orthotic Devices Market - Company Profiles
13.1 Acor Orthopaedic, Inc.
13.2 Aextrex Worldwide, Inc.
13.3 Bledsoe Brace Systems, Inc. - United Orthopedic Group
13.4 Deroyal Industries, Inc.
13.5 Djo Inc.
13.6 Alcare CO. LTD.
13.7 Aspen Medical Products, Inc.
13.8 Basko Healthcare B.V.
13.9 Bauerfeind Ag
13.10 Becker Orthopedic Appliance Co.
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13.11 Biomet Inc.
13.12 Breg Inc.
13.13 Bsn Medical Gmbh & Co.
13.14 Dm Orthotics Ltd.
13.15 Hanger Prosthetics & Orthotics Inc.
13.16 ssur Hf
13.17 Ottobock Holding Gmbh & CO. KG
13.18 Townsend Design
13.19 Tynor Orthotics Pvt. Ltd.
13.20 Zimmer Holdings Inc.
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INSIGHTS
Mayo Clinic and Otto Bock teamed up to create an electronic stance control KAFO, called the Sensor Walk.
Orthema CAD/CAM technology is the latest technology that is being used to design and manufacture the custom orthosis devices. It is a Swiss made technology.
European population of around 200 million suffer from foot and ankle disablilities. European health services spend $407m every year on these issues.
A new powered lower limb orthotic device will be introduced into the European market in 2015 and into the US market by 2016 introduced by Parker Hannifin in the year 2014.
It is a new category of wearable robotic devices for people suffering from mobility impairments.
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RESEARCH METHODOLOGY
The quantitative and qualitative data collected for the Orthotic Devices report is from a
combination of secondary and primary sources. Research interviews were conducted with senior
executives and/or managers of leading gear oil solution providers. These Key Opinion Leaders
(KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their
operations, performance, strategies and views on the overall market, including key developments
and technology trends. Data from interviews is consolidated, checked for consistency and
accuracy, and the final market numbers are again validated by experts. The global market was
split by Categories, Applications and geography based on different factors like primary and
secondary sources, understanding of the number of companies operating in each segment and
also KOL insights.
We have used various secondary sources such as directories, articles, white papers, newsletters,
annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and
collect information for extensive technical and commercial study of the Orthotic Devices market.
The key players in the market and its value chain were identified through secondary research and
their market opinions were also gathered in a similar way through telephonic interviews and
questionnaires. We have also studied the annual reports of these top market players. Interviews
with key opinion leaders such as directors, managers, and marketing personnel were used
extensively in understanding the need and emergence of Orthotic Devices market.
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THE ARC ADVANTAGE
An analytical model lies at the core of our process, ensuring logical consistency throughout
our research. We complement the model with secondary data and interviews with industry
experts to reflect the latest trends. With our final expert validation, we provide you with
only the most accurate and actionable intelligence.
THE ARC PROCESS
ANALYTICAL MODEL BASE MODEL CONSOLIDATED MODEL ARC MODEL
Analytical Method
Base Method Consolidation Method
Delphi Verification
1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model
1. Get a top-down estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years 4. Build the Base model
1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model
1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model
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ABOUT US
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TABLE OF CONTENTSOrthotic Devices Market (2014 -2020)By Type (Knee Braces & Supports, Ankle Braces & Supports Upper Extremity Braces & Supports and Others), By Application (Injuries, Chronic Diseases, Disabilities, Pediatrics) and By GeographyINSIGHTSRESEARCH METHODOLOGYTHE ARC ADVANTAGEABOUT US
