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SOURCE Research and Markets
DUBLIN, October 30, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/ntjqqv/global_orthopedic) has announced the addition of the "Global Orthopedic Bracing and Supports Market 2012-2016" report to their offering.
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The analysts forecast the Global Orthopedic Bracing and Supports market to grow at a CAGR of 4.66 percent over the period 2012- 2016. One of the key factors contributing to this market growth is the increasing global aging population. The Global Orthopedic Bracing and Supports market has also been witnessing an increased preference for non-invasive treatment. However, the presence of alternative treatment options could pose a challenge to the growth of this market.
The key vendors dominating this space include Biomet Inc., Bledsoe Brace Systems, DeRoyal Industries Inc., DJO Global, and Ossur hf.
The other vendors mentioned in this report are BSN Medical Gmbh, Hanger Inc., Orthofix International N.V., and Zimmer Holdings Inc.
Commenting on the report, an analyst from the team said: There is an increasing preference for noninvasive healthcare treatments by patients these days. A medical treatment procedure is referred to as noninvasive when no incision into the body is required and there is no contact with the mucosa or removal of any tissue. The treatment does not cause an operative trauma to the patient unlike an equivalent invasive procedure. It is less expensive and causes less pain, aids in speedy recovery, and reduces the incidence of post-surgical complications such as adhesions. Orthopedic braces and supports are the most preferred treatment options among masses suffering from musculoskeletal disorders compared with orthopedic surgeries. For example, arthroscopic surgery can be useful in patients with ankle arthritis, but ankle braces are more preferred to prevent trauma and pain associated with surgeries.
According to the report,one of the major drivers is the increasing aging population. The aged population is suffering from debilitating diseases such as osteoarthritis, degenerative disc disease, and spondylitis, which has resulted in the rise in the demand for orthopedic braces and supports.
For more information visit http://www.researchandmarkets.com/research/ntjqqv/global_orthopedic
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