Orthopedic Braces and Supports Market Booming: Projected to Reach $51 Billion by 2029
Surging Market Value
The global orthopedic braces and supports market has experienced immense growth, reaching an impressive US$43 billion in 2023. This significant market value is attributed to the growing prevalence of musculoskeletal disorders, an aging population, and advancements in medical technology.
Future Projections
The market is poised for continued expansion, with projections of reaching US$51 billion by 2029. This projected growth is driven by factors such as increasing awareness of orthopedic conditions, rising disposable income, and the introduction of innovative products.
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