Increasing aging population is driving the North American Orthopedic Braces & Support System market

The North American orthopedic braces & support system market report defines and segments the North American market with analysis and forecast of revenue. The North American Orthopedic Braces & Support System is pegged at $1,541.8 million 2014 and is estimated to grow to around $1,911.3 million by 2019, at a developing CAGR of 4.4% % from 2014 to 2019.

Browse through the TOC of the North American Orthopedic Braces & Support System market. It provides a glimpse of the exhaustive segmentation of the market in the same region, and is supported by various tables and figures.

Early buyers will receive 10% customization on this report.Increasing aging population is a main concern in North America. The number of people between the age group of 65 years and above constitutes about 14.0% of the total North American population. This figure is expected to increase by 20.0% by 2030, and will exceed the present number by 56 million. As a result, the risk of various diseases is expected to increase in the country, especially the diseases related to bones.

The market in the U.S. holds largest share in the North American market and is projected to grow at a CAGR of 4.5% from 2014 to 2019.

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This market is segmented and forecasted on the basis of product, and end-user, and geography. Based on product, the North American orthopedic braces & support system market is segmented into knee braces and supports, foot & ankle braces and supports, spinal orthoses, upper extremity soft goods wherein the knee braces and supports segment dominated the market, and is estimated to reach $804.0 million by 2019. The market based on end-user is segmented into orthopedic clinics, hospitals, and other end-users. The orthopedic clinics segment dominated the market, and is estimated to reach $672.4 million by 2019.

This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market including major companies which are into orthopedic braces & support systems.

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