European Orthopedic Braces and Support Systems Market is Estimated to Reach $813.4 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 03, 2015 -- The Europe Orthopedic Braces and Support systems market report defines and segments the concerned market in Europe with analysis and forecast of revenue. This market was valued at $688.5 million in 2014, and is estimated to grow to around $813.4 million by 2019, at a CAGR of 3.4% from 2014 to 2019.
Browse through the TOC of european orthopedic braces and support systems market for an analysis of industry trends and segments, with the help of various tables and figures.
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The purpose of this report is to define, describe, and forecast the European Orthopedic Braces and Support systems market. It includes a deep-dive analysis of market segmentation which comprises of submarkets, products, and end-users.
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The European orthopedic braces and support systems market is the second-largest market in the global orthopedic braces and support systems market. The demand for orthopedic braces and support systems is estimated to increase in future, owing to the increased funding by German government in medical research and life sciences. In addition, the rising awareness level tie-ups by companies with research laboratories and academic institutes will also help in the growth of this market in future.
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The German orthopedic braces & support system market was valued at the highest among all countries in this region with a market size of $180.4 million in 2014. It is expected to reach $215.2 million by 2019, at the highest CAGR of 3.6% among all countries in Europe from 2014 to 2019. France orthopedic braces & support system market is the second-largest market in Europe with a market size of $148.0 million in 2014, and is expected to reach at $175.5 million by 2019, at a CAGR of 3.5% during the forecast period.
This market is segmented and forecast on the basis of products, end-users, and countries. Products include knee brace & support, foot & ankle braces & support, spinal orthoses, and upper extremity soft goods. The countries covered in the report include Germany, France, the U.K., Italy, and Spain.
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 profiles of key market players.
The leading players in the orthopedic braces and support systems market include are Biomet Inc. (U.S.), Bledsoe Brace Systems (U.S.), Bauerfeind AG (Germany), Breg Inc. (U.S.), Chase Ergonomics (U.S), DeRoyal Industries, Inc. (U.S.).
Related Report
North American Orthopedic Braces & Support Systems Market
This report covers definition, description, and forecast for the North American orthopedic braces & support system market. It involves detailed analysis of the market segmentation, which comprises product and end-user. The report also provides the strategic analysis of the key players in this market. Based on type, the North American orthopedic braces & support system market is segmented into knee braces and support, foot & ankle braces and support, spinal orthoses. The knee braces and support segment dominated the market having accounted for a share of 43.0% in 2014. The market based on end-user covers orthopedic clinics, hospitals, and other end-users. The orthopedic clinics segment dominated the market having accounted for a share of 39.1% in 2014.
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