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27-Feb-2025

Orthopedic Braces & Support, Casting & Splints Market Outlook to Exceed USD 12.7 Billion by 2034 | Analysis by TMR

The global orthopedic braces & support, casting & splints market is set for robust expansion as increasing musculoskeletal disorders, advancements in synthetic materials, and heightened orthopedic health awareness propel market growth across key regions.

The global orthopedic braces & support, casting & splints market was valued at US$ 6.2 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2034, reaching over US$ 12.7 billion by the end of the forecast period.

Analysts’ Viewpoint: Meeting the Demands of an Aging and Active Population

The orthopedic market is witnessing significant momentum as the prevalence of musculoskeletal disorders—including osteoporotic fractures and sports-related injuries such as ACL tears—continues to rise. With more than 200 million women worldwide suffering from osteoporosis and over 10 million individuals affected in the United States alone, the need for effective orthopedic supports is more critical than ever. Moreover, the rapid development of lightweight and durable synthetic materials like fiberglass is replacing traditional plaster, offering enhanced patient comfort, faster recovery times, and improved mobility.

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Market Introduction: Addressing Growing Musculoskeletal Challenges

As musculoskeletal problems become increasingly prevalent—whether due to age-related conditions or sports injuries—the demand for orthopedic braces, supports, castings, and splints is surging. Modern synthetic materials, including fiberglass, polyester/cotton knit, and thermoplastics, have revolutionized the treatment landscape by providing better mechanical properties and patient comfort compared to conventional plaster casts. This trend is especially pronounced in regions with aging populations and high incidences of fractures and orthopedic surgeries.

Key Market Drivers

  • Advancements in Orthopedic Product Materials and Technologies:
    Modern synthetic materials such as fiberglass are now three times stronger and significantly lighter than conventional plaster, enabling improved mobility and shorter recovery periods. Enhanced materials like polyurethane resins offer faster setting times and better radiolucency for seamless X-ray examinations. Innovations in breathable, hypoallergenic materials and custom-molded thermoplastics further elevate patient comfort and compliance.
  • Awareness and Early Diagnosis of Osteoporosis and Osteoarthritis:
    The rising global awareness and early detection of conditions such as osteoporosis and osteoarthritis, particularly among the elderly, are driving demand. In the U.S., over 10 million individuals are affected by osteoporosis, with forecasts indicating that this number will reach 14 million adults over 50 in the near future. Similarly, Europe is experiencing a projected 50.6% increase in its elderly population over the next 25 years, amplifying the need for advanced orthopedic supports.
  • Durable, Comfortable, and Effective Alternatives:
    Orthopedic braces and supports offer significant advantages over traditional casts. Products composed of fiberglass bandages and thermoplastic materials not only enhance structural integrity and mobility but also reduce the risk of skin maceration and other complications, thereby improving overall patient outcomes.

Regional Outlook: North America Dominates the Landscape

Leading Region: North America
North America continues to dominate the orthopedic braces & support, casting & splints market due to its high incidence of osteoporosis and sports-related injuries. In the United States, where over 10 million individuals suffer from osteoporosis and more than 22.3 million orthopedic surgical operations were recorded in 2017, the demand for innovative orthopedic solutions is particularly robust. Additionally, the substantial annual expenditure on sports injury treatments further underscores the region's market leadership.

Analysis of Key Players

The competitive landscape is marked by strategic initiatives such as acquisitions, product launches, and technological innovations. Prominent market players include:

  • 3M
  • Zimmer Biomet Holdings, Inc.
  • Stryker Corporation
  • Spencer Italia S.r.l.
  • Össur Corporate
  • BSN medical GmbH
  • DeRoyal Industries, Inc.
  • DJO Global
  • Orfit Industries n.v.
  • Prime Medical, Inc.

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Key Developments

May 2022: DJO Global acquired Outcome-Based Technologies' hip and knee bracing portfolio, enhancing its DonJoy brand with the addition of Excyabir hip braces and CryoKnee knee braces.

May 2020: Össur launched the Unloader One X Knee Brace—a lightweight, low-profile device featuring a patented 3-Point Leverage System designed to reduce pain and improve function in osteoarthritis patients.

Global Orthopedic Braces & Support, Casting & Splints Market Snapshot

Market Segmentation

By Product:

Casting Supplies & Equipment:

Plaster Casts, Casting Tapes, Cast Cutters, Casting Tools and Accessories

Splinting Supplies & Equipment:

Fiberglass Splints, Plaster Splints, Other Splints, Splinting Tools and Accessories

Orthopedic Braces and Supports:

Upper Extremity, Shoulder, Neck, Elbow, Wrist, Spinal, Low Extremity, Knee, Ankle, and Hip Braces and Supports

By Material:

Metal, Fabric, Thermoplastic, Others (e.g., Fiberglass / Polyester Casting Tape)

By Application:

Fracture Management, Ligament Injury Support, Osteoarthritis Aid, Post-operative Care, Others (e.g., Kyphosis, Scoliosis)

By Distribution Channel:

Orthopedic Clinics, Hospitals, Over-the-Counter (OTC), E-commerce

By Regions Covered:

North America, Latin America, Europe, Asia Pacific, Middle East & Africa

By Countries Covered:

U.S., Canada, Germany, U.K., France, Italy, Spain, China, India, Japan, Australia & New Zealand, Brazil, Mexico, South Africa, GCC Countries

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Frequently Asked Questions

What was the global market value of orthopedic braces & support, casting & splints in 2023?
The market was valued at US$ 6.2 billion in 2023.

What is the forecast market value by 2034?
The market is expected to exceed US$ 12.7 billion by 2034.

What is the expected CAGR during the forecast period (2024–2034)?
The market is projected to grow at a CAGR of 6.8%.

Which region is currently the market leader?
North America dominates the market, driven by a high prevalence of osteoporosis, sports-related injuries, and a robust healthcare infrastructure.

What are some key advancements driving market growth?
Innovations in synthetic materials—such as fiberglass and thermoplastics—along with heightened awareness and early diagnosis of musculoskeletal disorders, are key growth drivers.

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Orthopedic Braces & Support, Casting & Splints Market Outlook to Exceed USD 12.7 Billion by 2034 | Analysis by TMR

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Last Updated: 28-Feb-2025