Europe Orthopedic Braces And Supports Market Size & Outlook

The orthopedic braces and supports market in Europe is expected to reach a projected revenue of US$ 1,947.7 million by 2030. A compound annual growth rate of 6.5% is expected of Europe orthopedic braces and supports market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,256.4
Forecast, 2030 (US$M)
$1,947.7
CAGR, 2024 - 2030
6.5%
Report Coverage
Europe

Europe orthopedic braces and supports market highlights

  • The Europe orthopedic braces and supports market generated a revenue of USD 1,256.4 million in 2023.
  • The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
  • In terms of segment, braces & supports type was the largest revenue generating product in 2023.
  • Braces & Supports Type is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 1,256.4 million
Market revenue in 2030USD 1,947.7 million
Growth rate6.5% (CAGR from 2023 to 2030)
Largest segmentBraces & supports type
Fastest growing segmentBraces & Supports Type
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBraces & Supports Type, Pain Management Products
Key market players worldwideDeRoyal, Ottobock, Enovis Corp, Orthofix Medical Inc, Ossur, McDavid, Bauerfeind, Hely & Weber

Other key industry trends

  • In terms of revenue, Europe region accounted for 28.3% of the global orthopedic braces and supports market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,814.6 million by 2030.

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Orthopedic Braces And Supports Market Companies

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Europe orthopedic braces and supports market size, by country, 2017-2030 (US$M)

Europe Orthopedic Braces And Supports Market Outlook Share, 2023 & 2030 (US$M)

Europe orthopedic braces and supports market size, by country, 2017-2030 (US$M)

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