Germany Orthopedic Braces And Supports Market Size & Outlook

The orthopedic braces and supports market in Germany is expected to reach a projected revenue of US$ 399.1 million by 2030. A compound annual growth rate of 6% is expected of Germany orthopedic braces and supports market from 2024 to 2030.
Revenue, 2023 (US$M)
$265.2
Forecast, 2030 (US$M)
$399.1
CAGR, 2024 - 2030
6%
Report Coverage
Germany

Germany orthopedic braces and supports market highlights

  • The Germany orthopedic braces and supports market generated a revenue of USD 265.2 million in 2023 and is expected to reach USD 399.1 million by 2030.
  • The Germany market is expected to grow at a CAGR of 6% 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.

Orthopedic braces and supports market data book summary

Market revenue in 2023USD 265.2 million
Market revenue in 2030USD 399.1 million
Growth rate6% (CAGR from 2023 to 2030)
Largest segmentBraces & supports type
Fastest growing segmentBraces & Supports Type
Historical data2017 - 2022
Base year2023
Forecast period2024 - 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, Germany accounted for 6.0% of the global orthopedic braces and supports market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK orthopedic braces and supports market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 130.9 million by 2030.

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Orthopedic Braces And Supports Market Companies

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

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

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

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