Press Release

South Africa Orthopaedic Braces and Supports Market to Grow at a CAGR of 5.30% During 2024-2032, Aided by the Increasing Prevalence of Musculoskeletal Disorders

South Africa Orthopaedic Braces and Supports Market

According to a new report by EMR titled, ‘South Africa Orthopaedic Braces and Supports Market Report and Forecast 2024-2032’, the market attained a value of nearly USD 13.88 billion in 2023. The industry is further expected to grow at a CAGR of 5.30% between 2024 and 2032 to reach almost USD 18.89 billion by 2032.

The South Africa orthopaedic braces and supports industry is being driven by the rising musculoskeletal issues among consumers. This can be associated with the growing geriatric population in the region as well as the rising incidences of road traffic accidents. Further, a growing focus on improving physical health among the population is also projected to contribute to the market growth in the coming years, with the increased adoption of orthopaedic supports and treatments. Moreover, the growing investments in the development of medical facilities in the region are also estimated to add to the market growth in the forecast period.

 

The rising demand for orthopaedic preventive care solutions among consumers is projected to bolster the market growth. This is being supported by the growing working population with sedentary lifestyle and bad sitting posture due to the increased screen time. In this regard, a wide range of orthopaedic braces and supports is available across online platforms such as Amazon (NASDAQ: AMZN) that can help reduce the discomfort in various body parts. Consumers are increasingly seeking preventive solutions to mitigate the risk of injuries or ailments. These factors are expected to positively impact the growth of the orthopaedic braces and supports industry in South Africa in the forecast period.

 

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Market Breakup by Product, Type, Application, End Use, and Region:

  • The market is divided, based on product, into lower extremity braces and supports, spinal braces and supports, upper extremity braces and supports, and others.
  • On the basis of type, the market can be distributed into soft and elastic braces and supports, hinged braces and supports, hard and rigid braces and supports, and others.
  • Based on application, the industry is segregated into ligament injury, preventive care, post-operative rehabilitation, osteoarthritis, and others.
  • The industry is segmented, on the basis of end use, into orthopaedic clinics, hospitals and surgical centres, over-the-counter (OTC) platforms, and others.

 

Key Findings of the Report:

  • The South Africa orthopaedic braces and supports industry is being driven by the rising musculoskeletal issues among consumers.
  • The increased demand for orthopaedic preventive care solutions to mitigate the risk of injuries has significantly contributed to the market expansion.
  • Increased expenditure by the government in the development of the healthcare infrastructure is also aiding the industry growth.
  • The rising geriatric population is further propelling the market growth.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the South Africa market for orthopaedic braces and supports for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the products, types, applications, end uses, and major regions of orthopaedic braces and supports.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the South Africa orthopaedic braces and supports market are Orthoworx, DJO, LLC, Össur hf, DU TOIT ORTHOPAEDICS INC, Johan Nieman Prosthetics & Orthotics, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

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