Research Nester published a report titled “Orthopedic Braces and Support Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global orthopedic braces and support market in terms of market segmentation by product, type, application, end-user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global orthopedic braces and support market is anticipated to grow with a CAGR of ~6% during the forecast period, i.e., 2022-2031. The market is segmented by end-user into orthopedic clinics, hospitals, ASCs, over the counter (OTC) and home care setting. Out of these segments, hospital segment is estimated to garner the largest market share by the end of 2031, baked by the rising growth of healthcare industry and increasing number of hospitals globally.
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The global orthopedic braces and support market is estimated to garner a revenue of ~USD 5 billion by the end of 2031, up from a revenue of ~USD 3 billion in year 2021. Rising cases of sports related injuries and increasing prevalence of orthopedic diseases & disorders are expected to fuel the market growth. Moreover, increasing public awareness about preventive care along with greater product affordability and market availability is also estimated to drive the growth of the market during the forecast period.
Geographically, the global orthopedic braces and support market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest market share by the end of 2031, backed by the presence of key manufacturers and rising cases of osteoporosis in the region. Apart from this, the market in Asia Pacific is anticipated to register the highest growth in the coming years.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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Increasing Level of Geriatric Population to Drive the Market Growth
Globally, in 2020, there were approximately 1 billion population aged 60 years and above, which is expected to reach 1.4 billion by 2030, as per data by World Health Organization (WHO).
The increasing growth of elderly is considered to be one of the key drivers of the growth of the market as this population is one of the largest contributors to demand for orthopedic braces and supports. Older people are at greater risk of musculoskeletal disorders, bones and connective tissues that naturally weaken with increasing age, and this factor predicts a higher risk of knee and shoulder injury in older age. Hence such factor is therefore estimated to drive the growth of global orthopedic braces and support market in the coming years.
However, the low awareness about the benefits of orthopedic braces and support is expected to operate as key restraints to the growth of global orthopedic braces and support market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global orthopedic braces and support market which includes company profiling of 3M Healthcare, DJO Global Inc., Breg Inc., OSSUR, Otto Bock Healthcare, Zimmer Biomet Holdings, Inc., Bauerfeind AG, Alcare Company Ltd, Becker Orthopedic, Frank Stubbs Company Inc. and BSN medical Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global orthopedic braces and support market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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A business intelligence report on the global Fiberboard market offers quantitative estimation of the opportunities and qualitative assessment various growth dynamics.
The study highlights estimations of the opportunities in the historical period, and offers several projections during the forecast period.The following are taken into consideration:Historical Period: 2013 – 2017Forecast Period: 2018 to 2028 Key Focus Areas of Report on Global Fiberboard MarketThe study on the Fiberboard market includes detailed market estimations of opportunities in various segments and their share/size globally in each year during the forecast period.
The following are the broad insights that form the backbone of the evaluation of the Fiberboard market.Detailed segmentation to at least two levels based on various parameters that include region, end user/application, and product/technology/service type/modelCurrent valuation of all the key segmentsProjected CAGR of the key segments from 2018 to 2028Qualitative analyses of the growth trajectory of the Fiberboard market year-over-year; these include scrutiny of the key growth dynamics: drivers, restraints, winning imperatives for players, challenges, and opportunitiesProfile of prominent players in the Fiberboard marketStrategies and Recent Moves made by them to consolidate their positionsCOVID-19 disruptions in macroeconomic dynamics that will shape the future contours of the market dynamicsAttractiveness of key product/technology segmentsSegmental Analysis Comprise the following.Based on End-use Industry/Application,ConstructionRoofingSound ProofingExterior SheathingFlooringBased on Product/Technology,HardboardMedium/High Density Fiberboard (MDF/HDF)Based on Region,North AmericaLatin AmericaEuropeJapanAPEJMEATop players includeKronospanNorbord Inc.FINSAEvergreen FiberboardWhat Businesses Can Hope to Get in Business Intelligence on Fiberboard Market?The study insights on the Fiberboard market growth dynamics and opportunities highlights various key aspects, in which crucial ones are:Which are the technology and strategic areas that emerging, new entrants, and established players should focus on keep growing in the industry-wide disruptions that COVID-19 has caused?Which new avenues bear incredible potential during the ongoing COVID-19 lockdown restrictions?Which policies by governments can give the top stakeholders support their efforts of consolidation?What new business models are gathering pace among companies to remain agile in post-COVID-era?Which segments will see a surge in popularity in near future, and what calibrations players need to make to utilize the trend for an elongated period?
Insights and Perspectives that make this Study on Fiberboard Market Stand OutThe analysts who have prepared the report have been keen observers of the dynamism due to macroeconomic upheavals.
Using the best industry assessment quantitative methods and data integration technologies, they have come out with a holistic overview of the future growth trajectories of the Fiberboard market.
Fact-based insights and easy-to-comprehend information based on wide spectrum of market data is what makes this study different from competitors.The following evaluations create a differentiating approach towards understanding the market dynamics and presenting the crux to its readers:The analysts harness rigorous statistical analytical tools combined with their expertise to identify imminent investment pockets in various regions and in various technology segments.The study offers a broad framework for businesses to assess the change in policies on their internal growth dynamics.The study strives to offer a multi-dimensional and inter-industry evaluation of the market impacts on recent mergers and acquisitions, deals and partnerships, and venture funding.The analysts have presented this information in easy-to-understand formats.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
