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The Middle East and Africa Orthotic Devices market is considerably inspired by the excessive occurrence of musculoskeletal issues in the vicinity. Conditions such as osteoarthritis, rheumatoid arthritis, and accidents in musculoskeletal devices contribute to a significant patient population, riding the demand for Orthotic Devices for rehabilitation and assistance. The growing number of orthopedic surgical procedures in the Middle East and Africa contributes to the demand for Orthotic Devices for postoperative care. Orthotics play an important position in helping recovery, providing balance, and stopping complications after orthopedic methods, influencing market increase. The getting old demographic inside the Middle East and Africa is a key market aspect. For a while, the population's superiority of age-related musculoskeletal conditions and the need for orthotic devices for mobility and help growth shaped the overall demand for orthotic answers in the place.
Ongoing innovations in the orthotic generation, which include the improvement of lightweight and customizable gadgets, play a pivotal position in the market. Technological advancements beautify the consolation, capability, and person-friendliness of Orthotic Devices, contributing to improved adoption and market growth. The prevalence of diabetes within the vicinity contributes to the demand for Orthotic Devices, particularly for dealing with diabetes-associated foot complications. Government tasks geared toward improving healthcare infrastructure and addressing the desires of individuals with musculoskeletal conditions impact the Orthotic Devices market. Investments in rehabilitation offerings and support for people with disabilities make contributions to elevated accessibility to orthotic solutions. Trauma and orthopedic injuries resulting from injuries or conflicts are tremendous market factors. The need for Orthotic Devices inside the rehabilitation and recovery system for people with injuries or amputations drives the demand for orthotic solutions in emergency and trauma care.
The incorporation of Orthotic Devices in sports activities and health sports impacts the market. Athletes and health fans use orthotics for damage prevention, overall performance enhancement, and up-exercising restoration, growing a spot market inside the broader Orthotic Devices landscape. Economic improvement and expanded healthcare spending definitely impact the Orthotic Devices market. Improved economic conditions contribute to higher healthcare infrastructure, increased entry to scientific interventions, and more suitable affordability of orthotic solutions, influencing market growth. Adherence to stringent regulatory requirements and certifications is essential within the Orthotic Devices market. Manufacturers ensuring compliance with safety and first-class standards affect purchasing choices via healthcare companies and establishments, contributing to the general reliability of Orthotic Devices within the market.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | Â 9.30% (2024-2032) |
Orthotic Devices Market Highlights:
Middle East And Africa Orthotic Devices Market Overview
Middle East and Africa Orthotic Devices Market Size was valued at USD 0.5 Billion in 2023. The Global Middle East and Africa Orthotic Devices industry is projected to grow from USD 0.6 Billion in 2024 to USD 3.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.30% during the forecast period (2024 - 2032). Support, braces or splints which are to prevent, support, align or to correct the functioning of movable parts of the body like knee, shoulder, wrist, neck, etc. are known as orthotic. These devices are used to change the structural features of neuromuscular and skeletal system. These devices help to improve the functioning of injured body parts. The main function of these devices is to support the back, joints, limbs and muscles and help them to regain their functionality again so the one can carry out day to day activities smoothly.
Orthotic devices are mainly use to overcome traumatic injuries and restore the body parts. These devices help to relieve inflammation of joints and speed up healing of damaged body parts. Individuals with muscular dystrophy, spinal bifida and scoliosis and joint injuries need orthotic devices for support and rehabilitation. These devices are sometimes used for implantation in patients requiring amputation of limbs.
The Middle East and Africa Orthotic Devices market is growing steadily because of the rising prevalence of lifestyle diseases like diabetes and obesity, ageing population and other foot injuries. The Middle East and Africa Orthotic Devices market is expected to reach USD 0.5 Billion in 2023 from USD 3.3 Billion in 2032 with a CAGR of approximately 9.30%.
Study Objectives of Orthotic Devices Market:
- To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Middle East and Africa Orthotic Devices market
- To provide insights about factors affecting the Middle East and Africa Orthotic Devices market growth
- To analyze the orthotic devices market based on various factors - price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the Middle East and Africa Orthotic Devices market segments and sub-segments with respect to Middle East & Africa.
- To provide country level analysis of the market with respect to the current Middle East and Africa Orthotic Devices market size and future prospective
- To provide country level analysis of the market for segments by type, by end users and its sub-segments
- To provide overview of key players and their strategic profiling in the Middle East and Africa Orthotic Devices market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the Middle East and Africa Orthotic Devices market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Middle East and Africa Orthotic Devices market.
Middle East and Africa Orthotic Devices Market, by Type, 2016 (%):
According to type, orthotic devices market is segmented as orthopedic braces and support (upper extremity including shoulder, neck, elbow, wrist and spinal and lower extremity including knee, ankle and hip) and orthotic splints (upper extremity splints and lower extremity splints).
Key Players for Orthotic Devices Market:
Some of the Key Players in Middle East and Africa Orthotic Devices market are: Alvimedica (Turkey), Saudi Pharmaceutical Industries & Medical Appliances Corporation (Saudi Arabia), Itamar Medical (Israel), Alshifa Medical Syringes Manufacturing Co. (Saudi Arabia) and Jamjoon Hospital Supply (Saudi Arabia).
Segments:
Middle East and Africa Orthotic Devices market has been segmented on the basis of types comprising of orthopedic braces and support and Orthotic splints; by anatomical area supported, by material used, by application and by end users. In Middle East and Africa, orthotics market is segmented into regions namely Middle East, Africa and rest of Middle East and Africa on the basis of end users which consists of sports, medical use and others.
Regional Analysis of Orthotic Devices Market:
In Middle East, Saudi Arabia and United Arab Emirates are the key regions for orthotic devices market. Saudi Arabia is the largest market for Orthotic devices. The Saudi Arabia market for orthotic devices is expected to grow at a CAGR of 7.0% and is expected to reach at US$ 100 million by the end of the forecasted period. This is due to increasing prevalence of diabetic patients, obesity and change in lifestyle. United Arab Emirates is the second-largest market for Orthotic Devices which is expected to grow at a CAGR of 5.8%. Africa shows slow growth in this market. The report for Middle East and Africa Orthotic Devices market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Intended Audience
- Orthotic devices manufacturers
- Orthotic devices Suppliers
- Research and Development (R&D) Companies
- Academic Medical Institutes and Universities
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