Pediatric Ankle Orthoses Market Projected to Deliver Greater Revenues during the Forecast Period

SDKI Inc. published a new report on the Pediatric Ankle Orthotic Market-Global Industrial Analysis and Forecast 2030. This study includes the statistical and analytical approaches needed to grow the pediatric ankle orthotic market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-58578

The pediatric ankle orthotic device market is estimated to grow from a market value of US $ 238.09 million in 2022 to US $ 387.35 million by 2030, with a CAGR of 7.2% during the forecast period. Orthotic devices are external devices that support, strengthen, and reduce pain in body alignment. It also protects joints and limbs from further deformation. Orthotic devices can be custom molded and custom fitted according to your requirements. These devices are classified as Durable Medical Devices (DMEs) and require an L code for reimbursement.

The increased incidence of injuries and trauma requiring surgical intervention is expected to boost the growth of the pediatric ankle orthotic market during the forecast period. Because the skeleton of a pediatric patient is immature, the risk of fracture is higher than that of a ligament rupture, which can lead to disability and disability. Demand for pediatric ankle orthotics is expected to increase due to the increasing disability and injury of the pediatric population. This has the potential to drive growth in this market during the forecast period. In addition, rising government initiatives, technological advances, and product launches by market players are expected to contribute to market growth. Also, the launch of new centers and hospitals to provide corrective services is expected to drive the growth of this market during the forecast period.

However, common problems such as redness of the area due to improper application, improper fit of the AFO, changes in body shape, sweaty skin, etc. have reduced the compliance of such devices and during the forecast period. It is expected to curb market growth.

Market segment

The pediatric ankle orthotic market is divided by type (elastic ankle supporter, extra support, light support, moderate support), application (plantar fasciitis, ankle sprain, flat feet) and region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview

The pediatric ankle orthotic device market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, United Kingdom, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

The North American region dominated the global pediatric ankle orthotic market in 2019. This increase is due to the increase in the number of people with disabilities in the region. In addition, the increased prevalence of independent living disorders in the region is expected to drive market growth during the forecast period.

Key Players on the Market

Key players on the pediatric ankle orthotic device market include Orthomerica, Boston Brace, Ottobock, RCAI, Allard, Bio Skin, Spinal Technology, ING Source, Push, DJO, LLC. The survey includes a detailed competitive analysis, corporate profile, recent developments, and key market strategies for these major companies in the pediatric ankle orthotic market.

About the detailed contents of the survey report
https://www.sdki.jp/reports/pediatric-ankle-orthoses-market-by-type-and-application-global-industry-analysis-forecast-to-2025/58578

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This release was published on openPR.