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Pediatric Ankle Orthoses Market Analysis (2020-2027)

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Pediatric Ankle Orthoses Market Analysis (2020-2027)

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. PEDIATRIC ANKLE ORTHOSES MARKET ANALYSIS (2020-2027) • Pediatric Ankle Orthoses Market, by Product Type (Elastic Ankle Braces, Light Support, Moderate Support, Extra Support, and Others), by Application (Plantar Fasciitis, Flatfoot, Ankle Sprain, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3. An orthoses is an external device which supports and enhances the body alignment, reduces the pain and protects a joint or limb from further deformity. Orthoses can be custom molded and custom fitted according to the requirement. These devices are classified under durable medical devices (DME) and require L-codes for insurance reimbursement. For the reimbursement of such devices, a prescription signed by the physician is required. • The global pediatric ankle orthoses market is estimated to be valued at US$ 222.1 million in 2020 and is expected to exhibit a CAGR of 6.8% over the forecast period (2020-2027).

  4. Fig 1. Pediatric Ankle Orthoses Market Value, By Region, 2020 (US$ Mn)

  5. The increasing incidence of injuries and trauma that require surgical procedures is expected to boost the growth of the pediatric ankle orthoses market • Skeletal immaturity in pediatric patients leads at a greater risk of physical fractures than ligament tears, which may cause physical impairment and disability. The rising disability and injuries among the pediatric population is expected to increase demand for pediatric ankle orthoses and thereby drive the market growth during the forecast period. For instance, according to an article published by the University of Western States, the prevalence of ankle sprains in children was around 2.85 per 1,000 exposures in 2014. • However, common problems such as redness in areas due to incorrect application, incorrect fit of AFO, change in body shape, sweaty skin reduces the compliance of such devices and is expected to restrain the market growth during the forecast period.

  6. Fig 2. Pediatric Ankle Orthoses Market Value, 2020 & 2027 (US$ Mn)

  7. Pediatric Ankle Orthoses Market - Regional Analysis • North America held the dominant position in the global pediatric ankle orthoses market in 2019 owing to the increasing number of disability cases in the region. For instance, the American Community Survey (ACS) 2016 estimated that 12.8% of the U.S. population has disabilities. Also, according to the Disability Statistics Annual Report of 2017 by the Institute of Disability/UCED, around 0.7% of the U.S. population aged below 5 years had some form of disability in 2016. • Moreover, the rising prevalence of independent living disability in the region is expected to propel the market growth during the forecast period. For instance, according to the Disability Statistics Annual Report of 2017 from the Institute of Disability/UCED, the prevalence of Independent Living in the U.S. increased from 4.4% to 4.5% for 2013 and 2016.

  8. Key Players: • Major players operating in the global pediatric ankle orthoses market are Orthomerica, Restorative Care of America (RCAI), ING Source, Inc., DJO, LLC, Ottobock, Ortho Europe, Invent Medical, Boston Orthotics & Prosthetics, Allard USA Inc., Surestep, and Trulife.

  9. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference: https://www.coherentmarketinsights.com/market-insight/pediatric-ankle-orthoses-market-3785

  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

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