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France Orthopedic Braces & Supports Market research report, 2028

France Orthopedic Braces & Supports Market research report, 2028

Actual Market Research 30-04-2023 63 Pages Figures : 4 Tables : 16 Region : Europe Country : France Category : Lifescience Medical Devices

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The French orthopaedic braces and supports market is important and growing, driven by an ageing population, increased healthcare spending, and an increasing incidence of orthopaedic injuries and disorders. Furthermore, there is a growing emphasis in the French market on non-invasive treatments for orthopaedic conditions, increased adoption of advanced materials and technologies in brace design, and an increase in the number of sports-related injuries and conditions. French companies are actively involved in research and development of new orthopedic braces and supports, with a focus on incorporating advanced materials and technologies into brace design. For example, Thuasne has developed a range of braces that use 3D printing technology to create custom-fit devices for patients. Orthopaedic braces and supports have a long history in France, dating back to the early 19th century, when physicians and surgeons began to experiment with devices designed to support and immobilise broken limbs and joints. In the beginning, these devices were frequently built of plaster or other materials and were largely used for immobilisation following injuries or procedures. Advances in materials and manufacturing technology have resulted in the development of increasingly sophisticated braces and supports, with an emphasis on improving patient comfort and mobility. Dr. Albert Robin, a French physician, invented a series of braces and supports to treat spine problems such as scoliosis and kyphosis in the early twentieth century. These gadgets, which included metal frames and leather straps, were efficient at relieving pain and improving posture. In the 1960s and 70s, the development of plastics and other synthetic materials led to a new era of orthopedic brace design, with companies such as Gibaud and Thuasne leading the way in France. These companies focused on developing lightweight, flexible braces and supports that were easier to wear and provided better support and protection. According to the research report "France Orthopedic Braces and Supports Market research report 2028," published by Actual Market Research, The France orthopedic braces and supports market is expected to reach size of more than USD 280 Million from 2023 to 2028. The prevalence of osteoarthritis has increased significantly in France, particularly among the elderly. Furthermore, rising rates of obesity and osteoporosis have fueled market growth. As a result, manufacturers are investing heavily in developing user-friendly and performance-enhancing products. Apart from that, the expanding e-commerce sector contributes significantly to market growth. The easy availability of braces and supports on multiple online portals provides consumers with extensive product information and usage guidelines, as well as a large choice of product variants and a hassle-free purchasing experience. Because of these factors, the market is predicted to rise steadily. Orthopedic braces and supports are typically reimbursed by the French national healthcare system, which covers up to 60% of the cost of the device. This ensures that patients have access to these devices regardless of their financial situation. The French National Agency for Medicines and Health Products Safety (ANSM) oversees the safety and efficacy of medical devices sold in the country, including orthopedic braces and supports. This regulatory oversight helps to ensure that devices meet established safety and performance standards. Furthermore, The French government has also invested in rehabilitation services, including physical therapy and occupational therapy, which are often used in conjunction with orthopedic braces and supports to help patients regain mobility and function. There are several events related to orthopedic braces and supports that take place in France throughout the year. SOO congress: The French Society of Orthopedics and Traumatology (SOO) hold an annual congress that brings together healthcare professionals, researchers, and industry experts to share knowledge and best practices in the field of orthopedics. This event includes sessions on various topics related to orthopedic braces and supports, including their design, manufacturing, and clinical applications. Paris Healthcare Week: Paris Healthcare Week is an annual event that brings together healthcare professionals, industry experts, and policymakers to discuss the latest trends and innovations in the healthcare sector. This event includes an exhibition area where companies can showcase their latest products and services, including orthopedic braces and supports. International Congress of French-speaking Arthroscopy Society: This event is focused on the field of arthroscopy, which is a minimally invasive surgical technique used to diagnose and treat joint problems. Orthopedic braces and supports are often used in conjunction with arthroscopic procedures to provide support and protection to the affected joint during the recovery period. FIMATHO Congress: The French Federation of Orthopedics and Traumatology Manufacturers (FIMATHO) hold an annual congress that brings together industry experts and healthcare professionals to discuss the latest developments in orthopedic device manufacturing. This event includes sessions on topics such as materials science, product design, and manufacturing processes, all of which are relevant to the development of orthopedic braces and supports. According to the report, the market is segmented into, Knee Braces and Supports, Ankle Braces and Supports, Foot Walkers and Orthoses, Hip, Back, And Spine Braces and Supports, Shoulder Braces and Supports, Elbow Braces and Supports, Hand & Wrist Braces and Supports, Facial Braces and Supports. Among Knee braces and supports is dominating the market with highest market share. Technology advancements have enabled the creation of knee braces and supports that are more comfortable, effective, and adaptable than ever before. New materials, such as lightweight and breathable textiles, have improved the comfort of braces and supports, while creative design features, including adjustable straps and hinges, have made them more versatile and adaptive to diverse knee ailments. Osteoarthritis is a common condition that affects millions of people in France. Knee braces and supports can help to reduce pain and inflammation associated with knee osteoarthritis by providing compression, support, and alignment to the knee joint. This makes them an attractive treatment option for people with this condition. Based on distribution Channel, the market is segmented into Hospitals and Surgical Centres, Orthopedic Clinics, Pharmacies & Retailers, E-commerce platforms, Other End Users (physiotherapy centers, government regulatory organizations, academic institutes, and CROs, among others). The E-commerce platform is expected to grow with highest CAGR during the anticipated time period. E-commerce platforms offer convenience and ease of access to customers. Customers can browse and purchase orthopedic braces and supports online, from the comfort of their homes, without having to visit a physical store. This is particularly attractive for customers who may have mobility issues or live in remote areas. Some of the E-commerce platforms that distributes orthopedic braces and supports includes Amazon, 1001pharmacies.com, Thuasne.fr, Bracecorner.fr Considered in this report • Geography: France • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • France Orthopedic Braces and Supports market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Knee Braces and Supports • Ankle Braces and Supports • Foot Walkers and Orthoses • Hip, Back, And Spine Braces and Supports • Shoulder Braces and Supports • Elbow Braces and Supports • Hand & Wrist Braces and Supports • Facial Braces and Supports By Distribution Channel • Hospitals and Surgical Centres • Orthopedic Clinics • Pharmacies & Retailers • E-commerce platforms • Other End Users (physiotherapy centers, government regulatory organizations, academic institutes, and CROs, among others) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Orthopedic Braces and Supports industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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