India Orthopedic Appliances And Fracture Aids Market Size, Share, Industry, Forecast and outlook (2024-2031)

India Orthopedic Appliances And Fracture Aids Market is segmented By Product (Belts & Braces, Cervical Aids, Shoulder / Arm & Clavicle Aids, Fracture Aids, Knee Support, Ankle Support, Finger Splints, Lower Limb Prosthesis, Upper Limb Prosthesis, Osseo Integration, Others) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Market Overview

India Orthopedic Appliances and Fracture Aids Market reached US$ 1,350 million in 2023 and is expected to reach US$ 2,950 million by 2031, growing at a CAGR of 7.9% during the forecast period 2024-2031.

Orthopedic appliances are one of these appliances that are used to modify the growth of the maxilla/ mandible. Orthopedic appliances are of three primary types that are utilized to adjust mandibular or maxillary development. It consists of chin cups, face masks, and headgear. Through headgears apply distal force to the maxilla via hooks on a facebow fastened to the maxillary teeth. 

Fracture aids are medical devices or supportive instruments used to treat, recover from, or manage fractures. It includes splints, clutches, orthotics, and wheelchairs among others

Market Scope

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Market Dynamics: Drivers & Restraints

Rising incidence of fractures  

The rising number of bone fractures is expected to increase the demand for these devices. There is a large incidence of fractures in the region which is expected to drive the market growth. 

For instance, according to the report by the National Institute of Health in 2023, it is stated that forearm fractures are common in the pediatric population, with an incidence of around 1 in 100 children each year, and the peak incidence occurs in the 5 to 14 years age group accounting for approximately 34% of the cases. Both bone diaphyseal forearm fractures constitute around 5.4% of all fractures in children under 16 years of age. 

Among adults, a relatively higher incidence is reported between 25 to 34 years of age group. In the forearm fractures, the most common site is at the distal radius or ulna accounting for around 32.9%.

High cost of the customized devices  

Fracture aids and orthopedic appliances can be costly, particularly if they are customized or specialized gadgets. Patients may find it more difficult to get healthcare due to this high cost, especially those who live in developing nations or do not have sufficient insurance coverage. 

Segment Analysis

The India orthopedic appliances and fracture aids market is segmented based on product, age, indication, and distribution channel.

Belts & braces segment is expected to dominate the market share

Belts and braces segment is experiencing a significant portion of the market share. The region is expected to hold the dominant position owing to the increase in musculoskeletal disorders such as arthritis, back pain and sports injuries. These injuries often require recovery time which also requires the use of belts and braces.

The increase in the number of injuries is expected to play a significant role in holding the segment in the dominant position. For instance, every year, approximately 14% of Indians seek medical attention for this joint condition. Additionally, according to a publication by Sports Injury Specialist and Joint Preservation Surgeon at Nexus Day Surgery Centre, it is estimated that injury rates among young athletes have significantly increased during the last 10–15 years. 

Football and cricket players are suffering 500 more knee and ankle injuries. Whereas 400 more people are suffering from anterior cruciate ligament (ACL) injuries. Thus, the above factors are expected to hold the segment in the dominant position.

Market Segmentation

By Product

• Belts & Braces 
• Cervical Aids
• Shoulder / Arm & Clavicle Aids
• Fracture Aids
• Knee Support
• Ankle Support
• Orthopedic Splints
• Others

By Age

• Children
• Adults
• Old Age

By Indication

• Fractures
• Osteoarthritis
• Sports Injuries
• Orthopedic Surgeries
• Others

By Distribution Channel

• Retail Stores
• Hospital Pharmacies
• Orthopedic Clinics
• E-commerce
• Others

Competitive Landscape

The major India players in the market include Tynor Orthotics Pvt Ltd, United Medicare, Narang Medical Limited, GPC Medical Ltd., Osteoplast Wellness Private Limited, Orthosys, Orthopedic Splints, Naugra Medical Lab, GWS Surgicals LLP and R.G SURGICAL among others.

Why Purchase the Report?

• To visualize the India orthopedic appliances and fracture aids market segmentation based on product, age, indication, and distribution channel as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of orthopedic appliances and fracture aids market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The India orthopedic appliances and fracture aids market report would provide approximately 53 tables, 47 figures and 176 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies