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Mexico Orthopedic Braces & Supports Market Overview, 2028


Orthopaedic braces and supports are devices that are used to support and protect the muscles, joints, and bones of the body. They are commonly used by people who have suffered injuries, have chroni... もっと見る

 

 

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Summary

Orthopaedic braces and supports are devices that are used to support and protect the muscles, joints, and bones of the body. They are commonly used by people who have suffered injuries, have chronic pain, or have a physical disability. Mexico has a rapidly ageing population, with an increasing number of people over the age of 60. This demographic group is more likely to experience conditions such as osteoarthritis and require orthopaedic braces and supports for joint pain and mobility support. Furthermore, chronic diseases such as diabetes and obesity are on the rise in Mexico, which can contribute to the development of musculoskeletal conditions and increase the need for orthopaedic braces and supports. Moreover, accidents and trauma cases can result in injuries that require orthopaedic braces and supports to aid in the healing process and provide support during recovery. In addition, Mexico is becoming an increasingly popular destination for medical tourism, with many patients travelling from other countries to receive medical treatment. This includes orthopaedic braces and supports, which are often more affordable in Mexico than in other countries. Furthermore, like many other countries, Mexico is facing an increasing problem of sedentary lifestyles and obesity. This can lead to a higher incidence of musculoskeletal problems, such as back pain and joint problems, which may require orthopaedic braces and supports for treatment and management.

According to the research report "Mexico Orthopedic Braces & Support Market Overview, 2028," published by Bonafide Research, the Mexico Orthopedic Braces & Support market is projected to reach market size more than USD 259.31 Million by 2028. The Mexican orthopaedic braces and supports market is growing due to the growing demand for innovative and technologically advanced products. Manufacturers are increasingly incorporating features such as lightweight materials, adjustable sizing, and moisture-wicking fabrics to enhance comfort and improve overall performance. In addition, there is a growing trend towards the development of personalized and customized braces and supports, with manufacturers offering custom sizing and materials to meet the specific needs of individual patients. Furthermore, Mexico has seen a significant increase in chronic diseases such as osteoarthritis, osteoporosis, and rheumatoid arthritis, which has resulted in a higher demand for orthopaedic braces and supports. According to a report by the World Health Organization (WHO), the prevalence of osteoarthritis in Mexico has increased by 20% in the last decade. Moreover, patients in Mexico are increasingly opting for non-surgical treatments for orthopaedic conditions such as sprains, strains, and joint pain. This has led to a higher demand for braces and supports that can provide support and stability to the affected area and help in the healing process.

The orthopaedic braces and supports market in Mexico is experiencing significant growth, with knee braces and supports being the dominant product segment. Knee braces and supports are widely used to treat a variety of knee conditions, such as osteoarthritis, ligament tears, and knee instability. Furthermore, the growth of knee braces and supports in Mexico is contributing to the rising incidence of knee injuries and osteoarthritis. Knee injuries, especially among athletes, are quite common in Mexico. In addition, technological advancements and innovations in knee braces and supports are further contributing to their popularity in Mexico. For instance, companies are now offering knee braces and supports that are made with lightweight and breathable materials, providing improved comfort and durability. Some knee braces and supports are even equipped with sensors and mobile apps that allow patients to monitor their progress and track their rehabilitation.

However, the hand and wrist braces and supports market in Mexico is experiencing a significant surge in demand, with increasing awareness and education about the benefits of using these devices. Patients are also looking for more comfortable and effective solutions to manage their symptoms and improve their overall quality of life. Furthermore, in the Mexican market, there is the development of new materials and designs for hand and wrist braces and supports. Manufacturers are now focusing on producing more lightweight and breathable materials that are more comfortable to wear for extended periods. For instance, some of the materials commonly used in the production of hand and wrist braces and supports in Mexico include neoprene, spandex, polyester, and nylon. In addition, manufacturers are also incorporating materials such as gel and silicone into their products to provide additional cushioning and reduce pressure points on the hands and wrists.

Hospitals and surgical centers are one of the major distribution channels for orthopaedic braces and supports in Mexico. These facilities purchase braces and supports in bulk to be used during surgeries, treatments, and rehabilitation. Hospitals and surgical centres typically purchase directly from manufacturers or through authorized distributors. For instance, hospitals and surgical centres in Mexico like Hospital Ángeles, Hospital General de México, Hospital Espaol, and Centro Medico ABC Furthermore, e-commerce platforms are a growing distribution channel for orthopaedic braces and supports in Mexico. Online marketplaces provide a convenient and accessible way for customers to purchase braces and supports from the comfort of their own homes. E-commerce platforms often partner with manufacturers or authorized distributors to ensure the authenticity and quality of the products. For instance, e-commerce platforms in Mexico like MercadoLibre, Amazon, Linio, and Walmart. In addition, pharmacies and retailers offer a variety of braces and supports for different body parts, making them more accessible to the general public. For instance, pharmacies and retailers in Mexico like Farmacias Guadalajara, Farmacias del Ahorro, Walmart, and Liverpool.

Bracing and support products are used to effectively manage orthopaedic disorders and diseases, with physicians and orthopaedic surgeons deeming these products clinically necessary in certain cases. However, patients do not qualify for bracing products in some cases (depending on the severity of the disease and its side effects, as well as the patient's physiology and age). Orthopaedic braces and supports can be expensive, especially for those who do not have health insurance or government assistance. This can make it difficult for many people to afford these devices, limiting their access to treatment. Furthermore, health insurance plans and government programs may not cover the full cost of orthopaedic braces and supports, which can make it difficult for patients to access these products. This can also limit the financial viability of manufacturers and retailers in the market. Moreover, many people in Mexico may not be aware of the benefits of orthopaedic braces and supports or may not know where to access them. This can limit the demand for these products and prevent people from receiving the care they need.

Considered in this report
• Geography: Mexico
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Mexico Orthopedic Braces & 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

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 listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report 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 conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Orthopedic Braces & 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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Table of Contents

Table of Contents

1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Mexico Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Mexico Orthopedic Braces & Supports Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product
6.3. Market Size and Forecast By Distribution Channel
7. Mexico Orthopedic Braces & Supports Market Segmentations
7.1. Mexico Orthopedic Braces & Supports Market, By Product
7.1.1. Mexico Orthopedic Braces & Supports Market Size, By Knee Braces and Supports, 2017-2028
7.1.2. Mexico Orthopedic Braces & Supports Market Size, By Ankle Braces and Supports, 2017-2028
7.1.3. Mexico Orthopedic Braces & Supports Market Size, By Foot Walkers and Orthoses, 2017-2028
7.1.4. Mexico Orthopedic Braces & Supports Market Size, By Hip, Back, And Spine Braces and Supports, 2017-2028
7.1.5. Mexico Orthopedic Braces & Supports Market Size, By Shoulder Braces and Supports, 2017-2028
7.1.6. Mexico Orthopedic Braces & Supports Market Size, By Elbow Braces and Supports, 2017-2028
7.1.7. Mexico Orthopedic Braces & Supports Market Size, By Hand & Wrist Braces and Supports, 2017-2028
7.1.8. Mexico Orthopedic Braces & Supports Market Size, By Facial Braces and Supports, 2017-2028
7.2. Mexico Orthopedic Braces & Supports Market, By Distribution Channel
7.2.1. Mexico Orthopedic Braces & Supports Market Size, By Hospitals and Surgical Centres, 2017-2028
7.2.2. Mexico Orthopedic Braces & Supports Market Size, By Orthopedic Clinics, 2017-2028
7.2.3. Mexico Orthopedic Braces & Supports Market Size, By Pharmacies & Retailers, 2017-2028
7.2.4. Mexico Orthopedic Braces & Supports Market Size, By E-commerce platforms, 2017-2028
7.2.5. Mexico Orthopedic Braces & Supports Market Size, By Other End Users, 2017-2028
8. Mexico Orthopedic Braces & Supports Market Opportunity Assessment
8.1. By Product, 2023 to 2028
8.2. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures

Figure 1: Mexico Orthopedic Braces & Supports Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product
Figure 3: Market Attractiveness Index, By Distribution Channel
Figure 4: Porter's Five Forces of Mexico Orthopedic Braces & Supports Market

List of Table

Table 1 : Influencing Factors for Global Orthopedic Braces & Supports Market, 2022
Table 2: Mexico Orthopedic Braces & Supports Market Size and Forecast By Product (2017, 2022 & 2028F)
Table 3: Mexico Orthopedic Braces & Supports Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 4: Mexico Orthopedic Braces & Supports Market Size of Knee Braces and Supports (2017 to 2028) in USD Million
Table 5: Mexico Orthopedic Braces & Supports Market Size of Ankle Braces and Supports (2017 to 2028) in USD Million
Table 6: Mexico Orthopedic Braces & Supports Market Size of Foot Walkers and Orthoses (2017 to 2028) in USD Million
Table 7: Mexico Orthopedic Braces & Supports Market Size of Hip, Back, And Spine Braces and Supports (2017 to 2028) in USD Million
Table 8: Mexico Orthopedic Braces & Supports Market Size of Shoulder Braces and Supports (2017 to 2028) in USD Million
Table 9: Mexico Orthopedic Braces & Supports Market Size of Elbow Braces and Supports (2017 to 2028) in USD Million
Table 10: Mexico Orthopedic Braces & Supports Market Size of Hand & Wrist Braces and Supports (2017 to 2028) in USD Million
Table 11: Mexico Orthopedic Braces & Supports Market Size of Facial Braces and Supports (2017 to 2028) in USD Million
Table 12: Mexico Orthopedic Braces & Supports Market Size of Hospitals and Surgical Centres (2017 to 2028) in USD Million
Table 13: Mexico Orthopedic Braces & Supports Market Size of Orthopedic Clinics (2017 to 2028) in USD Million
Table 14: Mexico Orthopedic Braces & Supports Market Size of Pharmacies & Retailers (2017 to 2028) in USD Million
Table 15: Mexico Orthopedic Braces & Supports Market Size of E-commerce platforms (2017 to 2028) in USD Million
Table 16: Mexico Orthopedic Braces & Supports Market Size of Other End Users (2017 to 2028) in USD Million

 

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