Lumbosacral Orthosis Brace Market

LUMBOSACRAL ORTHOSIS BRACE MARKET REPORT OVERVIEW

The global Lumbosacral Orthosis Brace Market Size was USD 408.42 million in 2024 and the market is projected to touch USD 550.46 million by 2031, exhibiting a CAGR of 5.10% during the forecast period.

Lumbosacral Orthosis Brace is a spinal brace which is used to offer support and stability to the lower back and sacral regions. The brace restricts motion in the lumbar and sacral regions of the spine. The LSO consists of the full or some parts of the lumbar regions. These braces compress the abdomen and lumbar spine regions tightly. It corrects the sideways bend of the spine. They provide a posture to the spine and the stress can be adjusted through laces or by the back of the belt. LSO braces are of different types: soft and rigid braces. It is used in the healing process after spinal fractures and to support the spine surgery.

The high requirement for LSO braces by the end-users help in expanding the market. The advanced technology in the medical field is encouraging producers to make innovative devices. The growing risk and number of incidence, the demand is getting higher by the consumers and professionals for safer devices and increases the market growth.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic affected the business and market immensely. The hospitals and healthcare centers were occupied by the infected patients and the virus dominates other surgeries. The availability of doctors was limited and forced to cancel numerous appointments. This factor had impacted on demand and the market growth. While the hope is that as the situation improves, the market will recover, the immediate impact of the pandemic has been a roadblock for distribution systems.

"Customizable and Adjustable Orthotic Devices to Propel Market Growth"

One of the key market trends in the LSO market that propel the market growth is the shifting of customized and adjustable orthotic devices to better cater individual patient needs. Manufacturers are focusing on developing LSOs that are more comfortable, breathable, and lightweight, thus improving patient compliance and overall treatment outcome

LUMBOSACRAL ORTHOSIS BRACE MARKET SEGMENTATION

By Type

Based on type the market can be categorized into Soft Brace & Rigid Brace.

• Soft Brace: Soft braces are made of flexible materials such as neoprene or elastic, and they provide gentle support to the lower back.
• Rigid Brace: Rigid braces are made of hard plastic and metal, and they provide more rigid support to the spine to patients who are suffering severe spinal.

By Application

Based on application the market can be categorized into Adult & Children

• Adult: The LSO braces are used for adult individuals to prevent the progressiveness and provide support and pain relief.
• Children: The LSO braces are used for children to prevent curves in the spine as the child grows. The growing children whose curve is more than 20 degrees are using fulltime braces.

"Growing Prevalence of Spinal Illness to Drive the Market Advancement"

It is one of the key driving factors for the Lumbosacral Orthosis Brace Market Growth due to increasing prevalence of spinal illness and growing consciousness of the significance of spine health. The necessity for back braces as a preventive and curative measure is rising as the population ages and becomes more sedentary. The spinal diseases includes lower back pain and concerns related to posture

"Advanced Technology and Rising Awareness of Orthosis Braces to Expand the Market"

Another impulsion factor for the growth of the market is the adopting advanced technology and rising awareness of the orthosis braces in the public. The advancement in technologies is rapidly adopted by the manufacturers for producing innovative orthosis braces. These innovative braces offer comfort along with smart features. The rising awareness in the public of the braces attracted users towards these support and posture correction braces and helped in market growth.

"Widespread Usage of Pain Drugs to Impede the Market Growth"

The most important restraining factor that impedes the market growth is widespread usage of pain drugs by the patients. The use of prescribed drugs for curbing pain is increasing in demand as people seek more effective, cost-efficient and fast-acting treatments for their back pains and injuries along with other medical conditions. The painkillers tend to reduce the pain associated with spinal movement, making people seek rapidly calming drugs instead of steady portable body braces.

LUMBOSACRAL ORTHOSIS BRACE MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America Dominates the Market due to Presence of robust Healthcare infrastructure"

The North America region is dominating the Lumbosacral Orthosis Brace Market Share due to the presence of great healthcare infrastructure. Canada and the U.S. are major contributors to increase the market share. There are many reasons which make this region dominant such as adoption of technology, healthcare facilities, medical resources, and others. The growing number of elderly population who drive the market supports in increasing the market share. The Asia Pacific region is also witnessing significant growth due to increasing infrastructure and expenditure on healthcare services.

"Key Players Transforming the Lumbosacral Orthosis Brace Landscape through Investment on R&D and Strategy Partnership"

Many prominent industry players are operating in this market focused on providing high innovative support and solutions by investing in R&D. However, there are many companies in the market that use some techniques such as merger, acquisitions, partnership and using new advanced technologies for producing and developing new products and stay ahead in the market.

• Otto Bock (Germany)
• Ossur (Iceland)
• Proteor (France)
• Breg (U.S.)
• Hanger Clinic (U.S.)
• Blatchford (U.K.)
• Trulife (Ireland)
• Bauerfeind AG (Germany)
• Spinal Technology (U.S.)
• Deroyal Industries (U.S.)
• DJO Global (U.S.)

May 2022: Spinal technology Inc. partnered with Vorum Research Corporation to strengthen its business in the North America region.

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global lumbosacral orthosis brace market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.