A highly detailed report, titled, “Ligament Stabilizer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026,” has been added by MarketResearchReports.biz to their vast repository.
Albany, NY -- (SBWIRE) -- 03/05/2018 -- Based on the report, the market is projected to grow impressively because of soaring knees, shoulder, and ankle injury incidences. These injuries which badly affect ligaments in the respective parts, thereby boosting the need for ligament stabilizers.
A substantially high need for bracers and supports especially in case of knee, feet, and ankles, is a chief factor contributing towards higher product sales in the global ligament stabilizer market. Apart from other body parts, cruciate ligaments form a significant skeletal portion of knees. Knee braces and supports are pivotal for treating injuries caused to the cruciate ligaments. Knee braces witness maximum utilization as compared to other braces and supports. Hence, these are decisive for improved performance of the global ligament stabilizer market. Steady technological advancements in the field of ligament reconstruction and adoption of various supporting devices too are prime elements bolstering the market.
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From a sales perspective, ligament stabilizers are rapidly sold from hospital pharmacies. This is mainly because of easier accessibility and affordable prices, as compared to the retail distribution channel. However, forthcoming years are prophesized to depict higher device sales originating from retail and online platforms. In this way, accessibility and affordability provided by hospital pharmacies have managed to prove beneficial for a better market future. An overall rise in accidents across the entire globe has been registered, which are mainly caused during driving, building constructions, and sports activities. The chances of ligaments to get injured during these accidents is very high, thus demanding treatment. Hence, such accident occurrences are prime drivers for the global ligament stabilizer market.
Most players in the global ligament stabilizer market are focusing on expanding their regional as well as global presence. To do this, chief strategies being employed are extensive production of stabilizers, coupled with rampant marketing techniques to improve sales. With a rapid increase in cases where ligament ruptures and tears occur, many companies are swiftly trying to meet the growing demands for ligament stabilizers. Understanding how the anatomy of injured body parts works, along with analyzing the biomechanics of damaged ligament parts also are prime areas, where businesses in the market are expected to imparting a lot of focus. DeRoyal Industries, Inc., BSN Medical GmbH, Bauerfeind AG, THUASNE SA, Breg, Inc., DJO Global Inc., 3M Company, and Otto Bock Healthcare GmbH are some of the chief companies operating in the global ligament stabilizer market.
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The global ligament stabilizer market is divided into many segments based on product type, injury type, sales channel, and region. Under product type, foot and ankle braces & supports, spinal orthoses, wrist & hand braces & supports, knee braces & supports, and shoulder braces & supports, are the chief segments. Of these, knee braces and supports have grabbed a leading spot due to soaring incidences of injuries where knee ligaments need to be treated. Using these braces and supports helps surgeons to reconstruct and rehabilitate the ligaments. Region-wise, the global ligament stabilizer market is spread across North America, Europe, Latin America, Middle East and Africa, Asia Pacific except Japan, and Japan. Of these, North America shows maximum occurrences of ligament damage among people. This is mainly due to a high participation in extensive physical fitness activities, sporting events, and other outdoor pursuits, which increases the chances for injuries to occur. Ligament stabilizer devices made and sold in North America are of better quality than those sold in other regions. This also has led towards a good performance of the global stabilizer devices market in this region.
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