Resource KT
Related Articles
Vaishali Pharma Limited, a Mumbai-based company has launched orthopedic belts. “This product has also entered the overseas market and got great feedback. We have launched our products at a very reasonable price so that every customer can enjoy its features,” the company said.
The company further stated that it demonstrates constant agility and innovation in meeting the needs of its customers in domestic and international markets. Quickly adapting to ever-changing demands, we have become one of the fastest growing organizations in the export of pharmaceutical products across the world, and currently the company has entered the markets of the United States of America by launching its orthopedic belts, etc.
Orthopedic belts have greater ergonomic strength which can help weakened ligaments’ ability to stabilize. It helps maximize a fluid, dynamic approach to abdominal compression, providing spinal stability and control. Belts have heating elements and some have massage capabilities. Heated and massaging back support belts can help relieve back pain.
The global orthopedic devices market reached $39.3 billion in 2020 and the market is then expected to grow at a CAGR of 5% and reach $63.6 billion in 2023. The largest region of the global orthopedic devices market is North America, representing 44% of the market in 2019.
Nearly 50% of people in the United States experience lower back pain each year, making lower back pain one of the most common explanations. People between the ages of 25 and 45 are the most common age group when people report experiencing lower back pain. Not only are people spending money to treat their back pain, but it can also lead to lost wages due to missing work and reduced productivity.
Apart from orthopedic belts, the company is also a major player in the supply of pharmaceutical products such as bulk drugs/APIs, formulations, surgical products, veterinary supplements, herbal and nutraceutical products. The company has launched these products globally in 11 countries including India. The company has also established good partners in nearly 28 countries with more than 150 brands. We have also partnered with many African countries and intend to do so with your organization as well.
The company’s shares are currently trading at Rs37.65, up Rs0.85 or 2.31% from the previous close of 36.80 on the NSE.
