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OTC Braces And Supports Market to Surpass at a Value of $2.03 billion by 2026

According to Stratistics MRC, the Global OTC Braces and Supports market is accounted for $1.16 billion in 2017 and is expected to reach $2.03 billion by 2026 growing at a CAGR of 6.4%. Growing number of aging population, rising incidence of orthopedic diseases & disorders, growing knowledge on orthopedic support systems, rapid growth in affordability and accessibility of OTC orthopedic braces and rise in number of accident related injuries and sports related injuries are some factors helping the market to compete across the globe.

On the contrary, lack of awareness and high cost of products are some restraints hindering the market growth. Moreover, rising acceptance of E-commerce platforms will provide significant opportunities for the market over the forecast period.

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On the basis of end user, orthopedic clinics segment is expected to account for the largest market share owing to patients giving less preference to visit hospitals for acute musculoskeletal problems. They prefer availing products of OTC. As OTC products decrease the time and assist quick treatment for damaged parts of muscles and joints.

By geography, North America dominated the global market due to increasing knowledge levels related to orthopedic support systems that supports mobility and prevent further injury. Moreover, there is a high risk of osteoporosis among US population owing to their huge population of obese and geriatric people.

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Some of the key players profiled in this market include McDavid Knee Guard, Inc., Globus Medical, Bledsoe Brace Systems, Alcare Company Ltd., Langer Biomechanics, FLA Orthopedics, Inc., DeRoyal Industries, Inc., Otto Bock Healthcare GmbH, DJO Global, Inc., OPPO Medical Inc., Frank Stubbs Co., Inc., Bauerfeind AG, Össur Corporate, Johnson&Johnson, Breg, Inc., Stryker Corp., Medtronic PLC, Zimmer Biomet, Smith and Nephew and Weber Orthopedic Inc.

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Sales Channels Covered:

Hospitals & Orthopedic Clinics

Pharmacies & Retailers

E-Commerce Platforms

 

Products Covered:

Upper Extremity Braces and Supports

OTC Lower Extremity Orthopedic Braces & Supports

 

Applications Covered:

Osteoarthritis Care

Injury Rehabilitation

Post Operative Care

Ligament Injury

Preventive Care

Cold Bracing

Other Applications

 

End Users Covered:

Hospitals

Over the Counter (OTC)

Orthopedic Clinics

Other End Users

 

Regions Covered:

North America

US

Canada

Mexico

Europe

Germany

U.K.

Italy

France

Spain

Rest of Europe

Asia Pacific

Japan

China

India

Australia

New Zealand

South Korea

Rest of Asia Pacific

South America

Argentina

Brazil

Chile

Rest of South America

Middle East & Africa

Saudi Arabia

UAE

Qatar

South Africa

Rest of Middle East & Africa

 

Table of Content

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global OTC Braces And Supports Market, By Sales Channel

6 Global OTC Braces And Supports Market, By Product

7 Global OTC Braces And Supports Market, By Application

8 Global OTC Braces And Supports Market, By End User

9 Global OTC Braces And Supports Market, By Geography

10 Key Developments

11 Company Profiling

 

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