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2021
Otc Braces And Supports Market

OTC Braces and Supports Market by Product (Ankle Braces & Supports, Knee Braces & Supports, Facial Braces & Supports, Upper Extremity Braces & Support And Back, Hip, And Spine Braces & Supports), Type (Soft & Elastic Braces And Supports, Hard Braces & Supports And Hinged Braces & Supports), Application (Ligament Injury Repair, Osteoarthritis, Preventive Care and Others), and Distribution Channel (Orthopedic Clinics, Retail Pharmacies and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A08284
Pages: 283
Jun 2021 | 1047 Views
   
Author(s) : Apoorva Srivastava , Onkar Sumant
Tables: 149
Charts: 30
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global OTC braces and supports market was valued at $649.71 million in 2019, and is estimated to reach $991.80 million by 2030, growing at a CAGR of 5.0% from 2021 to 2030.

The OTC braces and supports market is impacted due to the COVID-19, resulting in negative growth due to factors such as a sharp decline in elective surgeries and ban on organized sports

OTC braces and supports are used in the field of orthopedics as a result of aging in conditions, such as osteoarthritis, due to traumatic injuries, or in sports injuries were they can be used to treat an injury. In addition, OTC braces and supports offer users with more comfort while walking as well as help reduce pain, assist in limb movement, and minimize swelling & inflammation. Most importantly, they allow users to work and move independently. Moreover, it is used for a variety of medical conditions and are designed for different degrees of support or protection.

OTC-Braces-and-Supports-Market-2021-2030

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Growing incidences of orthopedic disorders, increase in the public awareness pertaining to preventive care, and surge in the cases of accident & injuries in sports will boost the growth of the OTC braces and supports market over the upcoming years. Apart from this, rise in the cases of osteoporosis will boost the product sales in the near future. Furthermore, the easy availability of the products through online retail stores will boost the market growth over the forecast period. However, significant adoption of pain medications and limited patient awareness for bracing-mediated orthopedic treatment will hamper the market growth.

The OTC orthopedic braces and supports market is impacted due to the pandemic, resulting in negative growth due to factors such as a sharp decline in elective surgeries and ban on organized sports. Moreover, orthopedic clinics were temporarily closed, and hospital access restricted to non-essential care. Thus, limited access to clinics, social distancing, the lockdown of the population, which results in less trauma and workplace injuries, and slow-down in patient flow and referrals has also impacted the market growth.

OTC Braces and Supports Market
By Product

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Knee Braces and Supports segment holds the dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Otc Braces And Supports Market Segmentation

The global OTC braces and supports market is segmented into product, type, application, distribution channel and region. By Product, the market is categorized into ankle braces & supports, knee braces & supports, facial braces & supports, upper extremity braces & support and back, hip, and spine braces & supports. By type, the market is bifurcated into soft & elastic braces and supports, hard braces & supports and hinged braces & supports. By application, it is divided into a ligament injury repair, osteoarthritis, preventive care and others. By distribution channel, the market is bifurcated into orthopedic clinics, retail pharmacies and others. 

Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

OTC Braces and Supports Market
By Type

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Soft and Elastic Braces and Supports segment is projected as one of the most lucrative segments.

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Segment review

Depending on product, the knee braces and supports segment dominated the market in 2019, and is expected to continue this trend throughout the forecast period. This is attributed to the to the several benefits offered by these products, such as medial & lateral support, reduced rotation of the knee, limited injury during motion, and protection from the post-surgical risk of injury. On the basis of type, the soft and elastic braces and supports segment dominated the market in 2019, and is expected to continue this trend throughout the forecast period. The large share of this segment is attributed to the growing public awareness regarding OTC braces and support and increase in prevalence of orthopedic diseases & disorders.  

OTC Braces and Supports Market
By Application

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Preventive Care segment holds the dominant position in 2019 and would continue to maintain the lead over the forecast period.

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North America accounted for a major share in the OTC braces and supports market in 2019, and is expected to maintain its dominance during the forecast period, owing to its well-established healthcare infrastructure, favorable reimbursement & insurance coverage for major orthopedic bracing procedures and supportive government regulations for product commercialization are the major factors driving the growth of the OTC orthopedic braces and supports market in North America. However, Asia-Pacific is expected to register highest CAGR from 2021 to 2030, owing to increase in awareness regarding benefits of orthopedic braces, development in health care infrastructure, and rise in the number of hospitals equipped with advanced medical facilities boost the market growth in this region.

OTC Braces and Supports Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 6.5% during 2021-2030

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Some of the major companies that operate in the global OTC braces and supports market are 3M company, Alcare CO., LTD., Bauerfeind AG, Bird And Cronin, INC. (a part of Dynatronics Corporation), Breg, INC., BSN Medical (a part of Svenska Cellulosa Aktiebolaget), Deroyal Industries, INC., DJO finance LLC, Medi GMBH and CO. KG, Thuasne SA.

Key Benefits For Stakeholders

  •  The study provides an in-depth analysis of the OTC braces and supports market, and the current trends and future estimations to elucidate the imminent investment pockets.
  •  It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing market opportunities.
  •  Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
  •  Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Key Market Segments

By Product

  •  Ankle Braces and Supports 
  •  Knee Braces and Supports
  •  Facial Braces and Supports
  •  Upper Extremity Braces and Support
  •  Back, Hip, and Spine Braces and Supports 

By Type

  •  Soft and Elastic Braces and Supports
  •  Hard Braces and Supports
  •  Hinged Braces and Supports

By Application

  •  Ligament Injury Repair
  •  Osteoarthritis
  •  Preventive Care
  •  Others

By Distribution Channel

  •  Orthopedic Clinics
  •  Retail Pharmacies
  •  Others

By Region

  •  North America
    •  U.S.
    •  Canada
    •  Mexico
  •  Europe
    •  Germany
    •  France
    •  UK
    •  Italy
    •  Spain
    •  Rest of Europe
  •  Asia-Pacific
    •  Japan
    •  China
    •  India
    •  Australia
    •  South Korea
    •  Rest of Asia-Pacific
  •  LAMEA
    •  Brazil
    •  South Africa
    •  Saudi Arabia
    •  Rest of LAMEA

KEY MARKET PLAYERS 

  •  3M Company 
  •  Alcare CO., LTD. 
  •  Bauerfeind AG 
  •  Bird and Cronin, inc. (a part of dynatronics corporation) 
  •  Breg, inc. 
  •  BSN Medical (a part of svenska cellulosa aktiebolaget) 
  •  Deroyal Industries, Inc
  •  DJO Finance LLC 
  •  MEDI GMBH and CO. KG
  •  Thuasne SA.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis

3.3.1.Top player positioning

3.4.Market dynamics

3.4.1.Drivers, restraints, and opportunity
3.4.2.Drivers

3.4.2.1.Increase in prevalence of orthopedic diseases and disorders
3.4.2.2.Greater product affordability and market availability
3.4.2.3.Increase in number of sports and accident-related injuries

3.4.3.Restraints

3.4.3.1.Significant adoption of pain medications
3.4.3.2.Limited patient awareness for bracing-mediated orthopedic treatment

3.4.4.Opportunity

3.4.4.1.Increase in product availability through the online platform

3.5.Impact of COVID-19 on OTC braces and supports market

3.5.1.Overview
3.5.2.Impact analysis

3.6.Technological advances/innovation in OTC braces and supports

CHAPTER 4:OTC BRACES AND SUPPORTS MARKET, BY PRODUCT

4.1.Overview

4.1.1.Market size and forecast

4.2.Knee braces and supports

4.2.1.Key market trends and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Ankle braces and supports

4.3.1.Key market trends and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Facial braces and supports

4.4.1.Key market trends and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Upper extremity braces and support

4.5.1.Key market trends and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.Back, hip, and spine braces and supports

4.6.1.Key market trends and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

CHAPTER 5:OTC BRACES AND SUPPORTS MARKET, BY TYPE

5.1.Overview

5.1.1.Market size and forecast

5.2.Soft and elastic braces and supports

5.2.1.Market size and forecast, by region
5.2.2.Market analysis, by country

5.3.Hard braces and supports

5.3.1.Market size and forecast, by region
5.3.2.Market analysis, by country

5.4.Hinged braces and supports

5.4.1.Market size and forecast, by region
5.4.2.Market analysis, by country

CHAPTER 6:OTC BRACES AND SUPPORTS MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast

6.2.Ligament injury repair

6.2.1.Market size and forecast, by region
6.2.2.Market analysis, by country

6.3.Osteoarthritis

6.3.1.Market size and forecast, by region
6.3.2.Market analysis, by country

6.4.Preventive care

6.4.1.Market size and forecast, by region
6.4.2.Market analysis, by country

6.5.Others

6.5.1.Market size and forecast, by region
6.5.2.Market analysis, by country

CHAPTER 7:OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL

7.1.Overview

7.1.1.Market size and forecast

7.2.Orthopedic clinics

7.2.1.Market size and forecast, by region
7.2.2.Market analysis, by country
7.2.3.Market analysis, by Type

7.3.Retail pharmacies

7.3.1.Market size and forecast, by region
7.3.2.Market analysis, by country
7.3.3.Market analysis, by Type

7.4.Others

7.4.1.Market size and forecast, by region
7.4.2.Market analysis, by country
7.4.3.Market analysis, by Type

CHAPTER 8:OTC BRACES AND SUPPORTS MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast

8.2.North America

8.2.1.Key opportunities and forecast
8.2.2.Market size and forecast, by country
8.2.3.Market size and forecast, by product
8.2.4.Market size and forecast, by type
8.2.5.Market size and forecast, by application
8.2.6.Market size and forecast, by distribution channel

8.2.6.1.U.S.

8.2.6.1.1.U.S. market size and forecast, by Product
8.2.6.1.2.U.S. market size and forecast, by type
8.2.6.1.3.U.S. market size and forecast, by application
8.2.6.1.4.U.S. market size and forecast, by distribution channel

8.2.6.2.Canada

8.2.6.2.1.Canada market size and forecast, by Product
8.2.6.2.2.Canada market size and forecast, by type
8.2.6.2.3.Canada market size and forecast, by application
8.2.6.2.4.Canada market size and forecast, by distribution channel

8.2.6.3.Mexico

8.2.6.3.1.Mexico market size and forecast, by Product
8.2.6.3.2.Mexico market size and forecast, by type
8.2.6.3.3.Mexico market size and forecast, by application
8.2.6.3.4.Mexico market size and forecast, by distribution channel

8.3.Europe

8.3.1.Key opportunities and forecast
8.3.2.Market size and forecast, by country
8.3.3.Market size and forecast, by product
8.3.4.Market size and forecast, by type
8.3.5.Market size and forecast, by application
8.3.6.Market size and forecast, by distribution channel

8.3.6.1.Germany

8.3.6.1.1.Germany market size and forecast, by Product
8.3.6.1.2.Germany market size and forecast, by type
8.3.6.1.3.Germany market size and forecast, by application
8.3.6.1.4.Germany market size and forecast, by distribution channel

8.3.6.2.France

8.3.6.2.1.France market size and forecast, by Product
8.3.6.2.2.France market size and forecast, by type
8.3.6.2.3.France market size and forecast, by application
8.3.6.2.4.France market size and forecast, by distribution channel

8.3.6.3.UK

8.3.6.3.1.UK market size and forecast, by Product
8.3.6.3.2.UK market size and forecast, by type
8.3.6.3.3.UK market size and forecast, by application
8.3.6.3.4.UK market size and forecast, by distribution channel

8.3.6.4.Italy

8.3.6.4.1.Italy market size and forecast, by Product
8.3.6.4.2.Italy market size and forecast, by type
8.3.6.4.3.Italy market size and forecast, by application
8.3.6.4.4.Italy market size and forecast, by distribution channel

8.3.6.5.Spain

8.3.6.5.1.Spain market size and forecast, by Product
8.3.6.5.2.Spain market size and forecast, by type
8.3.6.5.3.Spain market size and forecast, by application
8.3.6.5.4.Spain market size and forecast, by distribution channel

8.3.6.6.Rest of Europe

8.3.6.6.1.Rest of Europe market size and forecast, by Product
8.3.6.6.2.Rest of Europe market size and forecast, by type
8.3.6.6.3.Rest of Europe market size and forecast, by application
8.3.6.6.4.Rest of Europe market size and forecast, by distribution channel

8.4.Asia-Pacific

8.4.1.Key opportunities and forecast
8.4.2.Market size and forecast, by country
8.4.3.Market size and forecast, by product
8.4.4.Market size and forecast, by type
8.4.5.Market size and forecast, by application
8.4.6.Market size and forecast, by distribution channel

8.4.6.1.Japan

8.4.6.1.1.Japan market size and forecast, by Product
8.4.6.1.2.Japan market size and forecast, by type
8.4.6.1.3.Japan market size and forecast, by application
8.4.6.1.4.Japan market size and forecast, by distribution channel

8.4.6.2.China

8.4.6.2.1.China market size and forecast, by Product
8.4.6.2.2.China market size and forecast, by type
8.4.6.2.3.China market size and forecast, by application
8.4.6.2.4.China market size and forecast, by distribution channel

8.4.6.3.Australia

8.4.6.3.1.Australia market size and forecast, by Product
8.4.6.3.2.Australia market size and forecast, by type
8.4.6.3.3.Australia market size and forecast, by application
8.4.6.3.4.Australia market size and forecast, by distribution channel

8.4.6.4.India

8.4.6.4.1.India market size and forecast, by Product
8.4.6.4.2.India market size and forecast, by type
8.4.6.4.3.India market size and forecast, by application
8.4.6.4.4.India market size and forecast, by distribution channel

8.4.6.5.South Korea

8.4.6.5.1.South Korea market size and forecast, by Product
8.4.6.5.2.South Korea market size and forecast, by type
8.4.6.5.3.South Korea market size and forecast, by application
8.4.6.5.4.South Korea market size and forecast, by distribution channel

8.4.6.6.Rest of Asia-Pacific

8.4.6.6.1.Rest of Asia-Pacific market size and forecast, by Product
8.4.6.6.2.Rest of Asia-Pacific market size and forecast, by type
8.4.6.6.3.Rest of Asia-Pacific market size and forecast, by application
8.4.6.6.4.Rest of Asia-Pacific market size and forecast, by distribution channel

8.5.LAMEA

8.5.1.Key opportunities and forecast
8.5.2.Market size and forecast, by country
8.5.3.Market size and forecast, by product
8.5.4.Market size and forecast, by type
8.5.5.Market size and forecast, by application
8.5.6.Market size and forecast, by distribution channel

8.5.6.1.Brazil

8.5.6.1.1.Brazil market size and forecast, by Product
8.5.6.1.2.Brazil market size and forecast, by type
8.5.6.1.3.Brazil market size and forecast, by application
8.5.6.1.4.Brazil market size and forecast, by distribution channel

8.5.6.2.Saudi Arabia

8.5.6.2.1.Saudi Arabia market size and forecast, by Product
8.5.6.2.2.Saudi Arabia market size and forecast, by type
8.5.6.2.3.Saudi Arabia market size and forecast, by application
8.5.6.2.4.Saudi Arabia market size and forecast, by distribution channel

8.5.6.3.South Africa

8.5.6.3.1.South Africa market size and forecast, by Product
8.5.6.3.2.South Africa market size and forecast, by type
8.5.6.3.3.South Africa market size and forecast, by application
8.5.6.3.4.South Africa market size and forecast, by distribution channel

8.5.6.4.Rest of LAMEA

8.5.6.4.1.Rest of LAMEA market size and forecast, by Product
8.5.6.4.2.Rest of LAMEA market size and forecast, by type
8.5.6.4.3.Rest of LAMEA market size and forecast, by application
8.5.6.4.4.Rest of LAMEA market size and forecast, by distribution channel

CHAPTER 9:COMPANY PROFILES

9.1.BEAM THERAPEUTICS INC.

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance

9.2.ALARE CO LTD.

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio

9.3.BAUERFEIND AG.

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product portfolio
9.3.5.Key strategic moves and developments

9.4.BIRD & CRONIN LLC. (A PART OF DYNATRONICS CORPORATION)

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.Business performance

9.5.BREG INC.

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio

9.6.BSN MEDICAL GmbH. (A PART OF SVENSKA CELLULOSA AKTIEBOLAGET)

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio

9.7.DEROYAL INDUSTRIES INC.

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio

9.8.DJO FINANCE LLC

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio

9.9.MEDI GmbH & COMPANY KG

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio

9.10.THUASNE SA.

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL OTC BRACES AND SUPPORTS MARKET REVENUE, BY PRODUCT, 2019–2030 ($MILLION)
TABLE 02.OTC BRACES AND SUPPORT MARKET FOR KNEE BRACES AND SUPPORTS, BY REGION, 2019–2030($MILLION)
TABLE 03.ANKLE BRACES AND SUPPORTS OTC BRACES AND SUPPORT MARKET REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 04.OTC BRACES AND SUPPORT MARKET FOR FACIAL BRACES AND SUPPORTS REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 05.OTC BRACES AND SUPPORT MARKET FOR UPPER EXTREMITY BRACES AND SUPPORT, BY REGION, 2019–2030 ($MILLION)
TABLE 06.OTC BRACES AND SUPPORT MARKET FOR BACK, HIP, SPINE BRACES AND SUPPORTS, BY REGION, 2019–2030 ($MILLION)
TABLE 07.OTC BRACES AND SUPPORTS MARKET REVENUE, BY TYPE, 2019–2030($MILLION)
TABLE 08.OTC BRACES AND SUPPORT MARKET FOR SOFT AND ELASTIC BRACES AND SUPPORTS REVENUE, BY REGION,  2019–2030($MILLION)
TABLE 09.OTC BRACES AND SUPPORT MARKET FOR HARD BRACES AND SUPPORTS REVENUE, BY REGION, 2019–2030 ($MILLION)
TABLE 10.OTC BRACES AND SUPPORT MARKET FOR HINGED BRACES AND SUPPORTS REVENUE, BY REGION, 2019–2030 ($MILLION)
TABLE 11.OTC BRACES AND SUPPORTS MARKET REVENUE, BY APPLICATION, 2019–2030($MILLION)
TABLE 12.OTC BRACES AND SUPPORT MARKET FOR LIGAMENT INJURY REPAIR REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 13.OTC BRACES AND SUPPORT MARKET FOR OSTEOARTHRITIS REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 14.PREVENTIVE CARE OTC BRACES AND SUPPORT MARKET REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 15.OTC BRACES AND SUPPORT MARKET FOR OTHERS REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 16.OTC BRACES AND SUPPORTS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 17.OTC BRACES AND SUPPORT MARKET FOR ORTHOPEDIC CLINICS REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 18.OTC BRACES AND SUPPORT MARKET FOR ORTHOPEDIC CLINICS REVENUE, BY TYPE, 2019–2030($MILLION)
TABLE 19.OTC BRACES AND SUPPORT MARKET FOR RETAIL PHARMACIES REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 20.OTC BRACES AND SUPPORT MARKET FOR RETAIL PHARMACIES REVENUE, BY TYPE, 2019–2030($MILLION)
TABLE 21.OTC BRACES AND SUPPORT MARKET FOR OTHERS REVENUE, BY REGION, 2019–2030($MILLION)
TABLE 22.OTC BRACES AND SUPPORT MARKET FOR OTHER REVENUE, BY TYPE, 2019–2030($MILLION)
TABLE 23.OTC BRACES AND SUPPORTS MARKET, BY REGION, 2019–2030($MILLION)
TABLE 24.NORTH AMERICA OTC BRACES AND SUPPORTS MARKET, BY COUNTRY, 2019–2030($MILLION)
TABLE 25.NORTH AMERICA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 26.NORTH AMERICA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 27.NORTH AMERICA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 28.NORTH AMERICA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 29.U.S. OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 30.U.S. OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 31.U.S. OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 32.U.S. OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 33.CANADA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 34.CANADA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 35.CANADA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 36.CANADA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 37.MEXICO OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 38.MEXICO OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 39.MEXICO OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 40.MEXICO OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 41.EUROPE OTC BRACES AND SUPPORTS MARKET, BY COUNTRY, 2019–2030($MILLION)
TABLE 42.EUROPE OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 43.EUROPE OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 44.EUROPE OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 45.EUROPE OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 46.GERMANY OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 47.GERMANY OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 48.GERMANY OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 49.GERMANY OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 50.FRANCE OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 51.FRANCE OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 52.FRANCE OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 53.FRANCE OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 54.UK OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 55.UK OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 56.UK OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 57.UK OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 58.ITALY OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 59.ITALY OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 60.ITALY OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 61.ITALY OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 62.SPAIN OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 63.SPAIN OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 64.SPAIN OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 65.SPAIN OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 66.REST OF EUROPE OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 67.REST OF EUROPE OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 68.REST OF EUROPE OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 69.REST OF EUROPE OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 70.ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY COUNTRY, 2019–2030($MILLION)
TABLE 71.ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 72.ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 73.ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 74.ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 75.JAPAN OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 76.JAPAN OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 77.JAPAN OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 78.JAPAN OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 79.CHINA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 80.CHINA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 81.CHINA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 82.CHINA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 83.AUSTRALIA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 84.AUSTRALIA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 85.AUSTRALIA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 86.AUSTRALIA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 87.INDIA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 88.INDIA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 89.INDIA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 90.INDIA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 91.SOUTH KOREA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 92.SOUTH KOREA. OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 93.SOUTH KOREA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 94.SOUTH KOREA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 95.REST OF ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 96.REST OF ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 97.REST OF ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 98.REST OF ASIA-PACIFIC OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 99.LAMEA OTC BRACES AND SUPPORTS MARKET, BY COUNTRY, 2019–2030($MILLION)
TABLE 100.LAMEA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 101.LAMEA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 102.LAMEA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 103.LAMEA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 104.BRAZIL OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 105.BRAZIL OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 106.BRAZIL OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 107.BRAZIL OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 108.SAUDI ARABIA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 109.SAUDI ARABIA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 110.SAUDI ARABIA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 111.SAUDI ARABIA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 112.SOUTH AFRICA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 113.SOUTH AFRICA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 114.SOUTH AFRICA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 115.SOUTH AFRICA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 116.REST OF LAMEA OTC BRACES AND SUPPORTS MARKET, BY PRODUCT, 2019–2030($MILLION)
TABLE 117.REST OF LAMEA OTC BRACES AND SUPPORTS MARKET, BY TYPE, 2019–2030($MILLION)
TABLE 118.REST OF LAMEA OTC BRACES AND SUPPORTS MARKET, BY APPLICATION, 2019–2030($MILLION)
TABLE 119.REST OF LAMEA OTC BRACES AND SUPPORTS MARKET, BY DISTRIBUTION CHANNEL, 2019–2030($MILLION)
TABLE 120.3M: COMPANY SNAPSHOT
TABLE 121.3M: OPERATING SEGMENTS
TABLE 122.3M: PRODUCT PORTFOLIO
TABLE 123.ALCARE: COMPANY SNAPSHOT
TABLE 124.ALCARE: OPERATING SEGMENTS
TABLE 125.ALCARE: PRODUCT PORTFOLIO
TABLE 126.BAUERFEIND: COMPANY SNAPSHOT
TABLE 127.BAUERFEIND: OPERATING SEGMENTS
TABLE 128.BAUERFEIND: PRODUCT PORTFOLIO
TABLE 129.BIRD & CRONIN: COMPANY SNAPSHOT
TABLE 130.BIRD & CRONIN: OPERATING SEGMENTS
TABLE 131.BIRD & CRONIN: PRODUCT PORTFOLIO
TABLE 132.BREG: COMPANY SNAPSHOT
TABLE 133.BREG: OPERATING SEGMENTS
TABLE 134.BREG: PRODUCT PORTFOLIO
TABLE 135.BSN: COMPANY SNAPSHOT
TABLE 136.BSN: OPERATING SEGMENTS
TABLE 137.BSN: PRODUCT PORTFOLIO
TABLE 138.DEROYAL: COMPANY SNAPSHOT
TABLE 139.INSCRIPTA: OPERATING SEGMENTS
TABLE 140.DEROYAL: PRODUCT PORTFOLIO
TABLE 141.DJO: COMPANY SNAPSHOT
TABLE 142.PRECISION: OPERATING SEGMENTS
TABLE 143.DJO: PRODUCT PORTFOLIO
TABLE 144.MEDI: COMPANY SNAPSHOT
TABLE 145.MEDI: OPERATING SEGMENTS
TABLE 146.MEDI: PRODUCT PORTFOLIO
TABLE 147.THUASNE: COMPANY SNAPSHOT
TABLE 148.THUASNE: OPERATING SEGMENTS
TABLE 149.THUASNE: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.GLOBAL OTC BRACES AND SUPPORTS MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.MODERATE BARGAINING POWER OF BUYERS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE THREAT OF NEW ENTRANTS
FIGURE 06.MODERATE THREAT OF SUBSTITUTION
FIGURE 07.MODERATE COMPETITIVE RIVALRY
FIGURE 08.TOP PLAYER POSITIONING, 2020
FIGURE 09.DRIVERS, RESTRAINTS, AND OPPORTUNITY
FIGURE 10.OTC BRACES AND SUPPORTS MARKET REVENUE FOR KNEE BRACES AND SUPPORTS, BY COUNTRY,  2019–2030(%)
FIGURE 11.OTC BRACES AND SUPPORTS MARKET REVENUE FOR ANKLE BRACES AND SUPPORTS, BY COUNTRY,  2019–2030(%)
FIGURE 12.OTC BRACES AND SUPPORTS MARKET REVENUE FOR FACIAL BRACES AND SUPPORTS, BY COUNTRY,  2019–2030(%)
FIGURE 13.OTC BRACES AND SUPPORTS MARKET REVENUE FOR UPPER EXTREMITY BRACES AND SUPPORT, BY COUNTRY, 2019–2030(%)
FIGURE 14.OTC BRACES AND SUPPORTS MARKET REVENUE FOR BACK, HIP, AND SPINE BRACES AND SUPPORTS,  BY COUNTRY, 2019–2030 (%)
FIGURE 15.OTC BRACES AND SUPPORTS MARKET REVENUE FOR SOFT AND ELASTIC BRACES AND SUPPORTS, BY COUNTRY, 2019–2030(%)
FIGURE 16.OTC BRACES AND SUPPORTS MARKET REVENUE FOR HARD BRACES AND SUPPORTS, BY COUNTRY,  2019–2030(%)
FIGURE 17.OTC BRACES AND SUPPORTS MARKET REVENUE FOR HINGED BRACES AND SUPPORTS, BY COUNTRY,  2019–2030(%)
FIGURE 18.OTC BRACES AND SUPPORTS MARKET REVENUE FOR LIGAMENT INJURY REPAIR, BY COUNTRY, 2019–2030(%)
FIGURE 19.OTC BRACES AND SUPPORTS MARKET REVENUE FOR OSTEOARTHRITIS, BY COUNTRY, 2019–2030(%)
FIGURE 20.OTC BRACES AND SUPPORTS MARKET REVENUE FOR PREVENTIVE CARE, BY COUNTRY, 2019–2030(%)
FIGURE 21.OTC BRACES AND SUPPORTS MARKET REVENUE FOR OTHERS, BY COUNTRY, 2019–2030(%)
FIGURE 22.OTC BRACES AND SUPPORTS MARKET REVENUE FOR ORTHOPEDIC CLINICS, BY COUNTRY, 2019–2030(%)
FIGURE 23.OTC BRACES AND SUPPORTS MARKET REVENUE FOR RETAIL PHARMACIES, BY COUNTRY, 2019–2030(%)
FIGURE 24.OTC BRACES AND SUPPORTS MARKET REVENUE FOR OTHERS, BY COUNTRY, 2019–2030(%)
FIGURE 25.3M: NET SALES, 2018-2020 ($MILLION)
FIGURE 26.3M: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 27.3M: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 28.BIRD & CRONIN: NET SALES, 2018-2020 ($MILLION)
FIGURE 29.BIRD & CRONIN: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 30.BIRD & CRONIN: REVENUE SHARE BY REGION 2020 (%)

 
 

According to the perspective of CXOs of the leading companies, the OTC braces and supports market gained prominence in 2020, and is expected to witness a significant rise in the near future. This is attributed to the increase in prevalence of orthopedic diseases & disorders, continuous product commercialization, market availability & product affordability, rising number of sports & accident-related injuries, and growing public awareness related to preventive care. However, the significant adoption of pain medications is expected to hamper the market growth.

The CXOs further added that OTC braces and supports market has piqued the interest of healthcare providers owing to numerous benefits offered by these devices to treat several clinical disorders. There have been remarkable technological advancements to provide advanced treatment options for the management of orthopedic diseases. As the market is saturated with steady growth rate in developed nations, the Asia-Pacific and LAMEA regions are expected to offer high growth opportunities to the key players.

Another key factor likely to drive the demand for these products is the rise in prevalence of orthopedic injuries or diseases and rapid increase in the aging population globally drive the market. In addition, technological innovations in the OTC braces and support industry, and improvement of healthcare infrastructure in the emerging countries further supplement the market growth.

 

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FREQUENTLY ASKED QUESTIONS?
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A. The total market value of OTC braces and supports marketis $649.71 million in 2019.

A. The forcast period for OTC braces and supports marketis 2021 to 2030

A. The market value of OTC braces and supports marketin 2030 is $991.80 million.

A. The base year is 2019 in mental health market

A. Top companies such as,3M, Bauerfeind AG, DJO Finance LLC, BSN Medical, and Breg, Inc. held a high market position in 2020. These key players held a high market postion owing to the strong geographical foothold in different regions.

A. In product types, knee braces and supports is the most influencing segment. This is attributed to the to the several benefits offered by these products, such as medial & lateral support, reduced rotation of the knee, limited injury during motion, and protection from the post-surgical risk of injury.

A. The major factor that fuels the growth of the global OTC braces and supports market includes increasing prevalence of orthopedic diseases and disorders, greater product affordability and market availability, and increasing number of sports and accident-related injuries drive the growth of the global OTC braces and supports market. However, significant adoption of pain medications and limited patient awareness for bracing-mediated orthopedic treatment is expected to hamper the market growth.

A. Asia-Pacific has the highest growth rate in the market which is growing due to the contribution of the emerging countries, owing to increase in awareness regarding benefits of orthopedic braces, development in health care infrastructure, and rise in the number of hospitals equipped with advanced medical facilities boost the market growth in this region.

A. Braces tend to be used for a variety of medical conditions and are designed for different degrees of support or protection. They are primarily concerned with giving support structurally, functionally or for re-positioning and stabilization of the joints

A. soft & elastic braces & supports, hard braces & supports and hinged braces & supports

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