MARKET INTRODUCTION

Orthopedic braces and support are medical devices used to treat musculoskeletal injuries. Braces are used to align correctly, position, stabilize, support, and protect the parts of the body (joints, muscles, and bones) as they heal from the orthopedic injury or trauma. During the process of rehabilitation and recovery, most of the medical practitioners prescribe braces. The brace limits the motion range in the body, which helps decrease rotator cuff injuries or dislocations.

MARKET DYNAMICS

The OTC braces and support market is anticipated to grow in the forecast, owing to the rising geriatric population, growing orthopedic injuries and increasing number of road accidents. In addition, the innovative R&D approaches incorporated by market players to develop effective and advanced braces and support for orthopedic injuries is expected to offer significant growth opportunities in the market during the forecast period.

MARKET SCOPE

The "Global OTC Braces and Support Market Analysis to 2027" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the OTC braces and support market with detailed market segmentation by product, type, application, end user, and geography. The global OTC braces and support market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading OTC braces and support market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global OTC braces and support market is segmented on the basis of product, type, application, and end user. Based on product, the market is segmented as, knee braces and support, back, hip & spine braces and support, lower spine braces and support, neck & cervical braces and support, shoulder braces and support, elbow braces and support, hand & wrist braces and support, facial braces and support. Based on type, the market is segmented into soft & elastic braces and support, hard & rigid braces and support, hinged braces and support. Based on application, the market is segmented into ligament injury repair, preventive care, osteoarthritis, compression therapy, and other applications. On the basis of end user, the OTC braces and support market is categorized as hospitals, ambulatory surgical centers, specialty clinics, others.


REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global OTC braces and support market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The OTC braces and support market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting OTC braces and support market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors effecting the OTC braces and support market in these regions.

MARKET PLAYERS

The reports cover key developments in the OTC braces and support market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from OTC braces and support market are anticipated to lucrative growth opportunities in the future with the rising demand for OTC braces and support market in the global market. Below mentioned is the list of few companies engaged in the OTC braces and support market.

The report also includes the profiles of key OTC braces and support market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of last 3 years, key development in the past five years.

- BREG, INC.
- DJO, LLC
- BAUERFEIND AG
- DEROYAL INDUSTRIES, INC.
- ?SSUR HF
- OPPO MEDICAL, INC.
- ZIMMER BIOMET HOLDINGS, INC. (US)
- OTTOBOCK HOLDING GMBH
- 3M
- BIRD AND CRONIN, INC.