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OTC Braces and Supports Market - Global Industry Analysis

OTC Braces and Supports Market : By Application (Preventive Care, Ligament Injury Repair, Post-Operative Rehabilitation, Compression Therapy, Osteoarthritis, and Other Applications), By Product (Ankle Braces & Supports, Foot Walkers & Orthoses, Hip, Back, & Spine Braces and Supports, Knee Braces & Supports, Shoulder Braces & Supports, Elbow Braces & Supports, Hand & Wrist Braces and Supports, and Facial Braces & Supports), By Type (Soft & Elastic Braces and Supports, Hinged Braces & Supports, and Hard & Rigid Braces and Supports), and By Distribution Channel (Pharmacies, Clinics, and E-Commerce) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 30-Jan-2020 Category: Medical Device Report Format : PDF Pages: 130 Report Code: ZMR-4680 Status : Published

The global OTC braces and supports market was valued at 1.43 (USD Billion) in 2018 and is expected to be valued at 1.7 (USD Billion) in 2025 at a CAGR of 5.5%.

Description

The global OTC braces and supports market was valued at 1.43 (USD Billion) in 2018 and is expected to be valued at 1.7 (USD Billion) in 2025 at a CAGR of 5.5%. The report covers estimation and analysis of OTC braces and supports market on a global as well as regional level. The study provides an in-depth evaluation of the market completion, business rivalry, opportunities, trends, and industry-validated market data. The report also gives historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion).

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 industry 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 business growth over the forecast period.  However, high product costs and rapidly changing compensation policies will inhibit the business growth over the forecast timeframe.

OTC Braces and Supports Market

Application-wise, the market is segmented into Preventive Care, Ligament Injury Repair, Post-Operative Rehabilitation, Compression Therapy, Osteoarthritis, and Other Applications.

Based on the Product, the OTC braces and supports market is divided into Ankle Braces & Supports, Foot Walkers & Orthoses, Hip, Back, & Spine Braces and Supports, Knee Braces & Supports, Shoulder Braces & Supports, Elbow Braces & Supports, Hand & Wrist Braces and Supports, and Facial Braces & Supports. Apparently, knee braces & supports segment is slated to register highest gains over the forecast period due to rise in the aging population prone to suffer from osteoarthritis & other knee-related disorders.

On the basis of Type, the OTC braces and supports industry is segregated into Soft & Elastic Braces and Supports, Hinged Braces & Supports, and Hard & Rigid Braces and Supports. Additionally, Soft & elastic braces and supports segment is anticipated to account for the major market share over the forecast timespan. The growth is attributed to the beneficial product features like flexibility and offering facility of unrestrained mobility for the patients.

Based on the Distribution Channel, the market is divided into Pharmacies, Clinics, and E-Commerce. Moreover, pharmacies segment is anticipated to contribute majorly towards the overall market share with large number of pharmacies providing orthopedic bracing and support items for purpose of post-operative rehabilitation, fracture recovery physiotherapy, and preventive care.  

Key players influencing the growth of the market include DJO Finance LLC, Breg, Inc., DeRoyal Industries, Inc., Össur Hf, and Bauerfeind AG are the leading companies in the OTC braces and supports market. Other major players involved in the business are Zimmer Biomet Holdings, Inc., Oppo Medical, Inc., Bird & Cronin, Inc., medi GmbH & Co KG, Otto Bock Holding GmbH & Co KG, The 3M Company, Reh4Mat, BSN medical, Becker Orthopedic, Thuasne Group, and United Ortho.

The report segments global OTC braces & supports market as follows:

Global OTC Braces & Supports Market: Product Segment Analysis

  • Ankle Braces and Supports
  • Foot Walkers and Orthoses
  • Hip, Back, & Spine Braces and Supports
  • Knee Braces and Supports
  • Shoulder Braces and Supports
  • Elbow Braces and Supports
  • Hand & Wrist Braces and Supports
  • Facial Braces and Supports

Global OTC Braces & Supports Market: Type Segment Analysis

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

Global OTC Braces & Supports Market: Application Segment Analysis

  • Preventive Care
  • Ligament Injury Repair
  • Post-operative Rehabilitation
  • Osteoarthritis
  • Compression Therapy
  • Others

Global OTC Braces & Supports Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. OTC braces and supports Market, 2016-2025 (USD Billion)
    • 2.2. OTC braces and supports Market: Snapshot
  • Chapter 3. Global OTC braces and supports Market- Industry Analysis
    • 3.1. OTC braces and supports Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rise in the cases of orthopedic diseases most prominently witnessed in the aging populace
      • 3.2.2. Easy product availability online due to thriving eCommerce activities
    • 3.3. Market Restraints
      • 3.3.1. Huge product costs and altering compensation policies
    • 3.4. Porter's Five Forces Analysis
    • 3.5. Market Attractiveness Analysis
      • 3.5.1. Market attractiveness analysis By Application
      • 3.5.2. Market attractiveness analysis By Product
      • 3.5.3. Market attractiveness analysis By Type
      • 3.5.4. Market attractiveness analysis By Distribution Channel
      • 3.5.5. Market attractiveness analysis by Region
  • Chapter 4. Global OTC braces and supports Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global OTC braces and supports Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global OTC braces and supports Market-Application Analysis
    • 5.1. Global OTC braces and supports Market overview: By Application
      • 5.1.1. Global OTC braces and supports Market share, By Application,2018 and 2025
    • 5.2. Preventive Care
      • 5.2.1. Global OTC braces and supports Market by Preventive Care, 2016-2025 (USD Billion)
    • 5.3. Ligament Injury Repair
      • 5.3.1. Global OTC braces and supports Market by Ligament Injury Repair, 2016-2025 (USD Billion)
    • 5.4. Post-Operative Rehabilitation
      • 5.4.1. Global OTC braces and supports Market by Post-Operative Rehabilitation, 2016-2025 (USD Billion)
    • 5.5. Osteoarthritis
      • 5.5.1. Global OTC braces and supports Market by Osteoarthritis, 2016-2025 (USD Billion)
    • 5.6. Compression Therapy
      • 5.6.1. Global OTC braces and supports Market by Compression Therapy, 2016-2025 (USD Billion)
    • 5.7. Other Applications
  • Chapter 6. Global OTC braces and supports Market- Product Analysis
    • 6.1. Global OTC braces and supports Market overview: By Product
      • 6.1.1. Global OTC braces and supports Market share, By Product, 2018 and 2025
    • 6.2. Ankle Braces and Supports
      • 6.2.1. Global OTC braces and supports Market By Ankle Braces and Supports, 2016-2025 (USD Billion)
    • 6.3. Foot Walkers and Orthoses
      • 6.3.1. Global OTC braces and supports Market By Foot Walkers and Orthoses, 2016-2025 (USD Billion)
    • 6.4. Hip, Back, and Spine Braces & Supports
      • 6.4.1. Global OTC braces and supports Market By Hip, Back, and Spine Braces & Supports, 2016-2025 (USD Billion)
    • 6.5. Knee Braces & Supports
      • 6.5.1. Global OTC braces and supports Market By Knee Braces & Supports, 2016-2025 (USD Billion)
    • 6.6. Shoulder Braces & Supports
      • 6.6.1. Global OTC braces and supports Market By Shoulder Braces & Supports, 2016-2025 (USD Billion)
    • 6.7. Elbow Braces and Supports
      • 6.7.1. Global OTC braces and supports Market By Elbow Braces & Supports, 2016-2025 (USD Billion)
    • 6.8. Hand & Wrist Braces and Supports
      • 6.8.1. Global OTC braces and supports Market By Hand & Wrist Braces & Supports, 2016-2025 (USD Billion)
    • 6.9. Facial Braces and Supports
      • 6.9.1. Global OTC braces and supports Market By Facial Braces & Supports, 2016-2025 (USD Billion)
  • Chapter 7. Global OTC braces and supports Market- Type Analysis
    • 7.1. Global OTC braces and supports Market overview: By Type
      • 7.1.1. Global OTC braces and supports Market share, By Type, 2018 and 2025
    • 7.2. Soft & Elastic Braces and Supports
      • 7.2.1. Global OTC braces and supports Market By Soft & Elastic Braces and Supports, 2016-2025 (USD Billion)
    • 7.3. Hinged Braces and Supports
      • 7.3.1. Global OTC braces and supports Market By Hinged Braces and Supports, 2016-2025 (USD Billion)
    • 7.4. Hard & Rigid Braces and Supports
      • 7.4.1. Global OTC braces and supports Market By Hard & Rigid Braces and Supports, 2016-2025 (USD Billion)
  • Chapter 8. Global OTC braces and supports Market- Distribution Channel Analysis
    • 8.1. Global OTC braces and supports Market overview: By Distribution Channel
      • 8.1.1. Global OTC braces and supports Market share, By Distribution Channel, 2018 and 2025
    • 8.2. Pharmacies
      • 8.2.1. Global OTC braces and supports Market By Pharmacies, 2016-2025 (USD Billion)
    • 8.3. Clinics
      • 8.3.1. Global OTC braces and supports Market By Clinics, 2016-2025 (USD Billion)
    • 8.4. E-Commerce
      • 8.4.1. Global OTC braces and supports Market By E-Commerce, 2016-2025 (USD Billion)
  • 9. Company Profiles
    • 9.1. DJO Finance LLC
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Breg, Inc.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. DeRoyal Industries, Inc.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Össur Hf
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Bauerfeind AG
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Zimmer Biomet Holdings, Inc.
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Oppo Medical, Inc.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. Bird & Cronin, Inc.
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. medi GmbH & Co KG
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Otto Bock Holding GmbH & Co KG
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development
    • 9.11. The 3M Company
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Development
    • 9.12. Reh4Mat
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business Strategy
      • 9.12.5. Recent Development
    • 9.13. BSN medical
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Product Portfolio
      • 9.13.4. Business Strategy
      • 9.13.5. Recent Development
    • 9.14. Becker Orthopedic
      • 9.14.1. Overview
      • 9.14.2. Financials
      • 9.14.3. Product Portfolio
      • 9.14.4. Business Strategy
      • 9.14.5. Recent Development
    • 9.15. Thuasne Group
      • 9.15.1. Overview
      • 9.15.2. Financials
      • 9.15.3. Product Portfolio
      • 9.15.4. Business Strategy
      • 9.15.5. Recent Development
    • 9.16. United Ortho
      • 9.16.1. Overview
      • 9.16.2. Financials
      • 9.16.3. Product Portfolio
      • 9.16.4. Business Strategy
      • 9.16.5. Recent Development

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