OTC Orthopedic Braces Market - Global Industry Analysis

Market Overview

The global OTC Orthopedic Braces Market accounted for USD 571.4 Million in 2020 and is expected to reach USD 906 Million by 2028, growing at a CAGR of 5.9% from 2021 to 2028.

Development in the OTC Orthopedic Braces Market is driven fundamentally by the expanding pervasiveness of orthopedic sicknesses and problems, consistent item commercialization, market accessibility and product affordability, rising number of sports and mishap related wounds, and developing public mindfulness identified with preventive consideration are driving the development of the OTC Orthopedic Braces Market. This increases the chances of knee dislocation or wrist or shoulder dislocation. Hence, OTC orthopedic brace is essentially playing their role in the world. OTC orthopedic brace can be easily accessible through e-commerce. Non-Invasive treatment is getting more popular among people. Some of the OTC orthopedic braces include foot & ankle braces, shoulder braces, knee braces, elbow braces, back & hip braces, and many. This launch is expected to boost their customer base and satisfaction.

COVID-19 Impact Analysis

The OTC Orthopedic Braces market is affected due to COVID-19 pandemic, bringing about momentary negative development because of components like a drastic decrease in orthopedic medical procedures and restriction on sports activities. In addition, O&P centers were briefly shut, and clinic access is limited to unnecessary consideration. Subsequently, restricted admittance to centers, social distancing, the lockdown of the major population in various countries, which brings about less injury and working environment wounds, and moderate down in tolerant stream has likewise affected the OTC Orthopedic Braces market development.

Growth Factors

The worldwide OTC Orthopedic Braces market is driven by expansion in rate of bone degenerative sicknesses, simple accessibility of orthopedic supports, ascend in the quantity of orthopedic medical procedures, flood in sports cooperation, execution of orthopedic supports as preventive consideration, high understanding inclination for elective treatment, shortage of customization choices for the orthopedic braces impede the market development. Alternately, development in open mindfulness and expansion in medical services used are relied upon to give various freedoms to the market development.

Pre-manufactured OTC Orthopedic Braces are accessible on around the world, As of now accessible OTC Orthopedic Braces are not as adaptable. Patients with sequential curves, more prominent actual work, and explicit shoe fit issues, or critical bone or ligament issues (instead of ordinary ligaments) for the most part lean toward prescription orthopedic braces (other than OTC products).

OTC Orthopedic Braces must be supplanted at regular intervals (when contrasted with solution orthotics that keeps going for quite a long time with negligible restoration). Accordingly, the absence of customization alternatives for OTC Orthopedic Braces is one of the main considerations answerable for limiting the more extensive selection of OTC orthopedic Braces during the forecast period.

Report Scope:

Product Segment Analysis

Knee Segment attributed around 30% of the total revenue generated by product segment. This is due to major of the OTC braces requirements are related to knee dislocation and most common reason among the global population. The increasing prevalence of knee related injuries or diseases such as knee arthritis and knee pain in old aged people contribute more for the sales of knee OTC related products.  Rest of the sub-segments such as Ankle, Spine, Shoulder, Neck, Elbow, Wrist, Facial, and others also contribute towards the global revenue.

Application Segment Analysis Preview

Application segment is sub divides as ligament, preventive, OA, and compression. Preventive care segment is largest application segment contributing maximum revenue for the OTC Orthopedic braces market. This braces are majorly used by athletic community, regular population also buy these products for normal exercise and yoga sessions. The rise in usage of OTC orthopedic bracing and support products in preventive care is growing in public participation in sports and the rising availability of OTC bracing products for preventive care & ambulatory procedures.

Regional Analysis Preview

North America obliged for the most noteworthy piece of the overall industry in the worldwide OTC orthopedic braces market inferable from developing majorly in this region. This pattern is trailed by Europe attributable to rising events of osteoporosis, corpulence, and osteoarthritis; this is expected to support the worldwide market development in not so distant future. Expanding cooperation in the games exercises additionally energizes the market interest in this region.

The regional segment of the orthopedic support market report additionally gives singular market affecting variables and changes in guideline in the market locally that impacts the current and future patterns of the market. Information focuses like utilization volumes, import trade investigation, value pattern examination, cost of crude materials, down-stream and upstream worth chain examination are a portion of the significant pointers used to conjecture the market situation for singular countries.

Key Market Players & Competitive Landscape

Some of key players in OTC Orthopedic Braces Market are 3M, Bauerfeind AG, DJO Finance LLC, BSN Medical, Össur Hf, Breg, Inc., DeRoyal Industries, Inc., Zimmer Biomet Holdings, Inc., Ottobock Holding GmbH & Co. KG, Bird & Cronin, Inc., Neo G, Mueller Sports Medicine, medi GmbH & Co. KG, BSN medical, Thuasne Group, Becker Orthopedic, Trulife among others. 

DJO Finance LLC (US) is one of the significant players working in this market. The organization offers a wide scope of OTC Orthopedic Braces that are utilized in different regions, like tendon wounds, preventive consideration, and post-usable restoration. The organization has appropriation networks in Australia, Canada, South Africa, and Tunisia and circulates its supports and supports in excess of 36 nations. DJO primarily centers around the advancement of mechanically imaginative products to fortify its situation on the lookout. The organization centers around market extensions to additionally advance its situation on the lookout. For example, in December 2018, the organization set up its new worldwide central command in Dallas, US, to create and showcase DonJoy items.

The global OTC Orthopedic Braces Market is segmented as follows:

By Product

• Knee
• Ankle
• Spine
• Shoulder
• Neck
• Elbow
• Wrist
• Facial

By Application

• Ligament
• Preventive
• OA
• Compression

By Distribution Channel

• Hospitals
• Clinics
• Pharmacies
• E-Commerce

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

• Chapter 1.Preface
  • 1.1.Report Description
  • 1.1.Report Scope
• Chapter 2.Research Methodology
  • 2.1.Research Methodology
  • 2.2.Secondary Research
  • 2.3.Primary Research
  • 2.4.Models
    • 2.4.1.Company Share Analysis Model
    • 2.4.2.Revenue Based Modeling
  • 2.5.Research Limitations
• Chapter 3.Executive Summary
  • 3.1.Global OTC Orthopedic Braces Market, 2016 – 2028 (USD Million)
  • 3.2.Global OTC Orthopedic Braces Market: Snapshot
• Chapter 4.OTC Orthopedic Braces Market – Industry Analysis
  • 4.1.Introduction
  • 4.2.Market Drivers
    • 4.2.1.Driving Factor 1 Analysis
    • 4.2.2.Driving Factor 2 Analysis:
  • 4.3.Market Restraints
    • 4.3.1.Restraining Factor Analysis
  • 4.4.Market Opportunities
    • 4.4.1.Market Opportunity & Use-case Anaysis
    • 4.4.2.Use – Cases for OTC Orthopedic Braces
  • 4.5.Porter’s Five Forces Analysis
  • 4.6.COVID 19 Impact Analysis
    • 4.6.1.1.Impact on Product Development and Technology Adoption
    • 4.6.1.2.Gap Analysis

• Chapter 5.Investment Proposition Analysis
  • 5.1.Global OTC Orthopedic Braces Market Attractiveness, By Product
  • 5.2.Global OTC Orthopedic Braces Market Attractiveness, By Application
  • 5.3.Global OTC Orthopedic Braces Market Attractiveness, By Distribution Channel
  • 5.4.Global OTC Orthopedic Braces Market Attractiveness, By Region
• Chapter 6.Competitive Landscape
  • 6.1.Company Market Share Analysis - 2020
    • 6.1.1.Global OTC Orthopedic Braces Market: Company Market Share, 2020
  • 6.2.Strategic Developments
  • 7.1.Global OTC Orthopedic Braces Market Overview: by Product
    • 7.1.1.Global OTC Orthopedic Braces Market Revenue Share, by Product, 2016 & 2028
  • 7.2.Global OTC Orthopedic Braces Market Analysis/Overview – By Product
    • 7.2.1.Knee – Overview/Analysis
    • 7.2.2.Ankle – Overview/Analysis
    • 7.2.3.Spine – Overview/Analysis
    • 7.2.4.Shoulder – Overview/Analysis
    • 7.2.5.Neck – Overview/Analysis
    • 7.2.6.Elbow – Overview/Analysis
    • 7.2.7.Wrist – Overview/Analysis
    • 7.2.8.Facial – Overview/Analysis
  • 7.3.Knee
    • 7.3.1.Global OTC Orthopedic Braces Market for Knee, Revenue (USD Million) 2016 - 2028
  • 7.4.Ankle
    • 7.4.1.Global OTC Orthopedic Braces Market for Ankle, Revenue (USD Million) 2016 - 2028
  • 7.5.Spine
    • 7.5.1.Global OTC Orthopedic Braces Market for Spine, Revenue (USD Million) 2016 - 2028
  • 7.6.Shoulder
    • 7.6.1.Global OTC Orthopedic Braces Market for Shoulder, Revenue (USD Million) 2016 - 2028
  • 7.7.Neck
    • 7.7.1.Global OTC Orthopedic Braces Market for Neck, Revenue (USD Million) 2016 - 2028
  • 7.8.Elbow
    • 7.8.1.Global OTC Orthopedic Braces Market for Elbow, Revenue (USD Million) 2016 - 2028
  • 7.9.Wrist
    • 7.9.1.Global OTC Orthopedic Braces Market for Wrist, Revenue (USD Million) 2016 - 2028
  • 7.1.Facial
    • 7.10.1.Global OTC Orthopedic Braces Market for Facial, Revenue (USD Million) 2016 - 2028
  • 8.1.Global OTC Orthopedic Braces Market Overview: by Application
    • 8.1.1.Global OTC Orthopedic Braces Market Revenue Share, by Application, 2016 & 2028
  • 8.2.Global OTC Orthopedic Braces Market Analysis/Overview – By Application
    • 8.2.1.Ligament – Overview/Analysis
    • 8.2.2.Preventive – Overview/Analysis
    • 8.2.3.OA – Overview/Analysis
    • 8.2.4.Compression – Overview/Analysis
  • 8.3.Ligament
    • 8.3.1.Global OTC Orthopedic Braces Market for Ligament, Revenue (USD Million) 2016 - 2028
  • 8.4.Preventive
    • 8.4.1.Global OTC Orthopedic Braces Market for Preventive, Revenue (USD Million) 2016 - 2028
  • 8.5.OA
    • 8.5.1.Global OTC Orthopedic Braces Market for OA, Revenue (USD Million) 2016 - 2028
  • 8.6.Compression
    • 8.6.1.Global OTC Orthopedic Braces Market for Compression, Revenue (USD Million) 2016 - 2028
  • 9.1.Global OTC Orthopedic Braces Market Overview: by Distribution Channel
    • 9.1.1.Global OTC Orthopedic Braces Market Revenue Share, by Distribution Channel, 2016 & 2028
  • 9.2.Global OTC Orthopedic Braces Market Analysis/Overview – By Distribution Channel
    • 9.2.1.Hospitals – Overview/Analysis
    • 9.2.2.Clinics – Overview/Analysis
    • 9.2.3.Pharmacies – Overview/Analysis
    • 9.2.4. E-Commerce – Overview/Analysis
  • 9.3.Hospitals
    • 9.3.1.Global OTC Orthopedic Braces Market for Hospitals, Revenue (USD Million) 2016 - 2028
  • 9.4.Clinics
    • 9.4.1.Global OTC Orthopedic Braces Market for Clinics, Revenue (USD Million) 2016 - 2028
  • 9.5.Pharmacies
    • 9.5.1.Global OTC Orthopedic Braces Market for Pharmacies, Revenue (USD Million) 2016 - 2028
  • 9.6.E-Commerce
    • 9.6.1.Global OTC Orthopedic Braces Market for E-Commerce, Revenue (USD Million) 2016 - 2028
• Chapter 10.OTC Orthopedic Braces Market – Regional Analysis
  • 10.1.Global OTC Orthopedic Braces Market: Regional Overview
    • 10.1.1.Global OTC Orthopedic Braces Market Revenue Share, by Region, 2016 & 2028
    • 10.1.2.Global OTC Orthopedic Braces Market Revenue, by Region, 2016 – 2028 (USD Million)
  • 10.2.North America
    • 10.2.1.North America OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
    • 10.2.2.North America OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
    • 10.2.3.North America OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028
    • 10.2.4.North America OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028
    • 10.2.5.North America OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028
    • 10.2.6. U.S.
    • 10.2.7.Canada
  • 10.3.Europe
    • 10.3.1.Europe OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
    • 10.3.2.Europe OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
    • 10.3.3.Europe OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028
    • 10.3.4.Europe OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028
    • 10.3.5.Europe OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028
    • 10.3.6.Germany
    • 10.3.7.France
    • 10.3.8. U.K.
    • 10.3.9.Italy
    • 10.3.10.Spain
    • 10.3.11.Rest of Europe
  • 10.4.Asia Pacific
    • 10.4.1.Asia Pacific OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
    • 10.4.2.Asia Pacific OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
    • 10.4.3.Asia Pacific OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028
    • 10.4.4.Asia Pacific OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028
    • 10.4.5.Asia Pacific OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028
    • 10.4.6.China
    • 10.4.7.Japan
    • 10.4.8.India
    • 10.4.9.South Korea
    • 10.4.10.South-East Asia
    • 10.4.11.Rest of Asia Pacific
  • 10.5.Latin America
    • 10.5.1.Latin America OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
    • 10.5.2.Latin America OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
    • 10.5.3.Latin America OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028
    • 10.5.4.Latin America OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028
    • 10.5.5.Latin America OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028
    • 10.5.6.Brazil
    • 10.5.7.Mexico
    • 10.5.8.Rest of Latin America
  • 10.6.The Middle-East and Africa
    • 10.6.1.The Middle-East and Africa OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
    • 10.6.2.The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
    • 10.6.3.The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028
    • 10.6.4.The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028
    • 10.6.5.The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028
    • 10.6.6.GCC Countries
    • 10.6.7.South Africa
    • 10.6.8.Rest of Middle-East Africa
• Chapter 11.Company Profiles
  • 11.1.3M
    • 11.1.1.Company Overview
    • 11.1.2.Financial Overview
    • 11.1.3.Product Portfolio
    • 11.1.4.Business Strategy
    • 11.1.5.Recent Developments
  • 11.2.Bauerfeind AG
  • 11.3.DJO Finance LLC
  • 11.4.BSN Medical
  • 11.5.Össur Hf
  • 11.6.Breg, Inc.
  • 11.7.DeRoyal Industries, Inc.
  • 11.8.Zimmer Biomet Huldings, Inc.
  • 11.9.Ottobock Hulding GmbH & Co. KG
  • 11.1.Bird & Cronin, Inc.
  • 11.11.Neo G
  • 11.12.Mueller Sports Medicine
  • 11.13.medi GmbH & Co. KG
  • 11.14.BSN medical
  • 11.15.Thuasne Group
  • 11.16.Becker Orthopedic
  • 11.17.Trulife

List of Figures 
    
FIG. 1    Research Methodology
FIG. 2    Research Methodology – Basic Overview
FIG. 3    Research Methodology – Detailed View
FIG. 4    Global OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
FIG. 5    Porter’s Five Forces Analysis for Global OTC Orthopedic Braces Market
FIG. 6    Global OTC Orthopedic Braces Market Attractiveness, By Product
FIG. 7    Global OTC Orthopedic Braces Market Attractiveness, By Application
FIG. 8    Global OTC Orthopedic Braces Market Attractiveness, By Distribution Channel
FIG. 9    Global OTC Orthopedic Braces Market Attractiveness, By End-User
FIG. 10    Company Share Analysis, 2020
FIG. 11    Global OTC Orthopedic Braces Market Revenue Share, by Product, 2016 & 2028
FIG. 12    Global OTC Orthopedic Braces Market for Knee, Revenue (USD Million) 2016 - 2028
FIG. 13    Global OTC Orthopedic Braces Market for Ankle, Revenue (USD Million) 2016 - 2028
FIG. 14    Global OTC Orthopedic Braces Market for Spine, Revenue (USD Million) 2016 - 2028
FIG. 15    Global OTC Orthopedic Braces Market for Shoulder, Revenue (USD Million) 2016 - 2028
FIG. 16    Global OTC Orthopedic Braces Market for Neck, Revenue (USD Million) 2016 - 2028
FIG. 17    Global OTC Orthopedic Braces Market for Elbow, Revenue (USD Million) 2016 - 2028
FIG. 18    Global OTC Orthopedic Braces Market for Wrist, Revenue (USD Million) 2016 - 2028
FIG. 19    Global OTC Orthopedic Braces Market for Facial, Revenue (USD Million) 2016 - 2028
FIG. 20    Global OTC Orthopedic Braces Market Revenue Share, by Application, 2016 & 2028
FIG. 21    Global OTC Orthopedic Braces Market for Ligament, Revenue (USD Million) 2016 - 2028
FIG. 22    Global OTC Orthopedic Braces Market for Preventive, Revenue (USD Million) 2016 - 2028
FIG. 23    Global OTC Orthopedic Braces Market for OA, Revenue (USD Million) 2016 - 2028
FIG. 24    Global OTC Orthopedic Braces Market for Compression, Revenue (USD Million) 2016 - 2028
FIG. 25    Global OTC Orthopedic Braces Market Revenue Share, by Distribution Channel, 2016 & 2028
FIG. 26    Global OTC Orthopedic Braces Market for Hospitals, Revenue (USD Million) 2016 - 2028
FIG. 27    Global OTC Orthopedic Braces Market for Clinics, Revenue (USD Million) 2016 - 2028
FIG. 28    Global OTC Orthopedic Braces Market for Pharmacies, Revenue (USD Million) 2016 - 2028
FIG. 29    Global OTC Orthopedic Braces Market for E-Commerce, Revenue (USD Million) 2016 - 2028
FIG. 30    Global OTC Orthopedic Braces Market Revenue Share, by Region, 2016 & 2028
FIG. 31    North America OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
FIG. 32    Europe OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
FIG. 33    Asia Pacific OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
FIG. 34    Latin America OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
FIG. 35    The Middle-East and Africa OTC Orthopedic Braces Market Revenue, 2016 - 2028 (USD Million)
FIG. 36    3M Business Segment Revenue Share, 2018 (%)
FIG. 37    3M Geographical Segment Revenue Share, 2018 (%)
 

List of Tables    

TABLE 1    Global OTC Orthopedic Braces Market: Snapshot
TABLE 2    Drivers of the OTC Orthopedic Braces Market: Impact Analysis
TABLE 3    Restraints for the OTC Orthopedic Braces Market: Impact Analysis
TABLE 4    Global OTC Orthopedic Braces Market Revenue, by Region, 2016 – 2028 (USD Million)
TABLE 5    North America OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 6    North America OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028 (USD Million)
TABLE 7    North America OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 8    North America OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028 (USD Million)
TABLE 9    Europe OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 10    Europe OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028 (USD Million)
TABLE 11    Europe OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 12    Europe OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028 (USD Million)
TABLE 13    Asia Pacific OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 14    Asia Pacific OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028 (USD Million)
TABLE 15    Asia Pacific OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 16    Asia Pacific OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028 (USD Million)
TABLE 17    Latin America OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 18    Latin America OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028 (USD Million)
TABLE 19    Latin America OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 20    Latin America OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028 (USD Million)
TABLE 21    The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 22    The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Product, 2016 – 2028 (USD Million)
TABLE 23    The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 24    The Middle-East and Africa OTC Orthopedic Braces Market Revenue, by Distribution Channel, 2016 – 2028 (USD Million)