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OTC Braces & Support - Market Analysis, Trends, and Forecasts

  • ID: 4805902
  • Report
  • February 2020
  • Region: Global
  • 349 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • 3M COMPANY
  • ASPEN MEDICAL PRODUCTS
  • BREG
  • DEROYAL INDUSTRIES
  • MEDI GMBH & CO. KG
  • REMINGTON PRODUCTS
  • MORE
OTC Braces and Support market worldwide is projected to grow by US$413.6 Million, driven by a compounded growth of 4.9%. Lower Extremity Braces & Supports, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$897 Million by the year 2025, Lower Extremity Braces & Supports will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$14.5 Million to the region's size and clout in the next 5 to 6 years. Over US$11.8 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Lower Extremity Braces & Supports will reach a market size of US$48.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.9% over the next couple of years and add approximately US$121.4 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,
  • 3M Company
  • Alcare Co., Ltd.
  • Bauerfeind AG
  • BREG, Inc.
  • BSN Medical GmbH
  • DeRoyal Industries, Inc.
  • DJO Global, Inc.
  • Medi GmbH & Co. KG
  • Ossur
  • Otto Bock HealthCare GmbH
  • Remington Products
  • Trulife
  • Zimmer Biomet Holdings, Inc.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • 3M COMPANY
  • ASPEN MEDICAL PRODUCTS
  • BREG
  • DEROYAL INDUSTRIES
  • MEDI GMBH & CO. KG
  • REMINGTON PRODUCTS
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

A Prelude to OTC Braces & Support Market

Global Competitor Market Shares

OTC Braces & Support Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Market Snapshot

Key Trends Summary

Market Outline Trends

Knee Segment Records Highest Market Share

Asia Pacific Market Expected to Grow High

OTC Orthopedic Braces Market: Increasing Affordability of Products Favors Growth

Orthopedic Clinics Segment Accounts Largest Share

Orthopedic Braces and Supports Market: Osteoarthritis and Sports Injuries Drive Growth

Rise in Adoption of OTC Orthopedic Braces by Geriatric Population

North America OTC Orthopedic Braces Market Trends

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Growing Geriatric Population Boosts Market Growth

Rise in Musculoskeletal Disorders Fuels Orthopedic Braces and Supports Market

Increasing Number of Injures through Sports Drives the Braces Market

Arthritis and Trauma Patients Drive Market Demand

Market Insights of Orthopedic Braces and Supports Market

OTC Orthopedic Braces Market Trends

OTC Braces Market Drivers and Restraints

Rising Prevalence of Bone Disorders Fuels the Market

Increasing Incidence of Orthopedic Injuries Drives the Market

Growth Strategies of OTC Braces and Supports Market

Market Trends of Orthotic Devices Market

Growth Factors of Orthopedic Braces & Supports, Casting & Splints Market

OTC Orthopedic Braces Market: Increasing Affordability of Products Favors Growth

OTC Braces Market Trends

Orthopedic Braces and Supports Market Overview

Orthopedic braces Market Trends

Market Growth Drivers

Market Trends & Drivers

Major Driving Factors of the Market

Factors Driving the Market

Market Restraints

Technological Advancements Boosts the Growth Oppotunities

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US OTC Braces & Support Market Share (in %) by Company: 2019 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European OTC Braces & Support Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Europe Orthopedic Braces and Supports Market Trends

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

3M COMPANY

ALCARE CO., LTD.

BSN MEDICAL GMBH

BAUERFEIND AG

BREG

DJO GLOBAL

DEROYAL INDUSTRIES

OTTO BOCK HEALTHCARE GMBH

REMINGTON PRODUCTS

TRULIFE

ZIMMER BIOMET HOLDINGS

MEDI GMBH & CO. KG

ASPEN MEDICAL PRODUCTS

BIRD & CRONIN

FRANK STUBBS COMPANY INC.

LANGER BIOMECHANICS

MEDTRONIC PLC

OSSUR HF

OTTOBOCK SE & CO. KGAA

SURGICAL APPLIANCE INDUSTRIES

SOLO LABORATORIES

THUASNE GROUP

MCDAVID INC.

OPPO MEDICAL, INC.

REH4MAT S?AWOMIR WRO?SKI

BAUERFEIND USA, INC.

BIOPED FOOTCARE CLINICS

BSN MEDICAL FRANCE

BURLINGTON HEALTH CARE, INC.

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • 3M COMPANY
  • ALCARE CO., LTD.
  • BSN MEDICAL GMBH
  • BAUERFEIND AG
  • BREG
  • DJO GLOBAL
  • DEROYAL INDUSTRIES
  • OTTO BOCK HEALTHCARE GMBH
  • REMINGTON PRODUCTS
  • TRULIFE
  • ZIMMER BIOMET HOLDINGS
  • MEDI GMBH & CO. KG
  • ASPEN MEDICAL PRODUCTS
Note: Product cover images may vary from those shown
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