OTC Braces and Supports Market by Product (Knee, Ankle, Spine, Shoulder, Neck, Elbow, Wrist, Facial), Category, Application (Ligament (ACL, LCL), Preventive, OA, Compression), Distribution (Clinics, Pharmacies, E-Commerce) - Global Forecast to 2024
[267 Pages Report] The OTC braces and supports market is projected to reach USD 1.5 billion by 2024 from USD 1.2 billion in 2019, at a CAGR of 5.1% during the forecast period. Growth in the market is primarily driven by the growing public awareness related to preventive care, increasing prevalence of orthopedic diseases & disorders, and the rising number of sports and accident-related injuries.
The knee braces and supports segment is expected to register the highest CAGR during the forecast period
Knee braces are utilized as a follow-up treatment post knee surgery associated with injuries such as sprained medial knee ligament, patella tendonitis, torn knee cartilage, knee arthritis, and runners knee. The high growth of the knee braces and supports segment can be attributed to the rising geriatric & obese population (who are at a higher risk of developing osteoarthritis and other knee-related conditions), the increasing incidence of sports injuries, and the benefits offered by these products, such as medial and lateral support, reduced rotation of the knee, limited injury during motion, and protection from post-surgical risk of injury.
By type, the soft & elastic braces and supports segment accounted for the largest share of the OTC braces and supports market in 2018
Soft & elastic braces are the most common bracing & support products in orthopedics. They are easy to use, flexible, provide unrestricted patient mobility, and are highly customizable, as compared to other surgical alternatives. The large share of this segment is attributed to the growing availability of advanced products, increasing adoption & patient preference for orthopedic braces in post-operative & preventive care, and the supportive reimbursement scenario for target products across mature markets.
Pharmacies & retailers will continue to dominate the OTC braces and supports market in the forecast period
Pharmacies & retailers offer orthopedic bracing and support products for preventive care, post-operative rehabilitation, fracture recovery, and physiotherapy. These products are prefabricated and do not require alterations in their specification (such as length, girth, or screwing) to align them with the patients body. Therefore, medical supervision or the presence of an orthopedic technician is not required for their administration. The growth in this market is attributed to the wide availability of orthopedic bracing products through retailers & pharmacies and the rising adoption of off-the-shelf products for sprain & ligament injuries in major countries.
North America is the largest regional market for OTC braces and supports
North America is one of the major revenue-generating regions in the OTC braces and supports market. The supportive government regulations for product commercialization, high prevalence of musculoskeletal conditions in the adult population, continuous development and commercialization of novel OTC orthopedic braces & support products, significant number of sports-related injuries in the country, active public participation in physical activities, and the presence of major manufacturers in the region are driving the growth of the market in North America.
Key Market Players
Breg, Inc. (US), DJO Finance LLC (US), Bauerfeind AG (Germany), DeRoyal Industries, Inc. (US) and Φssur Hf (Iceland) are the top five players in the market. Other prominent players operating in this market include Oppo Medical, Inc. (US), Zimmer Biomet Holdings, Inc. (US), Ottobock Holding GmbH & Co. KG (Germany), Bird & Cronin, Inc. (US), Reh4Mat (Poland), 3M Company (US), medi GmbH & Co. KG (Germany), BSN medical (Germany), Thuasne Group (France), Becker Orthopedic (US), and United Ortho (US).
DJO Finance LLC (US) is one of the major players operating in this market. The company offers a broad range of orthopedic braces and supports that are used in various areas, such as ligament injuries, preventive care, and post-operative rehabilitation. The company has distribution networks in Australia, Canada, South Africa, and Tunisia, and distributes its braces and supports in more than 36 countries. DJO mainly focuses on the development of technologically innovative products to strengthen its position in the market. The company focuses on market expansions to further strengthen its position in the market. For instance, in December 2018, the company established its new global headquarters in Dallas, US, to develop and market DonJoy products.
Furthermore, the orthopedic rehabilitation solutions industry is expected to witness significant disruption over the next decade, owing to the emergence of novel technologies. Researchers and prominent market players/start-ups are focused on the development of novel solutions to address such clinical limitations, which will prove significantly disruptive to established and available market products. Some of these areas of disruptive innovation are biofilm-coated orthopedic implants, the soul insole, exoskeletons/bionics, and smart clothing solutions. Given the expected development and commercialization of such technologies underway, major and emerging players alike should account for changes in the market landscape and expand their presence, product pipelines, and technological competencies to remain competitive in the orthopedic rehabilitation solutions industry.
Scope of the Report
|
Report Metric |
Details |
|
Market Size Available for Years |
20172024 |
|
Base Year Considered |
2018 |
|
Forecast Period |
20192024 |
|
Forecast Units |
Value (USD) |
|
Segments Covered |
Product, Type, Application, Distribution Channel, and Region |
|
Geographies Covered |
North America (US & Canada), Europe (Germany, the UK, France, Italy, Spain, and RoE), APAC (Japan, China, India, and the RoAPAC), LATAM (Brazil, Mexico, and RoLATAM), and the MEA |
|
Companies Covered |
DJO Finance LLC (US), Φssur Hf (Iceland), Breg, Inc. (US), Bauerfeind AG (Germany), Ottobock Holding GmbH & Co. KG (Germany), medi GmbH & Co. KG (Germany), BSN medical (Germany), Thuasne Group (France), Reh4Mat (Poland), 3M Company (US), Zimmer Biomet Holdings, Inc. (US), DeRoyal Industries, Inc. (US), Bird & Cronin, Inc. (US), Becker Orthopedic (US), and United Ortho (US) |
This research report categorizes the market based on product, type, application, distribution channel, and region.
OTC Braces and Supports Market, by Product
- Ankle Braces and Supports
- Foot Walkers and Orthoses
- Hip, Back, and Spine Braces and Supports
- Neck & Cervical Spine Braces and Supports
- Lower 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
OTC Braces and Supports Market, by Type
- Soft & Elastic Braces and Supports
- Hinged Braces and Supports
- Hard & Rigid Braces and Supports
OTC Braces and Supports Market, by Application
- Preventive Care
- Ligament Injury Repair
- Anterior Cruciate Ligament Injury
- Lateral Collateral Ligament Injury
- Other Ligament Injuries
- Post-operative Rehabilitation
- Osteoarthritis
- Compression Therapy
- Other Applications
OTC Braces and Supports Market, by Region
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- RoE
- Asia Pacific
- Japan
- China
- India
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Recent Developments
- In December 2018, DJO Finance established its new global headquarters in Dallas, US, to develop and market DonJoy Products, which includes braces and supports.
- In November 2018, DJO Finance launched EMPOWR Porous Knee System and EMPOWR Complex Primary Knee System. This helped the company to improve its position in the OTC braces and supports market.
- In March 2018, DJO Finance launched X4 Smart Brace with Motion Intelligence.
- In March 2017, DJO Finance launched TriFit Knee Brace (a DonJoy Product).
Key Questions Addressed by the Report:
- Emerging countries are offering immense opportunities for the growth and adoption of OTC braces and supports. Will this scenario continue in the coming years?
- Where will all the advancements in products offered by various companies take the industry in the mid-to-long term?
- What are the various research institutes where OTC braces and supports find a high adoption rate?
- What are the new trends and advancements in the market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 20)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency Used for the Study
1.5 Major Market Stakeholders
2 Research Methodology (Page No. - 23)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.2 Market Estimation Methodology
2.2.1 End User-Based Market Estimation
2.2.2 Revenue Mapping-Based Market Estimation
2.2.3 Primary Research Validation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations
3 Executive Summary (Page No. - 31)
4 Premium Insights (Page No. - 36)
4.1 OTC Braces and Supports: Market Overview
4.2 Asia Pacific: OTC Braces and Supports Market, By Distribution Channel
4.3 OTC Braces and Supports Market, By Product
4.4 OTC Braces and Supports Market Share, By Type and Region (2019)
4.5 OTC Braces and Supports Market, By Application
4.6 OTC Braces and Supports Market, By Country
5 Market Overview (Page No. - 42)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Prevalence of Orthopedic Diseases and Disorders
5.2.1.2 Continuous Product Commercialization
5.2.1.3 Greater Product Affordability and Market Availability
5.2.1.4 Rising Number of Sports and Accident-Related Injuries
5.2.1.5 Growing Public Awareness Related to Preventive Care
5.2.1.6 Promotion and Branding Initiatives Undertaken By Major Product Manufacturers
5.2.2 Restraints
5.2.2.1 Limited Options to Customize OTC Orthopedic Braces and Supports
5.2.2.2 Limited Clinical Evidence to Support the Efficacy of Orthopedic Braces
5.2.3 Opportunities
5.2.3.1 Increased Sales of Off-The-Shelf Products Through E-Commerce Platforms
5.2.4 Challenges
5.2.4.1 Significant Adoption of Pain Medications
5.2.4.2 Limited Reimbursement Coverage
5.3 Regulatory Scenario
5.4 Roadmap: Future Changes in the OTC Braces & Supports Market
6 OTC Braces and Supports Market, By Product (Page No. - 52)
6.1 Introduction
6.2 Knee Braces and Supports
6.2.1 Rise in Geriatric and Obese Populations is A Key Driver of Market Growth
6.2.1.1 Knee Braces and Supports Market, By Type
6.2.1.2 Knee Braces and Supports Market, By Application
6.2.1.3 Knee Braces and Supports Market, By Distribution Channel
6.3 Ankle Braces and Supports
6.3.1 Wide Use in Preventive Care Applications has Driven Product Demand
6.3.1.1 Ankle Braces and Supports Market, By Type
6.3.1.2 Ankle Braces and Supports Market, By Application
6.3.1.3 Ankle Braces and Supports Market, By Distribution Channel
6.4 Foot Walkers and Orthoses
6.4.1 Increasing Incidence of Foot Injuries is Driving Market Growth
6.4.1.1 Foot Walkers and Orthoses Market, By Type
6.4.1.2 Foot Walkers and Orthoses Market, By Application
6.4.1.3 Foot Walkers and Orthoses Market, By Distribution Channel
6.5 Back, Hip, & Spine Braces and Supports
6.5.1.1 Back, Hip and Spine Braces and Supports Market, By Type
6.5.1.2 Back, Hip and Spine Braces and Supports Market, By Application
6.5.1.3 Back, Hip and Spine Braces and Supports Market, By Distribution Channel
6.5.2 Lower Spine Braces & Supports
6.5.2.1 Favorable Reimbursement Scenario and Increasing Patient Base Will Ensure Sustained Demand for Market Offerings
6.5.2.1.1 Lower Spine Braces and Supports Market, By Type
6.5.2.1.2 Lower Spine Braces and Supports Market, By Application
6.5.2.1.3 Lower Spine Braces and Supports Market, By Distribution Channel
6.5.3 Neck and Cervical Braces and Supports
6.5.3.1 Growing Product Demand is Linked to Rising Participation in Extreme Sports
6.5.3.1.1 Neck and Cervical Braces and Supports Market, By Type
6.5.3.1.2 Neck and Cervical Braces and Supports Market, By Application
6.5.3.1.3 Neck and Cervical Braces and Supports Market, By Distribution Channel
6.6 Shoulder Braces and Supports
6.6.1 Product Development and Commercialization Will Fuel Market Growth in This Segment
6.6.1.1 Shoulder Braces and Supports Market, By Type
6.6.1.2 Shoulder Braces and Supports Market, By Application
6.6.1.3 Shoulder Braces and Supports Market, By Distribution Channel
6.7 Elbow Braces and Supports
6.7.1 Limitations and Preference for Surgeries and Medications have Restrained Demand for Elbow Braces & Supports
6.7.1.1 Elbow Braces and Supports Market, By Type
6.7.1.2 Elbow Braces and Supports Market, By Application
6.7.1.3 Elbow Braces and Supports Market, By Distribution Channel
6.8 Hand & Wrist Braces and Supports
6.8.1 Increasing Number of Road Accident & Sports Injuries are Contributing to Market Growth
6.8.1.1 Hand & Wrist Braces and Supports Market, By Type
6.8.1.2 Hand & Wrist Braces and Supports Market, By Application
6.8.1.3 Hand & Wrist Braces and Supports Market, By Distribution Channel
6.9 Facial Braces and Supports
6.9.1 Lack of Credible Evidence on Therapeutic Efficiency has Restrained Market Growth
6.9.1.1 Facial Braces and Supports Market, By Type
6.9.1.2 Facial Braces and Supports Market, By Application
6.9.1.3 Facial Braces and Supports Market, By Distribution Channel
7 OTC Orthopedic Braces and Supports Market, By Type (Page No. - 80)
7.1 Introduction
7.2 Soft & Elastic Braces and Supports
7.2.1 Advantages of Soft & Elastic Braces and Supports have Fueled Their Adoption Over Other Product Types
7.3 Hard & Rigid Braces and Supports
7.3.1 Rising Prevalence of Target Diseases Supporting Market Growth
7.4 Hinged Braces and Supports
7.4.1 Rising Geriatric Population and Increasing Number of Knee Injuries to Support Market Growth
8 OTC Braces and Supports Market, By Application (Page No. - 85)
8.1 Introduction
8.2 Ligament Injury Repair
8.2.1 Anterior Cruciate Ligament Injuries
8.2.1.1 Rising Participation in Sports Such as Football, Basketball, and Skiing to Increase the Incidence of ACL Injuries
8.2.2 Lateral Collateral Ligament Injury
8.2.2.1 Limited Clinical Evidence to Support the Therapeutic Efficacy of Knee Braces in LCL Treatment to Subdue Market Growth
8.2.3 Other Ligament Injuries
8.3 Preventive Care
8.3.1 Availability of Credible Clinical Evidence to Support the Clinical Efficacy of OTC Braces and Supports in Preventive Care to Support Market Growth
8.4 Post-Operative Rehabilitation
8.4.1 Increasing Number of Orthopedic Reconstructive Surgeries to Support Market Growth
8.5 Osteoarthritis
8.5.1 Rising Public Awareness on the Side-Effects of Oral Medications for Pain Management has Driven the Use of Braces & Supports
8.6 Compression Therapy
8.6.1 Development of Technologically Advanced Compression Braces to Support Market Growth
8.7 Other Applications
8.7.1 Dearth of Medical Reimbursements for Target Applications to Hamper Market Growth
9 OTC Braces and Supports Market, By Distribution Channel (Page No. - 95)
9.1 Introduction
9.2 Pharmacies & Retailers
9.2.1 Pharmacies & Retailers Dominate the OTC Braces and Supports Market
9.3 E-Commerce Platforms
9.3.1 E-Commerce is Fast Emerging as A Major Distribution Channel for Various Orthopedic Bracing & Support Products
9.4 Orthopedic Clinics
9.4.1 Rising Number of Ambulatory Care Units Across Mature Markets is Supporting the Growth of This Segment
10 OTC Braces and Supports Market, By Region (Page No. - 100)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Increasing Number of Sports-Related Injuries and Strong Presence of Market Players Driving the US Market
10.2.2 Canada
10.2.2.1 Rising Incidences of Bone-Related Degenerative Diseases to Drive the Demand for Orthopedic Braces & Supports in Canada
10.3 Europe
10.3.1 Germany
10.3.1.1 Favorable Outlook in Germany has Supported Product Commercialization
10.3.2 UK
10.3.2.1 Market Growth in the UK is Mainly Driven By the Increasing Number of Sports Injuries
10.3.3 France
10.3.3.1 High Obese and Geriatric Populations in France Will Drive Demand for Braces & Supports
10.3.4 Italy
10.3.4.1 Increasing Public Awareness About Preventive Care for Musculoskeletal Injuries to Drive Market Growth
10.3.5 Spain
10.3.5.1 Increasing Market Availability of Orthopedic Braces and Supports to Drive the Market Growth
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.1.1 Japan Dominates the APAC OTC Braces and Supports Market
10.4.2 China
10.4.2.1 Expansion in Target Patient Population and Modernization of Healthcare Facilities to Drive the Market Growth
10.4.3 India
10.4.3.1 Growing Number of Hip & Knee Surgeries to Support Market Growth
10.4.4 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.1.1 Increasing Incidence of Hip Fractures Driving Market Growth
10.5.2 Mexico
10.5.2.1 Rising Orthopedic Degenerative Diseases to Support Market Growth
10.5.3 Rest of Latin America
10.6 Middle East & Africa
11 Competitive Landscape (Page No. - 144)
11.1 Overview
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 Key Product Launches
11.3.2 Key Expansions
11.3.3 Key Mergers and Acquisitions
11.3.4 Key Partnerships, Agreements, and Collaborations
11.4 Competitive Leadership Mapping
11.4.1 Vendor Inclusion Criteria
11.4.1.1 Visionary Leaders
11.4.1.2 Innovators
11.4.1.3 Dynamic Differentiators
11.4.1.4 Emerging Companies
12 Company Profiles (Page No. - 152)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 3M Company
12.2 Alcare Co., Ltd.
12.3 Bauerfeind AG
12.4 Bird and Cronin, Inc. (A Part of Dynatronics Corporation)
12.5 Breg, Inc.
12.6 Bsn Medical (A Part of Svenska Cellulosa Aktiebolaget)
12.7 DJO Finance LLC (A Subsidiary of Colfax Corporation)
12.8 Deroyal Industries, Inc.
12.9 Medi GmbH & Co. Kg
12.10 Φssur HF
12.11 Ottobock Healthcare (A Part of Ottobock Group Scandinavia)
12.12 Remington Products Company
12.13 Thuasne Group
12.14 Trulife
12.15 Zimmer Biomet Holdings, Inc.
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 Appendix (Page No. - 249)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details
List of Tables (123 Tables)
Table 1 OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 2 Knee Braces and Supports Market, By Region, 20172024 (USD Million)
Table 3 Knee Braces and Supports Market, By Type, 20172024 (USD Million)
Table 4 Knee Braces and Supports Market, By Application, 20172024 (USD Million)
Table 5 Knee Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 6 Ankle Braces and Supports Market, By Region, 20172024 (USD Million)
Table 7 Ankle Braces and Supports Market, By Type, 20172024 (USD Million)
Table 8 Ankle Braces and Supports Market, By Application, 20172024 (USD Million)
Table 9 Ankle Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 10 Foot Walkers and Orthoses Market, By Region, 20172024 (USD Million)
Table 11 Foot Walkers and Orthoses Market, By Type, 20172024 (USD Million)
Table 12 Foot Walkers and Orthoses Market, By Application, 20172024 (USD Million)
Table 13 Foot Walkers and Orthoses Market, By Distribution Channel, 20172024 (USD Million)
Table 14 Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 15 Back, Hip, & Spine Braces and Supports Market, By Region, 20172024 (USD Million)
Table 16 Back, Hip, and Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 17 Back, Hip, and Spine Braces and Supports Market, By Application, 20172024 (USD Million)
Table 18 Back, Hip, and Spine Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 19 Lower Spine Braces and Supports Market, By Region, 20172024 (USD Million)
Table 20 Lower Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 21 Lower Spine Braces and Supports Market, By Application, 20172024 (USD Million)
Table 22 Lower Spine Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 23 Neck and Cervical Braces and Supports Market, By Region, 20172024 (USD Million)
Table 24 Neck and Cervical Braces and Supports Market, By Type, 20172024 (USD Million)
Table 25 Neck and Cervical Braces and Supports Market, By Application, 20172024 (USD Million)
Table 26 Neck and Cervical Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 27 Shoulder Braces and Supports Market, By Region, 20172024 (USD Million)
Table 28 Shoulder Braces and Supports Market, By Type, 20172024 (USD Million)
Table 29 Shoulder Braces and Supports Market, By Application, 20172024 (USD Million)
Table 30 Shoulder Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 31 Elbow Braces and Supports Market, By Region, 20172024 (USD Million)
Table 32 Elbow Braces and Supports Market, By Type, 20172024 (USD Million)
Table 33 Elbow Braces and Supports Market, By Application, 20172024 (USD Million)
Table 34 Elbow Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 35 Hand & Wrist Braces and Supports Market, By Region, 20172024 (USD Million)
Table 36 Hand & Wrist Braces and Supports Market, By Type, 20172024 (USD Million)
Table 37 Hand & Wrist Braces and Supports Market, By Application, 20172024 (USD Million)
Table 38 Hand & Wrist Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 39 Facial Braces and Supports Market, By Region, 20172024 (USD Million)
Table 40 Facial Braces and Supports Market, By Type, 20172024 (USD Million)
Table 41 Facial Braces and Supports Market, By Application, 20172024 (USD Million)
Table 42 Facial Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 43 OTC Orthopedic Braces and Supports Market, By Type, 20172024 (USD Million)
Table 44 Soft & Elastic OTC Orthopedic Braces and Supports Market, By Region, 20172024 (USD Million)
Table 45 Hard & Rigid OTC Orthopedic Braces and Supports Market, By Region, 20172024 (USD Million)
Table 46 Hinged OTC Orthopedic Braces and Supports Market, By Region, 20172024 (USD Million)
Table 47 OTC Orthopedic Braces and Supports Market, By Application, 20172024 (USD Million)
Table 48 OTC Orthopedic Braces and Supports Market for Ligament Injuries, By Type, 20172024 (USD Million)
Table 49 OTC Orthopedic Braces and Supports Market for Ligament Injuries, By Region, 20172024 (USD Million)
Table 50 OTC Orthopedic Braces and Supports Market for Anterior Cruciate Ligament Injuries, By Region, 20172024 (USD Million)
Table 51 OTC Orthopedic Braces and Supports Market for Lateral Collateral Ligament Injuries, By Region, 20172024 (USD Million)
Table 52 OTC Orthopedic Braces and Supports Market for Other Ligament Injuries, By Region, 20172024 (USD Million)
Table 53 OTC Orthopedic Braces and Supports Market for Preventive Care, By Region, 20172024 (USD Million)
Table 54 OTC Orthopedic Braces and Supports Market for Post-Operative Rehabilitation, By Region, 20172024 (USD Million)
Table 55 OTC Orthopedic Braces and Supports Market for Osteoarthritis, By Region, 20172024 (USD Million)
Table 56 OTC Orthopedic Braces and Supports Market for Compression Therapy, By Region, 20172024 (USD Million)
Table 57 OTC Orthopedic Braces and Supports Market for Other Applications, By Region, 20172024 (USD Million)
Table 58 OTC Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 59 OTC Braces and Supports Market for Pharmacies & Retailers, By Region, 20172024 (USD Million)
Table 60 OTC Braces and Supports Market for E-Commerce Platforms, By Region, 20172024 (USD Million)
Table 61 OTC Braces and Supports Market for Orthopedic Clinics, By Region, 20172024 (USD Million)
Table 62 OTC Braces and Supports Market, By Region, 20172024 (USD Million)
Table 63 North America: OTC Braces and Supports Market, By Country, 20172024 (USD Million)
Table 64 North America: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 65 North America: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 66 North America: OTC Braces and Supports Market, By Type, 20172024 (USD Million)
Table 67 North America: OTC Braces and Supports Market, By Application, 20172024 (USD Million)
Table 68 North America: OTC Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 69 US: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 70 US: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 71 Canada: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 72 Canada: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 73 Europe: OTC Braces and Supports Market, By Country, 20172024 (USD Million)
Table 74 Europe: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 75 Europe: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 76 Europe: OTC Braces and Supports Market, By Type, 20172024 (USD Million)
Table 77 Europe: OTC Braces and Supports Market, By Application, 20172024 (USD Million)
Table 78 Europe: OTC Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 79 Product Launches in Germany, 20162019
Table 80 Germany: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 81 Germany: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 82 UK: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 83 UK: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 84 France: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 85 France: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 86 Italy: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 87 Italy: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 88 Spain: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 89 Spain: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 90 Number of Hip and Knee Surgeries Conducted in RoE Countries
Table 91 RoE: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 92 RoE: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 93 Asia Pacific: OTC Braces and Supports Market, By Country, 20172024 (USD Million)
Table 94 Asia Pacific: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 95 Asia Pacific: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 96 Asia Pacific: OTC Braces and Supports Market, By Type,20172024 (USD Million)
Table 97 Asia Pacific: OTC Braces and Supports Market, By Application, 20172024 (USD Million)
Table 98 Asia Pacific: OTC Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 99 Japan: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 100 Japan: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 101 China: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 102 China: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 103 India: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 104 India: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 105 RoAPAC: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 106 RoAPAC: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 107 Latin America: OTC Braces and Supports Market, By Country, 20172024 (USD Million)
Table 108 Latin America: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 109 Latin America: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 110 Latin America: OTC Braces and Supports Market, By Type, 20172024 (USD Million)
Table 111 Latin America: OTC Braces and Supports Market, By Application, 20172024 (USD Million)
Table 112 Latin America: OTC Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
Table 113 Brazil: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 114 Brazil: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 115 Mexico: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 116 Mexico: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 117 RoLAtam: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 118 RoLAtam: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 119 Middle East and Africa: OTC Braces and Supports Market, By Product, 20172024 (USD Million)
Table 120 Middle East and Africa: Back, Hip, & Spine Braces and Supports Market, By Type, 20172024 (USD Million)
Table 121 Middle East and Africa: OTC Braces and Supports Market, By Type, 20172024 (USD Million)
Table 122 Middle East and Africa: OTC Braces and Supports Market, By Application, 20172024 (USD Million)
Table 123 Middle East and Africa: OTC Braces and Supports Market, By Distribution Channel, 20172024 (USD Million)
List of Figures (37 Figures)
Figure 1 Research Design
Figure 2 Breakdown of Primaries: OTC Orthopedic Braces and Supports Market
Figure 3 Research Methodology: Hypothesis Building
Figure 4 Market Size Estimation: OTC Orthopedic Braces and Supports Market
Figure 5 Data Triangulation Methodology
Figure 6 OTC Braces and Supports Market, By Product, 2019 vs 2024 (USD Million)
Figure 7 OTC Braces and Supports Market Share, By Type, 2019 vs 2024
Figure 8 OTC Braces and Supports Market Share, By Application, 2019 vs 2024
Figure 9 OTC Braces and Supports Market, By Distribution Channel, 2019 vs 2024 (USD Million)
Figure 10 Geographic Snapshot: OTC Braces and Supports Market
Figure 11 Increasing Prevalence of Orthopedic Diseases & Disorders to Drive the Demand for OTC Braces and Supports During the Forecast Period
Figure 12 Pharmacies and Retailers to Dominate the APAC OTC Braces and Supports Market During the Forecast Period
Figure 13 Knee Braces and Supports to Register the Highest CAGR During the Forecast Period
Figure 14 North America to Dominate the OTC Braces and Supports Market
Figure 15 Preventive Care Applications to Dominate the OTC Braces and Supports Market During the Forecast Period
Figure 16 China is Estimated to Be the Fastest-Growing Country in the OTC Braces and Supports Market
Figure 17 OTC Braces and Supports Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Obese Population (As A Percentage of the Total Population) in Oecd Countries (2017)
Figure 19 Injuries Caused By Various Sports Activities in the US (2017)
Figure 20 Germany Reported Highest Number of Road Accidents Globally (2016)
Figure 21 Knee Braces and Supports Segment to Dominate the Market During the Forecast Period
Figure 22 Number of Plastic Surgery Procedures Worldwide (As of 2017)
Figure 23 Soft & Elastic Braces and Supports Segment to Dominate the Market During the Forecast Period
Figure 24 Pharmacies & Retailers Segment to Dominate the OTC Braces and Supports Market During the Forecast Period
Figure 25 North America: OTC Braces and Supports Market Snapshot
Figure 26 Europe: OTC Braces and Supports Market Snapshot
Figure 27 Asia Pacific: OTC Braces and Supports Market Snapshot
Figure 28 Latin America: OTC Braces and Supports Market Snapshot
Figure 29 Middle East and Africa: OTC Braces and Supports Market Snapshot
Figure 30 Key Developments in the OTC Braces and Supports Market From 2014 to 2018
Figure 31 DJO Finance LLC Held the Leading Position in the OTC Braces and Supports Market in 2018
Figure 32 OTC Braces and Supports Market (Global) Competitive Leadership Mapping, 2018
Figure 33 OTC Braces and Supports Market (Start-Up/SMSE) Competitive Leadership Mapping, 2018
Figure 34 3M Company: Company Snapshot (2018)
Figure 35 DJO Global Finance LLC: Company Snapshot (2017)
Figure 36 Φssur HF: Company Snapshot (2018)
Figure 37 Zimmer Biomet Holdings, Inc.: Company Snapshot (2018)
The study involved four major activities to estimate the current size of the OTC braces and supports market. Exhaustive secondary research was carried out to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to in order to identify and collect information for this study.
Primary Research
The OTC braces and supports market comprises several stakeholders such as orthopedic clinics, pharmacies, retailers, e-commerce government agencies, and research organizations. The demand side of this market is characterized by the increasing incidence of sports injuries and the rising adoption of novel orthopedic braces for preventive care. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Top-down and bottom-up approaches were used to estimate and validate the total size of the OTC braces and supports market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research
- The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
Data Triangulation
After arriving at the overall market sizeusing the market size estimation processes as explained abovethe market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the OTC braces and supports industry.
Report Objectives
- To define, describe, and forecast the OTC braces and supports market by product, type, application, distribution channel, and region
- To provide detailed information about the major factors influencing market growth (key drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contributions to the overall market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the market size of various segments and subsegments with respect to five main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
- To profile the key players in the market and comprehensively analyze their global revenue shares and core competencies
- To track and analyze competitive market-specific developments such as product approvals & commercialization, agreements, partnerships, collaborations, acquisitions, and expansions in the OTC braces and supports market
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the market report:
Product Analysis
- Product Matrix, which gives a detailed comparison of the product portfolios of the top five global players
Product Analysis
- Further breakdown of the Rest of Europe market into Poland, Sweden, and other European countries (aggregated)
Company Information
- Detailed analysis and profiling of additional market players (up to 5 OEMs)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the OTC Braces and Supports Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in OTC Braces and Supports Market