OTC Orthopedic Braces Market: Greater Product Affordability and Market Availability
The study involved four major
activities to estimate the current size of the OTC orthopedic 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...
OTC Orthopedic Braces Market: Significant Adoption of Pain Medications
The OTC Orthopedic Braces Market is estimated to be $572 million in 2020 and projected to reach $759 million by 2025, at a CAGR of 5.8%.
Increasing prevalence of orthopedic diseases & disorders, continuous product commercialization, greater product affordability & market availability, rising number of sports and accident-related injuries, and growing public awareness related to...
OTC Orthopedic Braces Market: Significant Adoption of Pain Medications
The OTC Orthopedic Braces Market is estimated to be $572 million in 2020 and projected to reach $759 million by 2025, at a CAGR of 5.8%.
Increasing prevalence of orthopedic diseases & disorders, continuous product commercialization, greater product affordability & market availability, rising number of sports and accident-related injuries, and growing public awareness related to preventive...
OTC Orthopedic Braces Market: Significant Adoption of Pain Medications
The OTC
Orthopedic Braces Market is estimated to be $572 million in 2020 and
projected to reach $759 million by 2025, at a CAGR of 5.8%.
Increasing prevalence of orthopedic diseases &
disorders, continuous product commercialization, greater product affordability
& market availability, rising number of sports and accident-related
injuries, and growing public awareness related to preventive...
COVID-19 Impact on the global OTC Orthopedic Braces Market
The OTC
orthopedic braces market is impacted due to the pandemic, resulting in
short term negative growth due to factors such as a sharp decline in elective
surgeries and ban on organized sports. Moreover, O&P clinics were
temporarily closed, and hospital access restricted to non-essential care. Thus,
limited access to clinics, social distancing, the lockdown of the population,
which results in...
OTC Braces and Supports Market: Rising Number of Sports and Accident-Related Injuries
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 are driving...
OTC Orthopedic Braces Market to Reflect Impressive Growth in Healthcare Industry
The major factors driving the growth of the OTC braces and
supports market are the increasing prevalence of orthopedic diseases &
disorders, rising number of sports and accident-related injuries, and growing
public awareness related to preventive care.
What the Market Looks
Like?
Predicted to grow at a CAGR of 5.1% during the forecast
period, the global OTC
Orthopedic Braces marketis
estimated...
Emerging Trends OTC Orthopedic Braces Market by Types, Revenue, Industry Growth and Forecast 2024
Growth in the OTC braces and supports 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 OTC
Orthopedic Braces 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.
Market...
OTC Orthopedic Braces Market – Top 3 Players and there Market Growth
The increasing prevalence of orthopedic diseases & disorders,
rising number of sports & accident-related injuries, and growing public
awareness related to preventive care are driving the growth of the OTC braces
and supports market.
Market Size
The global OTC
Orthopedic Braces market size is expected to reach USD 1.5 billion by 2024 from USD
1.2 billion in 2019, at a CAGR of 5.1%.
Bauerfeind...
OTC Orthopedic Braces Market Report- Opportunities in Future with Different Segments
According to the new market research “OTC Orthopedic Braces 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″, analyzes and studies the major market drivers, restraints/challenges, and opportunities. The OTC braces...