OTC Orthopedic Braces Market 2019 |Key Players are Breg, Ossur Hf, Bauerfeind,BSN, medi, 3M

The Report ”OTC Braces & Support Market by Product (Knee, Back, Spine, Hip, Ankle, Foot, Shoulder, Elbow, Hand), Application (Osteoarthritis, Preventive Care, Ligament Injury), Sales Channel (Pharmacies, Retailers, E-Commerce, Hospitals) - Global Forecasts to 2022”

The global OTC braces and supports market is projected to reach USD 1.42 Billion by 2022 from USD 1.05 Billion in 2016, at a CAGR of 5.2% during 2017–2022.

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Objectives of the study are:

• To define, describe, segment, and forecast the global OTC braces and supports market by product, application, sales channel, and region
• To forecast the size of the market segments with respect to the four key regions North America, Europe, Asia Pacific, and the rest of the world (RoW)
• To provide detailed information regarding the major factors influencing the overall market growth (drivers, restraints, opportunities, and challenges) across individual geographies
• To analyze micromarkets with respect to their individual growth trends, prospects, and contributions to the overall market

This research study involves the extensive use of secondary sources, directories, and databases (such as, Bloomberg Business, Factiva, and Dun & Bradstreet), to identify and collect information useful for this technical, market-oriented, and financial study of the orthopedic braces and supports market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.

Factors such as growing prevalence of musculoskeletal disorders and diseases, rapid growth in the geriatric population, rising number of sports-related injuries, and growing adoption of e-commerce platforms for OTC orthopedic braces are driving the growth of the market.

Major players in the market are DJO Finance LLC (US), Breg, Inc. (US), Ossur Hf (Iceland), DeRoyal Industries, Inc. (US), Bauerfeind AG (Germany), Otto Bock Holding GmbH & Co. KG (Germany), BSN medical (Germany), medi GmbH & Co. KG (Germany), THUASNE Group (France), and 3M Company (US), among others.

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