DUBLIN--(BUSINESS WIRE)--The "OTC Braces & Support - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
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.
Key Topics Covered:
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
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/d7zuww