OTC Orthopedic Braces Market is expected to Reach USD 1.42 Billion by 2022


Posted July 16, 2019 by healthcaremarkettrend

The global OTC Orthopedic Braces Market is expected to reach USD 1.42 Billion by 2022 from USD 1.10 Billion in 2017, at a CAGR of 5.2%.

 
The global OTC Orthopedic Braces Market is expected to reach USD 1.42 Billion by 2022 from USD 1.10 Billion in 2017, at a CAGR of 5.2%.

The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the OTC Orthopedic Braces Market, along with revenue estimates & forecasts and market share analysis.

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113271585

OTC Orthopedic Braces Market segmentation:

· Based on Products
· Based on Application
· Based on Sales Channel
· Based on Regions.

The Major Players Opearting in the OTC Orthopedic Braces Market:

Key players in the OTC Orthopedic Braces Market include 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.

DJO Finance LLC (US) was the leading player in the global OTC Orthopedic Braces Market. The company has a strong distribution network across 36 countries including Australia, Canada, South Africa, and Tunisia, among others.

The company primarily focuses on product launches to sustain its position in the OTC Orthopedic Bracess market. The market has witnessed several product launches by DJO Finance LLC (US) in the last three years including DonJoy Products (such as TriFit & Clima-Flex OA Knee Brace).

Geographical Detailed Analysis for OTC Orthopedic Braces Market:

North America is the largest regional segment in the OTC Orthopedic Braces Market followed by Europe.

The market in North America is primarily driven by the continuous development and commercialization of novel orthopedic braces & support products, growing availability of medical reimbursements for OTC orthopedic braces; and the growing number of sports-related injuries across the US & Canada.

Read More in Detailed (OTC Orthopedic Braces):
https://www.marketsandmarkets.com/PressReleases/otc-orthopedic-braces.asp

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1–888–600–6441
Email: [email protected]
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Issued By Mr. Shelly Singh
Country United States
Categories Business , Health , Medical
Tags global otc orthopedic braces market , otc orthopedic braces market , otc orthopedic braces market forecast , otc orthopedic braces market growth , otc orthopedic braces market insights , otc orthopedic braces market share , otc orthopedic braces market size , otc orthopedic braces market trends
Last Updated July 16, 2019