OTC Braces and Supports Market Globally Grow at a CAGR of 6.4% by 2026 | Top Key Players - McDavid Knee Guard, Globus Medical, Bledsoe Brace Systems, Otto Bock Healthcare GmbH, Langer Biomechanics, FLA Orthopedics

Marketprognosis.com Publish a New Market Research Report On “OTC Braces and Supports - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global OTC Braces and Supports Market:

The Global OTC Braces and Supports market is accounted for $1.16 Billion in 2017 and is expected to reach $2.03 Billion by 2026 growing at a CAGR of 6.4%. Growing number of aging population, rising incidence of orthopedic diseases & disorders, growing knowledge on orthopedic support systems, rapid growth in affordability and accessibility of OTC orthopedic braces and rise in number of accident related injuries and sports related injuries are some factors helping the market to compete across the globe. On the contrary, lack of awareness and high cost of products are some restraints hindering the market growth. Moreover, rising acceptance of E-commerce platforms will provide significant opportunities for the market over the forecast period.

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Based on End-User, orthopedic clinics segment is expected to account for the largest market share owing to patients giving less preference to visit hospitals for acute musculoskeletal problems. They prefer availing products of OTC. As OTC products decrease the time and assist quick treatment for damaged parts of muscles and joints.

Geographically, North America dominated the global market due to increasing knowledge levels related to orthopedic support systems that supports mobility and prevent further injury. Moreover, there is a high risk of osteoporosis among US population owing to their huge population of obese and geriatric people.

Major Key Players:

1 McDavid Knee Guard, Inc.

2 Globus Medical

3 Bledsoe Brace Systems

4 Alcare Company Ltd.

5 Langer Biomechanics

6 FLA Orthopedics, Inc.

7 DeRoyal Industries, Inc.

8 Otto Bock Healthcare GmbH and More…………

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Market Segment by Sales Channels:

1 Hospitals & Orthopedic Clinics

2 Pharmacies & Retailers

3 E-Commerce Platforms

Market Segment by Products:

1 Upper Extremity Braces and Supports

2 OTC Lower Extremity Orthopedic Braces & Supports

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of OTC Braces and Supports Market.

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