OTC Orthopedic Braces Market: Recent Industry Trends and Projected Industry Size by 2020-2027

Orthopedic braces are the devices used to strengthen and support the muscles and joints of knee, back, ankle, neck, hip, elbow, wrist, and fingers. These are used for controlling the movement of limbs and joints as well as to rectify structural deformities. These braces are designed to provide mechanical strength and support to alleviate pain due to sprain, strain, and other musculoskeletal disorders. The applications of braces include osteoarthritic care, injury treatment & prevention, and postoperative care.

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COVID-19 scenario-

1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.

2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.

3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.

Global OTC Orthopedic Braces Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2020-2027). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report.

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These are used for controlling the movement of limbs and joints as well as to rectify structural deformities. These braces are designed to provide mechanical strength and support to alleviate pain due to sprain, strain, and other musculoskeletal disorders. The applications of braces include osteoarthritic care, injury treatment & prevention, and postoperative care.

The global OTC orthopedic braces market is segmented on the basis of product, indication, end user, and geography.

Based on product, it is divided into knee braces & supports, foot and ankle braces & support, upper extremity braces & support, and spinal orthoses.

Based on indication, it is classified into osteoarthritis, injury, prophylactic, and others.

On the basis on end user, it is categorized into orthopedic clinics, pharmacies, hospitals, and others.

Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The Major Key Players Are:

Breg, Inc., DeRoyal Industries, Inc., BSN medical, Ottobock, 3M Company, DJO Finance LLC., medi GmbH & Co. KG, Bauerfeind AG, ssur Corporate, and Thuasne SA.

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