The Latin America, Middle East and Africa OTC Braces & Supports Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
The OTC (over-the-counter) braces & supports are medical devices created in such a way that they can be used to correctly align, support, correct the position, and protect certain body parts as they recover from trauma or injuries like ankle & ligament injury, and knee injury & replacement. Additionally, these braces are useful for treating a number of sports injuries, including tennis elbow, hamstring strains, ankle sprains, and ACL (anterior cruciate ligament) tears.
Osteoarthritis affects the entire joint and is a complicated condition. It is mostly recognized as a wear-and-tear kind of arthritis that frequently impacts older people's knees. One side of the knee is typically more affected by the condition than the other. Knee may align improperly as a result of this uneven damage, giving people the appearance of having knock-kneed or bowlegged legs. This misalignment gets worse as the harm gets worse. A knee brace can help decrease discomfort by relieving pressure on the area of the joint that is most affected by osteoarthritis. A knee brace can also help people stand and walk around with more assurance.
The number of traffic fatalities in South Africa rose by 52% between 2000 and 2018, as per the data of the International Transport Forum's 2019 Road Safety Annual Report. The market is also anticipated to gain from higher government spending on the development of healthcare facilities and infrastructure. Additionally, due to growing consumer awareness of healthcare and fitness, more customers are likely to spend on preventative care solutions, which will increase the demand for OTC braces and supports throughout the projection period.
The Brazil market dominated the LAMEA OTC Braces & Supports Market by Country in 2021; thereby, achieving a market value of $26.2 Million by 2028. The Argentina market is showcasing a CAGR of 9.9% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 9.1% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Pharmacies & Retailers, E-Commerce Platforms and Orthopedic Clinics & Hospitals. Based on Product, the market is segmented into Knee Braces & Supports, Ankle Braces & Supports, Hand/Wrist Braces & Supports, Back, Hip & Spine Braces and Supports, Shoulder Braces & Supports, Elbow Braces & Supports, Foot Walkers & Orthoses and Others. Based on Application, the market is segmented into Preventive Care, Osteoarthritis, Ligament Injury Repair, Compression Therapy and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global OTC Braces & Supports Market is Predict to reach $1.3 Billionn by 2028, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Essity AB, Ossur Hf., Ottobock SE & Co. KGaA, Bauerfeind AG, Nippon Seiki Co., Ltd., Zimmer Biomet Holdings, Inc., Becker Orthopedic, DJO Global and Breg, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Pharmacies & Retailers
- E-Commerce Platforms
- Orthopedic Clinics & Hospitals
By Product
- Knee Braces & Supports
- Ankle Braces & Supports
- Hand/Wrist Braces & Supports
- Back, Hip & Spine Braces and Supports
- Shoulder Braces & Supports
- Elbow Braces & Supports
- Foot Walkers & Orthoses
- Others
By Application
- Preventive Care
- Osteoarthritis
- Ligament Injury Repair
- Compression Therapy
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Essity AB
- Ossur Hf.
- Ottobock SE & Co. KGaA
- Bauerfeind AG
- Nippon Seiki Co., Ltd.
- Zimmer Biomet Holdings, Inc.
- Becker Orthopedic
- DJO Global
- Breg, Inc.
TABLE 1 LAMEA OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 2 LAMEA OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 3 LAMEA OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Pharmacies & Retailers Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Pharmacies & Retailers Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA E-Commerce Platforms Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA E-Commerce Platforms Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Orthopedic Clinics & Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Orthopedic Clinics & Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 12 LAMEA OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 13 LAMEA Knee Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Knee Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Ankle Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Ankle Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Hand/Wrist Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Hand/Wrist Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Back, Hip & Spine Braces and Supports Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Back, Hip & Spine Braces and Supports Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Shoulder Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Shoulder Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Elbow Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Elbow Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Foot Walkers & Orthoses Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Foot Walkers & Orthoses Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 30 LAMEA OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 31 LAMEA Preventive Care Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Preventive Care Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Ligament Injury Repair Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Ligament Injury Repair Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Compression Therapy Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Compression Therapy Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA OTC Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA OTC Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 43 Brazil OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 44 Brazil OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 45 Brazil OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Brazil OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Brazil OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 48 Brazil OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 49 Brazil OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 50 Brazil OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 51 Argentina OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 52 Argentina OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 53 Argentina OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Argentina OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Argentina OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 56 Argentina OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 57 Argentina OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 58 Argentina OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 59 UAE OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 60 UAE OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 61 UAE OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 UAE OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 UAE OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 64 UAE OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 65 UAE OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 66 UAE OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 75 South Africa OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 76 South Africa OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 77 South Africa OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 South Africa OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 South Africa OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 80 South Africa OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 81 South Africa OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 82 South Africa OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 83 Nigeria OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 84 Nigeria OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 85 Nigeria OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 86 Nigeria OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 87 Nigeria OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 88 Nigeria OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 89 Nigeria OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 90 Nigeria OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 99 Key Information – 3M Company
TABLE 100 key Information – Zimmer Biomet Holdings, Inc.
TABLE 101 Key Information – Essity AB
TABLE 102 Key Information – DJO Global
TABLE 103 Key Information –Ossur Hf.
TABLE 104 Key Information – Ottobock SE & Co. KGaA
TABLE 105 key information – Nippon Seiki Co., Ltd.
TABLE 106 Key Information – Bauerfeind AG
TABLE 107 Key Information – Becker Orthopedic
TABLE 108 Key Information – Breg, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: 3M Company