The North America OTC Braces & Supports Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
OTC braces are made of soft materials like spandex or other closely-knit textiles and rigid materials like hard plastics that are designed to restrict joint movement. A brace's main function is to prevent a joint from moving past a specific point or, in some situations, from moving at all. This guarantees that all connective tissues have an opportunity to repair effectively. A brace can be easily put on or taken off for bathing or physical treatment, unlike a cast. In rare circumstances, a brace might even let people keep using their muscles for sensible activity. Depending on which body region needs help mending, orthopedic braces have a variety of uses.
OTC braces are utilized in numerous specialized healthcare domains, such as those that deal with osteoarthritis treatment, post-operative care, injury rehabilitation and prevention, and more. The best orthopedic brace for the patient can be determined by a skilled medical practitioner, along with the brace's fit, level of function, support, and stability or protection.
The growing elderly population is another element boosting the demand for these braces and supports in the region. The number of people above 65 age in Canada and the United States is anticipated to increase from roughly 60 million in 2019 to approximately 80 million by 2030, and the older age group's share of the total population may increase from 16.4 percent in 2019 to 20.5 percent by 2030, according to the world population ageing report. This demographic is more susceptible to joint pain, arthritis, as well as other non-fatal pain and injuries, hence it is expected that this geographical market will grow over the next few years.
The US market dominated the North America OTC Braces & Supports Market by Country in 2021; thereby, achieving a market value of $354.2 Million by 2028. The Canada market is experiencing a CAGR of 8% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 7.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global OTC Braces & Supports Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America OTC Braces & Supports Market, by Distribution Channel
1.4.2 North America OTC Braces & Supports Market, by Product
1.4.3 North America OTC Braces & Supports Market, by Application
1.4.4 North America OTC Braces & Supports Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America OTC Braces & Supports Market by Distribution Channel
3.1 North America Pharmacies & Retailers Market by Country
3.2 North America E-Commerce Platforms Market by Country
3.3 North America Orthopedic Clinics & Hospitals Market by Country
Chapter 4. North America OTC Braces & Supports Market by Product
4.1 North America Knee Braces & Supports Market by Country
4.2 North America Ankle Braces & Supports Market by Country
4.3 North America Hand/Wrist Braces & Supports Market by Country
4.4 North America Back, Hip & Spine Braces and Supports Market by Country
4.5 North America Shoulder Braces & Supports Market by Country
4.6 North America Elbow Braces & Supports Market by Country
4.7 North America Foot Walkers & Orthoses Market by Country
4.8 North America Others Market by Country
Chapter 5. North America OTC Braces & Supports Market by Application
5.1 North America Preventive Care Market by Country
5.2 North America Osteoarthritis Market by Country
5.3 North America Ligament Injury Repair Market by Country
5.4 North America Compression Therapy Market by Country
5.5 North America Others Market by Country
Chapter 6. North America OTC Braces & Supports Market by Country
6.1 US OTC Braces & Supports Market
6.1.1 US OTC Braces & Supports Market by Distribution Channel
6.1.2 US OTC Braces & Supports Market by Product
6.1.3 US OTC Braces & Supports Market by Application
6.2 Canada OTC Braces & Supports Market
6.2.1 Canada OTC Braces & Supports Market by Distribution Channel
6.2.2 Canada OTC Braces & Supports Market by Product
6.2.3 Canada OTC Braces & Supports Market by Application
6.3 Mexico OTC Braces & Supports Market
6.3.1 Mexico OTC Braces & Supports Market by Distribution Channel
6.3.2 Mexico OTC Braces & Supports Market by Product
6.3.3 Mexico OTC Braces & Supports Market by Application
6.4 Rest of North America OTC Braces & Supports Market
6.4.1 Rest of North America OTC Braces & Supports Market by Distribution Channel
6.4.2 Rest of North America OTC Braces & Supports Market by Product
6.4.3 Rest of North America OTC Braces & Supports Market by Application
Chapter 7. Company Profiles
7.1 3M Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.1 SWOT Analysis
7.2 Zimmer Biomet Holdings, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Essity AB
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 DJO Global (Colfax Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Ossur Hf.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 Ottobock SE & Co. KGaA
7.6.1 Company Overview
7.7 Nippon Seiki Co., Ltd.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.8 Bauerfeind AG
7.8.1 Company Overview
7.9 Becker Orthopedic
7.9.1 Company Overview
7.10. Breg, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
TABLE 1 North America OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 2 North America OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 3 North America OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 North America OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 North America Pharmacies & Retailers Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Pharmacies & Retailers Market by Country, 2022 - 2028, USD Million
TABLE 7 North America E-Commerce Platforms Market by Country, 2018 - 2021, USD Million
TABLE 8 North America E-Commerce Platforms Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Orthopedic Clinics & Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Orthopedic Clinics & Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 11 North America OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 12 North America OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 13 North America Knee Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Knee Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Ankle Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Ankle Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Hand/Wrist Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Hand/Wrist Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Back, Hip & Spine Braces and Supports Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Back, Hip & Spine Braces and Supports Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Shoulder Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Shoulder Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Elbow Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Elbow Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Foot Walkers & Orthoses Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Foot Walkers & Orthoses Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 30 North America OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 31 North America Preventive Care Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Preventive Care Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Ligament Injury Repair Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Ligament Injury Repair Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Compression Therapy Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Compression Therapy Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 41 North America OTC Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 42 North America OTC Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 43 US OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 44 US OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 45 US OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 US OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 US OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 48 US OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 49 US OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 50 US OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 51 Canada OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 52 Canada OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 53 Canada OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Canada OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Canada OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 56 Canada OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 57 Canada OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 58 Canada OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 59 Mexico OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 60 Mexico OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 61 Mexico OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Mexico OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Mexico OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 64 Mexico OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 65 Mexico OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 66 Mexico OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 67 Rest of North America OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 68 Rest of North America OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 69 Rest of North America OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Rest of North America OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Rest of North America OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 72 Rest of North America OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 73 Rest of North America OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 74 Rest of North America OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 75 Key Information – 3M Company
TABLE 76 key Information – Zimmer Biomet Holdings, Inc.
TABLE 77 Key Information – Essity AB
TABLE 78 Key Information – DJO Global
TABLE 79 Key Information –Ossur Hf.
TABLE 80 Key Information – Ottobock SE & Co. KGaA
TABLE 81 key information – Nippon Seiki Co., Ltd.
TABLE 82 Key Information – Bauerfeind AG
TABLE 83 Key Information – Becker Orthopedic
TABLE 84 Key Information – Breg, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: 3M Company