New release: OTC Orthopedic Braces Market worth USD 759 million by 2025

By -

Global orthopedic braces and supports market size is projected to reach USD 759 million by 2025 from USD 572 million in 2020, at a CAGR of 5.8%

(EMAILWIRE.COM, November 25, 2020 ) Growth in the OTC orthopedic braces and supports market is driven primarily by the increasing prevalence of orthopedic diseases & disorders, continuous product commercialization, market availability & product affordability, rising number of sports & accident-related injuries, and growing public awareness related to preventive care are driving the growth of the orthopedic braces and supports market.

The OTC Orthopedic Braces Market is estimated to be $572 million in 2020 and projected to reach $759 million by 2025, at a CAGR of 5.8%.


Demand for knee braces and supports among medical professionals and athletes is expected to result in the segment occupying the majority of the OTC orthopedic braces and supports market share

Download a PDF Brochure @ https://bit.ly/2KraIQX

Lower spine braces estimated to be the largest and fastest-growing market

Lower spine bracesare estimated to be the largest and fastest-growing segment in the orthopedic braces and supports market. The growth of this segment can be attributed tothe rising incidence of lower spine disorders and the growing number of hip & disc replacement surgeries (which utilize lower spinebraces and supports for post-operative rehabilitation).

Asia Pacific likely to emerge as the largest OTC orthopedic braces and supports market, globally

Asia Pacific is estimated to be the fastest-growing market for OTC orthopedic braces and supports during the forecast period. The Asia Pacific market is driven principally by the rising geriatric and obese population (coupled with the significant prevalence of orthopedic& diabetes-related diseases in this population segment), increasing GDP and healthcare expenditure in APAC countries, and growing public awareness.

Request a Sample Pages @ https://bit.ly/3nRMPQZ

Leading Companies

3M (US), Bauerfeind AG (Germany), DJO Finance LLC (US), BSN Medical (Germany), and ÖssurHf (Iceland) are the key players in the global orthopedic braces and supports market.

Read other news from MarketsandMarkets™

Timing Devices Market Size, Share, Revenue Trends & Forecast to 2030

MarketsandMarkets™ - Sep 18, 2023
Timing Devices Market by Type (Oscillators, Atomic Clocks, Clock Generators, Clock Buffers, Jitter Attenuators), Material (Crystal, Silicon, Ceramic), Vertical (Consumer Electronics, Automotive) and Region - Global Forecast to 2030 ...Read more

Artificial Intelligence Market Segmented by Product, Top Manufacturers, Geography Trends & Growth Opportunity to 2030

MarketsandMarkets™ - Sep 18, 2023
Artificial Intelligence technology such as machine learning, natural language processing, computer vision, and others are revolutionizing various sectors, including healthcare, finance, manufacturing, and retail. ...Read more

Digital PCR (dPCR) and Real-time PCR (qPCR) Market worth $12.4 billion by 2028, at a CAGR of 7.8%.

MarketsandMarkets™ - Sep 18, 2023
"Digital PCR (dPCR) and Real-time PCR (qPCR) Market by Product (Instruments, Reagents & Consumables, Software & Services), Application (Clinical, Research, Forensic), End User (Hospital, Diagnostic Labs, Pharma, Biotech, CROs) - Global Forecast to 2028". ...Read more