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Asia Pacific OTC Orthopedic Braces Market Research Report – Segmented By Product, Indication & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis, Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2935
Pages: 140

APAC OTC Orthopedic Braces Market Size (2022 to 2027)

The size of the OTC Orthopedic Braces Market in the Asia Pacific region was valued at USD 305.37 Million in 2022 at a CAGR of 5.3%, to reach USD 395.34 Million by 2027.

The market is showcasing substantial growth potential in the forecasting period and is also estimated to grow in the future years owing to the developments in the medical sector.

Orthopedic braces, also known as orthopedic splints, facilitate the protection, stabilization, and correction of injuries or abnormal structures. They are used for different applications like injury rehabilitation, prevention, and more. The braces are also designed in a way to compensate for muscles which have less strength in them. They rectify the structural anomalies and help in the detection of cerebral palsy, spina bifida, as well as to treat the symptoms of a stroke.

Many different factors like increasing middle-class population, growth of GDP, increased spending on healthcare and rising awareness among the public about different treatment options for orthopedic conditions are triggering the growth of the OTC orthopedic braces market in the Asia-Pacific region.

This research report on the Asia Pacific OTC Orthopedic Braces Market has been segmented and sub-segmented into the following categories.

By Product: 

  • Lower Extremity Braces
  • Knee Braces
  • Foot & Ankle Braces
  • Upper Extremity Braces
  • Shoulder Braces
  • Elbow Braces
  • Wrist Braces
  • Back & Hip Braces
  • Other Braces

By Indication: 

  • Prophylactic
  • Injury
  • Osteoarthritis (OA)
  • Others

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Regionally, China and India are developing countries and are expected to lead the market because of emerging economies and the growing geriatric population.

Prominent companies leading the APAC OTC Orthopedic Braces Market are DJO Finance LLC, DeRoyal Industries Inc., Breg, Inc., Bauerfeind AG, BSN Medical, Otto Bock HealthCare, Medi GmbH & Co. KG, Thuasne Group, and 3M Company.

1. Introduction                                 

               1.1 Market Definition                    

               1.2 Study Deliverables                   

               1.3 Base Currency, Base Year and Forecast Periods                           

               1.4 General Study Assumptions                  

  1. Research Methodology

               2.1 Introduction               

               2.2 Research Phases                      

                              2.2.1 Secondary Research            

                              2.2.2 Primary Research  

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation   

               2.3 Analysis Design                         

               2.4 Study Timeline                          

  1. Overview

               3.1 Executive Summary                 

               3.2 Key Inferences                          

               3.3 Epidemology                             

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

               4.1 Market Drivers                         

               4.2 Market Restraints                    

               4.3 Key Challenges                         

               4.4 Current Opportunities in the Market                 

  1. Market Segmentation

               5.1 Product                       

                              5.1.1 Introduction           

                              5.1.2 Lower Extremity Braces      

                              5.1.3 Knee Braces            

                              5.1.4 Foot & Ankle Braces            

                              5.1.5 Upper Extremity Braces      

                              5.1.6 Shoulder Braces     

                              5.1.7 Elbow Braces         

                              5.1.8 Back & Hip Braces 

                              5.1.9 Wrist Braces           

                              5.1.10 Other Braces        

                              5.1.11 Y-o-Y Growth Analysis, By Product

                              5.1.12  Market Attractiveness Analysis, By Product             

                              5.1.13  Market Share Analysis, By Product              

               5.2 Indication                   

                              5.2.1 Introduction           

                              5.2.2 Prophylactic           

                              5.2.3 Injury         

                              5.2.4 Osteoarthrities      

                              5.2.5 Other Indication    

                              5.2.5 Y-o-Y Growth Analysis, By Indication             

                              5.2.6 Market Attractiveness Analysis, By Indication            

                              5.2.7 Market Share Analysis, By Indication             

  1. Geographical Analysis

               6.1 Introduction               

                              6.1.1 Regional Trends     

                              6.1.2 Impact Analysis      

                              6.1.3 Y-o-Y Growth Analysis         

                                             6.1.3.1 By Geographical Area

                                             6.1.3.2 By Product

                                             6.1.3.3 By Indication

                              6.1.4  Market Attractiveness Analysis       

                                             6.1.4.1 By Geographical Area

                                             6.1.4.2 By Product

                                             6.1.4.3 By Indication

                              6.1.5  Market Share Analysis        

                                             6.1.5.1 By Geographical Area

                                             6.1.5.2 By Product

                                             6.1.5.3 By Indication

               6.2 China                           

               6.3 India                            

               6.4 Japan                           

               6.5 South Korea               

               6.6 Australia                     

7. Strategic Analysis                                       

               7.1 PESTLE analysis                        

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis              

                              7.2.1 Bargaining Power of Suppliers         

                              7.2.2 Bargaining Power of Consumers     

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services  

                              7.2.5 Competitive Rivalry within the Industry        

  1. Market Leaders' Analysis

               8.1 DJO Finance LLC                       

                              8.1.1 Overview  

                              8.1.2 Product Analysis    

                              8.1.3 Financial analysis   

                              8.1.4 Recent Developments         

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View           

               8.2 DeRoyal Industries Inc.                          

               8.3 Breg, Inc.                    

               8.4 Bauerfeind AG                          

               8.5 BSN Medical              

               8.6 Otto Bock HealthCare                           

               8.7 Thuasne Group                         

               8.8 3M Company                            

  1. Competitive Landscape

               9.1 Market share analysis                            

               9.2 Merger and Acquisition Analysis                         

               9.3 Agreements, collaborations and Joint Ventures                           

               9.4 New Product Launches                          

  1. Market Outlook and Investment Opportunities

Appendix                                          

  1. a) List of Tables
  2. b) List of Figures
  1. Asia-Pacific OTC Orthopedic Braces Market, By Product, From 2022 - 2027 (USD Million)
  2. Asia-Pacific Lower Extremity Braces Market, By Region, From 2022 - 2027 (USD Million)
  3. Asia-Pacific Knee Braces Market, By Region, From 2022 - 2027 (USD Million)
  4. Asia-Pacific Foot & Ankle Braces Market, By Region, From 2022 - 2027 (USD Million)
  5. Asia-Pacific Upper Extremity Braces Market, By Region, From 2022 - 2027 (USD Million)
  6. Asia-Pacific Shoulder Braces Market, By Region, From 2022 - 2027 (USD Million)
  7. Asia-Pacific Elbow Braces Market, By Region, From 2022 - 2027 (USD Million)
  8. Asia-Pacific Wrist Braces Market, By Region, From 2022 - 2027 (USD Million)
  9. Asia-Pacific Back & Hip Braces Market, By Region, From 2022 - 2027 (USD Million)
  10. Asia-Pacific Other Braces Market, By Region, From 2022 - 2027 (USD Million)
  11. Asia-Pacific OTC Orthopedic Braces Market, By Indication, From 2022 - 2027 (USD Million)
  12. Asia-Pacific Prophylactic Market, By Region, From 2022 - 2027 (USD Million)
  13. Asia-Pacific Injury Market, By Region, From 2022 - 2027 (USD Million)
  14. Asia-Pacific Osteoarthritis (OA) Market, By Region, From 2022 - 2027 (USD Million)
  15. Asia-Pacific Other Indications Market, By Region, From 2022 - 2027 (USD Million)
  16. Japan OTC Orthopedic Braces Market, By Product, From 2022 - 2027 (USD Million)
  17. Japan OTC Orthopedic Braces Market, By Indication, From 2022 - 2027 (USD Million)
  18. China OTC Orthopedic Braces Market, By Product, From 2022 - 2027 (USD Million)
  19. China OTC Orthopedic Braces Market, By Indication, From 2022 - 2027 (USD Million)
  20. India OTC Orthopedic Braces Market, By Product, From 2022 - 2027 (USD Million)
  21. India OTC Orthopedic Braces Market, By Indication, From 2022 - 2027 (USD Million)
  22. Australia OTC Orthopedic Braces Market, By Product, From 2022 - 2027 (USD Million)
  23. Australia OTC Orthopedic Braces Market, By Indication, From 2022 - 2027 (USD Million)
  24. South Korea OTC Orthopedic Braces Market, By Product, From 2022 - 2027 (USD Million)
  25. South Korea OTC Orthopedic Braces Market, By Indication, From 2022 - 2027 (USD Million)

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