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 (2024 to 2029)

Updated On: June, 2024
ID: 2935
Pages: 140

APAC OTC Orthopedic Braces Market Size (2024 to 2029)

The size of the OTC Orthopedic Braces Market in the Asia Pacific region was valued at USD 321.55 Million in 2024 at a CAGR of 5.3%, to reach USD 416.29 Million by 2029.

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.

APAC OTC Orthopedic Braces Market Analysis By Product

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

APAC OTC Orthopedic Braces Market Analysis By Indication

  • Prophylactic
  • Injury
  • Osteoarthritis (OA)
  • Others

APAC OTC Orthopedic Braces Market Analysis 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.

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Anil Kumar P is research manager at Market Data Forecast and responsible for Healthcare Domain.

Author

Anil Kumar P (Research Manager - Healthcare)

Anil Kumar P is the lead author of this report and the manager of the team responsible for authoring healthcare reports at Market Data Forecast. He holds a Bachelor’s degree in Pharmacy (Hons.) from BITS Pilani, one of India’s premier institutions. Over the past seven years, Anil has gained extensive experience working with multiple market research companies, where he has collaborated with a diverse range of clients—from innovative startups to Fortune 500 companies—delivering data-driven insights and strategic advice that drive business growth.

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