We are monitoring the impact of COVID-19 on North America OTC Orthopedic Braces Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 3129
Share on
Share on

North America OTC Orthopedic Braces Market Research Report – Segmented By Product, Indication & Country (U.S., Canada and Rest of North America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 3129
Pages: 145

North America OTC Orthopedic Braces Market Size (2021 to 2026)

The size of the OTC Orthopedic Braces Market in North America was valued at USD 367.85 Million in 2021 and predicted to grow at a CAGR of 5.1%, to reach USD 471.72 Million by 2026.

Orthopedic braces are the medical aids that support the joints of the human body. The braces are worn on the knee, hip, ankle, back, neck, elbow, fingers, and wrist. Orthopedic braces monitor the position of limbs and start a specific movement in the body. Also, the braces compensate for muscles that have low strength and also rectify the structural faults. Orthopedic braces are used for the detection of cerebral palsy, spina bifida, and to treat the effects caused after stroke. Braces are also worn for getting additional support and avoid injuries on the joints. Athletes specifically wear braces for shock absorbance and to avoid injuries. The market is showing high growth potential in the mentioned period. It will continue to gain momentum with the recent developments in the medical sector.

The developing research and technology in the medical sector, rising prevalence of bone-degenerative disorders, increasing disposable income, the growing trend of practicing sports, are the factors that drive the growth of the North America OTC Orthopedic Braces market.

However, growing preference for alternative treatments, uncertainty in reimbursement scenarios, less than expected efficiency of orthopedic braces and no customization offered for OTC orthopedic braces are the key constraints for North America OTC orthopedic brace market.

This research report on the North America 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: 

  • The United States
  • Canada
  • Rest of North America

Regionally, this region held the highest share in the Global OTC Orthopedic Braces Market and is expected to show significant growth during the forecast period.

Some of the promising companies leading the North America 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                

2. 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                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. 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                              

5. 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           

6. 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 United States                            

                6.3 Canada                         

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     

8.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                             

9.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                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America OTC Orthopedic Braces Market, By Product, From 2021 to 2026 (USD Million)
  2. North America Lower Extremity Braces Market, By Region, From 2021 to 2026 (USD Million)
  3. North America Knee Braces Market, By Region, From 2021 to 2026 (USD Million)
  4. North America Foot & Ankle Braces Market, By Region, From 2021 to 2026 (USD Million)
  5. North America Upper Extremity Braces Market, By Region, From 2021 to 2026 (USD Million)
  6. North America Shoulder Braces Market, By Region, From 2021 to 2026 (USD Million)
  7. North America Elbow Braces Market, By Region, From 2021 to 2026 (USD Million)
  8. North America Wrist Braces Market, By Region, From 2021 to 2026 (USD Million)
  9. North America Back & Hip Braces Market, By Region, From 2021 to 2026 (USD Million)
  10. North America Other Braces Market, By Region, From 2021 to 2026 (USD Million)
  11. North America OTC Orthopedic Braces Market, By Indication, From 2021 to 2026 (USD Million)
  12. North America Prophylactic Market, By Region, From 2021 to 2026 (USD Million)
  13. North America Injury Market, By Region, From 2021 to 2026 (USD Million)
  14. North America Osteoarthritis (OA) Market, By Region, From 2021 to 2026 (USD Million)
  15. North America Other Indications Market, By Region, From 2021 to 2026 (USD Million)
  16. United States OTC Orthopedic Braces Market, By Product, From 2021 to 2026 (USD Million)
  17. United States OTC Orthopedic Braces Market, By Indication, From 2021 to 2026 (USD Million)
  18. Canada OTC Orthopedic Braces Market, By Product, From 2021 to 2026 (USD Million)
  19. Canada OTC Orthopedic Braces Market, By Indication, From 2021 to 2026 (USD Million)

Please wait. . . . Your request is being processed

Related Reports

LICENCE TYPE

$ 1234 3335

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample