The Asia Pacific OTC Braces & Supports Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
Wearing OTC braces can help patients who have sustained wounds including fractures, sprains, dislocated joints, and fractured bones. OTC braces are designed largely based on the purpose they will serve the patient. Ankle braces are typically prescribed to provide compressive force and heat to the bones within while immobilizing the nearby joints. Patients who play sports like rugby, basketball, and soccer frequently exhibit this. The purpose of OTC braces should be taken into consideration when writing a prescription.
Another popular type of OTC brace is the wrist brace. Similar to wrist braces, ankle braces are made to immobilize the affected joints and to apply heat and compression while they heal. These are frequently suggested for wrist injuries that are not traumatizing or as a type of support while the injury is mending. They may also be perfect for folks who have had wrist sprains and inflammations. Weightlifters and bodybuilders, two sportspeople who frequently exert a lot of stress on their wrists, can also benefit from wearing wrist braces.
One of the world's fastest-growing ageing populations is in China. Due to rising life expectancy and falling birth rates, 28% of China's population is expected to be over 60 by 2040. For public health & socioeconomic development, this profound demographic shift creates a number of new challenges and opportunities. China has been looking into cutting-edge methods for enhancing access to integrated care, such as the creation of an online medical information portal. As a result of this large number of aged people in China, the risk of orthopedic disorders is also high in the nation. This arises the need for OTC braces & supports in the region, further leading to market growth.
The China market dominated the Asia Pacific OTC Braces & Supports Market by Country in 2021; thereby, achieving a market value of $105.5 Million by 2028. The Japan market is registering a CAGR of 5.9% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7.2% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide OTC Braces & Supports Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
TABLE 1 Asia Pacific OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Pharmacies & Retailers Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Pharmacies & Retailers Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific E-Commerce Platforms Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific E-Commerce Platforms Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Orthopedic Clinics & Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Orthopedic Clinics & Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 12 Asia Pacific OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Knee Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Knee Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Ankle Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Ankle Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Hand/Wrist Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Hand/Wrist Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Back, Hip & Spine Braces and Supports Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Back, Hip & Spine Braces and Supports Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Shoulder Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Shoulder Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Elbow Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Elbow Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Foot Walkers & Orthoses Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Foot Walkers & Orthoses Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 30 Asia Pacific OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Preventive Care Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Preventive Care Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Ligament Injury Repair Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Ligament Injury Repair Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Compression Therapy Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Compression Therapy Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific OTC Braces & Supports Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific OTC Braces & Supports Market by Country, 2022 - 2028, USD Million
TABLE 43 China OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 44 China OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 45 China OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 China OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 China OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 48 China OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 49 China OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 50 China OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 51 Japan OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 52 Japan OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 53 Japan OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Japan OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Japan OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 56 Japan OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 57 Japan OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 58 Japan OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 59 India OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 60 India OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 61 India OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 India OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 India OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 64 India OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 65 India OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 66 India OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 67 South Korea OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 68 South Korea OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 69 South Korea OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 South Korea OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 South Korea OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 72 South Korea OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 73 South Korea OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 74 South Korea OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 75 Singapore OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 76 Singapore OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 77 Singapore OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Singapore OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Singapore OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 80 Singapore OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 81 Singapore OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 82 Singapore OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 83 Malaysia OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 84 Malaysia OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 85 Malaysia OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 86 Malaysia OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 87 Malaysia OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 88 Malaysia OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 89 Malaysia OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 90 Malaysia OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific OTC Braces & Supports Market, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific OTC Braces & Supports Market, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific OTC Braces & Supports Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific OTC Braces & Supports Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific OTC Braces & Supports Market by Product, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific OTC Braces & Supports Market by Product, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific OTC Braces & Supports Market by Application, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific OTC Braces & Supports Market by Application, 2022 - 2028, USD Million
TABLE 99 Key Information – 3M Company
TABLE 100 key Information – Zimmer Biomet Holdings, Inc.
TABLE 101 Key Information – Essity AB
TABLE 102 Key Information – DJO Global
TABLE 103 Key Information –Ossur Hf.
TABLE 104 Key Information – Ottobock SE & Co. KGaA
TABLE 105 key information – Nippon Seiki Co., Ltd.
TABLE 106 Key Information – Bauerfeind AG
TABLE 107 Key Information – Becker Orthopedic
TABLE 108 Key Information – Breg, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: 3M Company