OTC Orthopedic Braces Market Company Profiling with Detailed Strategies, Financials, And Recent Developments
The global over the counter (OTC) orthopedic braces market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure, increasing incidence of bone degenerative diseases and increasing prevalence of obesity. Moreover, commercialization of orthopedic braces and support products, their easy availability over the counter and through e-commerce websites in comparison to prescription-based products is supporting the growth of the market. Based on product, the lower extremity braces segment is expected to grow at the fastest rate during the forecast period. The increasing prevalence of knee arthritis in aged pool as well increase in knee replacement surgeries is driving the growth of this segment. Based on indication, the prophylactic segment is expected to grow at a fastest rate during the forecast period owing to its increased adoption for treating sports related injuries across the globe. The geriatric pool has weak body functions, ...