Europe OTC Braces And Support Market was valued at US$ 478.77 million in 2021 and is projected to reach US$ 693.19 million by 2028 with a CAGR of 5.4% from 2021 to 2028. Braces are prominently used in developed and upper middle-income countries. Foundations such as the International Society for Prosthetics and Orthotics (ISPO) help create awareness regarding the use of orthopedic braces and supports. It is a non-government organization that aims to improve the quality-of-life of people with limb amputations or those with physical damages and injuries to limbs and spine by making them aware about the benefits of prosthetics and orthotics. The ISPO provides an effective platform to exchange and communicate all the aspects of science. The organization practices and educates the associates regarding the provision of prosthetic and orthotic care, rehabilitation engineering, and related areas. Therefore, the increasing awareness about orthopedic braces and supports is contributing to the market growth. Also, the trend of better-quality OTC braces and supports is likely to grow dramatically due to increasing popularity of e-commerce platforms. Moreover, innovative products, revolutionary technology, and successful events have created opportunities for the companies to continue the production of orthopedic braces and supports.
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The report covers an in depth analysis of the key market players within the market
- Accord Healthcare
- Bridge to Life Ltd
- Dr. Franz Koehler Chemie GmbH
- OrganOx Limited
- Paragonix Technologies, Inc
- TransMedics
- Waters Medical Systems LLC
- XVIVO Perfusion
In this report, the market has been segmented on the basis of:
By Product
- Knee Braces and Support
- Back Hip and Spine Braces and Support
- Foot Walkers and Orthoses
- Neck and Cervical Braces and Support
- Shoulder Braces and Support
- Elbow Braces and Support
- Hand and Wrist Braces and Support
- Facial Braces and Support
By Type
- Soft and Elastic Braces and Support
- Hard and Rigid Braces and Support
- Hinged Braces and Support
By Application
- Ligament Injury Repair
- Preventive Care
- Osteoarthritis
- Compression Therapy
- Other Applications
By End User
- Hospitals
- Ambulatory Surgical Centres
- Specialty Clinics
- Others
Market Analysis and Insights: Europe OTC Braces And Support Market
Europe OTC Braces And Support Market report elaborates the market size, market characteristics, and market growth of the Europe OTC Braces And Support industry, and breaks down according to the type, application, and consumption space of Europe OTC Braces And Support . The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
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Some of the key queries answered in this report:
- -What can we estimate about the anticipated growth rates and also the Europe OTC Braces And Support industry size by 2028?
- -What will happen in the coming existing and emerging markets?
- -Which are the five top players within thee Europe OTC Braces And Support market?
- -How can the Europe OTC Braces And Support market change in the upcoming years?
- -Which product and application will take a share of the Europe OTC Braces And Support market?
- -What will be the Europe OTC Braces And Support Market was valued at US$ 478.77 million in 2021 and is projected to reach US$ 693.19 million by 2028 with a CAGR of 5.4% from 2021 to 2028. and size of the Europe OTC Braces And Support market throughout the forecast period?
- -What are the market opportunities and challenges two-faced by the key vendors?
- -Who are the major competitors and what is their strategy?
- -What are the barriers to entry for new players in the market?
- -What would be the upcoming Europe OTC Braces And Support market behaviour forecast with trends, challenges, and drivers for development?
- -What business opportunities and dangers are faced by vendors in the market?
- -Which would be Europe OTC Braces And Support industry opportunities and challenges faced by most vendors in the market?
- -What will be the outcomes of this market SWOT five forces analysis?
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