What is Global OTC Braces and Support Casting and Splints Market?
The Global OTC Braces and Support Casting and Splints Market is a vast and dynamic sector that encompasses a wide range of medical devices used to provide support, alignment, and functional assistance to various body parts. These devices are typically used to treat conditions such as ligament injuries, osteoarthritis, and other musculoskeletal disorders. The market includes braces and supports, casting supplies, and splinting supplies. These products are available over-the-counter (OTC), meaning they can be purchased without a prescription. The global market for these products is continually evolving, driven by factors such as technological advancements, increasing prevalence of musculoskeletal disorders, and growing awareness about the benefits of these devices.
Braces & Support, Casting Supplies, Splinting Supplies in the Global OTC Braces and Support Casting and Splints Market:
Braces and supports, casting supplies, and splinting supplies are the three main product categories in the Global OTC Braces and Support Casting and Splints Market. Braces and supports are devices designed to provide support and stability to joints and muscles. They are commonly used in the treatment of conditions such as arthritis, sports injuries, and post-operative recovery. Casting supplies include products used to create casts for broken bones or other injuries. These supplies typically include plaster or fiberglass bandages, casting tape, and other materials. Splinting supplies are used to create splints, which are devices used to immobilize, support, or protect injured bones, joints, or soft tissues.
Ligament Injury, Preventive Care, Osteoarthritis in the Global OTC Braces and Support Casting and Splints Market:
The Global OTC Braces and Support Casting and Splints Market finds its application in several areas, including ligament injury, preventive care, and osteoarthritis. Ligament injuries, such as sprains and tears, are common in sports and physical activities. Braces and supports are often used in the treatment and prevention of these injuries, providing stability and support to the affected area. Preventive care is another significant application area for these products. Braces and supports are used to prevent injuries in high-risk activities and occupations. They are also used to prevent the recurrence of previous injuries. In the case of osteoarthritis, braces and supports can help manage symptoms by providing support and reducing pressure on the affected joints.
Global OTC Braces and Support Casting and Splints Market Outlook:
Looking at the market outlook, the Global OTC Braces and Support Casting and Splints Market has shown promising growth. In 2023, the market was valued at US$ 1577 million. It is projected to reach a value of US$ 2115.2 million by 2030. This represents a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2024 to 2030. This growth can be attributed to several factors, including the increasing prevalence of musculoskeletal disorders, advancements in product design and technology, and growing awareness about the benefits of these products.
| Report Metric | Details |
| Report Name | OTC Braces and Support Casting and Splints Market |
| Accounted market size in 2023 | US$ 1577 million |
| Forecasted market size in 2030 | US$ 2115.2 million |
| CAGR | 4.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | DJO Global, Ottobock, Ossur, 3M Company, Bauerfeind, DeRoyal, Medi GmbH & Co., Zimmer, Lohmann & Rauscher, Breg, THUASNE, ORTEC, BSN Medical, Tynor Orthotics, DUK-IN, Prime Medical, Adhenor, Aspen, Rcai, Truelife, Huici Medical, Dynamic Techno Medicals |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
