Report ID: SQMIG35A2496
Report ID:
SQMIG35A2496 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
96 |
Figures:
76
Global OTC Braces and Supports Market size was valued at USD 1.12 Billion in 2022 and is poised to grow from USD 1.17 Billion in 2023 to USD 1.69 Billion by 2031, at a CAGR of 4.70% during the forecast period (2024-2031).
The global OTC braces and supports market has been steadily growing in recent years, reflecting a rising demand for non-prescription orthopedic solutions. This market is primarily driven by an aging population, increased awareness of preventive healthcare, and a growing emphasis on active lifestyles.
Consumers are increasingly seeking comfortable and effective OTC braces and supports to manage various musculoskeletal conditions, such as joint pain and injuries.
Furthermore, advancements in materials and design have contributed to the development of more innovative and user-friendly products, enhancing overall market appeal. Key players in this industry are focusing on product innovation, expanding their distribution networks, and forging strategic partnerships to gain a competitive edge in this evolving market landscape.
US OTC Braces And Supports Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35A2496