Data Bridge Market Research analyses that the over the counter (OTC) braces market will exhibit a CAGR of around 7.60% for the forecast period of 2022-2029. Rising prevalence of orthopaedic disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced IT healthcare technologies, rising geriatric population base, surging number of road accidents and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of over the counter (OTC) braces market.
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