Knee braces are orthopedic devices that are primarily used for knee alignment, pain alleviation, and the maintaining of structural and functional properties of the knee. Knee braces protect the knees of osteoarthritis patients and are also used to repair meniscus injuries. Knee braces can also be used as safety measures when participating in sports such as running and soccer, as well as for injury rehabilitation. These are usually worn if you have knee discomfort. Knee braces are built from a composite of stiff and flexible materials such as plastic, straps, moldable foam, synthetic rubber, metal, and padding or elastic material. These knee braces come in a variety of sizes and have pressure-adjustment features. Custom knee braces, however, are made to match the specific dimensions of the knee.
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Increasing Knee injuries, as well as osteoarthritis, are driving the global knee braces market growth over the forecast period.
Patients with osteoarthritis account for the majority of knee brace sales. According to the World Health Organization, by 2050, around 20% of the global population of age 60 years and above, or around 130 million individuals, will have osteoarthritis. Furthermore, the National Institute of Health recorded 6,664,324 knee problems in the U.S. from 1999 to 2008, with a significant rise expected by 2020. These estimations indicate a significant increase in the global knee braces market during the forecast period. The global knee braces market can be segmented on the basis of product type, end user and geographical regions.
On the basis of types of braces available,
- Rehabilitative braces: These are involves in providing stability to allow a limited movement while an injury is healing.
- Unloader braces: These braces are generally used by people suffering from arthritis to relieve the pain.
- Prophylactic braces: These are the protective braces generally worn to avoid knee injuries during sports. These braces are commonly used by athletes.
- Knee Sleeves: These are support devices that are used to provide compression around the knee joints are used for knee support and controlling pain and swelling around the knee area.
Based on the end user,
- Orthopedic Centers
- Rehabilitation Centers
North America accounts for the largest share in the global knee braces market over the forecast period due to a rise in osteoarthritis patients.
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The global knee braces market can be divided into Latin America, Europe, Africa, Asia Pacific, North America, and the Middle East based on geographical segmentation. North America, holds the dominant position in the global knee braces market, trailed by Europe. According to the Centers for Diseases Control and Prevention (CDC), around 30 million individuals in the U.S. were diagnosed with osteoarthritis in 2016, indicating a large need for knee braces to cure this disease. Furthermore, developing economies such as India, China, and Japan are emerging as significant regional players in the global knee braces market, owing to improvements in medical infrastructure, government revenue directed toward developing safety and orthopedic facilities, public awareness of the importance of health maintenance, and rising rates of obesity.
The high prevalence of meniscus injuries and osteoarthritis are driving the global knee braces market growth over the forecast period.
The prevalence rate of osteoarthritis and meniscus injuries among the elderly population are the key factors driving the global knee braces market growth over the forecast period. According to the United Nations, the number of individuals of age 60 and above is expected to increase by 56% between 2015 and 2030, rising to 1.4 billion, from 901 million. Furthermore, according to CDC statistics from 2015, 23.7 million people in the U.S. have functional restrictions in their daily activities owing to doctor-diagnosed arthritis, implying a high incidence of osteoarthritis. Additional factors propelling the global knee braces market are meniscus injury, knee injury, the adoption of knee braces as preventative measures to avoid knee injuries by sports players and athletes, and persons with genetic effects that have faults in natural collagen formation, resulting in knee discomfort.
Some of the major players operating in the global knee braces market are Cho-Pat, Body Sport, Medi-Dyne, Bell Horn, DJO Global, and Medline, Alex Orthopedic Inc. These players have a strong position in the global knee braces market due to significant R&D investment expenditures and long-term contract relationships with customers.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Knee Braces Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Knee Braces Industry Impact
Chapter 2 Global Knee Braces Competition by Types, Applications, and Top Regions and Countries
2.1 Global Knee Braces (Volume and Value) by Type
2.3 Global Knee Braces (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Knee Braces Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Knee Braces Market Analysis
Chapter 6 East Asia Knee Braces Market Analysis
Chapter 7 Europe Knee Braces Market Analysis
Chapter 8 South Asia Knee Braces Market Analysis
Chapter 9 Southeast Asia Knee Braces Market Analysis
Chapter 10 Middle East Knee Braces Market Analysis
Chapter 11 Africa Knee Braces Market Analysis
Chapter 12 Oceania Knee Braces Market Analysis
Chapter 13 South America Knee Braces Market Analysis
Chapter 14 Company Profiles and Key Figures in Knee Braces Business
Chapter 15 Global Knee Braces Market Forecast (2021-2027)
Chapter 16 Conclusions
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