Knee Braces Market: Global Industry Analysis and Forecast (2022-2029)

Knee Braces Market size was valued at US$ 1.85 Bn. in 2021 and the total revenue is expected to grow at 4.34 % through 2022 to 2029, reaching nearly US$ 2.61 Bn.

Knee Braces Market Overview:

Knee Braces are used for the reduction of pain caused by a medical condition such as osteoarthritis, tendonitis, and others to prevent knee injury during sports activities. They support knee joints and are used for fast recovery after surgery. The knee braces are manufactured from a combination of metal, plastic, straps, foam, and elastic materials. The demand for knee braces is surging globally. Knee Braces MarketTo know about the Research Methodology :- Request Free Sample Report

Knee Braces Market Dynamics:

The growing amount of knee diseases in aged patients and rising surgical procedures are expected to develop the knee braces market. Around 61 million people were affected by arthritis in the US. (Arthritis Foundation 2021). The rising acceptance of robotic-assisted knee surgeries will lead to an upsurge in adoption throughout the world. The excessive incidence of knee osteoarthritis will produce numerous opportunities for growth for the corporations operating in the market. Rising awareness concerning the advantages of knee replacement has resulted in an augmented number of adult populace undertaking early knee replacement surgeries. The increasing incidences of sports injuries are also a key factor for the growth of the market. The high price of knee replacement surgery is acting as the main limitation in the countries facing financial decline for the previous couple of years.

Knee Braces Market Segment Analysis:

By Product, Functional segmented dominated the market with a 32% share in 2021. The effectiveness in providing stability in anteroposterior or rotational forces and wide acceptance are major key factors of the segment. The Rehabilitative segment is expected to grow at a CAGR of 5.2% through the forecast period. They are used for preventing dislocation of implant and healing of surrounding muscles. Knee Braces Market By Application, the Arthritis segment dominated the market by 37 % in 2021. This segment is expected to grow significantly due to the growth in arthritis patients and the increasing adoption of knee support. The sports segment is expected to grow at a CAGR of 6 % through the forecast period. Increasing sports injuries and use in sporting activities, as well as rehab, will drive the demand and growth of this segment. Knee Braces Market By Delivery Channel, hospitals/Clinics dominated the market by 42 % share in 2021. Majority of patients visiting for treatment and accidents or surgeries leading to a high rate of hospitalization. E-commerce is expected to grow at a CAGR of 5.7 %. Easy availability and affordable prices with reviews to find the best-fit braces according to the requirement will increase the demand in the market. Knee Braces Market

Knee Braces Market Regional Insights:

North American region dominated the market with a 38 % share in 2021. Availability of Insurance coverage, rising aged population, and growing of osteoarthritis in the US. The Asia-Pacific market is expected to grow at a CAGR of 5.8 % through the forecast period. The rising aging population, medical tourism due to cheaper procedural costs are factors contributing to the growth. Knee replacement surgeries in Thailand and Singapore may cost as low as two-third of the price in the U.S. The objective of the report is to present a comprehensive analysis of the global Substation Maintenance market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Substation Maintenance market dynamics, structure by analyzing the market segments and project the global Substation Maintenance market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Substation Maintenance market make the report investor’s guide.

Knee Braces Market Scope: Inquire before buying

Global Knee Braces Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 1.85 Bn.
Forecast Period 2022 to 2029 CAGR: 4.34% Market Size in 2029: US $ 2.61 Bn.
Segments Covered: by Application • Sports • Ligament • Arthritis • Others
by Delivery Channel • Hospitals/Clinics • Retail • E-Commerce
by Product • Prophylactic • Functional • Rehabilitative • Unloader

Knee Braces Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Knee Braces Market Key Players

• Colfax Corporation (DJO Global, Inc.) • 3M Company (3M Science) • Orthofix Medical, Inc. (Breg, Inc.) • Mueller Sports Medicine, Inc. • McDavid, Inc. (EZ GARD Industries, Inc.) • Bauerfeind AG • Medi GmbH & Co. KG • Otto Bock Healthcare GmbH • Tynor Orthotics Private Limited • Healthcare GmbH • Ossur Corporate • Zimmer Inc. • Corin Group • DePuy Synthes • Johnson & Johnson Services Inc. • B. Braun Melsungen AG • DJO Global, Inc. • Baumer Holding AG • SurgTech Inc. • Wright Medical Group N.V

Frequently Asked Questions:

1. Which region has the largest share in Global Knee Braces Market? Ans: North American region holds the highest share in 2021. 2. What is the growth rate of Global Knee Braces Market? Ans: The Global Knee Braces Market is growing at a CAGR of 4.34% during forecasting period 2022-2029. 3. What is scope of the Global Knee Braces market report? Ans: Global Knee Braces Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Knee Braces market? Ans: The important key players in the Global Knee Braces Market are – Colfax Corporation (DJO Global, Inc.), 3M Company (3M Science), Orthofix Medical, Inc. (Breg, Inc.), Mueller Sports Medicine, Inc., McDavid, Inc. (EZ GARD Industries, Inc.), Bauerfeind AG, Medi GmbH & Co. KG, Otto Bock Healthcare GmbH, Tynor Orthotics Private Limited, Healthcare GmbH, Ossur Corporate, Zimmer Inc., Corin Group, DePuy Synthes, Johnson & Johnson Services Inc., B. Braun Melsungen AG, DJO Global, Inc., Baumer Holding AG, SurgTech Inc., and Wright Medical Group N.V 5. What is the study period of this market? Ans: The Global Knee Braces Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Knee Braces Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Knee Braces Market 3.4. Geographical Snapshot of the Knee Braces Market, By Manufacturer share 4. Knee Braces Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The Threat of Substitute Products 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Knee Braces Market 5. Supply Side and Demand Side Indicators 6. Knee Braces Market Analysis and Forecast, 2021-2029 6.1. Knee Braces Market Size & Y-o-Y Growth Analysis. 7. Knee Braces Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.1.1. Sports 7.1.2. Ligament 7.1.3. Arthritis 7.1.4. Others 7.2. Market Size (Value) Estimates & Forecast By Delivery Channel, 2021-2029 7.2.1. Hospitals/Clinics 7.2.2. Retail 7.2.3. E-Commerce 7.3. Market Size (Value) Estimates & Forecast By Product, 2021-2029 7.3.1. Prophylactic 7.3.2. Functional 7.3.3. Rehabilitative 7.3.4. Unloader 7.4. Market Size (Value) Estimates & Forecast By Region, 2021-2029 7.4.1. North America 7.4.2. Europe 7.4.3. Asia-Pacific 7.4.4. Middle East & Africa 7.4.5. South America 8. Knee Braces Market analysis and Forecasts, by Region 8.1. Market Size (Value) Estimates & Forecast by Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia Pacific 8.1.4. The Middle East and Africa 8.1.5. South America 9. North America Knee Braces Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.1.1. Sports 9.1.2. Ligament 9.1.3. Arthritis 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Delivery Channel, 2021-2029 9.2.1. Hospitals/Clinics 9.2.2. Retail 9.2.3. E-Commerce 9.3. Market Size (Value) Estimates & Forecast By Product, 2021-2029 9.3.1. Prophylactic 9.3.2. Functional 9.3.3. Rehabilitative 9.3.4. Unloader 10. North America Knee Braces Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Knee Braces Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Knee Braces Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Knee Braces Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Knee Braces Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Knee Braces Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Knee Braces Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Knee Braces Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Knee Braces Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Knee Braces Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Knee Braces Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Knee Braces Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Knee Braces Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Knee Braces Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Knee Braces Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Knee Braces Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Knee Braces Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Knee Braces Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Knee Braces Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Knee Braces Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Knee Braces Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Knee Braces Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Knee Braces Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Knee Braces Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Knee Braces Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Knee Braces Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Knee Braces Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Knee Braces Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Knee Braces Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Knee Braces Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Knee Braces Market Analysis and Forecast, by country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Knee Braces Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Knee Braces Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Knee Braces Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Grade type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Knee Braces Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. 3M Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Colfax Corporation (DJO Global, Inc.) 45.3.3. 3M Company (3M Science) 45.3.4. Orthofix Medical, Inc. (Breg, Inc.) 45.3.5. Mueller Sports Medicine, Inc. 45.3.6. McDavid, Inc. (EZ GARD Industries, Inc.) 45.3.7. Bauerfeind AG 45.3.8. Medi GmbH & Co. KG 45.3.9. Otto Bock Healthcare GmbH 45.3.10. Tynor Orthotics Private Limited 45.3.11. Healthcare GmbH, 45.3.12. Ossur Corporate 45.3.13. Zimmer Inc. 45.3.14. Corin Group 45.3.15. DePuy Synthes 45.3.16. Johnson & Johnson Services Inc. 45.3.17. B. Braun Melsungen AG 45.3.18. DJO Global, Inc. 45.3.19. Baumer Holding AG 45.3.20. SurgTech Inc. 45.3.21. Wright Medical Group N.V 46. Primary Key Insights
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