Knee Braces Market Size is estimated to record substantial growth between 2022 and 2028 owing to the rising product demand for managing the discomfort associated with knee osteoarthritis. Different types of knee braces are used for the reduction of pain by shifting weight off the damaged portion of the knee. Furthermore, a number of industry players are keen to provide custom knee brace solutions for fitting the right measurements.
On the basis of product type, the functional knee braces segment is expected to register considerable growth through 2028 driven by the surging product adoption for the substitution of damaged ligaments. For instance, patients sustaining ACL tears could be offered a knee brace to be worn in efforts to enable certain activities without surgery.
In addition, numerous studies have been undertaken for investigating the efficacy of using these braces. The summary of these studies is that functional knee braces offer protection to the knee at low loads. As more such studies continue o be explored, functional knee braces market outlook will depict an expansion through the coming years.
Based on application, the sports use segment is projected to account for a remarkable share of knee braces market size up to 2028. Sport knee braces provide numerous benefits including support and compression for relieving the pain associated with chronic knee instability, sprains, osteoarthritis, and joint pain. The main advantage of sports knee braces is that they help in the prevention of re-injury.
The availability of products with various types of inlays that provide extra comfort and help in the reduction of impact is expected to impel segment growth over the forecast period.
Considering the regional perspective, the North America knee braces market value is anticipated to foresee a lucrative CAGR through 2028. This is mainly attributed to a rise in product developments across the region. For instance, In September 2021, Ossur rolled out its REBOUND ACL brace in North America. The product has been designed for helping patients in recovering from ACL (anterior cruciate ligament) injury.
Leading companies across the knee braces market comprise 3M Company, Pelican Manufacturing, Corflex Inc., United Ortho, Dicarre Llc, DJO Global Inc., Reh4Mat, Spring Loaded Technology Inc., BSN Medical GmbH, Remington Products Company, Ossur, Zimmer Biomet Holdings Inc., Becker Orthopedic, and others. A number of knee brace manufacturers are focusing on the adoption of strategic moves such as acquisitions, mergers, collaborations, partnerships, and product developments for maintaining their position in the market.
For instance, in August 2021, Spring Loaded launched its Levitation brace for stabilizing or correcting the alignment of the knee. These braces help in enhancing muscle power by storing energy upon the bending of the knee and returning that energy as the leg is straightened.
The SARS-CoV-2 pandemic has led to the postponing of elective surgeries such as knee arthroplasties amid efforts to delay the spread of coronavirus and protect patients and hospital staff. This has impelled the demand for appropriate home-based tools such as knee braces for the reduction of pain and the need for analgesics. These tools are set to be temporary in nature and may not entirely substitute the life-changing impact of a total knee arthroplasty in patients diagnosed with severe knee OA. However, knee braces are expected to be an interim solution for these patients and hence, their demand is slated to rise during the pandemic period.
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Market, by Application
Market, by End-use
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