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Knee Braces Market Trends

Report ID: GMI4238
Published Date: Jun 2023
Report Format: PDF

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Knee Braces Market Trends

Increasing prevalence of arthritis and other orthopedic ailments is expected to increase the knee braces market demand. Knee braces are often used as a non-invasive treatment option to manage knee osteoarthritis symptoms by providing support, reducing pain, and improving stability. Sedentary lifestyles and the increasing prevalence of obesity are contributing factors to the rise in orthopedic ailments, including knee osteoarthritis.

For instance, according to an article published by the Lancet Journal in 2020, the global prevalence of knee osteoarthritis was expected to be around 16% and is anticipated to increase in the near future. Moreover, factors such as aging population, sedentary lifestyles, obesity, sports-related injuries, and the preference for non-surgical treatments has augmented the business growth.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The market size of knee braces crossed USD 1.7 billion in 2022 and is projected to grow at 4.8% CAGR during 2023 to 2032 driven by the high prevalence of arthritis and orthopedic ailments.

Functional knee braces industry held a dominant share and is anticipated to depict 3.9% growth rate from 2023-2032 attributed to their clinical benefits in diagnosis and treatment of knee injuries and rehabilitative procedures.

North America knee braces industry is poised to attain 4.2% gains between 2023 and 2032 owing to the presence of significant industry players and the rising number of patients suffering from orthopedic and knee disorders.

Some of the key knee braces providers include Alex Orthopedic Inc., DJO Global, Inc., Dicarre LLC, Mava Sports, McDavid Knee Guard, Inc., Ossur Corporate, Otto Bock Healthcare GmbH, Tynor Orthotics Private Limited, Weber Orthopedic, Inc., Medline, Mueller Sports Medicine, Medi-Dyne, Essity, and Breg, Inc.,