Global Knee Braces Market Size Study by Product, Application, End Use, and Regional Forecasts 2022-2032

Description

The Global Knee Braces Market, valued at approximately USD 1.1 billion in 2023, is projected to reach USD 2.18 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.90% during the forecast period 2024-2032. This robust expansion is driven by the increasing prevalence of knee-related injuries and conditions, particularly among athletes and the aging population, combined with rising awareness of preventive healthcare. Knee braces have become indispensable tools in injury prevention, post-surgery recovery, and pain management, addressing a wide range of knee joint issues.

Designed to offer stability and support, knee braces encompass various types, including prophylactic, functional, rehabilitative, and unloader braces, each catering to specific needs. These devices are integral in the management of sports-related injuries, ligament instability, and osteoarthritis, showcasing their versatility in addressing diverse patient requirements. Technological advancements, such as lightweight and breathable materials, coupled with enhanced ergonomic designs, have significantly bolstered their adoption across the healthcare spectrum. However, the relatively high costs of advanced knee braces and limited awareness in emerging economies pose challenges to market penetration.

The demand for knee braces is further fueled by the rising participation in sports activities and the growing incidence of knee osteoarthritis globally. Increasing healthcare expenditure, particularly in developing regions, is paving the way for innovative product offerings. Additionally, the integration of smart technologies, including sensors for real-time monitoring and feedback, is creating new opportunities, fostering patient compliance and improved therapeutic outcomes.

Regionally, North America dominates the market due to the high prevalence of sports injuries, a well-established healthcare infrastructure, and significant technological advancements in medical devices. Europe follows closely, driven by rising awareness about joint health and supportive government initiatives. The Asia Pacific region is anticipated to exhibit the fastest growth, fueled by increasing healthcare investments, growing awareness about knee health, and the expanding geriatric population. Meanwhile, Latin America and the Middle East & Africa offer promising opportunities, supported by improving healthcare access and the increasing focus on musculoskeletal health.

Major market players included in this report are:

DonJoy Orthopedics
Breg, Inc.
Ossur
Thuasne Group
Bauerfeind AG
Medi GmbH & Co. KG
DeRoyal Industries, Inc.
Zimmer Biomet Holdings, Inc.
Stryker Corporation
DJO Global, Inc.
BSN Medical (Essity)
Mueller Sports Medicine, Inc.
Tynor Orthotics Pvt. Ltd.
Aspen Medical Products, LLC
Oppo Medical, Inc.

The detailed segments and sub-segment of the market are explained below:

By Product:

Prophylactic
Functional
Rehabilitative
Unloader

By Application:

Sports
Ligament

By End Use:

Hospitals
Orthopedic Clinics
Homecare

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Comprehensive analysis of the geographical landscape with country-level insights across major regions.
Competitive landscape featuring detailed profiles and strategies of major market players.
Analysis of key business strategies and recommendations for future market approaches.
Comprehensive analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Knee Braces Market Executive Summary

1.1. Global Knee Braces Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
- 1.3.3. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Knee Braces Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Knee Braces Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Prevalence of Knee-related Injuries and Conditions
- 3.1.2. Rising Awareness of Preventive Healthcare
- 3.1.3. Technological Advancements in Knee Brace Designs
3.2. Market Challenges
- 3.2.1. High Costs of Advanced Knee Braces
- 3.2.2. Limited Awareness in Emerging Economies
3.3. Market Opportunities
- 3.3.1. Integration of Smart Technologies in Knee Braces
- 3.3.2. Expansion into Emerging Markets
- 3.3.3. Strategic Collaborations and Partnerships

Chapter 4. Global Knee Braces Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Knee Braces Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Knee Braces Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Prophylactic
- 5.2.2. Functional
- 5.2.3. Rehabilitative
- 5.2.4. Unloader

Chapter 6. Global Knee Braces Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Knee Braces Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Sports
- 6.2.2. Ligament

Chapter 7. Global Knee Braces Market Size & Forecasts by End Use 2022-2032

7.1. Segment Dashboard
7.2. Global Knee Braces Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Hospitals
- 7.2.2. Orthopedic Clinics
- 7.2.3. Homecare

Chapter 8. Global Knee Braces Market Size & Forecasts by Region 2022-2032

8.1. North America Knee Braces Market
- 8.1.1. U.S. Knee Braces Market
  - 8.1.1.1. End Use Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Product Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Knee Braces Market
8.2. Europe Knee Braces Market
- 8.2.1. UK Knee Braces Market
- 8.2.2. Germany Knee Braces Market
- 8.2.3. France Knee Braces Market
- 8.2.4. Spain Knee Braces Market
- 8.2.5. Italy Knee Braces Market
- 8.2.6. Rest of Europe Knee Braces Market
8.3. Asia Pacific Knee Braces Market
- 8.3.1. China Knee Braces Market
- 8.3.2. India Knee Braces Market
- 8.3.3. Japan Knee Braces Market
- 8.3.4. Australia Knee Braces Market
- 8.3.5. South Korea Knee Braces Market
- 8.3.6. Rest of Asia Pacific Knee Braces Market
8.4. Latin America Knee Braces Market
- 8.4.1. Brazil Knee Braces Market
- 8.4.2. Mexico Knee Braces Market
- 8.4.3. Rest of Latin America Knee Braces Market
8.5. Middle East & Africa Knee Braces Market
- 8.5.1. Saudi Arabia Knee Braces Market
- 8.5.2. South Africa Knee Braces Market
- 8.5.3. Rest of Middle East & Africa Knee Braces Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. DonJoy Orthopedics
- 9.1.2. Breg, Inc.
- 9.1.3. Ossur
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. DonJoy Orthopedics
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Breg, Inc.
- 9.3.3. Ossur
- 9.3.4. Thuasne Group
- 9.3.5. Bauerfeind AG
- 9.3.6. Medi GmbH & Co. KG
- 9.3.7. DeRoyal Industries, Inc.
- 9.3.8. Zimmer Biomet Holdings, Inc.
- 9.3.9. Stryker Corporation
- 9.3.10. DJO Global, Inc.
- 9.3.11. BSN Medical (Essity)
- 9.3.12. Mueller Sports Medicine, Inc.
- 9.3.13. Tynor Orthotics Pvt. Ltd.
- 9.3.14. Aspen Medical Products, LLC
- 9.3.15. Oppo Medical, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes