PUBLISHER: DataM Intelligence | PRODUCT CODE: 1678776
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1678776
The global ankle braces market reached US$ 2.60 billion in 2024 and is expected to reach US$ 4.68 billion by 2033, growing at a CAGR of 6.8% during the forecast period 2025-2033.
An ankle brace is a supportive garment worn around the ankle to provide protection, and immobilization, and assist in the healing of sprains and other minor injuries. These garments are made from materials like nylon and neoprene, ankle braces offer a balance of flexibility and support, delivering heat and compression to the joint. They are designed to aid in recovery, they help prevent injuries such as sprains, fractures, and tendonitis, while also offering support for weakened or unstable ankles.
Market Dynamics: Drivers & Restraints
Rising Prevalence of Sports Injuries
The increasing prevalence of sports injuries is expected to significantly drive the ankle braces market, as more individuals engage in physical activities and sports, leading to a higher risk of injuries such as sprains, fractures, and tendonitis. For instance, according to the National Institute of Health in 2023, athletic trainers reported 15,531 injuries during 6,778,209 AEs, with an overall rate of 2.29 injuries per 1000. The number is expected to increase with the increasing number of sports injuries. Athletes, fitness enthusiasts, and active individuals are increasingly turning to ankle braces for injury prevention, support, and rehabilitation during recovery. As participation in sports is growing the demand for products that provide stability and protection to the ankle joint increases.
Furthermore, sports organizations, coaches and healthcare professionals are emphasizing injury prevention and early intervention for ankle injuries, further driving the adoption of ankle braces as a preventive and therapeutic solution. With rising awareness about the importance of ankle support in maintaining long-term athletic performance and preventing future injuries, the market for ankle braces is expected to expand.
Metal Sensitivity and Infections
Metal sensitivity and infections can hinder the ankle brace market by affecting consumer confidence and safety perceptions. Metal components in some ankle braces can cause skin reactions and discomfort in individuals with metal hypersensitivity, which affects a significant portion of the population. This can lead to irritation, rashes and in severe cases, blistering or swelling, causing discomfort and ultimately deterring patients from using ankle braces. As a result, consumers may avoid certain products that contain metal parts, opting instead for alternatives made from non-metallic or hypoallergenic materials.
The global ankle braces market is segmented based on the type, application, material, end-user and region.
Compression braces in the type segment are expected to dominate the ankle braces market with highest market share
The compression braces segment is expected to dominate the ankle braces market due to their affordability, ease of use, and effectiveness in treating mild to moderate ankle injuries. Compression braces are highly sought after for their ability to provide gentle compression, reduce swelling, and enhance circulation, which makes them ideal for sports injuries, tendonitis, and mild sprains. Their lightweight design allows for greater comfort and mobility, making them a preferred choice for individuals who need support but still want to maintain an active lifestyle.
For instance, 3M company company offers a well-designed product that provides comfortable, even compression for effective support. Made from breathable, dual-stretch power knit material, it ensures comfort during extended wear. The anatomical shape is tailored for an optimal fit, offering both joint protection and enhanced comfort. The compression brace's widespread use in both professional and recreational sports, coupled with rising awareness of their benefits, positions the compression braces segment as a dominant force in the ankle braces market.
North America is expected to dominate the ankle braces market
North America is expected to dominate the ankle braces market due to several factors significant factors. The high prevalence of sports-related injuries and increased awareness of injury prevention among athletes and the general population create a strong demand for ankle braces. Moreover, the growing geriatric population is expected to increase the number of injuries. To recover from the injuries several individuals prefer ankle braces which is raising the demand for these products further driving the region's market growth.
Moreover, North America's leading role in innovation and the presence of key manufacturers drive the development of advanced, high-quality products, ensuring continuous market growth. Betterguards launched its latest ankle brace technology product, BetterGuard 2.0. This innovative design is setting new standards in ankle support, providing the ideal combination of performance and protection against common ankle injuries like sudden twisting or rolling, all while maintaining full freedom of movement.
The introduction of advanced products in the region is expected to drive significant growth in the North American market, as athletes and active individuals increasingly seek advanced solutions for injury prevention and recovery. As a result, these factors position North America as a dominant player in the global ankle braces market.
The global market players in the ankle braces market are McDavid, United Medicare, Flamingo Health, Beagle Orthopaedic, Essity Aktiebolag, Algeo Ltd., Enovis Corporation, Osteoplast Wellness Private Limited, Bauerfeind USA Inc. and Ossur among others.
The global Ankle Braces market report would provide approximately 45 tables, 46 figures, and 180 pages.
Target Audience 2024
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