Knee Braces Market Research, 2033
The global knee braces market size was valued at $1.7 billion in 2023, and is projected to reach $2.5 billion by 2033, growing at a CAGR of 4.1% from 2024 to 2033.
Market Definition and Overview
Knee braces are orthopedic devices designed to support and stabilize the knee joint. They serve multiple purposes, including injury prevention, rehabilitation post-injury or surgery, pain relief from chronic conditions like arthritis, and providing additional support during sports and physical activities.
Knee braces are external supports worn around the knee to provide stability, alleviate pain, and prevent further injury. They are often used by athletes, individuals recovering from knee surgery, and those suffering from knee conditions like osteoarthritis. There are several types of knee braces, each designed to address specific needs such as prophylactic braces, functional braces, rehabilitative braces.
Key Takeaways
- The knee braces market forecast study covers 20 countries. The research includes a segment analysis of each country in terms of value ($billion) for the projected period 2024-2033.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major knee braces industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrates high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach intends to provide a balanced view of global markets and assist stakeholders in making informed decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
- By Product
- By Application
- By Delivery Channel
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players
- Ossur Hf. (Embla Medical hf.)
- Enovis Corporation (DJO Global, Inc.)
- Ottobock SE & Co. KGaA
- Orthofix Medical, Inc. (Breg, Inc.)
- Bauerfeind AG
- Mueller Sports Medicine, Inc.
- Tynor Orthotics Private Limited
- 3M
- Medi GmbH & Co. KG
- McDavid, Inc. (EZ GARD Industries, Inc.)