The Future of theIodine Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theKnee Braces Market?
The escalating count of sports-related injuries is set to fuel the expansion of the knee braces market. Sports injuries encompass a variety of physical damages that result from participation in diverse athletic pursuits or sports, impacting various body parts, inclusive of muscles, bones, tendons, ligaments, and joints. The surge in sports injuries stems from the burgeoning trend of sports and fitness activities, thereby leading to an increasing number of individuals indulging in rigorous training and heightened physical exertion. Knee braces are typically employed in sports injuries for offering support, stability, and safeguarding the knee joint. They assist in minimizing the risk of injuries like ligament ruptures or sprains by restraining excessive movement and offering compression. As an illustration, in September 2024, based on the statistics released by the National Safety Council, a public health and safety body based in the US, there was a 2% increment in the reported sports and recreational harm incidents in the US in 2023, with around 3.7 million individuals receiving medical aid in emergency departments for injuries linked to sports and recreational apparatus. Hence, the escalating count of sports-related injuries is driving the knee braces market’s expansion.
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How Will the Growth Rate of theKnee Braces Market Impact Industry Trends by 2034?
The market size for knee braces has seen significant growth over the past few years. It is projected to expand from $1.76 billion in 2024 to $1.87 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 5.8%. The growth witnessed in the past can be credited to factors such as higher product penetration, an increase in cases of osteoarthritis (OA), a surge in knee-related orthopedic surgeries, increment in healthcare expenditure, better awareness, and an uptick in participation in sports.
In the coming years, the market for knee braces is projected to experience robust growth. It is anticipated to expand to $2.32 billion in 2029, with a compound annual growth rate (CAGR) of 5.5%. The growth during this forecast period can be credited to factors such as the rising elderly population, increased awareness, the growing preference for non-invasive treatment options, an uptick in participation in sports and focus on fitness, and a rise in cases of osteoarthritis. Key trends predicted for this period include technological innovation, the effect of an expanding global aging population, product innovation, strategic partnerships, and the development of advanced knee braces.
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What Key Market Trends and Innovations Are Shaping the Future of theKnee Braces Industry?
Several leading enterprises in the knee brace market are concentrating on the introduction of advanced technologies, such as unloader braces. These developments aim to improve comfort levels, enhance offloading mechanisms, merge wearable technology, and provide customized treatment for knee osteoarthritis more efficiently. An unloader brace is a type of knee brace meant to alleviate pain and enhance functionality by shifting pressure from the afflicted knee compartment. It is typically used by people suffering from unicompartmental knee osteoarthritis. For example, in January 2024, Enovis Corporation, a medical technology firm based in the US, unveiled the DonJoy ROAM OA Knee Brace. This brace offers dynamic unloading of the knee to reduce pain and improve mobility in people with unicompartmental osteoarthritis. Its user-friendly design, customizable fitting, and lightweight build make it an effective solution for conservative treatment and support during everyday tasks.
Which Companies Are Leading the Charge in Expanding theKnee Braces Market Growth?
Major companies operating in the knee braces market are Johnson & Johnson Services Inc., 3M Company, Medline Industries Inc., Essity AB., Enovis Corporation, Weber Orthopedic Inc, Otto Bock Healthcare GmbH, Össur hf., Orthofix Medical Inc., Breg Inc., Bauerfeind AG, McDavid Inc., Tynor Orthotics Pvt. Ltd., Mueller Sports Medicine Inc., Aspen Medical Products Inc., Medi GmbH & Co. KG, BioSkin LLC., Rehband AB., Medi-Dyne Healthcare Products Inc., ThermoSki
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How is the Global Knee Braces Market Segemented?
The knee braces market covered in this report is segmented –
1) By Type: Prophylactic Knee Braces, Rehabilitative Knee Braces, Patellofemoral Knee Braces, Functional Knee Braces
2) By Application: Medical Use, Sports Use
3) By End Use: Orthopedic Clinics, Over-the-Counter (OTC), Hospital, Durable Medical Equipment (DME) Dealers, Other End Users
Subsegments:
1) By Prophylactic Knee Braces: Hinged Prophylactic Braces, Sleeve-Style Prophylactic Braces, Wraparound Prophylactic Braces, Others
2) By Rehabilitative Knee Braces: Post-Operative Braces, Recovery Knee Braces, Adjustable Braces For Rehabilitation, Others
3) By Patellofemoral Knee Braces: Patella Stabilizing Braces, Patella Tracking Braces, Open Patella Braces, Others
4) By Functional Knee Braces: Ligament Knee Braces, ACL Support Braces, Hinged Knee Braces For Support, Custom-Made Functional Knee Braces, Others
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Which Geographics are Influencing the Growth of the Knee Braces Market?
North America was the largest region in the knee braces market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the knee braces market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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