Rigid Knee Braces Market

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RIGID KNEE BRACES MARKET ANALYSIS

• Rigid Knee Braces Market, By Type (Prophylactic
  Braces, Functional Braces, Rehabilitative Braces,
  and Unloader Braces), By Application  (Arthritis,
  Tendonitis, Knee Ligament Injury, Athletic
  Activity, and Others), By End User (Hospitals and
  Clinics, Orthopedic Centers, and Rehabilitation
  Centers), and By Region (North America, Latin
  America, Europe, Asia Pacific, Middle East, and
  Africa) - Size, Share, Outlook, and Opportunity
  Analysis, 2020 - 2027

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•  The global rigid knee braces market is estimated
  to be valued at US  836.6 million in 2020 and is
  expected to exhibit a CAGR of 4.2 during the
  forecast period (2020-2027).
• The prevalence and incidence rate of
  osteoarthritis and meniscus injuries among the
  geriatric population are the primary reasons that
  drive growth of the global rigid knee braces
  market. The United Nations suggest that number of
  people aged over 60 years is projected to grow by
  56, accounting a rise from 901 million to 1.4
  billion during 2015 to 2030.
• Knee braces are made from one or more combination
  of rigid and flexible materials such as metal,
  plastic, moldable foam, synthetic rubber, padding
  or elastic material and straps. Knee braces are
  available in several sizes and have provision for
  pressure adjustment. On the other hand, custom
  knee braces are designed in a way to perfectly
  fit the exact knee measurements

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Figure 1 Global Rigid Knee Braces Market Share
() Analysis, By Type, 2020
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• Global Rigid Knee Braces Market - Restraints
• However, high cost of knee braces is expected to
  hamper the global rigid knee braces market growth
  over the forecast period.
• Global Rigid Knee Braces Market Regional
  Analysis
• North America accounted for the largest share in
  the global rigid knee braces market in 2019,
  owing to increasing launch of new osteoarthritis
  knee braces. For instance, in 2015, Townsend
  Design launched Active Reliever, a soft shell
  single-upright osteoarthritis (OA) knee brace.
  This off-the-shelf or custom fitted brace is
  designed to relieve pain by reducing load on the
  side of the knee that has been injured or
  progressively degenerated.

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• Competitive Landscape
• Key players operating in the global rigid knee
  braces market include Mueller Sports Medicine,
  Inc., DJO Global, LLC, (Donjoy), ACE Brand, Tynor
  Orthotics Private Limited, 3M Science, Mava
  Sports, Bauerfeind AG, Breg, Inc., and Ossur.

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Figure 2 Global Rigid Knee Braces Market
Value (US Mn) Y-o-Y Growth (), 2017-2027
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