The Business Research Company’s report on the Knee Braces Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the knee braces market in recent years?
The rising incidence of sports injuries will propel the growth of the knee braces market going forward. Sports injuries refer to a range of physical injuries that occur as a result of participating in various athletic activities or sports, and these injuries affect different parts of the body, including muscles, bones, tendons, ligaments, and joints. The rising incidence of sports injuries is driven by the growing popularity of sports and fitness activities, leading to more participants engaging in high-intensity training and increased physical stress. Knee braces are commonly used in sports injuries to provide support, stability, and protection to the knee joint. They help reduce the risk of injury, such as ligament tears or strains, by limiting excessive movement and providing compression. For instance, in September 2024, according to the data published by the National Safety Council, a US-based public health and safety organization, the number of reported sports and recreational injuries in the US increased by 2% in 2023, with a total of 3.7 million individuals receiving medical treatment in emergency departments for injuries related to sports and recreational equipment. Therefore, the rising incidence of sports injuries is driving the growth of the knee braces market.
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What is the projected market size of the knee braces industry, and how is it expected to grow?
The knee braces market size has grown strongly in recent years. It will grow from $1.76 billion in 2024 to $1.87 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased product penetration, a rise in osteoarthritis (OA) cases, orthopedic knee surgeries, a rise in healthcare spending, increased awareness, and an increase in sports participation.
The knee braces market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing aging population, rising awareness, increasing adoption of non-invasive treatment options, growing sports participation and fitness trends, and growing prevalence of osteoarthritis. Major trends in the forecast period include technological advancements, the impact of growing aging populations globally, product innovation, strategic collaborations, and advanced knee braces.
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Who are the key players driving competition in the knee braces market?
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
What key trends are expected to drive the iodine market during the forecast period?
Major companies operating in the knee brace market are focused on developing technological advancements such as unloader braces to enhance comfort, improve offloading mechanisms, integrate wearable technology, and provide more effective, personalized treatment for knee osteoarthritis. An unloader brace is a knee brace designed to reduce pain and improve function by redistributing pressure away from the affected compartment of the knee, commonly used for individuals with unicompartmental knee osteoarthritis. For instance, in January 2024, Enovis Corporation, a US-based medical technology company, launched the DonJoy ROAM OA Knee Brace, which provides dynamic unloading of the knee to alleviate pain and enhance mobility for individuals with unicompartmental osteoarthritis. Its user-friendly design, customizable fit, and lightweight construction make it an effective solution for conservative management and support during daily activities.
Which key geographies are driving 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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What are the key segments driving growth in the knee braces market?
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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How is the knee braces market defined?
Knee braces are devices designed to support and stabilize the knee joint. They are used to prevent or reduce knee injuries by offering compression and protection. Knee braces can limit movement to aid in recovery or to prevent excessive motion. They are commonly used in both athletic and medical settings for rehabilitation or injury prevention.
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