Knee Braces Market Opportunity Analysis, 2018-2026
Knee braces are made from one or more combination of rigid and flexible materials like metal, plastic, moldable foam, synthetic rubber, padding or elastic material and straps. These knee braces are available is several sizes and have provisions for pressure adjustments. On the other hand, custom knee braces are designed in a way to perfectly fit the exact knee measurements.
Increasing Knee injuries along with Osteoarthritis contributing to the boost of global knee braces market
The knee braces consumption is mostly driven by patients suffering from osteoarthritis. According to WHO, over 20% of the world’s population aged over 60 that accounts for around 130 million people will suffer from osteoarthritis by the 2050. Additionally, the National Institute of Health reported 6,664,324 knee injuries in the U.S. from 1999 to 2008 and is expecting a significant in increase in this number by 2020. These estimates suggests a drastic boost for the global knee braces market during the forecast period.
North America to hold largest share of the global knee braces market owing to increased osteoarthritis cases
On the basis of regional segmentation, the knee braces market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is the largest shareholder of the global market, followed by Europe. According to Centers for Disease Control and Prevention (CDC), around 30 million adults in the U.S. are affected with osteoarthritis in 2016 suggesting high consumption of knee braces for the treatment of this disease in the U.S. Moreover, developing countries such as China, Japan and India are emerging as potential regional competitors to build a strong market share in the global knee braces industry due to improvement in healthcare infrastructure, government revenue towards developing safety facilities and orthopedic facilities, awareness about importance of maintaining good health among the people and rise in the rates of obesity.
High incidence rates of osteoarthritis and meniscus injuries are responsible for driving the global knee braces market
The prevalence and incidence rate of Osteoarthritis and meniscus injuries among the geriatric population are the primary reasons to drive the global knee braces market. The United Nations suggests that number of people aged over 60 years is projected to grow by 56%, accounting a rise from 901 million to 1.4 billion in the years 2015 to 2030. Moreover, according to the CDC data in 2015, 23.7 million adults in the U.S. have functional limitations in their regular movements due to doctor diagnosed arthritis suggesting strong probabilities of prevalence of osteoarthritis. Other factors that are responsible for driving global knee braces market includes knee injury, meniscus injury, use of knee braces as preventive measures to avoid knee injuries by sport players and athletes and people with genetic effects that have defects in natural collagen production leading to knee pain.
Access Table of Content (TOC) Of the Report @ https://www.coherentmarketinsights.com/ongoing-insight/toc/440
The key players dominating the global knee braces market includes Alex Orthopedic Inc., Body Sport, Bell Horn, Cho-Pat, DJO Global, Medi-Dyne and Medline. These companies are holding a strong position in the global knee braces market due to high R&D investment costs and long term contract relationship with the customers.
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Knee Braces Market Opportunity Analysis, 2018-2026 here
News-ID: 1182953 • Views: 222
More Releases from Coherent Market Insights
Protective Coatings Market | Akzo Nobel N.V., The Valspar Corporation and PPG In …
Coherent Market Insights, one of the leading market research firm has recently published a report.This report will provide data on the current and future trends of market, ongoing competition, key players share, market volume and value, etc. The key information covered in the report will help the existing as well as new entrants to get in-depth market knowledge and make appropriate business decisions for short term and long-term. The Protective
Antistatic Agents Market | Akzo Nobel N.V., 3M Company, BASF SE and Ampacet Corp …
Antistatic agents prevent or reduce accumulation of static electricity on surfaces. Fatty acid esters, quaternary ammonium compounds, alkylsulfonates, ethoxylated amines, and alkylphosphates are some of the widely used antistatic agents. Antistatic agent eliminates problems such as dust pick up, and electrical discharge This Antistatic Agents report consist of the basic overview of the market, including product definitions, classifications, new product launches, key developments and the industry chain structure of the overall
Pharmaceutical Pouch Market Revenue and Value Chain 2018-2026 | Coherent Market …
The Pharmaceutical Pouch report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Pharmaceutical Pouch during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping
Thin Wall Packaging Market Value Share, Supply Demand 2020-2027 | Coherent Marke …
Thin wall packaging is a type of packaging, which utilizes thin and lightweight plastic. The use of lightweight plastics makes the production process cost efficient and time saving. The utilization of the resources efficiently at higher production rate helps the packaging companies in achieving higher cost efficiency. The Thin Wall Packaging report covers significant data related to the market driving forces that are predicted to have a huge impact on the
More Releases for Knee
Global Total Knee Arthroplasty Market Research Report
This report studies the global Total Knee Arthroplasty market status and forecast, categorizes the global Total Knee Arthroplasty market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Zimmer Biomet Stryker DePuy Synthes Smith and Nephew Aesculap Implants Systems Exactech Medacta MicroPort Scientific
How to avoid Infection after Knee Replacement?
Significant advances in technology and medicine have made it possible for most knee replacements to be successful. However, in a few cases, infection is possible. This is why it is important for patients, scheduled for knee replacement surgery, to be aware of the possibility, prevention and signs of infection so that they can be prepared in advance. Here are a few things to consider about knee replacement surgeries and infections. Risks After
Knee Reconstruction Materials Market - Knee Replacement Surgery Driving the Glob …
This study researches the market size of Knee Reconstruction Materials in United States, European Union and China, presents the Knee Reconstruction Materials production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth
Knee Replacement Devices Market Feverish by 2025
Global Knee Replacement Devices Market: Overview The primary objective of any knee replacement is to alleviate pain and improve flexibility. Knee replacements are sometimes tailor-made to fulfill the individual needs of patients, as these devices are not one-style-fits-all or one-size-fits-all. Fixed-bearing implants are perhaps the most common knee replacement implants. All knee replacement devices consist of four common components, namely, plastic spacer, tibial component, femoral component, and patellar component. Based on type
Knee Walkers Market Volume Analysis 2016-2026
The modern human society has changed and evolved with time. Modernization of lifestyle and over dependency on gadgets has made the modern human race crippled and it has also taken a heavy toll on the health and lifestyle of an average global citizen who is a part of this never ending rat race. A modern man or a woman is seduced by the glamour and glitter the modern life
Global and Japan Knee Support Market: By Knee Support Category - Open Knee Suppo …
Researchmoz added Most up-to-date research on "Global and Japan Knee Support Market: By Knee Support Category - Open Knee Support & Closed Knee Support" to its huge collection of research reports. The global Knee Support market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role