Press release
Knee Braces Market to reach USD 2.31 Bn by 2029, emerging at a CAGR of 5 percent and forecast (2022-2029)
Knee Braces Market
The Knee Braces Market Report provides a comprehensive analysis of the market for stakeholders in the industry. It presents the past and current status of the industry, along with the forecasted market size and trends. The report covers all aspects of the market, including a dedicated study of key players, market leaders, followers, and new entrants.
The report utilizes a robust research methodology to analyze the Knee Braces Market. It includes Porter's Five Forces analysis, PESTEL analysis, and an examination of the potential impact of micro-economic factors on the market. The report presents both external and internal factors that are expected to affect the business positively or negatively, providing decision-makers with a clear understanding of the industry's future prospects.
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What are Knee Braces Market Dynamics?
The Knee Braces Market is driven by several factors. The growing prevalence of knee diseases in the aging population and the rise in surgical procedures contribute to market development. Additionally, the increasing acceptance of robotic-assisted knee surgeries and the high incidence of knee osteoarthritis create opportunities for market growth. Furthermore, the rising awareness of the benefits of knee replacement has led to an increased number of adults undergoing early knee replacement surgeries. The market also benefits from the growing incidences of sports injuries.
The main limitation in the Knee Braces Market is the high price of knee replacement surgery, particularly in countries experiencing financial decline in recent years.
What are Knee Braces Market regional insights:
In 2021, the North American region dominated the Knee Braces Market with a 38% market share. Factors such as the availability of insurance coverage, a growing aged population, and the increasing prevalence of osteoarthritis in the United States contribute to this dominance. The Asia-Pacific market is expected to grow at a CAGR of 5.8% during the forecast period. The region benefits from a rising aging population, medical tourism due to lower procedural costs, and the availability of knee replacement surgeries in countries like Thailand and Singapore, which are significantly cheaper than in the United States.
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What is Knee Braces Market Segmentation?
by Application
• Sports
• Ligament
• Arthritis
• Others
by Delivery Channel
• Hospitals/Clinics
• Retail
• E-Commerce
by Product
• Prophylactic
• Functional
• Rehabilitative
• Unloader
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Who are Knee Braces Market Key Players?
• Colfax Corporation (DJO Global, Inc.)
• 3M Company (3M Science)
• Orthofix Medical, Inc. (Breg, Inc.)
• Mueller Sports Medicine, Inc.
• McDavid, Inc. (EZ GARD Industries, Inc.)
• Bauerfeind AG
• Medi GmbH & Co. KG
• Otto Bock Healthcare GmbH
• Tynor Orthotics Private Limited
• Healthcare GmbH
• Ossur Corporate
• Zimmer Inc.
• Corin Group
• DePuy Synthes
• Johnson & Johnson Services Inc.
• B. Braun Melsungen AG
• DJO Global, Inc.
• Baumer Holding AG
• SurgTech Inc.
• Wright Medical Group N.V
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Table of content for the Knee Braces Market includes:
1. Global Knee Braces Market: Research Methodology
2. Global Knee Braces Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Knee Braces Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Knee Braces Market Segmentation
• Global Market, by Application (2021-2029)
• Global Market, by Delivery Channel (2021-2029)
• Global Market, by Product (2021-2029)
5. Regional Knee Braces Market (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Delivery Channel (2021-2029)
• Regional Market, by Product(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/knee-braces-market/122651/
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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