Knee Braces Market Poised for 5.5% Growth, Set to Hit $4.09 Billion by 2029

What industry-specific factors are fueling the growth of the knee braces market?
The growth trajectory of the knee braces market is set to be propelled by an increasing prevalence of sports-related injuries. Athletic activities can result in a variety of physical damages affecting muscles, bones, tendons, ligaments and joints, collectively known as sports injuries. As sports and fitness activities gain more popularity, more people are taking part in intensive training and subjecting their bodies to heightened physical stress, thus escalating the incidence of sports injuries. Knee braces, widely used in the event of sports injuries, offer support, stability and protection to the impacted knee joint. They limit excessive movement and offer compression, mitigating the risk of ligament scarcities or strains. For example, as per data revealed by the National Safety Council, a US-based public health and safety organization, in September 2024, there was a 2% increase in reported sports and recreational injuries in the US during 2023, with a total of 3.7 million individuals seeking emergency medical treatment due to injuries related to sports and recreational equipment. Consequently, a surge in sports injuries is stimulating the expansion of the knee braces market.

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What Is the projected market size and growth rate for the knee braces market?
In recent times, the knee braces market has seen robust growth. The market size is predicted to escalate from $1.76 billion in 2024 to $1.87 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.8%. Factors that contributed to this growth during the historical period include heightened product penetration, an increase in osteoarthritis (OA) incidences, more orthopedic knee surgeries, a rise in healthcare expenditures, improved awareness, and augmented sports participation.

The market for knee braces is predicted to experience significant expansion in the upcoming years. The market is projected to reach $2.32 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.5%. The growth during this forecasted period can be credited to factors such as a rise in the elderly population, increased awareness, growing preference for non-surgical treatment methods, a surge in sporting activities and fitness trends, and a rising incidence of osteoarthritis. Key trends expected during this timeframe encompass technological progression, the effect of the worldwide increase in the aging population, product innovation, strategic partnerships, and the advent of advanced knee braces.

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What new trends are reshaping the knee braces market and its opportunities?
Leading firms in the knee brace market are concentrating on the introduction of technologically advanced solutions like unloader braces. This development aims at enhancing user comfort, bettering offloading mechanisms, incorporating wearable technology, and offering a more personalised treatment for knee osteoarthritis. An unloader brace, designed to decrease pain and boost function, shifts pressure away from the impacted area of the knee. It's typically utilised by people suffering from unicompartmental knee osteoarthritis. For instance, Enovis Corporation, an American medical technology firm, unveiled the DonJoy ROAM OA Knee Brace in January 2024. This brace dynamically unloads the knee to relieve pain and improve mobility for those with unicompartmental osteoarthritis. Thanks to its user-friendly design, customizable fit, and lightweight structure, it provides an effective means of conservative management and support for everyday tasks.

What major market segments define the scope and growth of 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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Which region dominates 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.

Which key market leaders are driving the knee braces industry 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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What Is Covered In The Knee Braces Global Market Report?

•Market Size Forecast: Examine the knee braces market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the knee braces market for a structured understanding.
•Key Players Overview: Analyze major players in the knee braces market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the knee braces market.
•Segment Contributions: Evaluate how different segments drive overall growth in the knee braces market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the knee braces market.
•Industry Challenges: Identify potential risks and obstacles affecting the knee braces market.
•Competitive Landscape: Review strategic developments in the knee braces market, including expansions, agreements, and new product launches.

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