How Has The Knee Braces Market Size Evolved In Recent Years?
The knee braces market has seen considerable growth due to a variety of factors.
• The size of the knee braces market has seen a considerable increase over the recent years. It is forecasted to increase from $1.76 billion in 2024 to $1.87 billion in 2025, representing a compound annual growth rate (CAGR) of 5.8%.
The historical growth in this market is due largely to factors such as higher product distribution, an increase in the number of osteoarthritis (OA) cases, a greater occurrence of orthopedic knee surgeries, increased health care expenditures, greater public awareness, and a rise in sports participation.
What Is The Forecast For The Knee Braces Market By 2029?
The knee braces market is expected to maintain its strong growth trajectory in upcoming years.
• The market for knee braces is predicted to experience robust expansion in the coming years, estimated to reach a value of $2.32 billion by 2029, with a compound annual growth rate (CAGR) of 5.5%.
This surge during the prediction period can be associated with factors such as the rise in the elderly population, heightened awareness, an increase in acceptance of non-invasive treatment choices, a boost in sports engagement and fitness patterns, and a mounting prevalence of osteoarthritis. Key trends during this forecast period encompass technological progression, the effect of growing senescence worldwide, product modernization, strategic partnerships, and the development of advanced knee braces.
What Are the Critical Driver Fuelling the Knee Braces Market's Growth?
The surge in sports-related injuries will serve as a catalyst for the expansion of the knee braces market. Sports injuries encompass a variety of physical harm incurred during participation in athletic activities, affecting multiple body parts such as muscles, bones, tendons, ligaments, and joints. The swell in sports-related injuries can be attributed to the increasing interest in sports and fitness activities, which lead to enhanced participation in rigorous training and heightened physical stress. Knee braces are frequently used in treating sports injuries as they provide support, stability, and safeguard the knee joint. By restraining excessive movement and offering compression, they lessen the likelihood of injuries like ligament tears or strains. For instance, the National Safety Council, a US-based public health and safety organization, published data in September 2024 indicating an increase of 2% in reported sports and recreational injuries in the US in 2023, resulting in total of 3.7 million people seeking medical attention at emergency departments for injuries related to sports and recreational equipment. Therefore, the increasing trend of sports-related injuries is fueling the knee braces market's growth.
How Is The Globa Knee Braces Market Divided Into Key Segments?
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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What Trends Are Reshaping The Knee Braces Market?
Key players in the knee brace industry are concentrating on incorporating innovative technology like unloader braces into their products to increase comfort, advance offloading processes, meld wearable tech, and provide tailored treatment for knee osteoarthritis. Unloader braces, knee braces crafted to relieve pain and improve function by shifting pressure away from the damaged part of the knee, are frequently utilized for unicompartmental knee osteoarthritis sufferers. For example, in January 2024, the American healthcare tech company Enovis Corporation introduced the DonJoy ROAM OA Knee Brace. This device dynamically unloads the knee, reducing pain and improving mobility in unicompartmental osteoarthritis sufferers. Its easy-to-use design, adjustable fit, and lightweight build, make it an effective tool for non-invasive maintenance and support in everyday activities.
Who Are the Key Players in the Knee Braces Market?
Major companies operating in the knee braces market are include:
• 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 are the Regional Insights into 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.
