Rigid knee braces are medical devices intended for knee joint stability, support, and pain management. They provide rigid, versatile support through different hinge mechanisms and straps to protect the knee from unwanted movements and subsequent injuries.
The global Rigid Knee Braces Market is estimated to be valued at US$ 991.4 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increase in sports injuries has been a key driving factor for the growth of rigid knee braces market. Participation in contact sports such as football, basketball, rugby and others has increased considerably over the years. However, it has also led to rise in knee injuries due to tackles, falls, twists and blows. According to National Safety Council, sports injuries account for over 3 million doctor visits annually in the US. Rigid knee braces are highly effective in preventing knee injuries, supporting the joint, and hastening recovery from existing injuries. They provide rigid stabilization and restrict unwanted movements of the knee. This has contributed to the growing demand and uptake of rigid knee braces globally. The market is expected to witness continued growth over the forecast period due to rising sports culture and participation globally.
Segment Analysis
The global rigid knee braces market is dominated by the hinged knee braces segment, which accounted for over 35% of the market share in 2024. Hinged knee braces are preferred for moderate to severe osteoarthritis and injury rehabilitation as they provide adequate stability and proper alignment to the knee. The drop lock knee braces segment is expected to witness fastest growth during the forecast period due to their versatility of motion and support.
Key Takeaways
The global rigid knee braces market analysis is expected to witness high growth during the period 2023 to 2030. The global Rigid Knee Braces Market is estimated to be valued at US$ 991.4 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030.
Regional analysis
North America dominated the global rigid knee braces market in 2024 and is expected to remain the largest market during the forecast period. This is attributed to the growing geriatric population suffering from knee disorders and increasing healthcare investments in the region. The Asia Pacific region is projected to witness the fastest growth during the forecast period owing to rapid economic development, improving healthcare infrastructure, and increasing disposable incomes in emerging economies such as China and India.
Key players
Key players operating in the rigid knee braces market are Mueller Sports Medicine, Inc., DJO Global, LLC, ACE Brand, Tynor Orthotics Private Limited, 3M Science, Mava Sports, Bauerfeind AG, Breg, Inc., Ossur, Thuasne USA, Zimmer Biomet, Kao Chen Enterprise Co., Ltd, Össur, Orthosys, Bauerfeind USA Inc., Orliman S.L.U., Steeper Inc., Beagle Orthopedic, Essity Medical Solutions, Bird & Cronin, LLC, Ottobock, Trulife, DeRoyal Industries, Inc., and Remington Medical Equipment.
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