by The rigid knee braces market comprises rigid leg braces that provide rigid support to the knee joints. Rigid knee braces are commonly used for injury prevention in sports activities and rehabilitation of injuries such as sprains, strains, and tears. The growing participation in sports and increasing risk of knee injuries is driving demand for rigid knee braces. Rigid knee braces provide extra support and stability to the knee joint by restricting its motion, which aids faster recovery from injuries. They are recommended by physicians for ligament injuries, arthritis, and post-surgery support.
The Global Rigid Knee Braces Market is estimated to be valued at US$ 1142.1 Mn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2030.
Key Takeaways
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. The major players are focusing on developing advanced knee braces with improved comfort, rigidity, and durability.
The growing popularity of sports and increasing risk of knee injuries amongst youth and older population is boosting the demand for rigid knee braces. According to studies, more than 250,000 anterior cruciate ligament injuries occur in the United States annually and most occur during sports activities.
Technological advancements such as use of lightweight and durable materials for fabrication is helping improve performance and comfort of rigid knee braces. Development of braces integrated with telemetric systems for remote health monitoring is also aiding in early diagnosis and treatment of knee injuries.
Market Trends
Growing preference for customized braces: Manufacturers are offering customizable and adjustable rigid knee braces to provide patient-specific fit. 3D printing technology is enabling development of personalized braces based on an individual’s anatomy.
Emphasis on post-surgery rehabilitation: Rigid knee braces are increasingly used in post-surgery care, especially for ACL reconstruction. They provide much needed rigidity and stability during rehabilitation exercises to aid faster recovery.
Market Opportunities
Emerging economies in Asia Pacific and Middle East are expected to provide lucrative opportunities for rigid knee braces manufacturers owing to growing medical infrastructure and insurance coverage. Increasing cases of osteoarthritis in aging population also presents an opportunity to develop value-added solutions specially designed for geriatric knee support. Manufacturers can venture into telemetric braces integrated with mobile apps for remote health monitoring present an upcoming opportunity.
Impact of COVID-19 on Rigid Knee Braces Market Growth
The COVID-19 pandemic has significantly impacted the growth of the rigid knee braces market. During the initial lockdown phases in 2020, clinics and physical therapy centers were temporarily shut down. This led to a decline in new orthopedic prescriptions and fittings for knee braces. With social distancing norms in place, many sports activities and physiotherapy sessions were also halted, decreasing the demand for knee supports. The restricted movement and lack of physical activities further reduced the instances of knee injuries that require rigid braces.
However, as restrictions are gradually being lifted globally, the rigid knee braces market is witnessing steady recovery. With resumption of sports events and reopening of healthcare facilities post-vaccination drives, new patients are opting for knee bracing solutions again. Manufacturers are focusing on strict sanitization of products and expanding their online sales channels to cater to the growing demand. The increased risk of knee problems due to long periods of inactivity is also supporting the market growth. The need to prevent injuries and expedite rehabilitation process is propelling the usage of rigid knee braces in the post-pandemic period. The market is expected to regain momentum and surpass pre-COVID projections by 2024.
Geographical Regions with Highest Value Concentration of Rigid Knee Braces Market
North America holds the leading share in terms of value in the global rigid knee braces market currently. This can be primarily attributed to the rising prevalence of knee injuries owing to involvement in contact sports like American football and increasing obese population in the US and Canada.
The region also has a well-established healthcare infrastructure and higher acceptance of advanced orthopedic solutions like rigid knee braces for post-surgery recovery and injury prevention. Furthermore, major players manufacturing knee supports have their headquarters in North American countries, facilitating easy availability of products.
Fastest Growing Regional Market for Rigid Knee Braces
The Asia Pacific region is projected to witness the fastest growth in the rigid knee braces market during the forecast period from 2024 to 2030. This rapid expansion can be credited to the improving healthcare infrastructure, rising standards of living, growing emphasis on sports and fitness, and increasing medical tourism in developing nations like India and China.
Moreover, the large geriatric population base suffering from osteoporosis and joint disorders in the Asia Pacific boosts the demand for rigid knee braces. Favorable government initiatives to promote low-cost orthopedic treatments also support the market growth. Continued economic development and growing medical expenses are further propelling the APAC rigid knee braces market.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
