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Knee Braces Market Size, Share & Trends Analysis Report By Delivery Channel (E-commerce, Retail, and Hospitals/ Orthopedic Clinics), By Product (Functional, Unloader, Prophylactic, and Rehabilitative), By Application, By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 339 Pages
  • April 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 4987632
The Global Knee Braces Market size is expected to reach $2.6 billion by 2031, rising at a market growth of 4.6% CAGR during the forecast period. In the year 2023, the market attained a volume of 15,490.2 thousand units, experiencing a growth of 5.7% (2020-2023).

North America has a significant prevalence of knee injuries and conditions such as ligament tears, osteoarthritis, and sports-related injuries. Consequently, the North America region captured $622.9 million revenue in the market in 2023. Also, the Mexico market utilized 375.5 thousand units of braces in 2023. The region’s active lifestyle, participation in sports activities, and aging population contribute to the increased incidence of knee problems, driving the demand for knee braces as a supportive and rehabilitative solution.



With more people engaging in sports and fitness activities, knee injuries such as ligament sprains, meniscus tears, and patellar dislocations are likely to be sustained. The increased incidence of these injuries is driven by the need for these braces as a prophylactic intervention to support the knee joint and lower the risk of damage during physical activities. Professional and amateur athletes use the braces to protect against injuries and provide stability during training and competitions. Thus, growing sports participation and fitness trends propel the market’s growth.

Additionally, rapid urbanization and infrastructure development in many regions have led to increased rates of road traffic accidents and workplace injuries, resulting in a higher incidence of knee injuries. ACL injuries in females between the ages of 5 and 14 had the largest yearly growth rate in injury incidence (10.4%), according to demographic research. Similarly, as per the Government of Canada, the total number of injuries from traffic increased to 108,018 in 2021, up 3.6% from 2020 (104,286) in Canada. In conclusion, rising prevalence of knee injuries globally are propelling the market’s growth.

However, in cases of severe traumatic injuries such as complete ligament tears or fractures, it may have limited efficacy as standalone treatments. Individuals with complex knee instabilities due to multiple ligament injuries or ligament laxity may find limited benefit from standard off-the-shelf braces. Custom-made braces or surgical interventions may be necessary to adequately address the specific instability patterns and restore stability to the knee joint. Hence, the limited efficacy for certain conditions impedes the market’s growth.

The pandemic-induced lockdowns, travel restrictions, and trade disruptions disrupted global supply chains, affecting the production and distribution of these braces and related components. Manufacturers faced challenges in sourcing raw materials, components, and packaging materials, leading to production and delivery timelines delays. During the peak of the pandemic, many healthcare facilities postponed or canceled elective surgeries and procedures to prioritize resources for COVID-19 patients and minimize the risk of virus transmission. Thus, the COVID-19 pandemic moderately impacted the market.

By Delivery Channel Analysis

By delivery channel, the market is divided into e-commerce, hospitals/ orthopedic clinics, and retail. In 2023, the E-commerce segment registered the 44.59% revenue share in the market. In terms of volume, E-commerce segment registered 7,498.4 thousand units in 2023. E-commerce platforms offer unparalleled convenience for consumers to browse, compare, and purchase these braces from the comfort of their homes.

By Product Analysis

On the basis of product, the market is segmented into unloader, functional, prophylactic, and rehabilitative. In 2023, the prophylactic segment attained a 28.35% revenue share in the market. In terms of volume, prophylactic segment consumed 2,386.8 thousand units in 2023. Prophylactic knee braces are specifically designed to prevent knee injuries before they occur.



By Application Analysis

Based on application, the market is divided into arthritis, sports, ligament, and others. In 2023, the arthritis segment garnered the 38.08% revenue share in the market. In terms of volume, arthritis segment make use of 5,422.8 thousand unit in the market in 2023. Arthritis, especially osteoarthritis, causes joint pain and discomfort, particularly in weight-bearing joints like the knees. Also, the prevalence of arthritis is increasing the demand for knee braces.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated a 29.09% revenue share in the market. In terms of volume, cans segment would register 4,755.0 thousand units in the market in 2023. The Asia Pacific region has witnessed a surge in sports participation and recreational activities across various age groups.

Market Competition and Attributes



The Market exhibits a competitive landscape driven by factors such as technological advancements, product innovation, strategic collaborations, and the presence of key players. Market competition is characterized by a diverse range of manufacturers offering a variety of the braces catering to different consumer needs, including prophylactic, functional, rehabilitative, and unloader braces. Established companies vie for market share through extensive product portfolios, brand recognition, and distribution networks, while emerging players focus on niche segments or innovative technologies to gain a foothold in the market. Overall, the market competition in the Market is intense, fostering ongoing innovation and product development aimed at addressing the evolving needs of patients and healthcare professionals alike.

Recent Strategies Deployed in the Market

  • Jan-2024: Enovis Corporation completed the acquisition of LimaCorporate S.p.A., a global orthopedic leader known for innovative implant solutions. The acquisition bolsters Enovis' presence in orthopedic reconstruction with a complementary portfolio, driving global growth and margin expansion.
  • Jan-2024: Enovis Corporation's DJO, LLC subsidiary launches the DonJoy ROAM OA knee brace, offering relief for osteoarthritis and knee instability. ROAM OA utilizes cutting-edge unloader technology to alleviate pressure on the knee, easing pain, enhancing stability, and promoting mobility. Additionally, ROAM OA is the forefront of unloader knee braces for active patients with osteoarthritis-related pain.
  • Jan-2024: Ossur Hf. acquired Fior & Gentz, a leading manufacturer of neuro-orthotic components for lower limbs, enabling Ossur's entry into the swiftly expanding neuro-orthotics sector. Through this acquisition, Fior & Gentz's primary markets are anticipated to grow at 10-12%, with sales forecasted to exceed this rate while sustaining a strong EBITDA margin exceeding 30%.
  • Dec-2023: Tynor Orthotics Private Limited expanded with a groundbreaking manufacturing hub in Mohali, Punjab, featuring cutting-edge technology and infrastructure. This facility, spanning 240,000 square feet, aims to revolutionize orthopedic and healthcare offerings in India and beyond, diversifying its product range to include mobility aids, hot and cold therapy, advanced knee braces, and more.
  • Jun-2023: Enovis Corporation acquired Novastep, a global developer of proven foot and ankle solutions, from Amplitude Surgical SA. Novastep bolsters Enovis' presence in the bunion segment with its leading MIS bunion system, Pecaplasty, driving U.S. expansion. Additionally, Novastep's CE-marked forefoot and midfoot implants and strong international distribution channel advance the company's global strategy.

List of Key Companies Profiled

  • Enovis Corporation (DJO Global, Inc.)
  • 3M Company
  • Ossur Hf. (Embla Medical hf.)
  • Orthofix Medical, Inc. (Breg, Inc.)
  • Mueller Sports Medicine, Inc.
  • McDavid, Inc. (EZ GARD Industries, Inc.)
  • Bauerfeind AG
  • Medi GmbH & Co. KG
  • Ottobock SE & Co. KGaA
  • Tynor Orthotics Private Limited

Market Report Segmentation

By Delivery Channel (Volume, Thousand Units, USD Billion, 2020-2031)
  • E-commerce
  • Retail
  • Hospitals/ Orthopedic Clinics
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
  • Functional
  • Unloader
  • Prophylactic
  • Rehabilitative
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
  • Arthritis
  • Sports
  • Ligament
  • Others
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Knee Braces Market, by Delivery Channel
1.4.2 Global Knee Braces Market, by Product
1.4.3 Global Knee Braces Market, by Application
1.4.4 Global Knee Braces Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Knee Braces Market
Chapter 5. Global Knee Braces Market by Delivery Channel
5.1 Global E-commerce Market by Region
5.2 Global Retail Market by Region
5.3 Global Hospitals/ Orthopedic Clinics Market by Region
Chapter 6. Global Knee Braces Market by Product
6.1 Global Functional Market by Region
6.2 Global Unloader Market by Region
6.3 Global Prophylactic Market by Region
6.4 Global Rehabilitative Market by Region
Chapter 7. Global Knee Braces Market by Application
7.1 Global Arthritis Market by Region
7.2 Global Sports Market by Region
7.3 Global Ligament Market by Region
7.4 Global Others Market by Region
Chapter 8. Global Knee Braces Market by Region
8.1 North America Knee Braces Market
8.1.1 North America Knee Braces Market by Delivery Channel
8.1.1.1 North America E-commerce Market by Country
8.1.1.2 North America Retail Market by Country
8.1.1.3 North America Hospitals/ Orthopedic Clinics Market by Country
8.1.2 North America Knee Braces Market by Product
8.1.2.1 North America Functional Market by Country
8.1.2.2 North America Unloader Market by Country
8.1.2.3 North America Prophylactic Market by Country
8.1.2.4 North America Rehabilitative Market by Country
8.1.3 North America Knee Braces Market by Application
8.1.3.1 North America Arthritis Market by Country
8.1.3.2 North America Sports Market by Country
8.1.3.3 North America Ligament Market by Country
8.1.3.4 North America Others Market by Country
8.1.4 North America Knee Braces Market by Country
8.1.4.1 US Knee Braces Market
8.1.4.1.1 US Knee Braces Market by Delivery Channel
8.1.4.1.2 US Knee Braces Market by Product
8.1.4.1.3 US Knee Braces Market by Application
8.1.4.2 Canada Knee Braces Market
8.1.4.2.1 Canada Knee Braces Market by Delivery Channel
8.1.4.2.2 Canada Knee Braces Market by Product
8.1.4.2.3 Canada Knee Braces Market by Application
8.1.4.3 Mexico Knee Braces Market
8.1.4.3.1 Mexico Knee Braces Market by Delivery Channel
8.1.4.3.2 Mexico Knee Braces Market by Product
8.1.4.3.3 Mexico Knee Braces Market by Application
8.1.4.4 Rest of North America Knee Braces Market
8.1.4.4.1 Rest of North America Knee Braces Market by Delivery Channel
8.1.4.4.2 Rest of North America Knee Braces Market by Product
8.1.4.4.3 Rest of North America Knee Braces Market by Application
8.2 Europe Knee Braces Market
8.2.1 Europe Knee Braces Market by Delivery Channel
8.2.1.1 Europe E-commerce Market by Country
8.2.1.2 Europe Retail Market by Country
8.2.1.3 Europe Hospitals/ Orthopedic Clinics Market by Country
8.2.2 Europe Knee Braces Market by Product
8.2.2.1 Europe Functional Market by Country
8.2.2.2 Europe Unloader Market by Country
8.2.2.3 Europe Prophylactic Market by Country
8.2.2.4 Europe Rehabilitative Market by Country
8.2.3 Europe Knee Braces Market by Application
8.2.3.1 Europe Arthritis Market by Country
8.2.3.2 Europe Sports Market by Country
8.2.3.3 Europe Ligament Market by Country
8.2.3.4 Europe Others Market by Country
8.2.4 Europe Knee Braces Market by Country
8.2.4.1 Germany Knee Braces Market
8.2.4.1.1 Germany Knee Braces Market by Delivery Channel
8.2.4.1.2 Germany Knee Braces Market by Product
8.2.4.1.3 Germany Knee Braces Market by Application
8.2.4.2 UK Knee Braces Market
8.2.4.2.1 UK Knee Braces Market by Delivery Channel
8.2.4.2.2 UK Knee Braces Market by Product
8.2.4.2.3 UK Knee Braces Market by Application
8.2.4.3 France Knee Braces Market
8.2.4.3.1 France Knee Braces Market by Delivery Channel
8.2.4.3.2 France Knee Braces Market by Product
8.2.4.3.3 France Knee Braces Market by Application
8.2.4.4 Russia Knee Braces Market
8.2.4.4.1 Russia Knee Braces Market by Delivery Channel
8.2.4.4.2 Russia Knee Braces Market by Product
8.2.4.4.3 Russia Knee Braces Market by Application
8.2.4.5 Spain Knee Braces Market
8.2.4.5.1 Spain Knee Braces Market by Delivery Channel
8.2.4.5.2 Spain Knee Braces Market by Product
8.2.4.5.3 Spain Knee Braces Market by Application
8.2.4.6 Italy Knee Braces Market
8.2.4.6.1 Italy Knee Braces Market by Delivery Channel
8.2.4.6.2 Italy Knee Braces Market by Product
8.2.4.6.3 Italy Knee Braces Market by Application
8.2.4.7 Rest of Europe Knee Braces Market
8.2.4.7.1 Rest of Europe Knee Braces Market by Delivery Channel
8.2.4.7.2 Rest of Europe Knee Braces Market by Product
8.2.4.7.3 Rest of Europe Knee Braces Market by Application
8.3 Asia Pacific Knee Braces Market
8.3.1 Asia Pacific Knee Braces Market by Delivery Channel
8.3.1.1 Asia Pacific E-commerce Market by Country
8.3.1.2 Asia Pacific Retail Market by Country
8.3.1.3 Asia Pacific Hospitals/ Orthopedic Clinics Market by Country
8.3.2 Asia Pacific Knee Braces Market by Product
8.3.2.1 Asia Pacific Functional Market by Country
8.3.2.2 Asia Pacific Unloader Market by Country
8.3.2.3 Asia Pacific Prophylactic Market by Country
8.3.2.4 Asia Pacific Rehabilitative Market by Country
8.3.3 Asia Pacific Knee Braces Market by Application
8.3.3.1 Asia Pacific Arthritis Market by Country
8.3.3.2 Asia Pacific Sports Market by Country
8.3.3.3 Asia Pacific Ligament Market by Country
8.3.3.4 Asia Pacific Others Market by Country
8.3.4 Asia Pacific Knee Braces Market by Country
8.3.4.1 China Knee Braces Market
8.3.4.1.1 China Knee Braces Market by Delivery Channel
8.3.4.1.2 China Knee Braces Market by Product
8.3.4.1.3 China Knee Braces Market by Application
8.3.4.2 Japan Knee Braces Market
8.3.4.2.1 Japan Knee Braces Market by Delivery Channel
8.3.4.2.2 Japan Knee Braces Market by Product
8.3.4.2.3 Japan Knee Braces Market by Application
8.3.4.3 India Knee Braces Market
8.3.4.3.1 India Knee Braces Market by Delivery Channel
8.3.4.3.2 India Knee Braces Market by Product
8.3.4.3.3 India Knee Braces Market by Application
8.3.4.4 South Korea Knee Braces Market
8.3.4.4.1 South Korea Knee Braces Market by Delivery Channel
8.3.4.4.2 South Korea Knee Braces Market by Product
8.3.4.4.3 South Korea Knee Braces Market by Application
8.3.4.5 Singapore Knee Braces Market
8.3.4.5.1 Singapore Knee Braces Market by Delivery Channel
8.3.4.5.2 Singapore Knee Braces Market by Product
8.3.4.5.3 Singapore Knee Braces Market by Application
8.3.4.6 Malaysia Knee Braces Market
8.3.4.6.1 Malaysia Knee Braces Market by Delivery Channel
8.3.4.6.2 Malaysia Knee Braces Market by Product
8.3.4.6.3 Malaysia Knee Braces Market by Application
8.3.4.7 Rest of Asia Pacific Knee Braces Market
8.3.4.7.1 Rest of Asia Pacific Knee Braces Market by Delivery Channel
8.3.4.7.2 Rest of Asia Pacific Knee Braces Market by Product
8.3.4.7.3 Rest of Asia Pacific Knee Braces Market by Application
8.4 LAMEA Knee Braces Market
8.4.1 LAMEA Knee Braces Market by Delivery Channel
8.4.1.1 LAMEA E-commerce Market by Country
8.4.1.2 LAMEA Retail Market by Country
8.4.1.3 LAMEA Hospitals/ Orthopedic Clinics Market by Country
8.4.2 LAMEA Knee Braces Market by Product
8.4.2.1 LAMEA Functional Market by Country
8.4.2.2 LAMEA Unloader Market by Country
8.4.2.3 LAMEA Prophylactic Market by Country
8.4.2.4 LAMEA Rehabilitative Market by Country
8.4.3 LAMEA Knee Braces Market by Application
8.4.3.1 LAMEA Arthritis Market by Country
8.4.3.2 LAMEA Sports Market by Country
8.4.3.3 LAMEA Ligament Market by Country
8.4.3.4 LAMEA Others Market by Country
8.4.4 LAMEA Knee Braces Market by Country
8.4.4.1 Brazil Knee Braces Market
8.4.4.1.1 Brazil Knee Braces Market by Delivery Channel
8.4.4.1.2 Brazil Knee Braces Market by Product
8.4.4.1.3 Brazil Knee Braces Market by Application
8.4.4.2 Argentina Knee Braces Market
8.4.4.2.1 Argentina Knee Braces Market by Delivery Channel
8.4.4.2.2 Argentina Knee Braces Market by Product
8.4.4.2.3 Argentina Knee Braces Market by Application
8.4.4.3 UAE Knee Braces Market
8.4.4.3.1 UAE Knee Braces Market by Delivery Channel
8.4.4.3.2 UAE Knee Braces Market by Product
8.4.4.3.3 UAE Knee Braces Market by Application
8.4.4.4 Saudi Arabia Knee Braces Market
8.4.4.4.1 Saudi Arabia Knee Braces Market by Delivery Channel
8.4.4.4.2 Saudi Arabia Knee Braces Market by Product
8.4.4.4.3 Saudi Arabia Knee Braces Market by Application
8.4.4.5 South Africa Knee Braces Market
8.4.4.5.1 South Africa Knee Braces Market by Delivery Channel
8.4.4.5.2 South Africa Knee Braces Market by Product
8.4.4.5.3 South Africa Knee Braces Market by Application
8.4.4.6 Nigeria Knee Braces Market
8.4.4.6.1 Nigeria Knee Braces Market by Delivery Channel
8.4.4.6.2 Nigeria Knee Braces Market by Product
8.4.4.6.3 Nigeria Knee Braces Market by Application
8.4.4.7 Rest of LAMEA Knee Braces Market
8.4.4.7.1 Rest of LAMEA Knee Braces Market by Delivery Channel
8.4.4.7.2 Rest of LAMEA Knee Braces Market by Product
8.4.4.7.3 Rest of LAMEA Knee Braces Market by Application
Chapter 9. Company Profiles
9.1 Enovis Corporation (DJO Global, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 3M Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Ossur Hf. (Embla Medical hf.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Orthofix Medical, Inc. (Breg, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Mueller Sports Medicine, Inc.
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 McDavid, Inc. (EZ GARD Industries, Inc.)
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Bauerfeind AG
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Medi GmbH & Co. KG
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Ottobock SE & Co. KGaA
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Tynor Orthotics Private Limited
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Geographical Expansions:
9.10.3 SWOT Analysis
Chapter 10. Winning Imperatives of Knee Braces Market

Companies Mentioned

  • Enovis Corporation (DJO Global, Inc.)
  • 3M Company
  • Ossur Hf. (Embla Medical hf.)
  • Orthofix Medical, Inc. (Breg, Inc.)
  • Mueller Sports Medicine, Inc.
  • McDavid, Inc. (EZ GARD Industries, Inc.)
  • Bauerfeind AG
  • Medi GmbH & Co. KG
  • Ottobock SE & Co. KGaA
  • Tynor Orthotics Private Limited

Methodology

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