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Posted by stephen005 on August 25, 2024 at 9:22am 0 Comments 0 Likes
Global Knee Braces Market was valued at XX million USD in 2019 and is expected to reach XX million USD by 2027, at a CAGR of XX% during the forecast period.
The knee brace is very useful when the collateral ligaments are involved in the injury. The brace is going to add stability and protection; therefore confidence for the individual as they begin their return to flexible movements.
The report on the Global knee braces Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecast period from 2019 to 2027. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. Some of major key players in the global market includes Mueller Sports Medicine Inc., DJO Global LLC, ACE Brand, Tynor Orthotics Private Limited, 3M Science. The market size in terms of revenue and volume is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Global Knee Braces Market Overview
Rising prevalence of musculoskeletal diseases and increasing incidence of sports and traumatic injuries are the major factors driving the global market. Increasing technological innovations in improving and aligning fractured bone are drive the global knee braces market in terms of treatment and curation. The expansion in research & technological progression in the orthopedic sector is likely to demand these devices in the forecast period. Rising investment in the research sector by key players in the development of advantageous and minimally invasive orthopedic devices is likely to propel the knee braces market growth during the forecast period.
Recent innovations in knee braces with lightweight and comfortable design feature is another major factor driving the global market growth.
The global knee brace market is segmented into product type, application, end-user, and region.
Global Knee Braces Market, By Product Type
• Prophylactic braces
• Functional braces
• Rehabilitative braces
• Unloader braces
Global Knee Braces Market
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Large number of patients suffering from ligament related injuries use prophylactic braces, this expected to propel global market share of XX% during forecast period.
Prophylactic knee braces are designed to prevent and reduce the severity of ligamentous injuries to the knee. Prophylactic knee braces are widely used by sportsman’s especially athletes to protect the MCL (medial collateral ligament) against various knee stresses. The major application of prophylactic knee braces is to protect the knees from major injuries while providing support at the same time. The increasing number of orthopedic knee surgeries and the growing prevalence of osteoarthritis diseases makes use of prophylactic braces in treatment and cure. Hence, the prophylactic braces segment is expected to command the largest market share of XX% by 2027.
Global Knee Braces Market, By Application
• Medical Use
• Sports Use
A knee brace offers protection to the athlete's knee, delivering support and stability to heal quickly. It helps to prevent hyperextension of the knee and offers protection of the muscle joints and ligaments, to athletes who don't want to lose speed by weighing themselves down with a heavy brace. If the athlete is returning to a contact sport, such as football, a knee brace is used for protection of the knee from unwanted contact. As a result, sports use segment is expected to command the largest market share of XX% by the forecast period.
Global Knee Braces Market, By End User
• Hospitals
• Orthopedic clinics
• Others
A large number of patients preferring to visit orthopedic clinics for the treatment of arthritis and sprains rather than hospitals. The growing incidence of accidents and surgeries leading to a high rate of hospitalization is expected to boost the market growth in consideration of the orthopedic clinic's segment. Growing technological innovations in instruments used in orthopedic clinics for the treatment and curation of bone injuries are driving the global market during the forecast period.
Hospital segment is expected to command second largest market share of xx% by 2027.
The evolving role of the hospital within the healthcare system in industrialized countries and exploring on policymakers for giving good decisions are driving the global knee braces market during the forecast period. Continuously evolving healthcare infrastructure to meet changing healthcare needs and emerging technologies are resulting in a growing global market by hospital & healthcare sector. Attention towards quality assurance programs and strong arguments for creating larger hospital units to facilitate links between related specialties are helps to create favorable opportunities for the growth of the global market. The multidisciplinary professional’s teams, to ensure optimal use of expensive equipment required for knee braces operation is driving the global market during forecast period.
Scope of global knee braces market :Inquire before buying
In terms of Region, the global knee braces market is segmented by:
• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Global Knee Braces Market 1
North America is expected to command largest market share of XX% by 2027, followed by Europe.
The availability of multiple custom knee braces, exercise aids and other products in hospitals & orthopedic centers from North America helps to grow the global market in the same region. Professional offerings for non-surgical treatment options and expert diagnoses for musculoskeletal conditions such as arthritis, carpal tunnel syndrome, and osteoarthritis mostly uses knee braces for joint pain treatments.
The report also helps in understanding Global Knee Braces Market dynamics, structure by analysing the market
For More Information Visit :https://www.maximizemarketresearch.com/market-report/global-knee-br...
segments and projects the Global Knee Braces Market size.
Global Knee Braces Market, by Product Type
• Prophylactic braces
• Functional braces
• Rehabilitative braces
• Unloader braces
Global Knee Braces Market, by Application
• Medical Use
• Sports Use
Global Knee Braces Market, by End User
• Hospitals
• Orthopedic clinics
• Others
Global Knee Braces Market, by Region
• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Key Players operating in Global Knee Braces Market Include
• Mueller Sports Medicine Inc.
• DJO Global LLC
• ACE Brand
• Tynor Orthotics Private Limited
• 3M Science
• Mava Sports
• Bauerfeind AG
• Breg, Inc.
• Össur
• Colfax Corporation
• Orthofix Medical Inc.
• McDavid Inc.
• Medi GmbH & Co. KG
• Otto Bock Healthcare GmbH
• Others
This Report Is Submitted By : Maximize Market Research Company
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