Rigid Knee Braces help provide stability, support, and alignment to the knee joint. They effectively reduce pain and increase mobility for patients suffering from osteoarthritis, ligament tears, and other knee injuries. Rigid knee braces immobilize and realign the joint using rigid plastic or carbon fiber shells.
Market key trends:
The rising prevalence of knee disorders such as osteoarthritis, anterior cruciate ligament tears, and meniscus tears are driving the growth of the rigid knee braces market. According to the Arthritis Foundation, osteoarthritis (OA) affects over 32.5 million adults in the US. Risk factors for knee OA include older age, obesity, previous knee injuries, and certain jobs that stress the knee joint. Rigid knee braces are widely used in knee OA treatment as they effectively offload pressure from knee joints, strengthen muscles, and align the knee for improved movement. Additionally, they find increasing usage post knee surgeries such as ACL reconstruction and meniscectomy to provide stability and aid rehabilitation. The growing geriatric population susceptible to age-related knee conditions will continue driving demand for rigid knee braces over the forecast period.
Segment Analysis
The global rigid knee braces market is segmented on the basis of type, design, application and distribution channel. Based on type, the hinged knee braces segment dominates the market as these types of braces are lightweight, durable and provide optimal stability and support to the knee joint.
Key Takeaways
Global Rigid Knee Braces Market Size is estimated to be valued at US$ 1142.1 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024-2031.
Regional Analysis
North America is expected to dominate the global rigid knee braces market during the forecast period. This is attributed to rising geriatric population, growing healthcare expenditure and increasing incidence of knee injuries in the region. According to the Centers for Disease Control and Prevention, around 660,000 people visit the emergency room for knee injuries annually in the US.
Key Players Analysis
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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