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Rigid Knee Braces Market Will Grow At Highest Pace Owing To Increasing Incidence Of Knee Injuries5/30/2024 The rigid knee braces market consists of medical devices used to support the knee joint and provide stability in case of ligament tears, injuries or arthritis. Rigid knee braces are made of stiff materials like thermoplastic that limit knee movement and prevent hyperextension or hyperflexion of the knee. They are widely used for acute knee injuries like anterior cruciate ligament (ACL) or posterior cruciate ligament (PCL) tears to avoid further damage and aid rehabilitation. With rising participation in sports and physical activities, incidence of knee injuries has increased significantly. According to statistics, over 250,000 ACL reconstruction surgeries are performed annually in the US. Rising popularity of contact sports and work-related physical exertion are major drivers of knee injuries. Moreover, increasing geriatric population prone to osteoarthritis and other age-related knee ailments is further boosting the demand for rigid knee braces for pain management and mobility support.
The Global Rigid Knee Braces Market is estimated to be valued at US$ 1142.1 million in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031. 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. Rising number of sports injuries and joint disorders is fueling the demand for Rigid Knee Braces Market Analysis. Technological advancements are allowing manufacturers to integrate 3D printing, composite materials and electronics to develop lightweight, therapeutic and monitored knee braces for performance enhancement and rehabilitation. Market Trends Customization is emerging as a key trend in the rigid knee braces market. 3D body scanning and printing technologies enable detailed mapping of patients' joints and precise production of custom-fitted braces for optimal support and comfort. Smart integrated rigid knee braces equipped with sensors to track motion and force are also gaining traction. Real-time data on range of motion, impact and loads can help therapists monitor recovery and customize treatment plans. Telehealth is enabling remote prescription, fit assessment and therapy management for rigid knee braces via digital platforms. This is improving access and convenience for users while reducing costs for both providers and insurers. Market Opportunities Growing popularity of sports in developing economies is opening lucrative opportunities. Markets like India, China, Brazil and Mexico offer high untapped potential owing to expanding middle class, health spending and participation in sports and athletics. Rising geriatric population and increased incidence of arthritis in the Asia Pacific region present a strong customer base. Partnerships between global players and local medical device companies can facilitate technology transfer and local manufacturing to address unique rehab needs. Adoption of hybrid rigid braces combining compression, stability and active motion assistance functionalities can revolutionize joint injury management and physical therapy. Impact of COVID-19 on the Rigid Knee Braces Market The COVID-19 pandemic has impacted the growth of the rigid knee braces market. During the lockdowns imposed worldwide to control the spread of the virus, demand for rigid knee braces declined significantly. Various hospitals and clinics shifted their focus towards treating COVID-19 patients instead of routine orthopedic treatments. This led to postponement of surgeries and decline in referrals for knee braces. In addition, people avoided visiting hospitals and clinics for their non-critical orthopedic needs due to fear of exposure to the virus. However, post lockdowns the market is recovering gradually as hospitals resume normal operations. With rise in vaccination rates, patient visits to orthopedic clinics are increasing. This is driving the demand for rigid knee braces to manage post-operative knee pain and injuries. Manufacturers are developing new product lines targeted towards sports related injuries and occupational needs to boost sales. They are focusing on innovation, investing in R&D and using advanced materials to develop more comfortable and customizable braces. Teleconsultation is gaining popularity for prescription and fitment of rigid knee braces, avoiding hospital visits. The market is expected to reach pre-COVID levels in the coming years supported by increasing elderly population and rising incidence of knee injuries. Geographical Concentration of the Rigid Knee Braces Market North America holds the largest share of the global rigid knee braces market in terms of value. This is attributed to growing elderly population, rising healthcare expenditure, increasing incidence of orthopedic disorders and sports injuries in the region. The demand for technologically advanced braces for post-operative rehabilitation, prevention of injuries and pain management is high among sports enthusiasts and aging population in the United States and Canada. Asia Pacific is poised to be the fastest growing market during the forecast period. Rapid urbanization, large patient pool, improving access to healthcare facilities and rising healthcare spending are major factors fueling market growth in Asia Pacific countries like China and India. In addition, growing participation in sports and physical activities along with rising medical tourism are supporting the rigid knee braces market expansion in the Asia Pacific region. Get more insights on Rigid Knee Braces Market
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