Market Overview:
The global knee ligament bracing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of sports injuries, growing awareness about knee ligament bracing, and technological advancements in the field of knee ligament bracing. The global knee ligament bracing market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into internal support and external support. Internal support dominates the global knee ligament bracing market owing to its high efficacy in providing stability to knees and preventing injuries. Other applications include preventionof joint contracture, sports injury prevention, and others (such as post-operative rehabilitation).
Product Definition:
Knee ligament bracing is the use of a brace to support the knee ligaments. This can be done after an injury to help stabilize the knee or to prevent an injury from happening. The importance of knee ligament bracing is that it can help keep the knee stable and reduce the risk of further injury.
Internal Support:
Internal support is a term used to define the degree of rigid structures that are placed within the knee joint. There are two types of internal supports, namely soft and hard. The choice between these depends on various factors such as surface area, material type, cost and stability desired in motion. Internal supports can be categorized into three main groups; bone-like (hard), ligament-like (soft) and artificial/composite like (artificial).
External Support:
External support and it's usage in knee ligament bracing market is a method of supporting or stabilizing the knee to prevent or reduce joint instability. It can be used as an alternative to surgical procedures such as arthroscopy, osteotomy, and synostosis. External support can be categorized into two types: non-weight bearing and weight-bearing braces.
Application Insights:
The other application segment accounted for the largest share in 2017 and is anticipated to continue its dominance over the forecast period. The growing number of knee ligament injuries during sports and daily activities has led to an increased demand for these products, especially among athletes. As a result, this segment is expected to grow at a lucrative rate over the next seven years.
The joint repair application segment is also projected to witness significant growth during the forecast period owing to rising incidence of total knee arthroplasty procedures across various regions including North America and Europe due largely in part by increasing life expectancy coupled with rising obesity levels among adults & elderly people which are highly prone towards developing osteoarthritis (OA).
Regional Analysis:
North America dominated the global knee ligament brace market in 2017. The presence of well-developed healthcare infrastructure, favorable government initiatives, and high awareness levels regarding sports injuries are some of the major factors responsible for its large share. Moreover, increasing cases of osteoarthritis and rheumatoid arthritis have led to an increase in demand for orthopedic products such as knee ligaments braces in this region. According to a study published by National Center for Health Statistics (NCHS), from 2013 to 2016, about 11% population aged 18 years or more was suffering from rheumatoid arthritis or osteoarthritis conditions each year.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing consumer awareness regarding available treatment options especially after surgery procedures.
Growth Factors:
- Increasing incidence of knee ligament injuries: The increasing incidence of knee ligament injuries is one of the key growth drivers for the global knee ligament bracing market. Knee ligaments are one of the most commonly injured body parts, and account for a significant number of sports-related injuries. According to a study by The American Journal of Sports Medicine, an estimated 1.8 million people in the U.S. suffer from sports-related ACL tears every year, which is likely to drive demand for knee ligament braces in the country over the forecast period.
- Growing awareness about benefits offered by knee braces: There is growing awareness among consumers about the benefits offered by knee braces, which is expected to fuel demand for these devices over the forecast period. Knee braces offer protection against various types of injuries and help improve joint stability, which leads to better functional performance and reduced risk of further injury episodes in athletes as well as non-athletes alike. This is likely to boost demand for these devices in both developed and developing countries across globe over next few years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Knee Ligament Bracing Market Research Report
By Type
Internal Support, External Support
By Application
Shape Correction, Joint Repair, Prevent Joint Contracture, Sports Injury Prevention, Other
By Companies
DonJoy, McDavid, Beznoska, Stryker, Össur, EgiFix, Novamed, Ltd, Medacta, Exactech, Surgival, Zimmer and Biomet, DeRoyal Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Knee Ligament Bracing Market Report Segments:
The global Knee Ligament Bracing market is segmented on the basis of:
Types
Internal Support, External Support
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shape Correction, Joint Repair, Prevent Joint Contracture, Sports Injury Prevention, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DonJoy
- McDavid
- Beznoska
- Stryker
- Össur
- EgiFix
- Novamed, Ltd
- Medacta
- Exactech
- Surgival
- Zimmer and Biomet
- DeRoyal Inc.
Highlights of The Knee Ligament Bracing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Internal Support
- External Support
- By Application:
- Shape Correction
- Joint Repair
- Prevent Joint Contracture
- Sports Injury Prevention
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Knee Ligament Bracing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Knee ligament bracing is a surgical procedure that uses metal or plastic implants to support the knee joint. The goal of this surgery is to help prevent or reduce the amount of pain and inflammation in the knee joint.
Some of the major companies in the knee ligament bracing market are DonJoy, McDavid, Beznoska, Stryker, –ssur, EgiFix, Novamed, Ltd, Medacta, Exactech, Surgival, Zimmer and Biomet, DeRoyal Inc..
The knee ligament bracing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Knee Ligament Bracing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Knee Ligament Bracing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Knee Ligament Bracing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Knee Ligament Bracing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Knee Ligament Bracing Market Size & Forecast, 2020-2028
4.5.1 Knee Ligament Bracing Market Size and Y-o-Y Growth
4.5.2 Knee Ligament Bracing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Internal Support
5.2.2 External Support
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Shape Correction
6.2.2 Joint Repair
6.2.3 Prevent Joint Contracture
6.2.4 Sports Injury Prevention
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Knee Ligament Bracing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Knee Ligament Bracing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Internal Support
9.6.2 External Support
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Shape Correction
9.10.2 Joint Repair
9.10.3 Prevent Joint Contracture
9.10.4 Sports Injury Prevention
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Internal Support
10.6.2 External Support
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Shape Correction
10.10.2 Joint Repair
10.10.3 Prevent Joint Contracture
10.10.4 Sports Injury Prevention
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Internal Support
11.6.2 External Support
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Shape Correction
11.10.2 Joint Repair
11.10.3 Prevent Joint Contracture
11.10.4 Sports Injury Prevention
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Internal Support
12.6.2 External Support
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Shape Correction
12.10.2 Joint Repair
12.10.3 Prevent Joint Contracture
12.10.4 Sports Injury Prevention
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Internal Support
13.6.2 External Support
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Shape Correction
13.10.2 Joint Repair
13.10.3 Prevent Joint Contracture
13.10.4 Sports Injury Prevention
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Knee Ligament Bracing Market: Competitive Dashboard
14.2 Global Knee Ligament Bracing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DonJoy
14.3.2 McDavid
14.3.3 Beznoska
14.3.4 Stryker
14.3.5 Össur
14.3.6 EgiFix
14.3.7 Novamed, Ltd
14.3.8 Medacta
14.3.9 Exactech
14.3.10 Surgival
14.3.11 Zimmer and Biomet
14.3.12 DeRoyal Inc.
