Global Knee Braces Market 2021-2025
Technavio has been monitoring the knee braces market and it is poised to grow by $ 115.68 mn during 2021-2025 progressing at a CAGR of 4% during the forecast period. Our report on knee braces market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high incidence of meniscus injuries and medical tourism and government initiatives in orthopedics. In addition, high incidence of meniscus injuries is anticipated to boost the growth of the market as well.
The knee braces market analysis includes end-user segment, type segment and geographical landscapes.
Technavio's knee braces market is segmented as below:
- By End-user
- Hospitals and diagnostic centers
- Orthopedic clinics
- By Type
- Functional knee braces
- Prophylactic knee braces
- Unloader knee braces
- Rehabilitative knee braces
- By Geography
- North America
This study identifies the growing incidence of road accidents as one of the prime reasons driving the knee braces market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on knee braces market covers the following areas:
- Knee braces market sizing
- Knee braces market forecast
- Knee braces market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading knee braces market vendors that include 3M Co., Colfax Corp., DeRoyal Industries Inc., Essity Aktiebolag (publ), Fillauer LLC, medi GmbH & Co. KG, Mueller Sports Medicine Inc., Orthofix Medical Inc., Ossur hf., and REH4MAT Slawomir Wronski. Also, the knee braces market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.