Global Rigid
Knee Braces Market, By Type (Prophylactic Braces, Functional Braces,
Rehabilitative Braces, and Unloader Braces), By Application (Arthritis, Tendonitis, Knee Ligament Injury,
Athletic Activity, and Others), By End User (Hospitals and Clinics, Orthopedic
Centers, and Rehabilitation Centers), and By Region (North America, Latin
America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be
valued at US$ 836.6 million in 2020 and
is expected to exhibit a CAGR of 4.2% over the forecast period (2020-2027), as
highlighted in a new report published by Coherent Market Insights.
The rapidly evolving COVID-19
pandemic at global level is impacting the rigid knee braces market negatively.
As the hospital outpatient-based wound care departments have been placed in the
non-essential group by many hospitals are facing a difficult situation for the
patients with arthritis.
Key players are focused on
development and launch of new knee braces in the market, which is expected to
contribute significantly to the global rigid knee braces market growth. For
instance, in January 2019, Leatt Corporation, a leading developer and marketer
of protective equipment and ancillary products for a wide variety of sports,
especially extreme high-velocity sports, launched a new Z-Frame knee brace. It
was engineered to help reduce knee forces and limit knee injuries, and is CE
certified as both a medical and impact protection device.
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Furthermore, in February 2019,
Breg, Inc. launched Breg Quantum OA, a next-generation knee brace for mild to
severe osteoarthritis.
Moreover, in November, 2019, Otto
Bock Healthcare launched Agilium Vantage, a low-profile, wraparound knee brace.
This brace is designed for providing lasting pain relief for patients with mild
unicompartmental osteoarthritis (OA).
In June 2018, Ossur introduced
Össur Formfit Pro line of 3D compressive knit solutions. This line provides
knit solutions for ankle, wrist, knee, elbow, etc. The Pro line was designed
for people suffering from different types of musculoskeletal ailments and
conditions.
Browse 34 Market Data Tables and
34 Figures spread through 181 Pages and in-depth TOC on Global Rigid Knee
Braces Market, By Type (Prophylactic Braces, Functional Braces, Rehabilitative
Braces, and Unloader Braces), By Application
(Arthritis, Tendonitis, Knee Ligament Injury, Athletic Activity, and
Others), By End User (Hospitals and Clinics, Orthopedic Centers, and
Rehabilitation Centers), and By Region (North America, Latin America, Europe,
Asia Pacific, Middle East, and Africa) - Forecast to 2027"
Increasing promotional activities
by key product manufacturers, escalating sales of online products, and rising
number of clinical studies on knee braces over ACDF surgeries provide growth
opportunities for the global rigid knee braces market.
Browse Research
Report: https://www.coherentmarketinsights.com/market-insight/rigid-knee-braces-market-3934
Key Takeaways of the Global Rigid
Knee Braces Market:
The global rigid knee braces
market is expected to exhibit a CAGR of 4.2% over the forecast period
(2020-2027), owing to increasing product launches
Among type, the prophylactic
braces segment is expected to hold a major revenue share in 2027. Prophylactic
knee braces are designed to prevent or reduce the severity of knee injuries.
Major players operating in the
global rigid knee braces market include Mueller Sports Medicine, Inc., DJO
Global, LLC, (Donjoy), ACE Brand, Tynor Orthotics Private Limited, 3M Science,
Mava Sports, Bauerfeind AG, Breg, Inc., and Ossur
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report: https://www.coherentmarketinsights.com/insight/buy-now/3934
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