Global Knee Braces Market – Analysis and Forecast (2018-2024)
The global knee braces market was valued at USD 1.6 billion in 2018. The market is growing at a significant rate, due to the increasing occurrence of orthopedic diseases and disorders and expanding the geriatric population. Different types such as functional knee braces, prophylactic knee braces, unloader knee braces, and rehabilitative knee braces contributed to the knee braces market size. The market has witnessed continuous demand for functional knee braces in the coming years due to enhance knee stability and function offered by functional knee braces. Download Free Report Sample At: https://www.vynzresearch.com/healthcare/knee-braces-market/request-sample The mounting occurrence of orthopedic knee disease and disorders such as osteoarthritis, escalating number of sports-related injuries and accident-related injuries, and expanding geriatric population are the primary growth drivers for the knee braces market. For instance, according to the World Population Ageing by United Nations in 2015, the number of people aged 65 years or older is expected to grow from approximately 901 million in 2015 to nearly 1.4 billion in 2050, with the maximum increase in the developing countries. The escalating number of orthopedic knees surgeries related with injuries such as sprained medial knee ligament, posterior cruciate ligament rupture, anterior cruciate ligament rupture, and patella tendonitis abundant product affordability, increasing alertness regarding the preventive support system, and increasing healthcare expenditure are also facilitating the growth for the knee braces market. Geographically, North America is the largest knee braces market as in the region, owing to the increasing prevalence of orthopedic knee disorder and diseases such as osteoarthritis and meniscal injuries. In addition, growing geriatric population, and increasing healthcare expenditure are also up surging the growth of the North American knee brace market. Asia-Pacific is observed to witness the fastest growth in the market, due to the growing geriatric population, and the increasing occurrence of orthopedic knee diseases and disorders. In addition, the mounting number of orthopedic surgical procedures, escalating awareness of preventive care, and increasing healthcare expenditure are also creating a positive impact on the knee braces market growth in the region. Read More: https://www.vynzresearch.com/healthcare/knee-braces-market Key players in the knee braces market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In February 2019, Breg, Inc., launched Breg Quantum OA, a next-generation knee brace for mild to severe osteoarthritis. In addition, in January 2019, Leatt Corporation launched Z-Frame knee brace, for active unloading in a sleek and intuitive design. Some of the key players operating in the global knee braces market are Breg, Inc., 3M Co, Mueller Sports Medicine Inc., REH4MAT Slawomir Wronski, Leatt Corporation, DeRoyal Industries Inc., Orthofix Holdings Inc., and medi GmbH & Co. KG. About VynZ Research VynZ Research is a global market intelligence company providing research reports, industry intelligence and business advisory services to companies and institutions across the globe. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. Contact Manager: Client Care Toll-Free: 18882533960 Email: kundan@vynzresearch.com Website: www.vynzresearch.com
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