Knee Braces Market Size

Knee Braces Market Size

The global knee braces market was valued at around USD 929.9 million in 2023 and is expected to reach around USD 1.5 billion by 2032 at a CAGR of 5.3% during the forecast period. The growing prevalence of osteoarthritis, increasing target population, and the launch of affordable, easy-to-wear braces are driving market growth.

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Additionally, the rise in sports-related injuries further supports this trend. According to Stanford Children's Health, 3.5 million children under 14 suffer sports injuries annually, with knee injuries accounting for 9%. The increase in sports participation, particularly among children, has led to a fivefold rise in ACL injuries, fueling demand for preventive and functional knee braces.
 

Chronic conditions such as obesity, diabetes, and heart disease exacerbate osteoarthritis, increasing the need for knee braces. The CDC reports that 27.7% of arthritis patients are obese, 33.7% are diabetic, and 36.4% have heart conditions. The market responds with personalized braces for arthritis sufferers. Rising awareness of osteoarthritis pain, alongside support from agencies like Medicare and Medicaid, which reimburse up to 80% for knee braces, boosts product adoption.
 

With the WHO identifying osteoarthritis as a major global health issue and the post-operative complications of Total Knee Replacement (TKR) surgeries leading patients to opt for braces, the market is expected to grow significantly in the coming years.
 

A knee brace is a medical device designed to provide support, stability, and protection to the knee joint. It is commonly used to prevent injuries during physical activities, aid in the recovery process after an injury or surgery and manage chronic conditions like osteoarthritis. Knee braces come in various forms, including functional, prophylactic, and rehabilitative types, offering compression, alignment, and control of knee movement to alleviate pain and enhance mobility.