Unloader Knee Braces Market Analysis

Unloader Knee Braces Market Analysis

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Based on product type, the unloader knee braces market is bifurcated into custom-fit knee braces and standard knee braces. The standard knee braces segment accounted for majority revenue share and was valued at over USD 242.1 million in 2022. The increased demand for standard knee braces can be attributed to several factors including over-the-counter availability, affordability, convenience, and ease of use among others. Standard knee braces are often more affordable compared to custom-built braces. This makes them a more accessible option for individuals who require basic support or protection for their knees without the need for customization. Standard knee braces are typically designed for easy use, require minimal adjustments, user-friendly and do not require professional fitting or complex customization processes. This convenience appeals to individuals who prefer a straightforward and hassle-free solution for their knee support needs.
 

Based on application, the unloader knee braces market is segmented into osteoarthritis, ligament injuries, and others. The osteoarthritis segment held a dominating revenue share in 2022 and is anticipated to reach over USD 456 million by 2032. Osteoarthritis is commonly associated with aging, and as the global population continues to age, the prevalence of osteoarthritis is increasing. Older adults are more susceptible to developing osteoarthritis due to wear and tear on the joints over time. This demographic shift drives the demand for knee braces as a non-surgical treatment option to manage osteoarthritis symptoms. Therefore, the rising prevalence of osteoarthritis, coupled with the preference for non-invasive and conservative treatment options, is driving the market growth for knee braces.
 

Based on end-use, the unloader knee braces market is segmented into orthopedic clinics, hospitals, and others. The orthopedic clinics segment held a significant revenue share in 2022 and is anticipated to witness higher growth with a 5.7% CAGR during the forecast timeline. Orthopedic clinics specialize in the diagnosis and treatment of musculoskeletal conditions, including knee-related issues such as osteoarthritis, ligament injuries, and meniscus tears. These clinics have trained orthopedic specialists who assess patients, diagnose their conditions, and recommend appropriate treatment options, including the use of knee braces. Overall, orthopedic clinics play a vital role in diagnosing, treating, and managing knee conditions, including the prescription and fitting of unloader knee braces. Their expertise, patient education, follow-up care, collaboration with manufacturers, and involvement in research and clinical trials contribute to increased adoption and growth of the unloader knee braces industry.
 

North America unloader knee braces market was valued at over USD 139 million in 2022. The region has a relatively high prevalence of knee conditions such as osteoarthritis, ligament injuries, and meniscus tears. These conditions contribute to the demand for unloader knee braces as a non-invasive treatment option, hence driving the market trends. North America has a significant aging population, and advancing age is a risk factor for knee-related issues. As the population ages, the incidence of knee conditions increases, leading to a higher demand for knee braces. Moreover, well-established healthcare infrastructure, strong presence of orthopedic device manufacturers, high disposable income and emphasis on non-invasive treatment are other factors that are further supporting the market growth. Hence, rising disease prone population would drive the regional revenue share positively.