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Unloader Knee Braces Market Size
- Report ID: GMI6224
- Published Date: Jul 2023
- Report Format: PDF
Unloader Knee Braces Market Size
Unloader Knee Braces Market size was valued at around USD 347.8 million in 2022 and is anticipated to grow at a CAGR of 5.2% between 2023 and 2032. Participation in sports and fitness activities has been on the rise globally. However, these activities also pose a risk of knee injuries. Unloader knee braces provide support, stability, and protection to individuals engaging in sports and physical activities, fueling their demand among athletes, sports enthusiasts, and active individuals. Additionally, the rising prevalence of knee conditions, such as osteoarthritis, meniscus tears, and ligament injuries, is a significant driver for the unloader knee braces industry
As the global population ages and becomes more susceptible to these conditions, the demand for non-invasive treatment options like unloader knee braces increases. Further, other factors such as increasing aging population, technological advancements in brace design, growing awareness and preference for non-surgical treatment are contributing to increase in product demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Unloader Knee Braces Market Size in 2022: | USD 347.8 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.2% |
| 2032 Value Projection: | USD 577.1 Million |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 190 |
| Tables, Charts & Figures: | 359 |
| Segments covered: | Product Type, Application, End-use and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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An unloader knee brace is a type of knee orthosis or support device designed to alleviate pain and reduce the load on the affected knee joint, particularly in individuals with conditions such as osteoarthritis, meniscus tears, or ligament injuries. The primary function of an unloader knee brace is to shift the load or pressure away from the damaged or affected area of the knee joint, thus providing relief, and promoting better mobility.
Unloader knee braces can be relatively expensive, especially custom-built options. The high product cost may limit their accessibility and adoption, particularly for individuals without adequate insurance coverage or financial resources. Lack of awareness among healthcare professionals and patients about the benefits and availability of unloader knee braces can hinder market growth. Additionally, in some healthcare systems, reimbursement policies may not fully cover the cost of unloader knee braces or may have stringent eligibility criteria. Limited or no reimbursement options can be a barrier for patients who require these braces but cannot afford them, thereby impacting unloader knee braces market share.
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Unloader Knee Braces Market Scope
