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Knee Braces Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

Knee Braces Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

Published: Jan 2021 120 Pages SKU: IRTNTR70040

Market Overview at a Glance

$115.68 Mn
Market Opportunity
4.33%
CAGR
YoY growth 2019-2020(%)

The knee braces market size has the potential to grow by $ 115.68 mn during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (Hospitals and diagnostic centers, Orthopedic clinics, and Others), type (Functional knee braces, Prophylactic knee braces, Unloader knee braces, and Rehabilitative knee braces), and geography (North America, Europe, Asia, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M Co., Colfax Corp., DeRoyal Industries Inc., Essity Aktiebolag (publ), Fillauer LLC, medi GmbH & Co. KG, Mueller Sports Medicine Inc., Orthofix Medical Inc., Ossur hf., and REH4MAT Slawomir Wronski.

Market Overview

Knee-Braces-Market-Market-Size-2020-2025

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Market Competitive Analysis

The knee braces market is fragmented. 3M Co., Colfax Corp., DeRoyal Industries Inc., Essity Aktiebolag (publ), Fillauer LLC, medi GmbH & Co. KG, Mueller Sports Medicine Inc., Orthofix Medical Inc., Ossur hf., and REH4MAT Slawomir Wronski are some of the major market participants. Factors such as high incidence of meniscus injuries will offer immense growth opportunities. However, high cost of knee braces may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this knee braces market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this knee braces market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • 3M Co.
  • Colfax Corp.
  • DeRoyal Industries Inc.
  • Essity Aktiebolag (publ)
  • Fillauer LLC
  • medi GmbH & Co. KG
  • Mueller Sports Medicine Inc.
  • Orthofix Medical Inc.
  • Ossur hf.
  • REH4MAT Slawomir Wronski

Knee Braces Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 115.68 million

Market structure

Fragmented

YoY growth (%)

2.84

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 38%

Key consumer countries

US, Japan, Germany, China, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Colfax Corp., DeRoyal Industries Inc., Essity Aktiebolag (publ), Fillauer LLC, medi GmbH & Co. KG, Mueller Sports Medicine Inc., Orthofix Medical Inc., Ossur hf., and REH4MAT Slawomir Wronski

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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Knee Braces Market: Segmentation by Geography

Knee-Braces-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The growing incidence of road accidents will significantly influence knee braces market's growth in this region.

38% of the market’s growth will originate from North America during the forecast period. US | Japan | Germany | China | Canada are the key markets for knee braces market  in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the knee braces market size.

Knee Braces Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive knee braces market growth during the next five years
  • Precise estimation of the knee braces market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the knee braces market industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of knee braces market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Hospitals and diagnostic centers - Market size and forecast 2020-2025
    • Orthopedic clinics - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Functional knee braces - Market size and forecast 2020-2025
    • Prophylactic knee braces - Market size and forecast 2020-2025
    • Unloader knee braces - Market size and forecast 2020-2025
    • Rehabilitative knee braces - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • Asia - Market size and forecast 2020-2025
      • ROW - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 3M Co.
      • Colfax Corp.
      • DeRoyal Industries Inc.
      • Essity Aktiebolag (publ)
      • Fillauer LLC
      • medi GmbH & Co. KG
      • Mueller Sports Medicine Inc.
      • Orthofix Medical Inc.
      • Ossur hf.
      • REH4MAT Slawomir Wronski

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Methodology

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

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      Frequently Asked Questions

      Knee Braces market growth will increase by 115.68 million during 2020-2025 .

      The Knee Braces market is expected to grow at a CAGR of 4.33% during 2020-2025 .

      Knee Braces market is segmented by End user( Hospitals and diagnostic centers, Orthopedic clinics, Others) Type( Functional knee braces, Prophylactic knee braces, Unloader knee braces, Rehabilitative knee braces) Geographic( North America, Europe, Asia, ROW)

      3M Co., Colfax Corp., DeRoyal Industries Inc., Essity Aktiebolag (publ), Fillauer LLC, medi GmbH & Co. KG, Mueller Sports Medicine Inc., Orthofix Medical Inc., Ossur hf., REH4MAT Slawomir Wronski are a few of the key vendors in the Knee Braces market.

      North America will register the highest growth rate of 37.87% among the other regions. Therefore, the Knee Braces market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

      US, Japan, Germany, China, Canada

      • High incidence of meniscus injuries is the driving factor this market.

      The Knee Braces market vendors should focus on grabbing business opportunities from the Hospitals and diagnostic centers segment as it accounted for the largest market share in the base year.