The Asia Pacific Knee Braces Market would witness market growth of 5.3% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 4,509.5 thousand units, showcasing a growth of 6.3% (2020-2023).
Hospitals and orthopedic clinics play a pivotal role in the Market as key distribution channels and centers for patient care. These institutions serve as critical points of access for individuals seeking diagnosis, treatment, and management of knee-related conditions and injuries. Orthopedic specialists and healthcare professionals within hospitals and clinics often prescribe these braces as part of comprehensive treatment plans for patients recovering from injuries, undergoing rehabilitation, or managing chronic conditions such as osteoarthritis. Therefore, the China market consumed 325.7 thousand units in Hospitals and orthopedic clinics in 2023.
The China market dominated the Asia Pacific Knee Braces Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $211 million by 2031. The Japan market is registering a CAGR of 4.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6% during (2024 - 2031).
These braces are utilized for pain management in individuals with various knee conditions, such as osteoarthritis, patellofemoral pain syndrome, and tendonitis. Braces can help alleviate pain, reduce inflammation, and improve functional outcomes by providing compression and support to the knee joint. Patients with chronic knee pain often find relief through knee braces, allowing them to engage in daily activities with greater comfort and mobility.
Likewise, these braces can be used for postural correction and alignment issues, particularly in patients with malalignment or gait abnormalities. Braces are designed to address alignment issues, such as patellar tracking braces, helping realign the bones and tissues of the knee joint, improving overall posture and biomechanical efficiency. Postural correction braces are commonly prescribed for individuals with conditions like patellar malalignment, genu valgum (knock knees), or genu varum (bow legs).
India is experiencing demographic changes, including an aging population, an increase in sedentary lifestyles, and obesity rates. These elements contribute to the increased prevalence of osteoarthritis, especially in weight-bearing joints like the hips and knees. According to the International Journal of Health Sciences and Research, osteoarthritis is the country’s most prevalent musculoskeletal disease. India has a higher worldwide proliferative osteoarthritis (OA) rate, and the prevalence of knee osteoarthritis in India is 22-39%. Hence, the growing elderly population and rising prevalence of osteoarthritis in the region drive the market’s growth.
Free Valuable Insights: The Global Knee Braces Market is Predict to reach USD 2.6 Billion by 2031, at a CAGR of 4.6%
Based on Delivery Channel, the market is segmented into E-commerce, Retail, and Hospitals/ Orthopedic Clinics. Based on Product, the market is segmented into Functional, Unloader, Prophylactic, and Rehabilitative. Based on Application, the market is segmented into Arthritis, Sports, Ligament, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Delivery Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
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