North America Knee Braces Market

North America Knee Braces Market Size, Share & Trends Analysis Report By Delivery Channel (E-commerce, Retail, and Hospitals/ Orthopedic Clinics), By Product (Functional, Unloader, Prophylactic, and Rehabilitative), By Application, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-21814 Publication Date: April-2024 Number of Pages: 132
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Market Report Description

The North America Knee Braces Market would witness market growth of 3.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 4,496.0 thousand units, showcasing a growth of 4.9% (2020-2023).

In the Market, the emergence and expansion of e-commerce have revolutionized how consumers access and purchase knee braces. E-commerce platforms offer a convenient and efficient way for individuals to explore a wide range of these braces from various brands, compare features, read reviews, and make informed purchasing decisions from the comfort of their homes. Online retailers specializing in medical supplies and orthopedic devices provide a diverse selection of these braces, catering to different needs, preferences, and budgetary constraints. Therefore, the US market consumed 1,844.9 thousand units by E-commerce in the market in 2023.

North America Knee Braces Market

The US market dominated the North America Knee Braces Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $600.8 million by 2031. The Canada market is experiencing a CAGR of 6.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.3% during (2024 - 2031).

Innovative knee braces incorporate thermal and cryotherapy elements to provide localized heat or cold therapy to the knee joint. These braces have integrated gel packs, cooling inserts, or heating pads that regulate therapeutic temperature to minimize inflammation, ease pain, and encourage tissue repair. Thermal and cryotherapy knee braces offer convenient, non-invasive adjunctive treatments for acute injuries, post-operative recovery, and chronic knee conditions.

Recent developments have focused on enhancing comfort, functionality, and therapeutic outcomes through innovative designs and technologies. For example, Össur, a company from Iceland, introduced the Unloader® FIT knee brace, featuring 3D scanning technology for custom-fit design. This innovative brace utilizes lightweight materials and dynamic force straps to reduce pain and improve function in patients with knee osteoarthritis. Similarly, DonJoy, a company from the United States, introduced the X-Act ROM® Post-Op Knee Brace, featuring a lightweight aluminum frame and adjustable range of motion settings. The X-Act ROM brace provides post-operative knee support while allowing controlled movement during rehabilitation.

A higher prevalence of knee osteoarthritis in Mexico means a larger population needs support and pain management solutions. As per the National Library for Medicine, the prevalence of symptomatic/radiographic knee osteoarthritis was 7.1% in people over 18 years of age in Mexico and 17.6% among those over 40 years of age. The increasing prevalence of symptomatic and radiographic knee osteoarthritis in Mexico significantly impacts the market in the country. As more individuals are diagnosed with knee osteoarthritis, there is a corresponding rise in the demand for these braces. Therefore, the increasing prevalence of arthritis and knee osteoarthritis in the region is driving the market’s growth.

Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.

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List of Key Companies Profiled

  • Enovis Corporation (DJO Global, Inc.)
  • 3M Company
  • Ossur Hf. (Embla Medical hf.)
  • Orthofix Medical, Inc. (Breg, Inc.)
  • Mueller Sports Medicine, Inc.
  • McDavid, Inc. (EZ GARD Industries, Inc.)
  • Bauerfeind AG
  • Medi GmbH & Co. KG
  • Ottobock SE & Co. KGaA
  • Tynor Orthotics Private Limited

North America Knee Braces Market Report Segmentation

By Delivery Channel (Volume, Thousand Units, USD Billion, 2020-2031)

  • E-commerce
  • Retail
  • Hospitals/ Orthopedic Clinics

By Product (Volume, Thousand Units, USD Billion, 2020-2031)

  • Functional
  • Unloader
  • Prophylactic
  • Rehabilitative

By Application (Volume, Thousand Units, USD Billion, 2020-2031)

  • Arthritis
  • Sports
  • Ligament
  • Others

By Country (Volume, Thousand Units, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America
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