Global Knee Braces Market was Valued at USD 1.6 billion in 2018, Observing a CAGR of 4.4% during 2019–2024: VynZ Research

Industry Insights by Type (Functional Knee Braces, Prophylactic Knee Braces, Unloader Knee Braces, Rehabilitative Knee Braces), by Application (Ligament Injury, Preventive Care, Post-operative Rehabilitation, Osteoarthritis, Compression Therapy), By End User (Hospitals and Surgical Centers, Orthopedic Clinics, Others)

New York, New York, UNITED STATES


NEW YORK, Dec. 19, 2019 (GLOBE NEWSWIRE) -- The global knee braces market was valued at USD 1.6 billion in 2018 and is expected to grow at a CAGR of 4.4% during the forecast period. Globally, key players in the knee braces market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In February 2019, Breg, Inc., launched Breg Quantum OA, a next-generation knee brace for mild to severe osteoarthritis. In addition, in January 2019, Leatt Corporation launched Z-Frame knee brace, for active unloading in a sleek and intuitive design.

The market is growing at a significant rate, due to the increasing occurrence of orthopedic diseases and disorders and expanding the geriatric population. Different types such as functional knee braces, prophylactic knee braces, unloader knee braces, and rehabilitative knee braces contributed to the knee braces market size.  

Get a free copy of sample report: https://www.vynzresearch.com/healthcare/knee-braces-market/request-sample

Hospitals and surgical centers category held largest share in the knee braces market in 2018

On the basis of end-user, the global knee braces market is categorized into hospitals and surgical centers, orthopedic clinics, and others. Of all the end-users, the hospitals and surgical centers accounted for a foremost share in the knee braces market, owing to the increasing number of orthopedic knee surgical procedures that require post-operative surgical rehabilitation.

Explore key industry insights in 51 tables and 35 figures from the 106 pages of report, “Global Knee Braces Market Analysis and Forecast to 2024 - Insights by Type (Functional Knee Braces, Prophylactic Knee Braces, Unloader Knee Braces, Rehabilitative Knee Braces), by Application (Ligament Injury, Preventive Care, Post-operative Rehabilitation, Osteoarthritis, Compression Therapy), By End User (Hospitals and Surgical Centers, Orthopedic Clinics, Others)

Geography Insight

Geographically, North America is the largest knee braces market as in the region, owing to the increasing prevalence of orthopedic knee disorder and diseases such as osteoarthritis and meniscal injuries. In addition, growing geriatric population, and increasing healthcare expenditure are also up surging the growth of the North American knee brace market.

Competitive Insight

Some of the key players operating in the global knee braces market are Breg, Inc., 3M Co, Mueller Sports Medicine Inc., REH4MAT Sławomir Wroński, Leatt Corporation, DeRoyal Industries Inc., Orthofix Holdings Inc., and medi GmbH & Co. KG.

Do you have any specific research requirement? Ask for customization: https://www.vynzresearch.com/healthcare/knee-braces-market/customize-report

Key Takeaway from the Report:

  • Among all the type, functional knee braces and prophylactic knee braces segment is expected to grow at the fastest rate in the market.
  • Among all the application, the ligament injury accounted foremost share in the knee braces market in 2018.
  • Among all the end users, the hospitals and surgical centers accounted for a foremost share in the knee braces market in 2018.

The Report Offers:

  • Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

Benefits of Report Purchase from VynZ:

Detailed Research

We provide accurate data and in-depth analysis with all-inclusive coverage.

Robust Research Methodology

Robust research methodology and data triangulation to ensure high quality report.

Analyst Support

24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.

Sales Support

24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.

Free Customization

20% post purchase free customization to meet your requirements.

Customer Satisfaction

We claim full customer satisfaction as our core values lie in building long term relationship.

Security

High level of data security and confidentiality of your information.

The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). The report segments the global knee braces market on the basis of type, application, end user, and region.

Global Knee Braces Market Coverage

Type Insight and Forecast 2014-2024

  • Functional Knee Braces
  • Prophylactic Knee Braces
  • Unloader Knee Braces
  • Rehabilitative Knee Braces

Application Insight and Forecast 2014-2024

  • Ligament Injury
  • Preventive Care
  • Post-operative Rehabilitation
  • Osteoarthritis
  • Compression Therapy

End User Insight and Forecast 2014-2024

  • Hospitals and Surgical Centers
  • Orthopedic Clinics
  • Others

Geographical Segmentation

Knee Braces Market by Region

North America

  • By Type
  • By Application
  • By End User
  • By Country – U.S., Canada, and Mexico             

Europe

  • By Type
  • By Application
  • By End User
  • By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Application
  • By End User
  • By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Application
  • By End User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

More from VynZ Research:

Global Biobanking Market Analysis and Forecast to 2024

The global biobanking market was valued at USD 23,253.6 million in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period. Several offerings such as consumables and equipment, majorly contribute to the biobanking market size. Increasing the prevalence of chronic diseases, increasing demand for value-based care, increasing investment for genomic research, increasing awareness, robust pipeline for cell therapy are leading to the growth of the market.

Explore more at: https://www.vynzresearch.com/healthcare/biobanking-market

Global Embolotherapy Market Analysis and Forecast to 2024

The global embolotherapy market was valued at USD 3,200.0 million in 2018. The market is growing significantly due to the extensive incidences of liver cancer, uterine fibroids, vascular diseases, strokes along with technological progressions being undertaken in this market. Furthermore, increasing preference pertaining to nominally invasive processes and excessive funds, grants and investments availed to key players by public-private enterprises for research are another factors that are bolstering the growth of global embolotherapy market at a significant rate.

Explore more at: https://www.vynzresearch.com/healthcare/embolotherapy-market

Global Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market Analysis and Forecast to 2024

The global anti-aging and skin rejuvenation energy-based aesthetic devices market was valued at USD 890.0 million in 2018. The major factors driving the growth of the market are extensive popularity of home used energy based aesthetic devices along with extensive inclination amongst users for improving their physical appearance. With the utilisation of slightly invasive technology energy-based aesthetics are used for treatment of body and skin defects.

Explore more at: https://www.vynzresearch.com/healthcare/anti-aging-skin-rejuvenation-energy-based-aesthetic-devices-market

About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.

Contact Us:

VynZ Research

Call: +91-996-028-8381

Toll Free (U.S. and Canada): +1-888-253-3960

Email: enquiry@vynzresearch.com

Web: https://www.vynzresearch.com

Connect with Us: LinkedIn | Facebook | Twitter