Global Knee Braces Market 2019-2023

The global knee braces market will grow at a CAGR of 4% during 2018-2023, and the market size will increase by USD 100.76 million during 2019-2023. The market’s growth momentum is expected to accelerate throughout the forecast period.
To identify growth opportunities in the knee braces market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. Asia and North America will grow faster than the overall market. The growth of Europe and ROW will be slower than the global market.
Some of the key findings from our knee braces market forecast report are summarized below
Knee Braces Market
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Functional knee braces, prophylactic knee braces, unloader knee braces, and rehabilitative knee braces are the different types of knee braces currently available in the market. Functional knee braces were the most popular knee braces in 2018, and this segment’s position will remain unchanged throughout the forecast period. During 2019-2023, the growth rate of functional knee braces and prophylactic knee braces segments will be faster than the global market growth.
The market is fragmented, and the degree of fragmentation is expected to remain the same till 2023. The accelerating growth will provide immense growth opportunities to market participants. To make the most of the opportunities, knee braces companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
This market report provides a detailed analysis of the medical knee braces market by type (functional knee braces, prophylactic knee braces, unloader knee braces, and rehabilitative knee braces), end-users (hospitals, orthopedic clinics, and others), and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M Co., DeRoyal Industries Inc., medi GmbH & Co. KG, Mueller Sports Medicine Inc., Orthofix Holdings Inc., and REH4MAT Sławomir Wroński.

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