Unloader Knee Braces Market - By Product Type (Custom-fit Knee Braces, Standard Knee Braces), By Application (Osteoarthritis, Ligament Injuries), By End-use (Hospitals, Orthopedic Clinics) & Forecast, 2023 - 2032
The global unloader knee braces market will exhibit 5.2% CAGR over 2023-2032.
The increasing incidence of knee osteoarthritis and related conditions drives demand for these braces as non-surgical treatment options. According to the Bone Health and Osteoporosis Foundation, over 10 million Americans suffer from osteoporosis with an additional 44 million having a low bone density. An aging population will also contribute to market growth as age is a significant risk factor for knee problems.
Advancements in brace design and materials improve comfort and efficacy, which will boost the adoption rates of knee braces. Growing emphasis on physical activity and sports participation fuels the need for knee support which is expected to aid in market progress. Rising awareness about knee health and the benefits of unloader knee braces among both patients and healthcare professionals will further fuel industry expansion.
The market is segregated based on product type, application, end-use, and region.
Based on product type, the custom-fit knee braces segment will reflect 6% CAGR from 2023 to 2032. The personalized and precise fit offered by custom-fit knee braces and advancements in 3D scanning technology will drive growth in the segment. Growing awareness of the benefits of custom-fit braces in addressing knee conditions is further anticipated to drive sales of these braces during the analysis period.
Based on application, the ligament injuries segment will grow with a 6% CAGR over 2023-2032. A surge in sports-related injuries and improved brace technology for ligament support will drive growth in the segment. Rising preference for non-surgical treatment options will also augment growth in the segment.
Based on end-use, the hospital segment will exhibit a 5% CAGR during the analysis period. The availability of advanced medical equipment and the rising adoption of non-invasive treatment options will augment the use of knee braces in hospital settings.
Regionally, Europe will exhibit a 4.9% CAGR over the period of 2023-2032, due an aging population prone to knee issues and a high prevalence of osteoarthritis in the region. Advancements in orthopedic technology, and a strong healthcare infrastructure will boost the adoption of knee braces as non-surgical treatment options, which will lead to expansion of the regional market.