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Asia Pacific 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

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    Report

  • 149 Pages
  • April 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 4987629
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.

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.

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

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)
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Knee Braces Market, by Delivery Channel
1.4.2 Asia Pacific Knee Braces Market, by Product
1.4.3 Asia Pacific Knee Braces Market, by Application
1.4.4 Asia Pacific Knee Braces Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Knee Braces Market
Chapter 5. Asia Pacific Knee Braces Market by Delivery Channel
5.1 Asia Pacific E-commerce Market by Country
5.2 Asia Pacific Retail Market by Country
5.3 Asia Pacific Hospitals/ Orthopedic Clinics Market by Country
Chapter 6. Asia Pacific Knee Braces Market by Product
6.1 Asia Pacific Functional Market by Country
6.2 Asia Pacific Unloader Market by Country
6.3 Asia Pacific Prophylactic Market by Country
6.4 Asia Pacific Rehabilitative Market by Country
Chapter 7. Asia Pacific Knee Braces Market by Application
7.1 Asia Pacific Arthritis Market by Country
7.2 Asia Pacific Sports Market by Country
7.3 Asia Pacific Ligament Market by Country
7.4 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Knee Braces Market by Country
8.1 China Knee Braces Market
8.1.1 China Knee Braces Market by Delivery Channel
8.1.2 China Knee Braces Market by Product
8.1.3 China Knee Braces Market by Application
8.2 Japan Knee Braces Market
8.2.1 Japan Knee Braces Market by Delivery Channel
8.2.2 Japan Knee Braces Market by Product
8.2.3 Japan Knee Braces Market by Application
8.3 India Knee Braces Market
8.3.1 India Knee Braces Market by Delivery Channel
8.3.2 India Knee Braces Market by Product
8.3.3 India Knee Braces Market by Application
8.4 South Korea Knee Braces Market
8.4.1 South Korea Knee Braces Market by Delivery Channel
8.4.2 South Korea Knee Braces Market by Product
8.4.3 South Korea Knee Braces Market by Application
8.5 Singapore Knee Braces Market
8.5.1 Singapore Knee Braces Market by Delivery Channel
8.5.2 Singapore Knee Braces Market by Product
8.5.3 Singapore Knee Braces Market by Application
8.6 Malaysia Knee Braces Market
8.6.1 Malaysia Knee Braces Market by Delivery Channel
8.6.2 Malaysia Knee Braces Market by Product
8.6.3 Malaysia Knee Braces Market by Application
8.7 Rest of Asia Pacific Knee Braces Market
8.7.1 Rest of Asia Pacific Knee Braces Market by Delivery Channel
8.7.2 Rest of Asia Pacific Knee Braces Market by Product
8.7.3 Rest of Asia Pacific Knee Braces Market by Application
Chapter 9. Company Profiles
9.1 Enovis Corporation (DJO Global, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 3M Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Ossur Hf. (Embla Medical hf.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Orthofix Medical, Inc. (Breg, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Mueller Sports Medicine, Inc.
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 McDavid, Inc. (EZ GARD Industries, Inc.)
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Bauerfeind AG
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Medi GmbH & Co. KG
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Ottobock SE & Co. KGaA
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Tynor Orthotics Private Limited
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Geographical Expansions:
9.10.3 SWOT Analysis

Companies Mentioned

  • 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

Methodology

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