July 2, 2024

Rigid Knee Braces Market Trends Toward Preventative Care and Performance Enhancement

The rigid knee braces market plays a key role in helping active individuals prevent injury and enhance performance. Rigid knee braces utilize advanced materials to provide rigid support and maximize stability for the knee joint during activities like sports, exercise, and physical labor.

The Global Rigid Knee Braces Market is estimated to be valued at US$ 1142.1 million in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.

Rigid knee braces provide a stable force to keep the knee securely in place during movements like bending, lifting, and side-to-side motion. They are made of lightweight yet durable materials like thermoplastics and composite materials for all-day wear. Rigid knee braces are increasingly being used proactively by sportspeople, athletes, laborers, and seniors to prevent injury from overuse, falls, or joint instability. For athletes, rigid knee braces can improve performance by enhancing proprioception and power delivery around the knee joint. The growing health consciousness and active lifestyles have fueled demand for preventative products in the rigid knee braces market.

Key Takeaways

Key Players
Key players operating in the Rigid Knee Braces Market Growth are Mueller Sports Medicine, Inc., DJO Global, LLC, ACE Brand, Tynor Orthotics Private Limited, 3M Science, Mava Sports, Bauerfeind AG, Breg, Inc., Ossur, Thuasne USA, Zimmer Biomet, Kao Chen Enterprise Co., Ltd, Össur, Orthosys, Bauerfeind USA Inc., Orliman S.L.U., Steeper Inc., Beagle Orthopedic, Essity Medical Solutions, Bird & Cronin, LLC, Ottobock, Trulife, DeRoyal Industries, Inc., and Remington Medical Equipment.

Growing Demand
The demand for rigid knee braces is growing due to the increasing risk of knee injuries among athletes and laborers. Moreover, rising health awareness is pushing more active adults to adopt preventative products like rigid knee braces.

Global Expansion
Leading rigid knee brace manufacturers are focusing on expanding into emerging markets through partnerships and acquisitions. Recent geopolitical changes are also driving more manufacturing to nearshore destinations, improving supply chain reliability globally.

Market Key Trends

A major trend gaining popularity in the rigid knee braces market is the integration of digital technologies. Some advanced braces now come equipped with sensors to track biomechanical data and provide real-time feedback to the user. This allows for more precise injury prevention, treatment monitoring, and performance optimization. The use of 3D printing is another emerging trend enabling customized rigid knee brace designs tailored to each patient’s unique anatomy. These innovations are expected to transform the rigid knee braces market in coming years.

Porter’s Analysis

Threat of new entrants: Low, due to strong branding of existing brands, high R&D costs and intellectual property protection.
Bargaining power of buyers: Moderate, buyers have sufficient options but brands have strong brand loyalty.
Bargaining power of suppliers: Moderate, raw material suppliers have stability due to specialized inputs but brands can source from multiple suppliers.
Threat of new substitutes: Low, due to lack of direct substitutes and specialization required for manufacturing.
Competitive rivalry: High, intense competition among existing brands to gain market share through innovation, performance and marketing.

Geographical Regions

North America is currently the largest market for rigid knee braces, accounting for over 40% of the global market value in 2024, owing to the high incidence of knee injuries from sports and rising health awareness.
Asia Pacific region is poised to grow at the fastest pace during the forecast.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it.