About Knee Orthosis (KO)
Knee Orthosis (KO) also known as a knee bandage, knee brace, knee sleeve or knee strap is a device which is worn over the knees to reduce knee pain. This device can also be used in other treatments like exercise or non-steroidal anti-inflammatory medications. Knee orthosis is designed to allow ROM adjustment in graduating increments, as desired. A postoperative knee orthosis is commonly used after a knee arthroplasty.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Knee Orthosis (KO) is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Knee Orthosis (KO) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Orthotics and Prosthetics Labs (United States), DJO Global (United States), Thusane USA (United States), Ossur (Iceland), Ascend (United States), Capstone Orthopedic (United States), Otto Bock (Germany), Sandpuppy (India), Aspen Orthopedic Specialists (United States) and PROTEOR (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Breg Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Knee Orthosis (KO) market by Type (Range Of Motion Knee Brace (ROM), Patella Stabilizer, KAFO (Knee Ankle Foot Orthosis), Stance Orthosis, Unloader Knee Brace and Stabilizing Ligament Knee Brace), Application (Ligament Damage, Instability, Multiple Sclerosis, Cerebral Vascular Accident (CVA)/Stroke, Meniscal/Cartilage Damage, Osteoarthritis and Other) and Region.
On the basis of geography, the market of Knee Orthosis (KO) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Knee Orthosis (KO) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Heavy Progress In Orthopedic Industry Lead Demand Of Knee Orthosis (KO) and Development Of Dynamic Posterior Cruciate Ligament (PCL) Knee Braces
Market Growth Drivers:
Rising Demand in Geriatric Population, Increasing Demand in Knee Arthroplasty, Rising Demand in Degenerative joint Diseases and Surge in Demand in Sports and Gym Related Issue
Challenges:
Lack of Providing Proper Relief to the Knee Pain and Low Penetration in Rural Region
Restraints:
Fluctuation In Price Of Raw Materials, Discomfort While Wearing Knee Orthosis and Cases Of Skin Irritation And Swelling Associated With Knee Orthosis
Opportunities:
Growing Healthcare And Medical Infrastructure and Increasing Sales Of Orthosis In E-Commerce Platform
On 22 September 2021, Össur, a global leader in the orthotics and prosthetics (O&P) industry with a rich history of ground-breaking clinical innovations has launched, the REBOUND® ACL brace, which has been designed to help patients recovering from anterior cruciate ligament (ACL) injury. and On 1 June 2020, DJO a leading global provider of medical technologies to get and keep people moving, introduces the new DonJoy X-ROM Post-Op Knee Brace. Featuring DonJoy’s most advanced range of motion (ROM) protection and improved user-friendly design for faster, easier application and adjustment, the X-ROM™ brace helps patients recover from ACL repair and other knee surgeries with improved confidence, comfort and stability.
Key Target Audience
Knee Orthosis (KO) Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.