Global Knee Braces Market Size & Outlook, 2024-2030
The knee braces industry worldwide is expected to reach a projected revenue of US$ 1,852.7 million by 2030. A compound annual growth rate of 7.7% is expected of the worldwide knee braces industry from 2025 to 2030.
Revenue, 2024 (US$M)
$1,189.7
Forecast, 2030 (US$M)
$1,852.7
CAGR, 2025 - 2030
7.7%
Report Coverage
Worldwide
Global knee braces market, 2018-2030 (US$M)
Global knee braces market highlights
- The global knee braces market generated a revenue of USD 1,120.1 million in 2023 and is expected to reach USD 1,845.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
- In terms of segment, prophylactic accounted for a revenue of USD 1,120.1 million in 2023.
- Prophylactic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,120.1 million |
| Market revenue in 2030 | USD 1,845.7 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Prophylactic |
| Fastest growing segment | Prophylactic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prophylactic |
Other key industry trends
- In terms of revenue, the North America accounted for 33.7% of the global knee braces market in 2023.
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Knee Braces Market Scope
Knee braces market segmentation & scope
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Norway
Denmark
Sweden
China
Japan
India
Australia
South Korea
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Knee Braces Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global knee braces market size, by regions, 2018-2030 (US$M)
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