Latin America Knee Braces Market Size, Share, Growth, Trends, and Industry Analysis: By Type, By application/ use, By End User and Country Forecast 2020-2031
Latin America Knee Braces Market size was valued at US$ 106.1 million in 2024 and is expected to reach US$ 170.4 by 2031, growing at a significant CAGR of 9% from 2025-2031. Knee braces refer to the medical aids that are used to support the painful or injured knee. Knee braces are also used to prevent injuries during the sports. There are different kind of knee braces based on their functionality. Prophylactic knee braces are used to prevent the injuries, functional knee braces are used as support for injured knees, rehabilitative braces are used to prevent harmful movements of knee and fasten the healing after injury or surgery and patellofemoral knee braces helps kneecap move smoothly over the knee joint. Usually, braces available in different sizes and shapes are made up of combination of metal, plastic, foam, straps and elastic material.
Latin America knee bracers market is driven by the rising disease burden of bone disorders such as osteoarthritis and osteoporosis. Furthermore, growth in health awareness related to healthy life maintenance led to the rise in usage of knee braces to prevent injuries during the sport. In addition, well established healthcare infrastructure and online distribution of knee braces by the companies led to ease in purchasing of products. This factor also positively impact the growth of market during the forecast period. However, decrease in prices of knee braces and lack of supported clinical studies expected to hamper the market over the forecast period.
Latin America knee braces market is divided into Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. Brazil knee braces market is expected to grow at significant growth rate owing to increase in number of accidents and bone diseases such as osteoarthritis and osteoporosis that leads to bone weakening and pain. According to World Health Organization (WHO), “Global Status Report on Road Safety 2013â€Â, estimates that more than 43,800 people are killed in road accidents every year in Brazil. Mexico knee braces market is expected to have notable growth over the forecast period owing to the increase in aging population and people with obesity who are susceptible to the bone disorders such as osteoporosis and osteoarthritis. Furthermore, new product launches and growing government expenditure on health projected to boost the market over the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Market Size in 2024 |
US$ 106.1 million |
|
By Type |
|
|
By Application |
|
|
By End User |
|
Download Free Sample Report
The Latin America knee braces market size was valued at US$ 106.1 million in 2024 and is expected to reach US$ 170.4 by 2031, growing at a significant CAGR of 9% from 2025-2031.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1.Executive Summary |
| 2.Latin America Knee Braces Market Introduction |
| 2.1.Latin America Knee Braces Market - Taxonomy |
| 2.2. Latin America Knee Braces Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Application |
| 3. Latin America Knee Braces Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Latin America Knee Braces Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Latin America Knee Braces Market By Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Prophylactic Knee Braces |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Rehabilitative Knee Braces |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Patellofemoral Knee Braces |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Functional Knee Braces |
| 5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Latin America Knee Braces Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Medical Use |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Sports Use |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Latin America Knee Braces Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Orthopaedic Clinics |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.Medical Use |
| 8.2.Sports Use |
| 9. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.Hospitals |
| 9.2.Orthopaedic Clinics |
| 9.3.Others |
| 10. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1. Medical Use |
| 11.2. Sports Use |
| 12. Competition Landscape |
| 12.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 12.2.1.Becker Orthopedic (U.S.) |
| 12.2.2.3M Company (U.S.) |
| 12.2.3.Chase Ergo Inc. (U.S.) |
| 12.2.4.BSN Medical GmbH (Germany) |
| 12.2.5.Dicarre Llc (U.S) |
| 12.2.6.Corflex Inc. (U.S.) |
| 12.2.7.Medi Gmbh & Co. Kg (Germany) |
| 12.2.8.Pelican Manufacturing(Australia) |
| 12.2.9.Össur (Iceland) |
| 12.2.10.Remington Products Company (Spectrum Brands Holdings, Inc.) (U.S.) |
| 12.2.11.Reh4Mat (Poland) |
| 12.2.12.Zimmer Biomet Holdings Inc. (U.S.) |
| 12.2.12.United Ortho (U.S.) |
| 12.2.14.DJO Latin America Inc. (U.S.) |
| 12.2.15.Spring Loaded Technology Inc. (Canada) |
| 13. Research Methodology |
| 14. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
Download Sample
