Knee Orthosis Market Insights Video

According to Cognitive Market Research, the global Knee Orthosismarket size is USD 1958.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 783.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 587.58 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 450.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 97.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
• Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 39.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
• The adult segment dominates due to the high prevalence of knee-related issues in this population. Adults are more susceptible to conditions such as arthritis, ligament injuries, and other degenerative diseases that necessitate the use of knee orthotics for pain management and mobility support.