Ligament Stabilizer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Ligament Stabilizer Market is segmented by Product Type (Foot and Ankle Braces and Supports, Knee Braces and Supports, Shoulder Braces and Supports, Spinal Orthoses, Wrist and Hand Braces and Supports), and Geography

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 6.5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The ligament is a tough fibrous band of connective tissue that helps to support the internal organs and hold bones together in proper articulation at the joints. Ligaments are of two major types in which white ligaments are sturdy and inelastic and yellow ligaments are rich in elastic fibers which allows elastic movement. 

Severe injuries may lead to ligament tear, for such cases ligament stabilizers are recommended for use. According to the Stanford Children's Health Report, approximately 3.5 million people with sports injuries were reported each year. According to the National Safety Council (NSC), in the year 2017, personal exercise with or without exercise equipment, accounted for approximately 526,000 injuries, basketball with about 500,000 injuries, bicycling with 457,000 injuries and football with 341,000 injuries. Rising incidences of musculoskeletal injuries and disorders among the geriatric population, rheumatoid arthritis and joint disorders, and sports injuries are the key driving factors in the ligament stabilizer market.

Scope of the Report

As per the scope of the report, Ligament is a tough fibrous band of connective tissue that helps to support the internal organs and hold bones together in proper articulation at the joints. 

By Poduct
Foot and Ankle Braces and Supports
Knee Braces and Supports
Shoulder Braces and Supports
Spinal Orthoses
Wrist and Hand Braces and Supports
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Knee Braces and Supports Segment is Expected to Hold a Major Market Share in the Ligament Stabilizer

The adoption of knee braces and supports has been growing for repairing the damaged ligaments by surgeons due to challenges facing by surgeons in performing curative surgeries. Knee Braces and Supports helps surgeons to overcome the biomedical disadvantage of multiple ligament injuries by allowing them to reconstruct the ligament effectively.

According to the Center for disease control and prevention (CDC) by the year 2045, around 78 million people will suffer from doctor-diagnosed arthritis in the United States. Increasing prevalence of rheumatoid arthritis, joint disorders, and sports injuries are the key driving factors in the ligament stabilizer market.

Arthritis.png

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America expected to hold a major market share in the global ligament stabilizer market due to a rise in the geriatric population and increasing cases of sports injuries in this region. According to the Centers for Disease Control and Prevention (CDC), in the year 2015, 15 million adults reported severe joint pain due to arthritis. 

According to the Centers for Disease Control and Prevention (CDC), by the year 2040, an estimated 26% united states adults age over 18 years are projected to have doctor-diagnosed arthritis. Moreover, the rise in the adoption of advanced technologies in the orthopedics sector and the presence of well-established healthcare facilities is fueling the growth of the overall regional market to a large extent.

Ligament Stabilizer Market.png

Competitive Landscape

The Ligament Stabilizer Market is fragmented, competitive and consists of several players. In terms of market share, local manufacturers control significant market shares in their respective geographies. Some of the companies which are currently operating in the market at the global level are Otto Bock Healthcare GmbH, Ossur hf, DJO Global, Inc, Bauerfeind AG, DeRoyal Industries Incorporations, 3M Company, THUASNE SA, Breg, Inc, BSN Medical GmbH, Medi GmbH & Co. KG.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Incidences of Knee, Shoulder and Ankle Injuries

      2. 4.2.2 Technological Advancements to the Existing Products

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Products

      2. 4.3.2 Stringent Regulatory Issues for the Approval of Products

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Poduct

      1. 5.1.1 Foot and Ankle Braces and Supports

      2. 5.1.2 Knee Braces and Supports

      3. 5.1.3 Shoulder Braces and Supports

      4. 5.1.4 Spinal Orthoses

      5. 5.1.5 Wrist and Hand Braces and Supports

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Canada

        3. 5.2.1.3 Mexico

      2. 5.2.2 Europe

        1. 5.2.2.1 Germany

        2. 5.2.2.2 United Kingdom

        3. 5.2.2.3 France

        4. 5.2.2.4 Italy

        5. 5.2.2.5 Spain

        6. 5.2.2.6 Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. 5.2.3.1 China

        2. 5.2.3.2 Japan

        3. 5.2.3.3 India

        4. 5.2.3.4 Australia

        5. 5.2.3.5 South Korea

        6. 5.2.3.6 Rest of Asia-Pacific

      4. 5.2.4 Middle-East and Africa

        1. 5.2.4.1 GCC

        2. 5.2.4.2 South Africa

        3. 5.2.4.3 Rest of Middle-East and Africa

      5. 5.2.5 South America

        1. 5.2.5.1 Brazil

        2. 5.2.5.2 Argentina

        3. 5.2.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Otto Bock Healthcare GmbH

      2. 6.1.2 Ossur hf

      3. 6.1.3 DJO Global, Inc

      4. 6.1.4 Bauerfeind AG

      5. 6.1.5 DeRoyal Industries Incorporations

      6. 6.1.6 3M Company

      7. 6.1.7 Thuasne SA

      8. 6.1.8 BSN Medical GmbH

      9. 6.1.9 Medi GmbH & Co. KG

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Ligament Stabilizer Market market is studied from 2018 - 2026.

The Ligament Stabilizer Market is growing at a CAGR of 6.5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

THUASNE SA, Ossur hf, DJO Global, Inc, Bauerfeind AG, DeRoyal Industries Incorporations are the major companies operating in Ligament Stabilizer Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!