Ligament Stabilizer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Ligament Stabilizer Market Analysis
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.
Ligament Stabilizer Market Trends
This section covers the major market trends shaping the Ligament Stabilizer Market according to our research experts:
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.
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 Industry Overview
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.
Ligament Stabilizer Market Leaders
THUASNE SA
Ossur hf
DJO Global, Inc
Bauerfeind AG
DeRoyal Industries Incorporations
*Disclaimer: Major Players sorted in no particular order
Ligament Stabilizer Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Incidences of Knee, Shoulder and Ankle Injuries
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4.2.2 Technological Advancements to the Existing Products
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4.3 Market Restraints
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4.3.1 High Cost of Products
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4.3.2 Stringent Regulatory Issues for the Approval of Products
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Poduct
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5.1.1 Foot and Ankle Braces and Supports
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5.1.2 Knee Braces and Supports
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5.1.3 Shoulder Braces and Supports
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5.1.4 Spinal Orthoses
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5.1.5 Wrist and Hand Braces and Supports
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.2 Europe
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5.2.2.1 Germany
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5.2.2.2 United Kingdom
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5.2.2.3 France
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5.2.2.4 Italy
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5.2.2.5 Spain
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5.2.2.6 Rest of Europe
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5.2.3 Asia-Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 India
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5.2.3.4 Australia
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5.2.3.5 South Korea
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5.2.3.6 Rest of Asia-Pacific
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5.2.4 Middle-East and Africa
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5.2.4.1 GCC
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5.2.4.2 South Africa
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5.2.4.3 Rest of Middle-East and Africa
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5.2.5 South America
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5.2.5.1 Brazil
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5.2.5.2 Argentina
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5.2.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Otto Bock Healthcare GmbH
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6.1.2 Ossur hf
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6.1.3 DJO Global, Inc
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6.1.4 Bauerfeind AG
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6.1.5 DeRoyal Industries Incorporations
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6.1.6 3M Company
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6.1.7 Thuasne SA
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6.1.8 BSN Medical GmbH
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6.1.9 Medi GmbH & Co. KG
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Ligament Stabilizer Industry Segmentation
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 | ||||||||
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Ligament Stabilizer Market Research FAQs
What is the current Ligament Stabilizer Market size?
The Ligament Stabilizer Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Ligament Stabilizer Market?
THUASNE SA, Ossur hf, DJO Global, Inc, Bauerfeind AG and DeRoyal Industries Incorporations are the major companies operating in the Ligament Stabilizer Market.
Which is the fastest growing region in Ligament Stabilizer Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Ligament Stabilizer Market?
In 2024, the North America accounts for the largest market share in Ligament Stabilizer Market.
What years does this Ligament Stabilizer Market cover?
The report covers the Ligament Stabilizer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ligament Stabilizer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Ligament Stabilizer Industry Report
Statistics for the 2024 Ligament Stabilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ligament Stabilizer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
