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Posted On: 03/29/2020 3:33:29 PM
Post# of 8491
Insights of Knee Braces Market
"The global knee braces market size was estimated at USD 1.5 billion in 2018 and is expected to witness a CAGR of 4.3% during the forecast period."
"The industry is marked by the presence of various small and large industry players. The market is highly fragmented and competitive in nature . Some of the key market players include Breg, Inc., Colflax , Bauerfeind AG , Otto Bock Healthcare GmbH, Ossur Corporate etc. Ossur ranked amongst top five participants in the overall bracing and supports market and accounted for around 6-8% of market share. Colfax Corporation ranked first after acquiring the market leader DJO global in February 2019."
"The players are constantly involved in strategic initiatives such as, new product launch, technological advancements, regional expansion and mergers and acquisitions in order to gain deeper penetration . For instance, in January 2019 Leatt Corporation launched new Z- frame knee braces for contact sports. In February 2019,Breg, Inc. launchedBreg Quantum OA for mild to severe osteoarthritis in order to address the need for pain management in arthritic patients ."
"The market players are investing in R&D to develop new cost-effective and comfortable products."
https://www.packagingnews24.com/knee-braces-m...ntil-2030/
Colfax DJO, Bauerfeind, and Ossur have all been mentioned in BIEL executive's Tweets. Given the competitive nature of this industry I would not be surprised if several Orthopedic companies have chosen to enhance their Knee Devices with ActiPatch.
"The global knee braces market size was estimated at USD 1.5 billion in 2018 and is expected to witness a CAGR of 4.3% during the forecast period."
"The industry is marked by the presence of various small and large industry players. The market is highly fragmented and competitive in nature . Some of the key market players include Breg, Inc., Colflax , Bauerfeind AG , Otto Bock Healthcare GmbH, Ossur Corporate etc. Ossur ranked amongst top five participants in the overall bracing and supports market and accounted for around 6-8% of market share. Colfax Corporation ranked first after acquiring the market leader DJO global in February 2019."
"The players are constantly involved in strategic initiatives such as, new product launch, technological advancements, regional expansion and mergers and acquisitions in order to gain deeper penetration . For instance, in January 2019 Leatt Corporation launched new Z- frame knee braces for contact sports. In February 2019,Breg, Inc. launchedBreg Quantum OA for mild to severe osteoarthritis in order to address the need for pain management in arthritic patients ."
"The market players are investing in R&D to develop new cost-effective and comfortable products."
https://www.packagingnews24.com/knee-braces-m...ntil-2030/
Colfax DJO, Bauerfeind, and Ossur have all been mentioned in BIEL executive's Tweets. Given the competitive nature of this industry I would not be surprised if several Orthopedic companies have chosen to enhance their Knee Devices with ActiPatch.
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