Ligament Stabilizers Market
Ligament Stabilizers Market Analysis By Injury Type (Grade 1, Grade 2, Grade 3), By Product (Knee Braces & Supports, Foot & Ankle Braces & Supports, Shoulder Braces & Supports, Spinal Orthoses, Wrist & Hand Braces & Supports), By End User & By Region - Global Market Insights 2023-2033
Analysis of Ligament Stabilizers Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ligament Stabilizers Market Outlook (2023-2033)
The global ligament stabilizers market is valued at US$ 2.66 billion in 2023. Worldwide sales of ligament stabilizers are expected to increase at a CAGR of 5% and reach a market valuation of US$ 4.33 billion by the end of 2033.
Based on injury type, ligament stabilizers are segmented into grade 1, grade 2, and grade 3. Global sales of ligament stabilizers for grade 1 and 2 types of injuries are predicted to increase at CAGRs of 5.5% and 5%, respectively, during the next 10 years. Grade 1 type of injury is referred to as mild strain in the ligaments. Grade 1 type of injury can be explained as where less than 5% of muscle fibres are mildly damaged, resulting in a modest loss of strength and range of motion.
A muscular strain is characterised by acute pain that worsens when the muscle is contracted, swelling & bruising, loss of strength, and restricted range of motion. When a muscle is initially wounded, there is substantial swelling and inflammation that people frequently describe as feeling like they have been 'stabbed'. After this phase of inflammation, the muscle starts to mend by growing new muscle fibres from stem cells that are present around the site of the damage. But where the muscle was hurt, a large quantity of scar tissue also develops.
This scar tissue changes with time, but the muscular tissue never entirely recovers. It is believed that this increases the risk of further injury in a strained muscle. Thus, such aspects are boosting the sales of ligament stabilizers.
Usually, a physical examination and patient history are necessary to determine the stage of the injury. But in grade 3 situations, where the muscle has torn, the inspecting doctor easily detects the abnormality by seeing with the naked eye. To check out fractures or displacements as the source of pain, an X-ray may be useful. X-rays help to check, the tendon's attachment point, which can occasionally pull a portion of bone away in young athletes.
Pure muscle injuries, however, cannot be observed on standard X-rays. Finding the site of the damage and whether or not there has been a complete rupture can sometimes be done with the use of an MRI. Hematomas, which can occasionally form after serious traumas, can also be shown on MRIs.
A strong, fibrous band of connective tissue called a ligament holds bones together so they may articulate properly at joints and supports internal organs. There are two main categories of ligaments: white ligaments, which are strong, inelastic, and yellow ligaments, and are abundant in elastic fibres and permit elastic movement. It is advised to use ligament stabilizers in circumstances when severe injuries could result in ligament tears.
- The Stanford Children's Health Report estimates that 3.5 million sports-related injuries are recorded annually.
The main drivers propelling the growth of the ligament stabilizer market are the increasing rate of musculoskeletal injuries and illnesses among the elderly population, and growing rheumatoid arthritis, joint problems, and sports injuries.
Market Size (2023E)
US$ 2.66 Billion
Forecasted Market Value (2033F)
US$ 4.33 Billion
Global Market Growth Rate (2023-2033)
China Market Growth Rate (2023-2033)
Japan Market Growth Rate (2023-2033)
Germany Market Growth Rate (2023-2033)
Key Companies Profiled
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How are Sales of Ligament Stabilizers Evolving across the World?
“Rising Prevalence of Arthritis & Joint Disorders”
Demand for ligament stabilizers is increasing as a result of the rising incidences of arthritis and joint problems, the growing rate of the ageing population, and increasing cases of knee injuries. The ligament stabilizers market is growing healthily as a result of rising awareness of joint problems and the incidence of diseases including rheumatoid arthritis and osteoarthritis.
Growing patient knowledge of the usage of collateral ligament stabilizer devices and rising healthcare spending in developing nations offer market participants potential growth opportunities. Sales of the collateral ligament stabilizer systems are also driven by awareness of the clinical advantages of ligament stabilizers.
“Increasing Cases of Foot & Ankle Injuries”
Foot and ankle gadgets are used to treat a variety of foot and ankle injuries caused by ailments including diabetic foot, bunions, hammertoes, arthritis, and other orthopaedic disorders. A foot that has been amputated, congenitally malformed, or lost due to trauma or another incident can also be replaced using these medical devices.
The category of foot and ankle devices includes tools for ligament reconstruction and restoration such as joint replacement, arthroplasty, and internal fixation.
- According to data recently released by the International Osteoporosis Foundation, 1 in 3 women and 1 in 5 men over 50 may experience an osteoporotic fracture at some point in their lifetime.
“Growing Number of Orthopedic Surgeries”
Incorrect lifting practices can result in scoliosis, bulging or ruptured discs, and foot and back pain from tension. As a result, there is a growing need for back, foot, and ankle supports. Increasing incidence of foot-related problems is boosting demand for orthopedic leg braces and other devices around the world, which is good news for the orthopedic braces and supports the market as a whole.
The global OTC orthopedic braces market is being driven by factors such as an increasing prevalence of bone degenerative diseases, the rising demand for orthopedic braces among the older population, reasonably priced product costs, accessibility of orthopedic braces, and the rising number of orthopedic surgeries.
“Rising Cases of Road & Sports Injuries”
Co-morbidities between obesity and diabetes are on the rise, which puts more people at risk for degenerative joint diseases, especially as they age. Such elements are increasing the demand for ligament stabilizers and other joint reconstruction devices.
Sports- and fitness-related injuries are increasing as more young individuals are engaging in these activities. Global demand for joint implants is rising as a result. Increasing road accidents and sporting activities are also boosting sales of ligament stabilizer devices. The most common injury worldwide is an ankle sprain.
The use of implantable medical devices, technological advancements in foot and ankle braces including robot-assisted surgical instruments, and the rising usage of orthopedic implants to treat musculoskeletal, orthopedic disorders, and other injuries all contribute to the sales growth.
What Can Slow Down Demand for Ligament Stabilizers?
“High Costs Associated with Surgical Treatment of Ligaments”
The demand for ligament stabilizers is growing as a result of several technological developments and product advancements. On the other hand, sales growth may be hampered by the high cost of surgical treatments.
Additionally, orthopedic practices among different healthcare professionals in underdeveloped countries are not well understood, which had a detrimental impact on the industry.
Furthermore, the dearth of trained orthopedic specialists and a lack of knowledge about knee replacement procedures in several emerging nations would limit the demand for ligament stabilizers in the coming years. However, a lack of consumer awareness of the usage of ligament stabilizers may also limit the market growth.
Why are Sales of Ligament Stabilizers High in the United States?
“Presence of Key Players and Increasing Cases of Sport-related Injuries & Arthritis”
The United States is currently holding a dominating position in the North American market and this can be attributed to the rising rate of the senior population and growing cases of sports-related injuries.
- The most common disability in the U.S. is arthritis, according to the Arthritis Foundation.
- By 2040, 78 million people are anticipated to get an arthritis diagnosis.
Furthermore, the region's market is expanding due to improvements in product technology and increasing healthcare spending. The huge target patient population, the prominence of device manufacturers in the region, and the availability of sizeable R&D funding to promote ligament stabilizer research are all factors contributing to sales growth.
Why is the Market for Ligament Stabilizers Expanding Rapidly in Asia Pacific?
“Rapidly Advancing Healthcare Facilities”
China, Japan, India, and South Korea are some of the dominating markets in the Asia Pacific region. In China, the demand for ligament stabilizer systems is anticipated to expand at a healthy pace. Due to significant technological improvements in the healthcare industry, China has the second-highest demand for ligament stabilizers.
Additionally, the burden of joint problems is growing significantly as the rate of the senior population is increasing rapidly, creating substantial growth potential for the ligament stabilizer market. Demand for ligament stabilizers in China is expected to increase at a CAGR of 5% during the forecast period.
The market for ligament stabilizers has great growth potential in Japan due to the significant developments and potential for integrating machine learning and artificial intelligence to benefit patients and healthcare professionals. Also, the demand is benefitting from increasing R&D activities in ligament stabilizers. Sales of ligament stabilizers in Japan are expected to expand at a CAGR of 5% from 2023 to 2033.
- Ankle sprains are the most prevalent injuries, and accident rates during games are greater than those during practices, according to a January 2022 article titled "Descriptive Epidemiology of Injuries in Japanese Collegiate Men's Basketball: 2013/2014 to 2019/2020". In descending order of severity, other frequent conditions were hamstring strains, internal knee dislocations, lower back injuries, and thigh contusions.
As a result, ligament stabilizer device demand is high in Japan due to the prevalence of sports injuries.
Will Demand for Ligament Stabilizers Remain High in Europe?
“Rising Prevalence of Anterior Cruciate Ligament Injuries”
The U.K., France, Germany, and Italy are major national markets in the European region. Sales of ligament stabilizer devices in Germany are predicted to progress at a CAGR of 4% during the next 10 years.
Europe is the hub for sports activities, from ground sports such as football to recreational activities such as fishing and boating. Anterior cruciate ligament (ACL) tears are serious injuries for many athletes, necessitating extensive recovery periods and time away from the field of play.
- One of the most frequent sports medicine operations in Europe each year is anterior cruciate ligament (ACL) reconstruction. In the UK, it affects roughly 1 in 3000 persons.
Men who participate in contact ball sports and women who ski downhill are more likely to sustain anterior cruciate ligament (ACL) injuries. Women experience this ailment three times as frequently as men do overall. This results from the different anatomy of the two genders as well as the fact that women are typically more flexible than males (on average).
Additionally, it is more common in persons who are less fit or who have not properly prepared for their sport. Thus, all the factors are boosting the sales of ligament stabilizers in the European region.
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Which Product Type Will Exhibit High Demand in the Future?
“Knee Braces & Supports to Remain Dominant Ligament Stabilizer Devices”
The use of knee braces and supports for treating injured ligaments is rising, due to the difficulties, surgeons have been facing while performing curative procedures. By enabling efficient ligament reconstruction devices, knee braces and supports are helping surgeons in overcoming the biological disadvantage of numerous ligament injuries.
- Around 78 million Americans will experience arthritis which is been officially diagnosed by a doctor by 2045, according to the Centers for Disease Control and Prevention (CDC).
Thus, the rising cases of rheumatoid arthritis, joint problems, and sports injuries are boosting the sales of knee braces and supports.
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Demand for ligament stabilizers is increasing as a result of the growing cases of ligament impairments and the demand for quicker and more effective treatment of knee injuries. Numerous domestic and foreign medical device producers are drawn to this industry due to the rising demand.
Some of the key manufacturers of ligament stabilizers are 3M Company, Bauerfeind AG, BREG, Inc., BSN Medical GmbH, DeRoyal Industries, Inc., DJO Global, Inc., Medi GmbH & Co. KG, Ossur HF, Otto Bock Healthcare GmbH, and Thuasne Group. Market rivalry has led to enhancements in current product lines and the creation of new ones, thereby increasing patient safety and comfort.
- In February 2022, the world's foremost actively powered microprocessor artificial knee for patients with above-the-knee amputations or limb abnormalities, the POWER KNEETM, was introduced by OSSUR. The POWER KNEE generates motion by offering active powered assistance while recognising whether the wearer is seated or standing or walking on different surfaces, inclines, or declines.
Key Segments of Ligament Stabilizers Industry Research
By Injury Type :
- Grade 1
- Grade 2
- Grade 3
By Product :
- Knee Braces & Supports
- Foot and Ankle Braces & Supports
- Shoulder Braces & Supports
- Spinal Orthoses
- Wrist & Hand Braces & Supports
- Knee Braces & Supports
By End User :
- Ambulatory Surgical Centers
By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
- FAQs -
Global demand for ligament stabilizers is valued at US$ 2.66 billion in 2023.
Worldwide sales of ligament stabilizers are predicted to rise at a CAGR of 5% from 2023 to 2033.
The global ligament stabilizers market is predicted to reach US$ 4.33 billion by 2033.
North America is expected to hold a significant position in the global market.
DJO Global, Inc., Medi GmbH & Co. KG, and Ossur HF are leading producers of ligament stabilizers.