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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Latin America Knee Braces Market: By Type, By application/ use, By End User and Geography
The latin america knee braces market size valued US$ x million in 2020 and expected to reach x million by 2027, at a CAGR of 5.8% during the forecast period 2021-2027. Knee braces refer to the medical aids that are used to support the painful or injured knee. Knee braces are also used to prevent injuries during the sports. There are different kind of knee braces based on their functionality. Prophylactic knee braces are used to prevent the injuries, functional knee braces are used as support for injured knees, rehabilitative braces are used to prevent harmful movements of knee and fasten the healing after injury or surgery and patellofemoral knee braces helps kneecap move smoothly over the knee joint. Usually, braces available in different sizes and shapes are made up of combination of metal, plastic, foam, straps and elastic material.
Latin America knee bracers market is driven by the rising disease burden of bone disorders such as osteoarthritis and osteoporosis. Furthermore, growth in health awareness related to healthy life maintenance led to the rise in usage of knee braces to prevent injuries during the sport. In addition, well established healthcare infrastructure and online distribution of knee braces by the companies led to ease in purchasing of products. This factor also positively impact the growth of Latin America knee braces market during the forecast period. However, decrease in prices of knee braces and lack of supported clinical studies expected to hamper the Latin America knee braces market over the forecast period.
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2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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