"Ligament stabilizers market to exhibit lucrative growth during the forecast period" 

The global ligament stabilizers market is Increasing incidences of sports injuries, trauma cases and other ligament injuries due to accidents at work or home will drive the market growth globally. New product development for knee and ankle joints along with expansion of branded products in the emerging nations will drive the ligament stabilizers market. 

"Knee braces and supports segment is expected to register higher growth by the end of 2030"

The incidence of ligament injury oriented from knee continues to persist globally during the forecast period. In case of multiple injuries (knee, hip, foot or ankle) ligament stabilizers assist to reconstruct the ligament effectively. Top manufacturers are considering the ascendency of knee injury while extending their production volumes worldwide. Around 40% - 45% of the global market value is estimated to be accounted by the knee braces & support sales during the forecast period. The overall usefulness of ligament stabilizers during the rebuilding of ligaments will continue to instrument their increasing adoption on a global scale.

"Grade 1 injury type generated maximum revenue share in 2021"

Ligament stabilizers used for treatment of grade 1 injuries will account for the highest share of global sales during the forecast period. Incidence of medial and lateral collateral ligament injury is high globally, and will also impact the worldwide sales of ligament stabilizer products. Grade 1 or 2 type injuries are mainly observed in athletes. Additionally, hyperextension stress, musculoskeletal disorders and instability of knee or ankle while running, and swelling in the elderly population will drive the market growth during the forecast period.

"Hospital pharmacies will represent the largest sales channel for ligament stabilizers during the forecast period"

Presently, hospital pharmacies dominated the global market. As per changing dynamics retail pharmacies will also register fastest growth in terms of product sales (CAGR of 7-8%) during the forecast period. Direct and indirect marketing of products via online sales will also depict a positive impact globally. Prevalence of musculoskeletal injuries and disorders among the geriatric population, incidence of rheumatoid arthritis and joint disorders, and increasing incidences of road accidents and sports injuries will further spur revenue growth in the distribution channel segment.

"Increasing demand for advanced products, and the presence of established players holds North America in dominant position" 

North America generated maximum revenue share in the global ligament stabilizers market owing to increasing cases of sports injuries along with the rise in the adoption of modern technologies in orthopedics sector and existence of well-established healthcare facilities in the U.S. and Canada. Additionally, huge patient population in nations such as China, India, Mexico, and others along with increasing demands for branded products will drive the market growth. High cost of advanced products in developing nations and strict regulations in the developing markets may hinder the market development to a certain extent during the forecast period. It is projected that the adoption of new products from Asia Pacific and European market will witness rapid growth.

"Dominance of multinational manufacturers with strong product portfolio in the developed regions" 

Major players in the ligament stabilizers market are Otto Bock Healthcare GmbH, 3M Company, DePuySynthes Company, Ossur hf., DJO Global, Inc., Bauerfeind AG, DeRoyal Industries Incorporations, THUASNE SA, Breg, Inc., medi GmbH & Co. KG, BSN Medical GmbH, Adhenor, Huici Medical, Aspen, ORTEC, Rcai, Performance Health

Neo G and others. Smaller corporations are implementing progressive strategies through new product launch and expansion of products in the emerging markets via partnerships and acquisitions.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Ligament Stabilizers market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Ligament Stabilizers market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Ligament Stabilizers market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Ligament Stabilizers market?
• Which is the largest regional market for Ligament Stabilizers market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Ligament Stabilizers market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Ligament Stabilizers market worldwide?