Ankle Supports & Braces Market By Product (Metal Material Product, Alloy Material Product, Resin Material Product), By End-User (Osteoarthritis, Rheumatoid Arthritis, Post-traumatic Arthritis, and Other), and By Region – Market Trends, Analysis and Forecast till 2034

Ankle Support & Braces Market was valued at USD 972.7 Million in 2024 and is projected to grow at a CAGR of 8.8% to reach USD 2088.5 Million by 2034.

Ankle supports and braces are specialized orthopedic devices worn around the ankle to provide support, compression, and stability. They are commonly used for treating ankle sprains, strains, and other injuries sustained in the foot.

In some cases, these supports can help prevent ankle injuries during strenuous physical activity. This has made athletes regular buyers of the ankle supports & braces market. Specially constructed braces can also be used to support weak or unstable ankles, especially during recovery from trauma or injury.

The ankle supports & braces market also has specialized products designed to reduce pain and inflammation in the foot and ankle area. Using ankle supports can also help increase the awareness of body position in space for dancers and athletes.There are many different types of supports available within the ankle supports & braces market, each with its unique features and benefits. The best type of ankle support or brace for a person will depend on their individual needs and condition.

Some of the most common types of supports and braces seen in the ankle supports & braces market include sleeve braces which are lightweight and comfortable and provide mild to moderate support.Strap braces are used to provide a customized fit and better support for ankle instability whereas lace-up braces have laces instead of straps and are often used for treating severe ankle injuries. Rigid braces made of hard plastic or metal are used for support post-surgery.

There is a rapid growth in the global geriatric population needing specialized care. This has made a significant section of the population more prone to bone degenerative disorders lately leading to demand in the ankle supports & braces market. Older people tend to be more prone to osteoporosis and arthritis which can cause ankle pain and injury leading to the need for ankle supports and braces.

771 million individuals worldwide were 65 years of age or older in 2022, making up about 10% of the world's population. With its current rate of growth, this group is predicted to reach 16% by 2050. Data from 2022 show that there are approximately 58 million adults in the United States who are 65 years of age or older, making up 17.3% of the total population. The ankle supports & braces market will witness an upward trajectory as the global populace continues aging.

Rising Prevalence of Bone Degenerative Diseases:

• Conditions like osteoarthritis and osteoporosis are becoming increasingly common, particularly among the aging population. These conditions can lead to pain, weakness, and instability in the ankle joint, making ankle braces a valuable tool for managing symptoms and improving mobility. A rise in bone disorders is therefore a propellant for the ankle supports & braces market.

• The most frequent type of arthritis, osteoarthritis, affected 595 million people worldwide in 2020, accounting for 7.6% of the world's population, according to a report published by the National Institute of Health (NIH). Worldwide, 17·6 million people were predicted to have rheumatoid arthritis in 2020.

 Increase in Sports Participation:

• The growing popularity of sports and recreational activities that put stress on the ankles, such as running, basketball, and soccer, is contributing to the demand for ankle braces. With the global trend for outdoor recreational activities such as trekking mountain climbing etc on the rise the need for ankle supports is set to rise.

Use of Ankle Braces as Preventive Care with the rising number of orthopedic surgeries:

• Ankle braces are increasingly being seen as a preventive measure to help prevent injuries, especially for athletes and people who are involved in high-impact activities. The number of orthopedic surgeries, including ankle replacements and fusions, is on the rise. Ankle braces are often used post-surgery to provide support and stability during the healing process leading to a growing demand from the ankle supports & braces market.

Affordable Product Prices and Accessibility:

• Ankle braces are becoming more affordable and accessible to a wider range of people. This is due to the increasing availability of over-the-counter (OTC) braces and the development of more cost-effective materials. Better accessibility has led to more adoption of the ankle supports & braces market amongst different demographics.

Restrains in the Ankle Supports & Braces Market:

• Lack of Awareness: Ankle braces and supports are not always prescribed by medical professionals, and there is a lack of awareness among the general public about the benefits of wearing them. This can lead to people not using these products when they could potentially benefit from them. Lack of awareness is a significant roadblock for the ankle supports & braces market.
• Comfort Issues: Some people find ankle braces and support to be uncomfortable to wear, especially for long periods. This can discourage people from using them regularly.
• Fluctuating Product Cost: Ankle braces and supports can range in price from a few dollars to hundreds of dollars. The high cost of some of these products can deter people from purchasing them. The shifting prices can become a deterrent to the ankle supports & braces market

Key Opportunities in the Ankle Supports & Braces Market:

• Technological advancements: Manufacturers are developing new and innovative ankle braces and supports that are more comfortable, effective, and easier to use. These advancements are making the ankle supports & braces market more attractive for a wider range of people.
• E-commerce growth: The growth of e-commerce is making it easier for people to purchase ankle braces and supports, which is expected to boost the ankle support & braces market.
• Focus on customization: Manufacturers are increasingly offering ankle braces and supports that can be customized to fit the individual needs of the wearer. This is making ankle braces a more viable option for people with chronic conditions or injuries.
• Development of smart braces: Some companies are developing smart ankle braces that can track the wearer's activity and provide feedback on their form. These braces can help people to prevent injuries and improve their performance. Digitization is drawing much attention to the ankle supports & braces market.

Ankle Supports & Braces Market is segmented based on by Product, by End-user and Region.

Type Insight

• Metal Material Product is the smallest segment of the ankle supports & braces market and does not witness major growth as it mostly caters to severe injuries and can be quite expensive as well. Moreover, the metal might prove too bulky and uncomfortable for many users.
• Alloy Material Product- This is the second largest segment of the market and is fast gaining popularity due to its ability to provide different levels of support according to the severity of the injury. It can cater to a wide range of needs while also being cost-effective.
• Resin Material Product- Currently this segment holds the largest revenue shares of the ankle supports & braces market and will hold its current lead position throughout the forecast period as it has a much larger customer base compared to other types. Its popularity can be attributed to its comfort, light weightiness, affordability, and ability to provide a range of support levels depending on the severity of the injury.  

End-User Insights

• Osteoarthritis- This is the largest end-use segment of the ankle supports & braces market driven by the growing geriatric population and increasing incidence of osteoarthritis globally.
• Rheumatoid Arthritis- This is the second largest end-use segment of the market which is majorly driven by the rising cases of autoimmune disorders across the world that cause loss of mobility in joints.
• Post-traumatic Arthritis- As the third largest segment of the ankle supports & braces market this segment is expected to show significant growth as the number of ankle repair surgeries increases globally. Rising interest in outdoor activities which can lead to joint injury will also drive this segment’s growth.
• Other- This is a niche segment consisting of end-use due to ankle sprains, weak or unstable ankle joints, or joint stress due to strenuous physical activity. This is a growing segment driven by the increasing enthusiasm towards outdoor recreation and poor lifestyles leading to weak joints.

Regional Insights:

Ankle Supports & Braces Market Regional Insights:

On region the Ankle Supports & Braces Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

• North America market currently holds the dominant market share of the Ankle Supports & Braces Market and is expected to lead throughout the forecast period due to the high prevalence of chronic bone diseases leading to more surgeries. The increasing trend of outdoor recreational activities is another major growth driver.
• Asia Pacific region is the second largest regional market projected to witness a significant growth rate in the forecast period due to factors like rising disposable incomes, increasing government investments in healthcare, and a rapidly growing geriatric population.
• Europe has a growing Ankle Supports & Braces Market with a strong focus on product quality and ergonomic design that allows rapid diagnosis. Stringent regulations and high healthcare spending further contribute to market growth. Rising awareness about sports injuries and preventative measures is leading to demand for braces.
• Latin America region is expected to show steady growth due to developing healthcare sectors, improved access to medical equipment and health tech, and increasing awareness about the benefits of preventive measures for ankle injuries. A significant geriatric population affected by bone disorders also contributes to market growth.
• Middle East & Africa: The Ankle Supports & Braces Market in this region is expected to witness significant growth in the coming years, driven by several factors such as the rapidly growing awareness regarding the benefits of these ankle supports even for regular office workers with regards to reducing physical strain on the feet and preventing potential injuries.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Ankle Supports & Braces Market report based on By Product, By End-User and Region:

Ankle Supports & Braces Market, By Product:

• Metal Material Product
• Alloy Material Product
• Resin Material Product

Ankle Supports & Braces Market, By End-User:

• Osteoarthritis
• Rheumatoid Arthritis
• Post-traumatic Arthritis
• Other

Ankle Supports & Braces Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Ankle Supports & Braces Market include GE Healthcare, BSN Medical GmbH, Med Spec, Inc., Bauerfeind AG, DeRoyal Industries, Inc., DJO Global, Inc., and Ossur, Inc.

• In January 2022, Ossur announced the release of the ReLeaf Active knee brace. This brace is intended to help people with osteoarthritis by providing support and pain alleviation. The brace is composed of lightweight, breathable materials for comfort, and it has a unique hinge design that replicates the knee's natural movement.
• In August 2022, Don. Joy announced the introduction of the Vizor 120 ankle brace, a comfortable and lightweight brace that gives patients with ankle sprains support and stability. The brace is composed of breathable materials to keep the foot dry and cool, and it has a special air-filled pad that fits the contours of the ankle.

• GE Healthcare
• BSN Medical GmbH
• Med Spec, Inc.
• Bauerfeind AG
• DeRoyal Industries, Inc.
• DJO Global, Inc.
• Ossur, Inc.
• Ottobock SE & Co. KGaA