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2021
Hip Orthosis Market

Hip Orthosis Market

by Type (Fixed Hip Orthosis and Wearable Hip Orthosis), Product Type (Hip Abduction, Sacroiliac (Si) Belt, Hernia Belt, and Range of Motion), Application (Hip Fracture, Hip Dislocation, Osteoarthritis, Congenital Dysplasia of the Hip, Coxa Valgum, and Others), and Age Group (Infants, Children, and Adults): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A03076
Pages: 235
Sep 2021 | 7418 Views
Author(s) : Smita N , Onkar S
Tables: 148
Charts: 28
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Hip Orthosis Market Overview:

The global Hip orthosis market size was valued at $354.7 million in 2020, and is projected to reach $552.3 million by 2030 registering a CAGR of 4.70% from 2021 to 2030.Hip disorders majorly affect the hip joint, impacting thigh movement and ability to support the weight of your body. In many cases, these disorders can cause pain and discomfort. Furthermore, components of hip orthosis includes a hip/pelvic girdle, thigh cuff, and hip joint. The joints are adjustable, allowing some degree of movement. This alignment positions the head of the femur in the hip socket allowing the ligaments, bone, and surrounding muscles to heal. Hip orthosis is used among all age groups; for instance, among infants, with dysplasia of the hip, which causes hip instability, a hip abduction orthosis or Pavlik harness is used to position the hips in flexion. In children, hip abduction orthosis is used to treat children with the Legg–Calve–Perthes disease.

The major factors that drive the growth of the hip orthosis market are rise in elderly population, technological advancements such as anterior approach for total hip replacement, surge in incidence of musculoskeletal conditions, and increase in number of road accidents. In addition, increase in  awareness about the benefits of hip orthosis on the quality of life has inclined more patients to opt for hip orthosis, especially in the developing countries such as in India and China, which notably contributes toward the market growth. Moreover, improvement in healthcare infrastructure in developing countries has led to the growth of the hip orthosis market. However, high costs of hip orthosis and changes in payer reimbursements negatively affect the net sales volume of hip orthosis, which, in turn, hampers the market growth.

Hip-Orthosis-Market

The outbreak of COVID-19 has disrupted workflows in the healthcare sector across the world. The disease has forced a number of industries to shut their doors temporarily, including several subdomains of healthcare. Moreover, COVID-19 has negatively impacted the hip orthosis market. COVID-19 has had a significant impact on all aspects of orthopedic care and practice. The pandemic has affected outpatient clinics, emergency & elective surgery, rehabilitation, resident training, personnel management, use of personal protective equipment, telemedicine, and all sub-specialties of orthopedics. 

Moreover, key players in the industry are facing issues with regard to the availability of human resource for manufacturing of hip orthosis products at production facilities. In addition, end users such as hospitals and clinics reported decline in patient visits due to the lockdown restrictions implemented worldwide. However, this situation is expected to improve in the near future, as governments of various countries have started relaxing norms around the world for resuming business activities. Moreover, the demand for hip orthosis products is anticipated to increase post recommencing the elective surgeries and procedures in the near future.

Hip Orthosis Market
By Mobility

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Wearable Hip Orthosis segment holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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Hip Orthosis Market Segmentation  

The global hip orthosis market is segmented into modality, product type, application, age group, and region. Depending on product type, the market is categorized into hip abduction, sacroiliac (SI) belt, hernia belt, and range of motion. In terms of application, the market is divided into hip fracture, hip dislocation, osteoarthritis, congenital dysplasia of the hip, coxa valgum, and others. On the basis of modality, it is bifurcated into fixed and wearable hip orthosis. Depending on age group, it is classified into infants, children, and adults. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Segment Review

Depending on age group, the adult segment is expected to register the highest growth during the forecast period, owing to increase in geriatric population. This is attributed to the fact that aged individuals are highly susceptible to orthopedic injuries as compared to children. Thus, increase has been witnessed in the number of adults seeking treatment for orthosis and prosthetics. 

Hip Orthosis Market
By Product Type

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Hip Abduction segment is projected as one of the most lucrative segment.

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Snapshot of North America hip orthosis market  

North America hip orthosis market holds the largest market share. The regional market growth can be attributed to increase in focus on healthcare, the presence of key players with a strong distribution network, and well-established healthcare infrastructure. Hence, the demand for hip orthoses has escalated due to increase in number of hip disorders in the region.

The key market players profiled in the report include RCAI, DJO Global, Bauerfeild, Steeper, Blunding, Innovation Rehab, Hanger Clinic, Becker Orthopedic, Ottobock, and Ossur.

Hip Orthosis Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Europe region would exhibit the highest CAGR of 5.6% during 2021-2030.

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Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global hip orthosis market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • A comprehensive analysis of the factors that drive and restrict the hip orthosis market growth is provided in the report.
  • Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
  • Extensive analysis of the key segments of the industry helps to understand the application and products the hip orthosis market used across the globe.
  • Key market players and their strategies have been analyzed to understand the competitive outlook of the hip orthosis market.

Key Market Segments

By Mobility

  • Fixed Hip Orthosis 
  • Wearable Hip Orthosis    

By Product Type

  • Hip Abduction
  • Sacroiliac (Si) Belt
  • Hernia Belt
  • Range of Motion

By Application

  • Hip Fracture 
  • Hip Dislocation
  • Osteoarthritis
  • Congenital Dysplasia of the Hip
  • Coxa Valgum
  • Others 

By Age Group

  • Infants 
  • Children 
  • Adults  

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China 
    • Australia
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

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The key factors contributing toward the growth of the global hip orthosis market include increase in elderly population, technological advancements such as anterior approach for total hip replacement, rise in incidence of musculoskeletal conditions, and increase in number of road accidents. In addition, increasing has been witnessed in awareness about the benefits of hip orthosis on the quality of life, which has inclined more patients to opt for hip orthosis, especially in the developing countries such as in India and China. However, high costs of hip orthosis and changes in payer reimbursements could negatively affect net sales volume of hip orthosis, which, in turn, hampers the market growth.

North America hip orthosis market holds the largest market share. The regional market growth can be attributed to increase in focus on healthcare, the presence of key players with a strong distribution network, and well-established healthcare infrastructure. Furthermore, the demand for hip orthosis has escalated due to increase in number of hip disorders in the region.

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FREQUENTLY ASKED QUESTIONS?

A. The total market value of Hip Orthosis Market is $354.8 million in 2020.

A. The forcast period for Hip Orthosis Market is 2021 to 2030

A. The market value of Hip Orthosis Market in 2021 is $366.5 million.

A. The base year is 2020 in Hip Orthosis Market

A. Top companies such as RCAI, DJO Global, Bauerfeild, Steeper, Blunding, Innovation Rehab, Hanger Clinic, Becker Orthopedic, Ottobock and Ossur held a high market position in 2020.

A. Based on age group, the market is divided into adults, children and infants. Among these segments, the adult segment is expected to be the fastest growing segment during the forecast period. The segment growth can be attributed to increasing geriatric population who are more prone to orthopedic injuries as compared to children.

A. The factors driving the hip orthosis market are rising elderly population and technological advancements such as anterior approach for total hip replacement, rise in incidence of musculoskeletal conditions and increase in number of road accidents. In addition, there is an increasing awareness about the benefits of hip orthosis on the quality of life, which has led to more patients to opt for hip orthosis, especially in developing countries such as in India and China. Moreover, improving healthcare infrastructure in developing countries has also led to the growth of the hip orthosis market.

A. North American hip orthosis market holds the largest market share. The regional market growth can be attributed to increased focus on healthcare, the presence of key players with a strong distribution network, and well-established healthcare infrastructure. Hence, there is high demand for hip orthosis due to increasing number of hip disorder cases in the region.

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