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 Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Hip Orthosis market gathered revenue around USD 350 Million in 2020 and market is set to grow USD 500 Million by the end of 2027 and is estimated to expand at a modest CAGR of 4.0% during the prediction period 2021 to 2027.

Growth Factors:

The market 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.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Hip Orthosis market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Hip Orthosis market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

Report Scope Details
Market Size USD  500 Million  by 2027
Growth Rate CAGR of 4.0% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Fastest Growing Market Asia Pacific
Largest Market North America
Segments Covered Mobility, Product Type, Application, Age Group and Region
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends 
Companies Mentioned RCAI, DJO Global, Bauerfeild, Steeper, Blunding, Innovation Rehab, Hanger Clinic, Becker Orthopedic, Ottobock, and Ossur.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Hip Orthosis market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Hip Orthosis Market Segmentation  analysis:

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.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Some of the prominent players in the Hip Orthosis Market include:   RCAI, DJO Global, Bauerfeild, Steeper, Blunding, Innovation Rehab, Hanger Clinic, Becker Orthopedic, Ottobock, and Ossur.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

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 Geography

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Hip Orthosis market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Hip Orthosis market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Hip Orthosis markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Key Points Covered in Hip Orthosis market Study:

  • Growth of Hip Orthosis in 2021
  • Market Estimates and Forecasts (2017-2027)
  •  Brand Share and Market Share Analysis
  •  Key Drivers and Restraints Shaping Market Growth
  •  Segment-wise, Country-wise, and Region-wise Analysis
  •  Competition Mapping and Benchmarking
  •  Recommendation on Key Winning Strategies
  •  COVID-19 Impact on Demand for Hip Orthosis and How to Navigate
  •  Key Product Innovations and Regulatory Climate
  •  Hip Orthosis Consumption Analysis
  •  Hip Orthosis Production Analysis
  •  Hip Orthosis and Management