Global Hip Orthosis Market Size study & Forecast, by Mobility (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,

Global Hip Orthosis Market Size study & Forecast, by Mobility (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 by Age Group (Infants, Children, and Adults) and Regional Analysis, 2022-2029

Global Hip Orthosis Market is valued approximately USD 0.37 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.70% over the forecast period 2022-2029. Hip Orthosis is a medical device utilized to treat positioning of hip in case of hip fracture, and hip dislocation. These devices are worn externally. These devices are also used in development of children’s hip joint. Hip Orthosis are generally made up of high-density polyethylene. The increasing incidence of injuries arising from road accident and growing prevalence of musculoskeletal conditions as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to the World Health Organization (WHO) estimates – as of 2022, globally around 1.3 million Individuals lost their lives due to road crashes. In addition, approximately 20 and 50 million more people suffer non-fatal injurie. Moreover, around 90% deaths associated with road accidents occurs in low- and middle-income countries. Further, as per WHO -as of 2022, globally around 1.71 billion people worldwide have musculoskeletal conditions. Also, rising geriatric population worldwide and growing healthcare infrastructure in emerging markets would create lucrative growth prospectus for the market over the forecast period. However, high cost associated with Hip Orthosis and lack of favorable reimbursement policy impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Hip Orthosis Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share due to factors such as rising incidences of musculoskeletal disorders as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising geriatric population and increasing number of road crash injuries in the region.

Major market player included in this report are:
RCAI
DJO Global
Bauerfeild
Steeper
Blunding
Innovation Rehab
Hanger Clinic
Becker Orthopedic
Ottobock
Ossur

Recent Developments in the Market:
 In April 2019, India based Ascent Meditech Limited a new range of Flamingo Hernia Belts and Scrotal Support. These belts would be available in multiple sizes and intended for treatment of inguinal, ventral, and umbilical hernia repair.

Global Hip Orthosis Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Mobility, Product Type, Application, Age Group, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

RCAI
DJO Global
Bauerfeild
Steeper
Blunding
Innovation Rehab
Hanger Clinic
Becker Orthopedic
Ottobock
Ossur

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