Hip Orthoses Market Industry Size & Share, Business Strategies, Growth Analysis, Regional Demand, Revenue, Key Manufacturers and 2030 Forecast Research Report

Hip Orthoses 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.

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Global Hip Orthoses Market: By Type
Dynamic Orthotics
Static Orthotics

Global Hip Orthoses Market: By Application
Hospitals
Clinics
Homecare Settings

Global Hip Orthoses Market:key players
Hanger Clinic
Comprehensive Prosthetics and Orthotics
DJO Global
Ottobock
Medi
Thuasne
Nakamura Brace
Fillauer
Becker Orthopedic

Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:

United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.

What's Included in the Report -

• Market size and growth projections, 2020- 2030
• Market size, share, and growth projections across regions and countries, 2022- 2030
• Market size and CAGR of key products, applications, and end-user verticals, 2022- 2030
• Short and long term Market trends, drivers, restraints, and opportunities
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
• Latest market news and developments

This Market report provides experts analysis, strategies, insights, scope and upcoming trends with different type and applications. Artificial Cerebrospinal Fluid Market also provides tables and figures for good understanding of data. Different data like industry segment, channel segment and many more segment data covered in this report. The aim of this report is to give advice and awareness to businesses interested in this Market.

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