Hip Orthosis Market Size, Share, Growth and Trends, Forecast 2024-2031
Hip Orthosis Market is estimated to reach at a CAGR of 4.7%% during the forecast period (2024-2031).The hip orthosis market refers to the sector dedicated to the design, production, and sale of hip orthoses-medical devices designed to support, stabilize, or immobilize the hip joint. These devices are commonly used in the treatment and management of various conditions such as hip dysplasia, fractures, dislocations, post-surgical recovery, and degenerative diseases. The market includes various types of hip orthoses, including rigid braces, soft supports, and adjustable systems, catering to different therapeutic needs and patient requirements. The growth of this market is influenced by factors such as increasing incidences of hip-related disorders, advancements in orthotic technologies, and rising awareness of orthopedic health.
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Market Dynamics:
Safe, effective, and long-lasting method of treating various problems associated with severe hip arthritis will drive the market growth
The use of a hip orthosis has significantly improved patient health, proving highly beneficial in the recovery process. This brace is designed to stabilize a dislocated hip or to support post-hip replacement surgery by limiting excessive motion in the hip, which promotes healing. Additionally, it offers a safe, effective, and durable solution for managing severe hip arthritis.
As the global geriatric population continues to grow, particularly in developed nations, the healthcare industry is expected to expand significantly. The elderly are especially prone to hip disorders due to an increased risk of degenerative diseases and hip fractures with age. Consequently, the rising senior population is driving a substantial increase in the demand for hip orthoses. The prevalence of hip problems, fractures, and degenerative conditions is becoming more widespread worldwide, especially in industrialized and emerging countries.
Segment Covered in the Hip Orthosis Market:
By Type: Fixed Hip Orthosis, Wearable Hip Orthosis.
By Product Type: Hip Abduction, Sacroiliac Belt, Hernia Belt, Range of Motion.
By Application: Hip fracture, Hip dislocation, Osteoarthritis, Congenital Dysplasia of the Hip, Coxa Valgun, Others.
By Age Group: Infants, Children, Adults.
By End-User: Hospital, Homecare Settings, Others.
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Key players involved in Hip Orthosis Market:
• DJO Global
• Restorative Care of America Inc
• Bauerfiend AG
• Steeper Group
• Innovation Rehab Ltd
• Becher Orthopedic
• Fillauer
• Corflex
• Breg Inc
• Ossur
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Product Portfolio:
VersaROM Hip
The DonJoy VersaROM Hip is a versatile and low-profile hip orthosis designed for effective range-of-motion (ROM) restriction in 15° increments. It offers a comfortable and customizable fit, enhancing patient compliance and support.
Regional Analysis:
The global Hip Orthosis Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Hip Orthosis Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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