Europe Hip Orthosis Market By Age Group (Adults, Children, and Infants), By Product Type (Hip Abduction, Range of Motion, Sacroiliac (Si) Belt, and Hernia Belt), By Mobility (Wearable and Fixed), By Application (Osteoarthritis, Congenital Dysplasia of the Hip, Coxa Valgum, Hip Fracture, Hip Dislocation, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the Europe Hip Orthosis Market
Market Report Description
The Europe Hip Orthosis Market would witness market growth of 6.1% CAGR during the forecast period (2021-2027).
The Standing, Walking, And Sitting Hip (SWASH) orthosis is a device used to enable the patient to improve his/her condition from crawling or sitting to standing or walking. The SWASH orthosis helps the patient by offering changeable hip abduction to some degree of extension or flexion. This assists the patient in maintaining the hips in abduction when he/she tries to sit or holding the legs parallelly while standing. Along with providing maximum coverage to the femoral head while positioning hips in abduction, this orthosis also helps to maintain balance while sitting and prevents scissoring with ambulation.
However, the scarcity of human resources for the designing hip orthosis products has become the biggest challenge for key players in the industry. Moreover, various end-users of orthosis like clinics and hospitals witnessed a significant decrease in patient visits due to the outbreak of the global pandemic, which led to the imposition of strict lockdown regulations in various nations. The disruption caused by global pandemic would soon minimize as governments of several nations are taking stringent actions to control the spread of the coronavirus. Thus, industries and business activities would resume soon, thereby creating a positive impact on the demand for a hip orthosis. Therefore, it is projected that the hip orthosis market would witness prominent growth in the coming years.
The hip orthosis market is estimated to witness the fastest growth in Europe. The growth of the regional market is attributed to the increasing aging population in nations like Japan and Germany. The overweight and aging population are more susceptible to degenerative joint disorders and hip fractures, which is anticipated to create new growth opportunities for the regional market in the coming years. Additionally, growing incidences of osteoarthritis and deployment of orthosis navigation systems, owing to the growing geriatric population would boost the demand for hip orthosis in the regional market.
Moreover, factors such as the presence of sophisticated healthcare infrastructure for hip orthosis treatment, high patient awareness levels, and growing demand for minimally invasive surgeries would fuel the demand for hip orthosis devices. Further, the high investment in research and development across the UK and the growing level of awareness about hip orthosis devices are projected to boost the demand and growth of the regional hip orthosis market in the upcoming years.
The Germany market dominated the Europe Range of Motion Market by Country 2020, thereby, achieving a market value of $13 million by 2027. The UK market is experiencing a CAGR of 5.8% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 7.3% during (2021 - 2027).
Based on Age Group, the market is segmented into Adults, Children, and Infants. Based on Product Type, the market is segmented into Hip Abduction, Range of Motion, Sacroiliac (Si) Belt, and Hernia Belt. Based on Mobility, the market is segmented into Wearable and Fixed. Based on Application, the market is segmented into Osteoarthritis, Congenital Dysplasia of the Hip, Coxa Valgum, Hip Fracture, Hip Dislocation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hip Orthosis Market Size will Hit $606.9 Million by 2027, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Restorative Care of America, Inc. (RCAI), DJO Global (Colfax Corporation), Bauerfiend AG, Steeper Group, Innovation Rehab Ltd., Hanger, Inc. (Hanger Clinic), Becker Orthopedic, Ottobock SE & Co. KGaA, and össur.
Scope of the Study
Market Segments Covered in the Report:
By Age Group
By Product Type
- Hip Abduction
- Range of Motion
- Sacroiliac (Si) Belt
- Hernia Belt
- Congenital Dysplasia of the Hip
- Coxa Valgum
- Hip Fracture
- Hip Dislocation
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Restorative Care of America, Inc. (RCAI)
- DJO Global (Colfax Corporation)
- Bauerfiend AG
- Steeper Group
- Innovation Rehab Ltd.
- Hanger, Inc. (Hanger Clinic)
- Becker Orthopedic
- Ottobock SE & Co. KGaA
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