Hip Orthosis Market Qualitative Insights on Application & Outlook by Share, Future Growth 2030 - EIN Presswire

2022-09-10 02:08:02 By : Ms. Lisa Chu

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Hip orthosis market study provides an in-depth analysis with the current trends and future estimations.

PORTLAND, OREGON, UNITED STATES, September 5, 2022 /EINPresswire.com/ -- Hip orthosis market size was valued at $0.35 billion in 2020 and is projected to reach $0.55 billion by 2030 registering a CAGR of 4.70% from 2021 to 2030. Hip pain is the sensation of discomfort in or else around the hip joint, where upper end (head) of the thigh bone (femur) fits into the socket of the hip bone. Hip pain has a number of causes, most of which are related to degeneration, injury, or inflammation of the muscles, bones, joints, and tendons located in the hip area. Furthermore, there are common causes of hip pain include arthritis, bursitis, bone fracture, muscle spasms and strains. Hip pain can also result from disorders causing pain radiating from the spine and back, such as sciatica and herniated discs. This type of hip disorder will further require hip orthosis as a support. Hip orthosis is an external orthopedic device that restricts hip movement. After complete hip replacement, a hip orthosis is utilized to prevent adduction and internal rotation, which can lead to hip dislocation and hip flexion motions. In 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 key market players profiled in the report include RCAI, DJO Global, Bauerfeild, Steeper, Blunding, Innovation Rehab, Hanger Clinic, Becker Orthopedic, Ottobock, and Ossur.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/3416

The factors driving the growth of the hip orthosis market are exponential surge in elderly population and technological advancements in hip orthoses such as anterior approach for total hip replacement, rise 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, which has encouraged patients to opt for hip orthosis, especially in the developing countries such as in India and China. Moreover, improvement in healthcare infrastructure in developing countries has led to the growth of the hip orthosis market. Furthermore, rising pool of hip fractures, hip osteoarthritis, favorable reimbursement scenario, and technological advancements are the major factors responsible for the growth of this market. Additionally, the growing health awareness among masses, along with increase in the spending capacity of the population are propelling the market growth. 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.

The report segments the hip orthosis market based on modality, product type, application, and age group. On the basis of product type, the market is categorized into hip abduction, sacroiliac (SI) belt, hernia belt, and range of motion. The applications covered in the study include hip fracture, hip dislocation, osteoarthritis, congenital dysplasia of the hip, coxa valgum, and others. By modality, the market fragmented into fixed and wearable hip orthosis. Depending on age group, it is segregated into infants, children, youth, and others.

On the basis of age group, the adult segment is expected to register the fastest growth rate during the forecast period. This is attributed to the fact that aged individuals are highly susceptible to orthopedic injuries as compared to children. As a result, increase has been witnessed in the number of adults seeking treatment for orthosis and prosthetics.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/3416

• By mobility, the wearable hip orthosis segment garnered the largest share in the global hip orthosis market in 2020. • On the basis of application, the osteoarthritis was the major shareholder in 2020, and expected to remain dominant throughout the forecast period. • Depending on product type, the hip abduction dominated the global hip orthosis market in 2020, and is anticipated to continue this trend during the forecast period. • Region wise, Asia-Pacific is expected to exhibit highest CAGR of 5.20% during the forecast period.

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