Hip Protectors Market

The global Hip Protectors market was valued at 37.1 Million USD in 2021 and will grow with a CAGR of 4.06% from 2021 to 2027, based on Research newly published report.

The prime objective of Hip Protectors Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Hip Protectors Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A hip protector is a specialized form of pants or underwear containing pads (either hard or soft) along the outside of each hip/leg, designed to prevent hip fractures following a fall. They are most commonly used in elderly individuals who have a high risk of falls and hip fractures. First, for industry structure analysis, the Hip Protectors industry is not very concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 53.65% of the revenue market. Regionally, USA is the biggest production value area of valves, also the leader in the whole Hip Protectors industry. Second, the production of Hip Protectors increased from 503.17 K Items in 2011 to 630.49 K Items in 2015 with an average growth rate of more than 5.5%. Third, USA occupied 35.68% of the production market in 2015. It is followed by EU and Japan, which respectively have around 32.02% and 10.10% of the global total industry. Other countries have a small amount of production. Geographically, USA was the largest consumption market in the world, which took about 31.37% of the global consumption volume in 2015. Fourth, for price trend analysis, a key variable in the performance of Hip Protectors producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Fifth, for forecast, the global Hip Protectors revenue would keep increasing with annual growth rate with 5.36%. We tend to believe that this industry still has a bright future, considering the current demand of Hip Protectors.

By Market Vendors:

• Tytex
• Medline
• Kaneka
• Patterson Medical
• Suprima
• Skil-Care
• AliMed
• Bort
• HipSaver
• Plum Enterprises
• Personal Safety
• Posey
• Hornsby Comfy Hips
• Vital Base
• Impactwear
• Prevent Products

By Types:

• Soft hip protectors
• Hard hip protectors

By Applications:

• Hospital
• Nursing home
• Training center

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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