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Hip Protectors Market Size, Share, and Industry Analysis, By Type (Energy-absorbing Hip Protectors and Energy-Shunting Hip Protectors), By Application (Hospitals & Clinics, Nursing Homes, Home Settings, and Others), By End-user (Men and Women), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI110597 | Status : UpcomingCommunity-dwelling adults face incidences of falls and fractures due to low body functional performance. Hip protectors better avoid the incidences of hip fractures in older people who fall. The growing consumer awareness regarding the benefits of healthcare products in the prevention of fall-related injuries and rising population aging drive hip protectors market growth.
- According to the Department of Statistics, Government of Canada, the population aged 65 years and above in Canada increased from USD 37.62 million in 2019 to USD 40.10 million in 2023.
- According to the Bone and Joint Organization, the number of annual hip fracture incidences in Scotland increased from 6,675 in 2017 to 7,797 in 2021.
Body motion-capturing devices are immensely popular among adults. Advancements in the development of 3D sensor-based hip protectors and increasing adult consumers’ demand for patented technology-based products accelerate product revenues across many countries worldwide.
- In April 2021, Yorkshire Care Equipment, a U.K.-based specialized provider of stairlifts, mobility aids, seating & independent living aids, and accessible bathroom adaptations, launched the Hip’Guard Hip Protection Belt in the U.K. The belt consists of built-in motion sensors that can analyze the wearer’s movement over 1,000 times per second.
Growing infrastructural facilities related to nursing homes and hospitals increase product demand among these settings, favoring the global market growth. Furthermore, an increasing number of households prefer mobility assistants and other personal care devices to support product revenues worldwide.
- According to the American Hospital Association, the number of community-based hospitals in America increased from 5,139 in 2020 to 6,120 in 2023.
Incidents of closure of hospitality settings and nursing homes due to the COVID-19 pandemic-related lockdown restrictions negatively impacted product sales in many countries globally. Furthermore, the incidences of limited operations of healthcare products’ retailing stores posed challenges to the companies managing their supply chain operations, affecting their product revenues during multiple waves of the COVID-19 pandemic.
- According to the American Healthcare Association (AHA), 579 nursing homes were closed due to the lockdown restrictions in the U.S. in 2020.
Segmentation
By Type | By Application | End-user | By Geography |
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Key Insights
The report covers the following key insights:
- Parent/Related Market Overview
- Industry SWOT Analysis
- Porter’s Five Forces Analysis
- Recent Technological Advancements
Analysis by Type:
By type, the global hip protectors market analysis can be conducted based on product types, including energy-absorbing hip protectors and energy-shunting hip protectors. The energy-absorbing hip protectors attenuate the peak femoral impact force on the hip below the theoretical fracture threshold level. Shifting consumer preference toward energy-shunting hip protectors to avoid the incidences of pelvic fracture while using energy-absorbing product type results in the energy-shunting hip protectors segment generating considerable product revenues. Furthermore, advancements in the development of sensor-based energy-shunting hip protectors of even force distribution capabilities skyrocket segmental growth during 2023-2032.
Analysis By Application:
Based on application, the global market is segregated into hospitals & clinics, nursing homes, home settings, and others. The nursing homes segment is expected to exhibit a leading global market share in 2023. Significant necessities of using flexion mobility assistance devices among the aged population and continual infrastructural development of the eldercare facilities and nursing homes support the product consumption across many countries worldwide.
Analysis By End-user
By end-users, the global market is segmented into men and women. The women segment is expected to exhibit a major market share due to the higher number of adult women suffering from hip fracture issues and prefer using innovative hip mobility assistant products.
- According to Osteoporosis Canada, a scientific advisory council, 1 in 3 Canadian women and 1 in 5 Canadian men are suffering from an osteoporosis health condition.
- Osteoporosis causes 70% to 90% of 30,000 hip fractures annually in Canada.
Regional Analysis
The global market is geographically segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America is expected to hold a major global market share due to the significant demand for hip protectors in the U.S. and Canadian adult populations to avoid incidences of hip and pelvic fractures. In addition, the growing population aging in the U.S. and Mexico drives the adoption rate of hip protectors in these countries. The increasing trend of bike riding and motorcyclists’ preference for innovative design-based hard hip protectors skyrocket market growth in the Northern American region.
- According to the World Bank Group, the population aged 65 years and above in Mexico increased from USD 10.3 million in 2021 to USD 10.6 million in 2022.
Key Players Covered
The report includes key players, such as Win Health Medical Ltd., Pelican Manufacturing, BORT GmbH, AliMed, Dynamic Techno Medicals, Personal Safety Corporation, HealthSaver Pty Ltd., HipSaver, Inc., Brosch Direct, suprima GmbH, and Fempro Armour.
Key Industry Developments
- In November 2023, D30, a global personal protection products maker, launched D3O® GhostT, a flexible limb protector for motorcyclists and mountain bikers. These protectors’ lightweight black lycra fabric allows users to safeguard their knee, elbow, shoulder, and hip parts.
- Global
- 2023
- 2019-2022