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.
The report offers detailed coverage of Hip Protectors industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hip Protectors by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Hip Protectors market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Hip Protectors market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Tytex
Medline
Kaneka
Patterson Medical
Suprima
Skil-Care
AliMed
Bort
HipSaver
Plum Enterprises
Personal Safety
Posey
Hornsby Comfy Hips
Vital Base
Impactwear
Prevent Products
At the same time, we classify Hip Protectors according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Soft hip protectors
Hard hip protectors
Market by Application
Hospital
Nursing home
Training center
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hip Protectors market for the forecast period 2021 - 2025?
• What are the driving forces in the Hip Protectors market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hip Protectors industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?