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Los Angeles, CA -- (SBWIRE) -- 04/25/2019 -- 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.
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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 global Hip Protectors market was 37000 million US$ in 2018 and is expected to 51400 million US$ by the end of 2025, growing at a CAGR of 4.2% between 2019 and 2025.
This report studies the Hip Protectors market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hip Protectors in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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 the product type, the market is primarily split into
Soft hip protectors
Hard hip protectors
By the end users/application, this report covers the following segments
Hospital
Nursing home
Training center
Other
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