Europe Hip Splint Market to Witness 5.3% CAGR by 2031

Europe Hip Splint Market Size, Trends, Potential | 2025 - 2031

Research Document: Hip Splint Market (2025-2031)

Executive Summary

The Hip Splint Market is anticipated to witness significant growth between 2025 and 2031, driven by the increasing prevalence of hip injuries, advancements in orthopedic technology, and the growing geriatric population. Hip splints are essential for stabilizing and supporting the hip joint during recovery from fractures, dislocations, or surgical procedures. This document explores market dynamics, growth drivers, challenges, segmentation, regional trends, and competitive landscapes, with a projected Compound Annual Growth Rate (CAGR) of approximately 5.3% during the forecast period.

1. Introduction

Hip splints are orthopedic devices used to immobilize or support the hip joint, aiding in the recovery of injuries or surgeries. They are commonly used for conditions such as hip fractures, arthritis, and post-operative care. With the rising awareness of orthopedic health and an aging population, the demand for hip splints is expected to grow steadily.

2. Market Overview

2.1 Market Definition and Scope

Hip splints are designed to stabilize the hip joint, reduce pain, and facilitate mobility. They are widely used in hospitals, clinics, and home care settings, serving patients with diverse medical needs.

2.2 Market Size and Forecast

The global Hip Splint Market was valued at approximately USD 1.2 billion in 2024 and is projected to reach USD 1.8 billion by 2031, growing at a CAGR of 5.3% during the forecast period.

3. Key Market Drivers

3.1 Rising Prevalence of Hip Disorders

The increasing incidence of hip injuries, osteoarthritis, and other orthopedic conditions is a primary driver of market growth.

3.2 Technological Advancements in Orthopedic Devices

Innovations such as adjustable, lightweight, and patient-specific hip splints are enhancing product efficacy and patient comfort, boosting adoption rates.

3.3 Aging Population

The growing geriatric population, which is more prone to hip-related conditions, significantly contributes to the rising demand for hip splints.

4. Market Challenges

4.1 High Costs of Advanced Devices

The high cost of technologically advanced hip splints can limit their accessibility, particularly in developing regions.

4.2 Lack of Awareness in Emerging Markets

Limited awareness about hip splints and their benefits in certain regions poses a challenge to market penetration.

4.3 Stringent Regulatory Requirements

Strict regulatory standards for medical devices can delay product approvals and increase manufacturing costs.

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5. Market Trends

5.1 Focus on Customization and Patient Comfort

Manufacturers are emphasizing the development of customizable hip splints to improve patient compliance and recovery outcomes.

5.2 Integration of Smart Technologies

The incorporation of smart sensors for monitoring recovery progress is gaining traction in the market.

5.3 Eco-Friendly Materials

There is a growing preference for sustainable and eco-friendly materials in the production of orthopedic devices, including hip splints.

6. Market Segmentation

6.1 By Type

• Fixed Hip Splints

• Adjustable Hip Splints

• Dynamic Hip Splints

6.2 By Material

• Metal

• Plastic

• Composite Materials

• Others

6.3 By Application

• Hip Fractures

• Post-Surgical Recovery

• Arthritis Management

• Others

6.4 By End-User

• Hospitals

• Orthopedic Clinics

• Home Care Settings

• Rehabilitation Centers

6.5 By Distribution Channel

• Online Retail

• Offline Retail (Pharmacies, Specialty Stores)

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7. Regional Analysis

7.1 North America

North America dominates the market due to its advanced healthcare infrastructure, high prevalence of hip injuries, and adoption of innovative orthopedic solutions. The U.S. is the leading market in this region.

7.2 Europe

Europe’s market growth is driven by an aging population and robust healthcare policies. Key markets include Germany, France, and the UK.

7.3 Asia-Pacific

Asia-Pacific is the fastest-growing region, fueled by increasing healthcare investments, a rising geriatric population, and improving awareness of orthopedic care in countries like China, India, and Japan.

7.4 Latin America and Middle East & Africa

These regions are emerging markets with improving healthcare access and growing awareness of orthopedic conditions.

8. Competitive Landscape

8.1 Key Players

• DJO Global

• Ossur hf

• DeRoyal Industries

• Breg, Inc.

• Ottobock SE & Co. KGaA

• Medi GmbH & Co. KG

• Bauerfeind AG

• Zimmer Biomet Holdings, Inc.

8.2 Strategies

Leading companies are focusing on product innovation, mergers and acquisitions, and geographic expansion to strengthen their market presence. Investments in R&D for developing advanced and patient-friendly devices are also on the rise.

9. Growth Opportunities

9.1 Expansion in Emerging Markets

Developing regions present significant growth opportunities due to the increasing prevalence of hip disorders and improving healthcare access.

9.2 Development of Affordable Solutions

Manufacturers can cater to cost-sensitive markets by offering affordable and effective hip splints.

9.3 Collaboration with Healthcare Providers

Partnerships with hospitals and clinics can enhance product visibility and adoption.