Market Overview:
The global hip knee ankle foot orthosis (HKAFO) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as rising incidence of disabilities, increasing awareness about HKAFOs and technological advancements in the field of orthotics. Based on type, the global hip knee ankle foot orthosis (HKAFO) market is segmented into dynamic orthotics and static orthotics. The dynamic Orthotics segment is expected to register a higher CAGR during the forecast period owing to its ability to provide stability and support for activities such as walking and running. Based on application, the global hip knee ankle foot orthosis (HKAFO) market is segmented into medical supplies store, clinic and hospital segments.
 Industry Outlook.svg)
Product Definition:
Hip Knee Ankle Foot Orthosis (HKAFO) is a type of orthosis that helps to support and align the hips, knees, ankles, and feet. It may be used to treat conditions such as cerebral palsy, spina bifida, and muscular dystrophy.
Dynamic Orthotics:
Dynamic orthotics is a type of customized footwear designed to provide relief from pain caused by bony areas in the feet and ankle. The main aim of dynamic orthotics is to reduce joint stress, which helps in reducing pain. Dynamic orthotics are recommended for patients suffering from any medical condition that increases the risk of foot or ankle injuries such as diabetes, high blood pressure, nerve damage and so on.
Static Orthotics:
Static orthotics is a type of footwear designed to provide support and stability to people who have problems with their joints. They are used for treating various disorders such as arthritis, osteoporosis, gouty arthritis, bunion or bunions and over-pronation (flat feet).
Hip Knee Ankle Foot Orthosis (HKAFO) is a medical device that provides correction for abnormal foot alignment which causes pain in the knee and ankle region.
Application Insights:
On the basis of application, the global hip knee ankle foot orthosis (HKAFO) market is segmented into medical supplies store, clinic, hospital and others. The medical supplies store held the largest share in 2017 owing to increasing number of patients suffering from various orthopedic disorders. As per American Academy of Orthopedic Surgeons (AAOS), there are more than 60 million Americans aged over 18 years who have suffered from an injury or a condition that requires surgery for proper treatment.
The Clinic segment is expected to grow at fastest rate during forecast period due to rising awareness about HKAFO among doctors and surgeons as an effective solution for treating various joint disorders including arthritis pain & osteoarthritis pain & runner's knee & patellofemoral syndrome & chondromalacia etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high adoption rate of advanced products are some factors responsible for its large share. Moreover, growing number of research grants by government organizations to study the causes and treatment alternatives for Knee Osteoarthritis (KOA) is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population, increasing disposable income levels, improving healthcare facilities & resources in emerging countries such as China & India. Rising awareness about orthopedic conditions among people will also propel regional demand during the estimated time frame. For instance, Orthofix Holdings Inc., a U.S.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for HKAFOs in the coming years.
- Rising incidence of orthopedic disorders: The incidence of orthopedic disorders is on the rise, which is likely to boost the demand for HKAFOs in the near future.
- Growing awareness about benefits of HKAFOs: There has been a growing awareness about the benefits of using HKAFOs among patients and healthcare professionals alike, which is likely to fuel market growth in the coming years.
- Technological advancements: With technological advancements taking place at a rapid pace, new and innovative types of HKAFOs are being developed, thereby propelling market growth. 5) Increasing funding for research on orthotics: A number of funding agencies are investing heavily in research on orthotics devices such as HKAFOs, thus providing impetus to market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Hip Knee Ankle Foot Orthosis (HKAFO) Market Research Report
By Type
Dynamic Orthotics, Static Orthotics
By Application
Medical Supplies Store, Clinic, Hospital
By Companies
DJO Global, Inc, Smith & Nephew Plc, DeRoyal Industries, Ossur Global, Stepper Inc., Stryker Corporation, DePuy Synthes, Ottobock Holding, Thuasne and Freedom Innovations, Freedom Innovations LLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Hip Knee Ankle Foot Orthosis (HKAFO) Market Report Segments:
The global Hip Knee Ankle Foot Orthosis (HKAFO) market is segmented on the basis of:
Types
Dynamic Orthotics, Static Orthotics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Supplies Store, Clinic, Hospital
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DJO Global, Inc
- Smith & Nephew Plc
- DeRoyal Industries
- Ossur Global
- Stepper Inc.
- Stryker Corporation
- DePuy Synthes
- Ottobock Holding
- Thuasne and Freedom Innovations
- Freedom Innovations LLC
 Market Overview.svg)
Highlights of The Hip Knee Ankle Foot Orthosis (HKAFO) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dynamic Orthotics
- Static Orthotics
- By Application:
- Medical Supplies Store
- Clinic
- Hospital
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hip Knee Ankle Foot Orthosis (HKAFO) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hip Knee Ankle Foot Orthosis (HKAFO) is a type of orthotic device that is used to help correct alignment and stability in the hip, knee, and ankle joints. HKAFOs are typically worn by people who have difficulty walking or standing because of instability in these areas.
Some of the major players in the hip knee ankle foot orthosis (hkafo) market are DJO Global, Inc, Smith & Nephew Plc, DeRoyal Industries, Ossur Global, Stepper Inc., Stryker Corporation, DePuy Synthes, Ottobock Holding, Thuasne and Freedom Innovations, Freedom Innovations LLC.
The hip knee ankle foot orthosis (hkafo) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hip Knee Ankle Foot Orthosis (HKAFO) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hip Knee Ankle Foot Orthosis (HKAFO) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hip Knee Ankle Foot Orthosis (HKAFO) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hip Knee Ankle Foot Orthosis (HKAFO) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hip Knee Ankle Foot Orthosis (HKAFO) Market Size & Forecast, 2020-2028
4.5.1 Hip Knee Ankle Foot Orthosis (HKAFO) Market Size and Y-o-Y Growth
4.5.2 Hip Knee Ankle Foot Orthosis (HKAFO) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dynamic Orthotics
5.2.2 Static Orthotics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Supplies Store
6.2.2 Clinic
6.2.3 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hip Knee Ankle Foot Orthosis (HKAFO) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hip Knee Ankle Foot Orthosis (HKAFO) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dynamic Orthotics
9.6.2 Static Orthotics
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Supplies Store
9.10.2 Clinic
9.10.3 Hospital
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dynamic Orthotics
10.6.2 Static Orthotics
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Supplies Store
10.10.2 Clinic
10.10.3 Hospital
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dynamic Orthotics
11.6.2 Static Orthotics
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Supplies Store
11.10.2 Clinic
11.10.3 Hospital
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dynamic Orthotics
12.6.2 Static Orthotics
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Supplies Store
12.10.2 Clinic
12.10.3 Hospital
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dynamic Orthotics
13.6.2 Static Orthotics
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Supplies Store
13.10.2 Clinic
13.10.3 Hospital
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hip Knee Ankle Foot Orthosis (HKAFO) Market: Competitive Dashboard
14.2 Global Hip Knee Ankle Foot Orthosis (HKAFO) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJO Global, Inc
14.3.2 Smith & Nephew Plc
14.3.3 DeRoyal Industries
14.3.4 Ossur Global
14.3.5 Stepper Inc.
14.3.6 Stryker Corporation
14.3.7 DePuy Synthes
14.3.8 Ottobock Holding
14.3.9 Thuasne and Freedom Innovations
14.3.10 Freedom Innovations LLC
