Orthopedic splints and casts are majorly available in fiberglass and plastic materials, which are applied over the injured area after being dipped in water. Fiberglass cast and splint products provide high patient compliance in terms of wearing comfort, water resistance and lasting support, improved X-ray radiolucency, and minimized muscle atrophy and other immobilization-related issues, thus, increasing the adoption of these products. Moreover, splints and casts are widely used to manage trauma and fall injuries, as they promote healing, help maintain bone alignment, and protect the injury.
Market Dynamics
Major factors driving growth of the orthopedic splints and casts market include increasing number of age-related orthopedic disorders and improved healthcare facilities in emerging economies. Furthermore, wide adoption of orthopedic splints and casts with increasing surgical procedures and trauma cases is expected to fuel the market growth over the forecast period. According to the study by Orthoknow, 2012, around 2.9 million joint replacement procedures occur annually worldwide, including over 1.4 million hip procedures, 1.1 million knee procedures, and around 100,000 shoulder replacements. Also, according to the Centers for Disease Control and Prevention, 2016, around 1.6 million hip fractures occur each year globally, the number of which is expected to reach between 4.5 million and 6.3 million by 2050.
However, complications associated with casts and splints such as deep vein thrombosis, allergic reactions, neurovascular deficit, in turn, are expected to limit the adoption of these products, further hindering the orthopedic splints and casts market growth.
Key features of the study:
- This report provides in-depth analysis of orthopedic splints and casts market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global orthopedic splints and casts market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Essity Aktiebolag - BSN Medical, DJO Global, Inc., Zimmer Biomet Holdings, Inc., Ossur Americas, Inc., Prime Medical, Inc., DeRoyal Industries, Inc., Alimed, Inc., 3M, Orfit Industries N.V., and Corflex, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global orthopedic splints and casts market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the orthopedic splints and casts market
Detailed Segmentation:
- Global Orthopedic Splints and Casts Market, By Product Type:
- Casts
- Plaster Casts
- Casting Tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Others
- Global Orthopedic Splints and Casts Market, By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Global Orthopedic Splints and Casts Market, By Geography:
- North America
- By Product Type:
- Casts
- Plaster Casts
- Casting tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Other Splints
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- Latin America
- By Product Type:
- Casts
- Plaster Casts
- Casting tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Other Splints
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type:
- Casts
- Plaster Casts
- Casting tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Other Splints
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- Casts
- Plaster Casts
- Casting tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Other Splints
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type:
- Casts
- Plaster Casts
- Casting tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Other Splints
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- Casts
- Plaster Casts
- Casting tapes
- Cast Cutters
- Casting Tools and Accessories
- Splints
- Fiberglass Splints
- Plaster Splints
- Other Splints
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Essity Aktiebolag - BSN Medical*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- DJO Global, Inc.
- Zimmer Biomet Holdings, Inc.
- Ossur Americas, Inc.
- Prime Medical, Inc.
- DeRoyal Industries, Inc.
- Alimed, Inc
- 3M
- Corflex, Inc.
- Orfit Industries N.V.
“*” marked represents similar segmentation in other categories in the respective section.
