Orthopedic Splints and Casts Market, by Product Type (Casts and Splints), by End User (Hospitals, Orthopedic Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026

  • Published On : Jul 2018 |
  • Pages : 163 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Orthopedic Splints and Casts Market – Protecting and Healing Injured Bones

Orthopedic splints and casts are orthopedic devices used to protect and support fractured bones and joints. Casts and splints are made from fiberglass or plaster, and can be easily molded to the shape of injured arms or legs. The casts are designed to provide functional support to fractures and soft tissue injuries, allowing enhanced flexibility and mobility with semi-rigid form, thus reducing immobilization-related problems such as atrophy or joint stiffness, thus shortening the healing process.

Splints, also known as half-casts, are easier and majorly used to heal and support a variety of acute orthopedic conditions such as sprains. Splints are convenient to use, as they can be easily tightened or loosened as per the injured leg or arm. Readymade splints are available in various shapes and sizes, thereby allowing easier and faster use in the medical settings.

The global orthopedic splints and casts market size was valued at US$ 2,160.6 million in 2017, and is expected to exhibit a robust CAGR of 6.1% over the forecast period (2018 – 2026). The global orthopedic splints and casts market is expected to be driven by increasing incidence of age-related osteoporotic fractures, musculoskeletal conditions, and trauma caused due to road accidents and falls.

Figure 1. Global Orthopedic Splints and Casts Market Value (US$ Mn), by Region, 2017

Source: Coherent Market Insights Analysis (2018)

Increasing incidence of musculoskeletal conditions to drive growth of the market

Growing prevalence of musculoskeletal diseases such as arthritis and osteoporosis, which are associated with growing geriatric population, is expected to drive growth of the orthopedic splints and casts market.

According to International Osteoporosis Foundation statistics, 2017, an estimated 8.9 million fractures are caused annually by osteoporosis, resulting in an osteoporotic fracture every 3 seconds, with around 1.6 million hip fractures occurring globally each year, the number of which is expected to reach 4.5 million by 2050.

Also, according to the World Health Organization (WHO), 2013, around 28.2% of the global population aged 60 years and above, suffered from osteoarthritis with an estimated 80% people recorded with mobility handicaps. Furthermore, WHO also states that increasing life expectancy and growing geriatric population is expected to increase the prevalence of osteoarthritis and is expected to be the fourth most common cause of disability by 2020.

However, the formation of pressure sores, compartment syndrome, and thermal injuries during casting or splinting process and development of bacterial and fungal infections occurring beneath the casts and splints are factors restraining the market growth.

Figure 2. Global Orthopedic Splints and Casts Market Share (%), by Product Type, 2018 and 2026

 

Source: Coherent Market Insights Analysis (2018)

Rising medical tourism and higher number of trauma cases in Asia Pacific to accelerate market growth

Asia Pacific is expected to hold a dominant position in the global orthopedic splints and casts market over the forecast period, owing to rising medical tourism in India, Singapore, and Thailand, thereby increasing the influx of foreign patients for affordable treatment of post-surgical management for speedy recovery.

According to survey by Pacific Prime, 2015, among 10 million patients traveling per year for medical treatment, over 90% visited countries such as Singapore, Thailand, and India, thus augmenting the orthopedic splints and casts market growth. Furthermore, according to the study by Brink Asia Pacific Risk Center, 2017, around 4 million medical tourists traveled to India to seek health care services, 3.5 million foreign patients travelled to Thailand, and 900,000 patients to Singapore in 2016. This number is expected to grow by 10-14% annually by 2020.

Moreover, according to the Government of India, Ministry of Road Transport & Highways Transport Research Wing, 2016, road accidents is the major cause of injuries, disabilities, and death in India, accounting for 1,317 accidents per day with an average of 494,624 injured people in 2016. Thus, growing number of road accidents in India and China is expected to increase demand for orthopedic casts and splints, thereby increasing the market growth.

North America is expected to gain significant traction over the forecast period, owing to higher rate of sports injuries in the U.S. According to the American Academics of Pediatrics, 775,000 children aged 14 years and younger are admitted in hospital emergency rooms for sports-related injuries each year. Moreover, according to the National Institute of Health, 2012, knee injuries are common among adolescent athletes, with an estimated 2.5 million sports-related injuries registered annually in emergency departments in the U.S. This number is expected to increase over forecasted period, thereby propelling the orthopedic splints and casts market growth in the region.

Major players operating in the global orthopedic splints and casts market 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.

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:
        • U.S.
        • Canada
    • 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.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology
      • Market Snippet, By Disease Indication
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Technological Advancements
    • PEST Analysis
    • PORTER’s Analysis
    • Epidemiology
  4. Global Orthopedic Splints and Casts Market, By Product Type, 2016 – 2026, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2016 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Casts
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
      • Segment Trends
        • Plaster Casts
        • Casting Tapes
        • Cast Cutters
        • Casting Tools and Accessories
    • Splints
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
      • Segment Trends
        • Fiberglass Splints
        • Plaster Splints
        • Others
  5. Global Orthopedic Splints and Casts Market, By End User, 2016 – 2026, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2016 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
    • Orthopedic Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
  6. Global Orthopedic Splints and Casts Market, By Region, 2016 – 2026, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2026 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of APAC
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Essity Aktiebolag - BSN Medical*
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • DJO Global, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Zimmer Biomet Holdings, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Ossur Americas, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Prime Medical, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • DeRoyal Industries, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Alimed, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • 3M
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Orfit Industries N.V.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Corflex, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 38 market data tables and 26 figures on "Orthopedic Splints and Casts Market - Global forecast to 2026”.

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
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