Overview
Orthopedic splints and casts are muscular gadgets used to secure and uphold cracked bones and joints. Projects and braces are produced using fiberglass or mortar, and can be effortlessly formed to the state of harmed arms or legs. The projects are intended to offer practical help to breaks and delicate tissue wounds, permitting upgraded adaptability and portability with semi-inflexible structure, along these lines decreasing immobilization-related issues like decay or joint solidness, accordingly shortening the mending system.
The global orthopedic splints and casts market had a market valuation of US$ 2,160.6 million in 2020, and is projected to show a CAGR of 6.1 by end of 2028
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Braces, otherwise called half-projects, are simpler and significantly used to mend and support an assortment of intense muscular conditions like injuries. Braces are advantageous to use, as they can be effortlessly fixed or extricated according to the harmed leg or arm. Readymade braces are accessible in different shapes and sizes, in this way permitting simpler and quicker use in clinical settings.
Competitive Landscape
Key companies contributing to the global orthopedic splints and casts include Ossur Americas, Inc., Zimmer Biomet Holdings, Inc., DJO Global, Inc., 3M, Essity Aktiebolag – BSN Medical, Corflex, Inc., Orfit Industries N.V., Alimed, Inc., DeRoyal Industries, Inc., and Prime Medical, Inc.
Drivers
The global orthopedic splints and casts market is anticipated to be driven by increasing occurrences of age-related osteoporotic cracks, outer muscle conditions, and injury caused by street mishaps and falls.
Developing commonness of outer muscle infections like joint pain and osteoporosis, which are related with developing geriatric populace, is projected to drive development of the global orthopedic splints and casts market.
As indicated by International Osteoporosis Foundation measurements, 2017, an expected 8.9 million cracks are caused yearly by osteoporosis, coming about in an osteoporotic break like clockwork, with around 1.6 million hip breaks happening worldwide every year, the quantity of which is foreseen to arrive at 4.5 million by 2050.
Likewise, as per the World Health Organization (WHO), 2013, around 28.2% of the worldwide populace matured 60 years or more, would experience osteoarthritis, with an expected 80% individuals reporting with portability handicaps.
Restraints
Nonetheless, the arrangement of tension wounds, compartment condition, and warm wounds during projecting or supporting interaction and improvement of bacterial and contagious contaminations happening underneath the projects and braces are factors controlling the global orthopedic splints and casts market development.
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Regional Insights
Asia Pacific is projected to stand firm on a predominant footing in the global orthopedic splints and casts market during the forecast period, attributable to rising clinical the travel industry in India, Singapore, and Thailand, in this manner expanding the deluge of unfamiliar patients for reasonable treatment of post-careful administration for fast recuperation.
As per study by Pacific Prime, 2015, among 10 million patients voyaging each year for clinical treatment, more than 90% visited nations like Singapore, Thailand, and India, accordingly enlarging the muscular supports and projects market development. Moreover, as per the review by Brink Asia Pacific Risk Center, 2017, around 4 million clinical sightseers made a trip to India to look for medical care administrations, 3.5 million unfamiliar patients ventured out to Thailand, and 900,000 patients to Singapore in 2016. This number is relied upon to develop by 10-14 percent yearly by 2020.
In addition, as indicated by the Government of India, Ministry of Road Transport and Highways Transport Research Wing, 2016, street mishaps is the significant reason for wounds, incapacities, and passing in India, representing 1,317 mishaps each day with a normal of 494,624 harmed individuals in 2016. Subsequently, developing number of street mishaps in India and China is relied upon to build interest for muscular projects and braces, accordingly expanding the market development.
North America is anticipated to acquire critical footing in the global orthopedic splints and casts market during the forecast period, attributable to higher pace of sports wounds in the U.S. As per the American Academics of Pediatrics, 775,000 youngsters matured 14 years and more youthful are admitted to medical clinic trauma centers for sports-related wounds every year. In addition, as indicated by the National Institute of Health, 2012, knee wounds are normal among young adult competitors, with an expected 2.5 million games related wounds enrolled every year in crisis divisions in the U.S.
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Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- 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)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Technological Advancements
- PEST Analysis
- PORTERโs Analysis
- Epidemiology
- Market Dynamics
- Global Orthopedic Splints and Casts Market, By Product Type, 2016 โ 2026, (US$ Mn)
- Introduction
- Market Share Analysis, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 โ 2026
- Segment Trends
- Casts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 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 โ 2026, (US$ Mn)
- Segment Trends
- Fiberglass Splints
- Plaster Splints
- Others
- Introduction
- Global Orthopedic Splints and Casts Market, By End User, 2016 โ 2026, (US$ Mn)
- Introduction
- Market Share Analysis, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 โ 2026
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Orthopedic Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Introduction
- Global Orthopedic Splints and Casts Market, By Region, 2016 โ 2026, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, For Regions, 2017โ2026
- North America
- Market Size and Forecast, By Product Type, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 โ 2026, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 โ 2026, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 โ 2026, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 โ 2026, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 โ 2026, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 โ 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 โ 2026, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- 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
- Essity Aktiebolag – BSN Medical*
- Analyst Views
- Section
- References
- Research Methodology
- About Us and Sales Contact
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