Continuous growth in geriatric population is expected to be one of the potential drivers of the casting and splinting Products market during the forecast period. Bone disorders such as arthritis, back pain, and osteoporosis are common problems globally. With progression of age, cartilage is prone to strain and fatigued due to less water content. This leads to arthritis and cushioning at the joints which requires casts, splints, or braces. Furthermore, other connective tissues such as ligaments attached to the bones, become less flexible and more constrained, which is expected to drive demand for casting and splinting products among the geriatric population.
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Global Casting and Splinting Products Market: Drivers
Increasing number of musculoskeletal injuries and fractures is expected to propel growth of the global casting and splinting products market over the forecast period. For instance, in 2014, 34% of all lost time claims were associated with sprain, strain, and tears of musculoskeletal tissue in the U.S., according to an article published by EWI Works.
Moreover, increasing number of road accidents is also expected to propel growth of the global casting and splinting products market over the forecast period. For instance, in 2013, the East Asia-Pacific region recorded over 153,000 fatalities from road accidents, according to the World Health Organization.
North America is expected to witness significant growth in the global casting and splinting products market, owing to increasing geriatric population. For instance, in 2015, around 901 million people were over 60 years of age and this number is expected to reach 1.4 billion by 2030 and to 2.1 billion by 2050, according to United Nations data. The market growth is also driven by increasing cases of sports-related injuries. For instance, according to the National High School Sports-Related Injury Surveillance Study 2017-2018, 1,367,490 cases of sport-related were recorded in high schools in the U.S.
Major players in the global casting and splinting products market are focused on adopting partnership and collaboration strategies to enhance their market share. For instance, in November 2018, DJO Global, Inc., a provider of orthopedic technologies, partnered with SirenMD, a workplace collaboration platform, to become the exclusive sales representative for SirenMD’s sports team market.
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Global Casting and Splinting Products Market: Competitive Landscape
Major players operating in the global casting and splinting products market include, 3M Healthcare, AliMed, Bird & Cronin Inc., Corflex Inc., DeRoyal Industries, Patterson Medical Holdings Inc., Svenska Cellulosa Aktiebolaget, Stryker Corporation, and Prime Medicals, and Zimmer Inc.
Global Casting and Splinting Products Market: Key Takeaways
Major players operating in the global casting and splinting products market are focused on adopting merger and acquisition strategies to expand their product portfolio. For instance, in April 2017, Svenska Cellulosa Aktiebolaget acquired BSN Medical, a medical solution company.
Global Casting and Splinting Products Market: Segmentation
By Product Type:
By Material Type:
- Plaster of Paris
By End User:
- Ambulatory Surgical Centers
𝗚𝗲𝘁 𝗙𝗹𝗮𝘁 𝟯𝟬% 𝗢𝗙𝗙
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Casting and Splinting Products Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Casting and Splinting Products Industry Impact
Chapter 2 Global Casting and Splinting Products Competition by Types, Applications, and Top Regions and Countries
2.1 Global Casting and Splinting Products (Volume and Value) by Type
2.3 Global Casting and Splinting Products (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Casting and Splinting Products Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Casting and Splinting Products Market Analysis
Chapter 6 East Asia Casting and Splinting Products Market Analysis
Chapter 7 Europe Casting and Splinting Products Market Analysis
Chapter 8 South Asia Casting and Splinting Products Market Analysis
Chapter 9 Southeast Asia Casting and Splinting Products Market Analysis
Chapter 10 Middle East Casting and Splinting Products Market Analysis
Chapter 11 Africa Casting and Splinting Products Market Analysis
Chapter 12 Oceania Casting and Splinting Products Market Analysis
Chapter 13 South America Casting and Splinting Products Market Analysis
Chapter 14 Company Profiles and Key Figures in Casting and Splinting Products Business
Chapter 15 Global Casting and Splinting Products Market Forecast (2021-2027)
Chapter 16 Conclusions
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