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Global Casting and Splinting (Supplies and Equipment) Market : Future Demand, Market Analysis & Outlook to 2024

04-09-2019 02:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

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Casting and Splinting (Supplies and Equipment) Market

Casting and Splinting (Supplies and Equipment) Market

The latest report on Casting and Splinting (Supplies and Equipment) Market by Infinium Global Research gives complete coverage of the Casting and Splinting (Supplies and Equipment) Market by product type (casting supplies and equipment, and splinting supplies and equipment) in terms of key trends, market size, forecast and CAGR growth over the period of 2018 to 2024. In addition, the study covers deep dive into key product and applications trends in the regional markets of Casting and Splinting (Supplies and Equipment) such as North America, Europe, Asia-Pacific and Latin America over the short run and long run. The global casting and splinting (supplies and equipment) market is projected to grow at a CAGR of 6.4% over the forecast period of 2018-2024.

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Casting and Splinting (Supplies and Equipment) Market: Industry Insights

Casting and splinting sever to immobilize orthopedic injuries. A major difference between splint and cast is splint is a device used for healing soft tissues injuries such as traumatic injuries, sprain, and tendonitis; while where a minimal amount of swelling the cast is a treatment of choice. Splints can be performed by the material made with fiberglass, plaster or aluminum and cast are either of plaster of Paris or fiberglass. Casting and Splinting are used as a hard wrap to protect and support the injured part.

Casting and Splinting (Supplies and Equipment) Market: Drivers and Restraints

An increasing number of patients for orthopedic injuries and sports injuries drives the casting and splinting market. The youth under the age of thirties are speeding vehicle which led to an accident. Sports is also a major driver for the casting and splinting market due to the injuries faced by sports. A patient suffers from skin breakdown, infection and pressure sores after casting and splinting which may restrain the market. Lack of expertise for cast and splint is also restraining factor for the casting and splinting (supplies and equipment) market.

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Casting and Splinting (Supplies and Equipment) Market: Segmentation

Global Casting and Splinting (Supplies and Equipment) Market is segmented into product type, further into casting supplies and equipment and splinting supplies and equipment. Casting supplies and equipment are further classified into casting tapes, plaster casts, cast cutters, casting tools and accessories. And splinting supplies and equipment segmented into plaster splints, fiberglass splints and splinting tools and accessories. Casting supplies and equipment holds the highest market share as used commonly for bone fractures. In casting supplies and equipment, cast cutters are dominant in the market due to emerging technological advancement such as improvement by the major companies for development in the products. Vacuum-based cutter is introduced as an enhancement in the product that easily removes the cast.

Casting and Splinting (Supplies and Equipment) Market: Regional Analysis

Global Casting and Splinting (Supplies and Equipment) Market is regionally segmented into North America, Europe, Asia-Pacific and Rest of World (RoW). Asia-Pacific dominates the market due to an increase in the development of the products. Majorly the road accident and orthopedic injuries are driving the market. According to the World Health Organization (WHO), approximately 1.35 million people die due to road crashes every year. North America holds the second position in the market due to the increasing geriatric population and speeding with vehicles.

Browse Complete Global Report and Detailed TOC: https://www.infiniumglobalresearch.com/industry-automation/global-casting-and-splinting-supplies-and-equipment-market

Casting and Splinting (Supplies and Equipment) Market: Competitive Analysis

The major companies included in Global Casting and Splinting (Supplies and Equipment) Market are Bird & Cronin, Inc., Corflex, Inc., AliMed, Inc., DJO, LLC, ORFIT INDUSTRIES NV, Patterson Medical Holdings, Inc. Spencer Italia S.r.l., Össur Corporate, Zimmer, Inc., and Stryker Corporation. Product innovation, collaboration and acquisitions & mergers are the key parameters to remain competitive and to gain greater market share.

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Infinium Global Research
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