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Orthopedic Splints and Casts Market is Booming 2019 | By Top Players 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
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.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.
Increasing incidence of trauma associated with road accidents, falls, and sports injuries causing severe skeletal injuries is expected to propel the orthopedic splints and casts market growth. According to the Global Burden of Disease report published by Lancet in 2015, road injuries is one of leading causes amongst 20 causes of the disease burden worldwide.
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Also, according to World Health Organization factsheet 2018, road accidents cause between 20 million and 50 million injuries every year, worldwide and is the leading cause of death among people aged 15-29 years. Also, over 1.25 million people die each year as a result of road traffic crashes.
Furthermore, falls from height cause serious injuries, leading to hip or knee fractures, bruises, and head trauma. According to World Health Organization (WHO), 2018, around 37.3 million falls requiring medical attention were recorded, where an estimated 646,000 individuals die from falls globally, every year.
Development of casts with open-lattice plastic design and through innovative technologies is also expected to boost sales of casting and splinting products worldwide, thus propelling the market growth.
For instance, in 2016, Xkelet EasyLife SL, using its 3D printing technology developed 3-D-printed casts providing waterproof, customized, and comfortable option to patients, where the scanner gathers specifications of the broken limb, and a design software program builds a personalized cast. Also, printing casts eliminates the variability of hand molding, whereas the openings allow doctors to easily assess skin health and ease the re-dressing of wounds, which may reduce the number of follow-up visits, thus increasing the adoption of these splints across medical facilities.
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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.
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