Press release
Casting and Splinting Market Revenue Growth, Report Based on Development And Scope
1.9.2023 : The Casting and Splinting Market is expected to exhibit CAGR of 6.28% during the forecast period, with a projected market size of nearly USD 4.02 billion by 2029.Casting and Splinting Market Report Scope and Research Methodology
Report Scope: This comprehensive research report delves into the global Casting and Splinting Market, providing insights into its market size, growth prospects, key drivers, restraints, and regional analysis.
Research Methodology: Our study employs a rigorous research methodology that considers the impact of the COVID-19 pandemic on market leaders, followers, and disruptors. This impact is reflected in our analysis.
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What are Casting and Splinting Market Dynamics?
Drivers:
The global Casting and Splinting Market is poised for healthy growth due to several key factors: Increased Musculoskeletal Issues: Rising occurrences of musculoskeletal problems across all age groups contribute to market growth.
Vehicle Accidents: The surge in vehicle accidents worldwide results in a higher incidence of musculoskeletal injuries, driving market expansion.
Sports and Adventure Activities: Orthopedic injuries stemming from sports and adventure-related games or activities add to the demand for casting and splinting solutions.
Aging Population: The high geriatric population base leads to a greater frequency of age-related orthopedic ailments, promoting market growth.
Innovations in Materials: Innovations in casting and splinting materials, such as fiberglass and polyester tape, offer enhanced patient comfort, ease of removal, and improved aesthetics, driving market adoption.
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Casting and Splinting Market Segmentation?
by Product Type
Casting Supplies and Equipment
Plaster Casts
Casting Tapes
Cast Cutters
Casting Tools and Accessories (Covers, Padding, Scissors, etc.)
Splinting Supplies and Equipment
Fiberglass Splints
Plaster Splints
Other Splints (Wooden, Polyester, Neoprene, Plastic, Metal, etc.)
Splinting Tools and Accessories (Covers, Padding, Fasteners, etc.)
Who are Casting and Splinting Market Key Players?
1. Stryker Corporation,
2. Prime Medical Inc.,
3. 3M Healthcare,
4. BSN Medical GmbH,
5. AliMed,
6. Corflex Inc.,
7. DeRoyal Industries,
8. Patterson Medical Holdings Inc.,
9. Zimmer Inc.,
10.Bird & Cronin Inc.,
11.DJO, LLC,
12.Orfit Industries n.v.,
13.Ossur hf.,
14.Spencer Italia S.r.l.
15.Svenska Cellulosa Aktiebolaget
16.Stryker Corporation
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Regional Insights:
Asia Pacific: Highly populated countries like China, India, Japan, and Korea experience a high incidence of road accidents, orthopedic injuries, and a growing geriatric population. This region accounted for the largest market share in 2022, and it is expected to continue its growth .
North America: The North American market is expected to hold a significant share due to increasing musculoskeletal injuries and fractures. Robust research activities, advanced production techniques, and well-planned reimbursement policies are driving market expansion. By the end of the forecast period .
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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