Press release
Casting and Splinting Market Projected to Reach $4.28 Billion by 2030, Driven by Rising Orthopedic Injuries
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ ?๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐๐๐๐-19 ๐จ๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
The COVID-19 pandemic has had a notable impact on the casting and splinting market. The report provides an analysis of how market leaders, followers, and disruptors have navigated the challenges posed by the pandemic, reflecting changes in sales revenue and market dynamics.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ: ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The casting and splinting market is poised for healthy growth due to several key factors:
โขIncreasing Musculoskeletal Injuries: The rise in vehicular accidents and sports-related injuries globally has significantly boosted the demand for casting and splinting devices.
โขAging Population: A growing geriatric population is more susceptible to age-related orthopedic conditions, further driving market growth.
โข Technological Innovations: Advances in casting and splinting materials, such as fiberglass and polyester tapes, offer improved patient comfort and ease of use, enhancing market demand.
โข Eco-Friendly Solutions: The introduction of eco-friendly materials in casting and splinting products is gaining traction, aligning with global sustainability trends.
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
The global casting and splinting market is set for robust growth, with its value expected to increase from USD 4.28 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.28% during the forecast period. This growth is attributed to the rising incidence of musculoskeletal injuries and advancements in casting and splinting technology.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/46313/
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
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.)
Over the course of the forecast period, cast cutters are anticipated to dominate the market and hold the biggest market share. This is due to technological improvements including the use of vacuum-based cutters and cast cutters with ergonomic designs, which allow for quick, injury-free cast removal and blade adjustment. The splinting section is divided into four categories: other splints, fiberglass splints, plaster splints, and splinting equipment & accessories. Advanced items like wooden, plastic, neoprene, and metal splints are included in the other splints sector. The benefits of alternative splinting materials, such as the simplicity of manufacturing plastic splints that enable quick customization and the high strength and versatility of neoprene splints, are projected to drive growth in this market throughout the forecast period.
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐
Casts and splints are essential orthopedic devices used to support and protect fractured or injured bones and joints. Casts, typically made from fiberglass or plaster, fully encase the injury and require professional removal. Splints, on the other hand, partially encase the injury, providing flexibility and ease of use. These devices are crucial in immobilizing the injured area, ensuring proper healing.
๐๐๐ค๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/46313/
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
The major objective of the Casting and Splinting Market report is to analyze the current and future market scenarios. Global demand, income generation, sales and revenue have been provided in the Casting and Splinting market report. Creating distinct segments is expected to allow clients to learn about different growth components that are likely to be similar across the Casting and Splinting industry, as well as build your own paths to help you uncover contrasts across the major application areas in your target market. The leading players in the Casting and Splinting industry including market leaders, new entrants and followers are also included in the report. This analysis includes the historical trends, revenue, capacity, cost structure, and major drivers of the Casting and Splinting market.
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ??
Geographically, the Asia Pacific region is expected to dominate the global casting and splinting market. Countries such as China, India, Japan, and Korea, with their high incidences of road accidents and a large aging population, are major contributors to market growth. The region's manufacturing capabilities and lower production costs attract significant investments, further boosting market expansion.
North America follows as a key market, driven by advanced production techniques, high demand for orthopedic treatments, and favorable reimbursement policies. Europe is also expected to see moderate growth due to the high prevalence of age-related orthopedic disorders.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Major players in the casting and splinting market, such as Stryker Corporation, Prime Medicals, BSN Medical, and 3M Healthcare, are focusing on technological innovations and strategic regional expansions. Recent trends include outsourcing and licensing of marketing activities to optimize operations and reach a broader customer base.
๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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
๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The detailed report on the casting and splinting market offers a comprehensive analysis, including a study of key players, market trends, and growth projections. It uses analytical tools like PORTER, SVOR, and PESTEL to assess the potential impact of various factors on market dynamics. This thorough approach provides stakeholders with valuable insights into market structure, competitive landscape, and future opportunities.
As the demand for effective orthopedic treatments continues to rise, the casting and splinting market is poised for significant growth. With ongoing innovations and a focus on sustainability, the market is well-positioned to meet the needs of a growing global population.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/casting-and-splinting-market/46313/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฉ๐ฅ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Casting and Splinting?
What is the growth rate of the Casting and Splinting Market?
Which are the factors expected to drive the Casting and Splinting market growth?
What are the different segments of the Casting and Splinting Market?
What are the factors restraining the growth of the Casting and Splinting Market?
What is the demand pattern of the Casting and Splinting Market?
What major challenges could the Casting and Splinting Market face in the future?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Market Share, Size & Forecast by Revenue | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis of segments and sub-segments
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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