Market Overview:
The global hospital braces and support casting and splints market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of sports injuries, rising geriatric population, and growing demand for advanced treatment options. In addition, technological advancements in the field of braces & support, casting supplies, and splinting supplies are also contributing to the growth of this market. However, high cost associated with these products may restrain the growth of this market in some regions. Based on type, braces & support held a dominant share in 2017 owing to its wide usage for treating various orthopedic conditions such as ligament injury, preventive care (e.g., post-operative care), and osteoarthritis. Casting supplies is expected to be the fastest-growing segment during the forecast period due to its increasing use for complex fracture management procedures. Based on application, ligament injury was observed as one of the most common applications for hospital braces & supports in 2017 followed by preventive care (post-operative) and osteoarthritis respectively. Casting supplies are widely used across all major applications such as ligament injury prevention/treatment; fracture fixation; deformity correction; hand surgery/rehabilitation; pediatric rehabilitation etc.
Product Definition:
A brace is a device used to support or align a body part. A cast is a rigid, waterproof covering that immobilizes an injured body part in order to promote healing. A splint is similar to a cast but it can be removed for bathing and dressing the wound. Hospital braces and support casting and splints are used to hold broken bones in place, reduce pain, and speed up the healing process.
Braces & Support:
Braces and support are used to correct deformities in the body. They are mainly used for supporting or stabilizing a broken bone, but they can be used for other medical conditions as well. Braces and splints play an important role in healing because it helps the body's natural curative processes by reducing pain, inflammation, swelling, and aiding movement.
Casting Supplies:
Casting supplies are all the materials required to make a mold or model of any part. It can be used for making splints, castings, and braces. The material is usually made up of plaster which is then hardened by heat or chemicals.
Application Insights:
The ligament injury segment dominated the market in terms of revenue share in 2017. This is due to an increase in the number of patients suffering from sports-related injuries and a rise in the incidence of knee osteoarthritis. According to a study published by NCBI, it is estimated that around 54 million Americans above 14 years age suffer from some form of arthritis every year. Moreover, according to data published by CDC, around 1 out of 3 adults aged between 18 and 64 have at least one chronic condition such as heart disease or cancer which increases their risk for developing other conditions like mobility impairment or arthritis during old age. These factors are anticipated to drive product demand over the forecast period.
Preventive care was another prominent application segment owing to an increase in geriatric population base across various regions coupled with rising awareness regarding health issues including dental problems.
Regional Analysis:
North America dominated the global hospital braces and support casting and splints market in 2017. The presence of well-developed healthcare infrastructure, favorable reimbursement policies, high awareness levels coupled with relatively higher healthcare expenditure levels in this region are some of the factors responsible for its large share.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing government initiatives pertaining to prevention & treatment of sports injuries as well as osteoarthritis. For instance, according to a study published by National Center for Biotechnology Information (NCBI), from 2000 till 2016 there was an increase in prevalence rate of osteoarthritis from 3%to 6%. This indicates that there is a need for supportive products such as casts and splints which can reduce joint pain associated with OA or sprains among patients suffering from osteoarthritis or sports injuries among athletes. Such initiatives are also likely to boost demand over the forecast period.
Growth Factors:
- Increasing incidence of bone and joint disorders: The global hospital braces and support casting and splints market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing incidence of bone and joint disorders, such as osteoarthritis, rheumatoid arthritis, and fractures.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 7.8% during the forecast period, which is likely to drive the demand for hospital braces and support casting and splints products over the next few years.
- Rising awareness about benefits offered by hospital braces and support casting and splints: There has been an increase in awareness about the benefits offered by these products in recent years, which is likely to boost their demand in hospitals across the globe over the next few years.
- Technological advancements: The development of new technologies has led to innovations in hospital bracesand support castingand splints productsin recent years, thereby enhancing their efficacyand usabilityamong patients globally .Thisis anticipatedto fuelthe growthoftheglobalhospitalbracesandsupportcastingandsplintsmarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital Braces and Support Casting and Splints Market Research Report
By Type
Braces & Support, Casting Supplies, Splinting Supplies
By Application
Ligament Injury, Preventive Care, Osteoarthritis
By Companies
DJO Global, Ottobock, Ossur, 3M Company, Bauerfeind, DeRoyal, Medi GmbH & Co., Zimmer, Lohmann & Rauscher, Breg, DJO Global, ORTEC, BSN Medical, Tynor Orthotics, DUK-IN, Prime Medical, Adhenor, Aspen, Rcai, Truelife, Huici Medical, Dynamic Techno Medicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Hospital Braces and Support Casting and Splints Market Report Segments:
The global Hospital Braces and Support Casting and Splints market is segmented on the basis of:
Types
Braces & Support, Casting Supplies, Splinting Supplies
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ligament Injury, Preventive Care, Osteoarthritis
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DJO Global
- Ottobock
- Ossur
- 3M Company
- Bauerfeind
- DeRoyal
- Medi GmbH & Co.
- Zimmer
- Lohmann & Rauscher
- Breg
- DJO Global
- ORTEC
- BSN Medical
- Tynor Orthotics
- DUK-IN
- Prime Medical
- Adhenor
- Aspen
- Rcai
- Truelife
- Huici Medical
- Dynamic Techno Medicals
Highlights of The Hospital Braces and Support Casting and Splints Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Braces & Support
- Casting Supplies
- Splinting Supplies
- By Application:
- Ligament Injury
- Preventive Care
- Osteoarthritis
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hospital Braces and Support Casting and Splints Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hospital braces and support casting and splints are devices used to help maintain the alignment of bones in the face. Hospital braces are typically made of metal or plastic and fit around the teeth, cheeks, or jawbone. They may also include a band that goes around the head. Support castings are molds of a person's teeth that are filled with plaster or other material to create an exact replica of each tooth. Splints provide temporary support for broken bones while they heal.
Some of the key players operating in the hospital braces and support casting and splints market are DJO Global, Ottobock, Ossur, 3M Company, Bauerfeind, DeRoyal, Medi GmbH & Co., Zimmer, Lohmann & Rauscher, Breg, DJO Global, ORTEC, BSN Medical, Tynor Orthotics, DUK-IN, Prime Medical, Adhenor, Aspen, Rcai, Truelife, Huici Medical, Dynamic Techno Medicals.
The hospital braces and support casting and splints market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospital Braces and Support Casting and Splints Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hospital Braces and Support Casting and Splints Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital Braces and Support Casting and Splints Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hospital Braces and Support Casting and Splints Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hospital Braces and Support Casting and Splints Market Size & Forecast, 2018-2028
4.5.1 Hospital Braces and Support Casting and Splints Market Size and Y-o-Y Growth
4.5.2 Hospital Braces and Support Casting and Splints Market Absolute $ Opportunity
Chapter 5 Global Hospital Braces and Support Casting and Splints Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hospital Braces and Support Casting and Splints Market Size Forecast by Type
5.2.1 Braces & Support
5.2.2 Casting Supplies
5.2.3 Splinting Supplies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hospital Braces and Support Casting and Splints Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hospital Braces and Support Casting and Splints Market Size Forecast by Applications
6.2.1 Ligament Injury
6.2.2 Preventive Care
6.2.3 Osteoarthritis
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital Braces and Support Casting and Splints Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hospital Braces and Support Casting and Splints Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hospital Braces and Support Casting and Splints Analysis and Forecast
9.1 Introduction
9.2 North America Hospital Braces and Support Casting and Splints Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hospital Braces and Support Casting and Splints Market Size Forecast by Type
9.6.1 Braces & Support
9.6.2 Casting Supplies
9.6.3 Splinting Supplies
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hospital Braces and Support Casting and Splints Market Size Forecast by Applications
9.10.1 Ligament Injury
9.10.2 Preventive Care
9.10.3 Osteoarthritis
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hospital Braces and Support Casting and Splints Analysis and Forecast
10.1 Introduction
10.2 Europe Hospital Braces and Support Casting and Splints Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hospital Braces and Support Casting and Splints Market Size Forecast by Type
10.6.1 Braces & Support
10.6.2 Casting Supplies
10.6.3 Splinting Supplies
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hospital Braces and Support Casting and Splints Market Size Forecast by Applications
10.10.1 Ligament Injury
10.10.2 Preventive Care
10.10.3 Osteoarthritis
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hospital Braces and Support Casting and Splints Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hospital Braces and Support Casting and Splints Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hospital Braces and Support Casting and Splints Market Size Forecast by Type
11.6.1 Braces & Support
11.6.2 Casting Supplies
11.6.3 Splinting Supplies
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hospital Braces and Support Casting and Splints Market Size Forecast by Applications
11.10.1 Ligament Injury
11.10.2 Preventive Care
11.10.3 Osteoarthritis
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hospital Braces and Support Casting and Splints Analysis and Forecast
12.1 Introduction
12.2 Latin America Hospital Braces and Support Casting and Splints Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hospital Braces and Support Casting and Splints Market Size Forecast by Type
12.6.1 Braces & Support
12.6.2 Casting Supplies
12.6.3 Splinting Supplies
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hospital Braces and Support Casting and Splints Market Size Forecast by Applications
12.10.1 Ligament Injury
12.10.2 Preventive Care
12.10.3 Osteoarthritis
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hospital Braces and Support Casting and Splints Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hospital Braces and Support Casting and Splints Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hospital Braces and Support Casting and Splints Market Size Forecast by Type
13.6.1 Braces & Support
13.6.2 Casting Supplies
13.6.3 Splinting Supplies
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hospital Braces and Support Casting and Splints Market Size Forecast by Applications
13.10.1 Ligament Injury
13.10.2 Preventive Care
13.10.3 Osteoarthritis
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hospital Braces and Support Casting and Splints Market: Competitive Dashboard
14.2 Global Hospital Braces and Support Casting and Splints Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJO Global
14.3.2 Ottobock
14.3.3 Ossur
14.3.4 3M Company
14.3.5 Bauerfeind
14.3.6 DeRoyal
14.3.7 Medi GmbH & Co.
14.3.8 Zimmer
14.3.9 Lohmann & Rauscher
14.3.10 Breg
14.3.11 DJO Global
14.3.12 ORTEC
14.3.13 BSN Medical
14.3.14 Tynor Orthotics
14.3.15 DUK-IN
14.3.16 Prime Medical
14.3.17 Adhenor
14.3.18 Aspen
14.3.19 Rcai
14.3.20 Truelife
14.3.21 Huici Medical
14.3.22 Dynamic Techno Medicals
