Market Overview:
The global hospital casting and splinting products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of fractures and musculoskeletal injuries, rising awareness about advanced casting and splinting products, and growing demand for minimally invasive procedures. Based on type, the global hospital casting and splinting products market is segmented into castings and splints. Castings are further sub-segmented into traditional plaster casts, synthetic casts, fiberglass casts, and others (including carbon fiber casts). Splints are sub-segmented into rigid splints and softsplints. Rigid splints are made up of hard materials such as metal or plastic while softsplints are made up of flexible materials such as cloth or foam rubber. Based on application, the global hospital castingand Splinting Products Market is segmented into fracturesand musculoskeletal injuries. Musculoskeletal injuries include sports injuries,, tendonitis,, carpal tunnel syndrome,, etc., while fractures include open fracture,, closed fracture), pathological fracture), etc.). Latin America,. Europe,. Asia Pacific,.
Product Definition:
Hospital Casting and Splinting Products are medical devices that are used to help stabilize or immobilize a broken bone. They may also be used to provide support for an injured joint. The products can be made from a variety of materials, including plaster, fiberglass, or plastic.
Casting:
Casting is the process of removing a broken or damaged bone. It helps in realigning the bone and stabilizing it to promote healing. In addition, it also provides pain relief to patients by reducing inflammation and swelling. The global casting market is expected to witness significant growth over the forecast period owing to increasing incidences of musculoskeletal disorders coupled with rising awareness regarding self-care among patients.
Splinting:
Hospital casting and splinting products are used to correct deformities in the body. They are also used for providing temporary support to injured or disabled people. The product is available in different forms such as rigid, semi-rigid, and soft splints which can be customized as per the requirement of patient’s foot & ankle, knee cap or wrist.
Application Insights:
The fracture segment dominated the global hospital casting and splinting products market in 2017 owing to rising number of trauma cases and increasing availability of advanced healthcare facilities. According to WHO, around 250,000 people die from fractures annually. Moreover, as per the National Safety Council (NSC), more than 685 million injuries are recorded globally every year. Increasing incidence of these injuries is driving the demand for fracture management solutions such as cast immobilizers & open limb protectors that help reduce movement pain & facilitate early healing process.
In addition, an increase in number of military personnel suffering from musculoskeletal disorders is expected to drive growth over the forecast period due to a rise in military operations across various regions including Africa.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing healthcare expenditure, and rising incidence of sports injuries. The region is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies for orthopedic castings and splints, growing geriatric population prone to bone fractures, and increasing healthcare expenditure.
The Asia Pacific market is anticipated to grow at a lucrative rate during the forecast period owing high growth opportunities in economies such as India & China on account of improving infrastructure facilities coupled with an increase in disposable income & consumer awareness about early diagnosis of osteoporosis related fractures.
Growth Factors:
- Increasing incidence of fractures and other bone injuries: The global hospital casting and splinting products market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing incidence of fractures and other bone injuries, especially in developed countries.
- Growing demand for minimally invasive procedures: The growing demand for minimally invasive procedures is another key growth driver for the global hospital casting and splinting products market. This can be attributed to the benefits offered by these procedures such as shorter recovery time, reduced pain, and fewer complications.
- Rising geriatric population: The rising geriatric population is also contributing to the growth of the global hospital casting and splinting products market as this population is more prone to bone injuries than younger age groups. In addition, with advancing age, bones become weaker making them susceptible to fractures even with minor trauma or falls.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital Casting and Splinting Products Market Research Report
By Type
Casting, Splinting
By Application
Fracture, Musculoskeletal Injuries
By Companies
3M, DJO Global, BSN Medical, Össur, Zimmer Biomet, Klarity Medical, Prime Medical, Kanglida Medical, Ansen, Renfu Medical, 3M, Brownmed, Ottobock, Bauerfeind, DeRoyal, Medi GmbH & Co.
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Hospital Casting and Splinting Products Market Report Segments:
The global Hospital Casting and Splinting Products market is segmented on the basis of:
Types
Casting, Splinting
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
Fracture, Musculoskeletal Injuries
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:
- 3M
- DJO Global
- BSN Medical
- Össur
- Zimmer Biomet
- Klarity Medical
- Prime Medical
- Kanglida Medical
- Ansen
- Renfu Medical
- 3M
- Brownmed
- Ottobock
- Bauerfeind
- DeRoyal
- Medi GmbH & Co.
Highlights of The Hospital Casting and Splinting Products 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:
- Casting
- Splinting
- By Application:
- Fracture
- Musculoskeletal Injuries
- 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 Casting and Splinting Products 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 casting and splinting products are medical devices that are used to help protect injured patients from further injury. These products can be used to create a cast or splint, which will help support the injured area and prevent movement.
Some of the major players in the hospital casting and splinting products market are 3M, DJO Global, BSN Medical, –ssur, Zimmer Biomet, Klarity Medical, Prime Medical, Kanglida Medical, Ansen, Renfu Medical, 3M, Brownmed, Ottobock, Bauerfeind, DeRoyal, Medi GmbH & Co..
The hospital casting and splinting products 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 Casting and Splinting Products 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 Casting and Splinting Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital Casting and Splinting Products 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 Casting and Splinting Products 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 Casting and Splinting Products Market Size & Forecast, 2018-2028
4.5.1 Hospital Casting and Splinting Products Market Size and Y-o-Y Growth
4.5.2 Hospital Casting and Splinting Products Market Absolute $ Opportunity
Chapter 5 Global Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Type
5.2.1 Casting
5.2.2 Splinting
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Applications
6.2.1 Fracture
6.2.2 Musculoskeletal Injuries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital Casting and Splinting Products 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 Casting and Splinting Products 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 Casting and Splinting Products Analysis and Forecast
9.1 Introduction
9.2 North America Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Type
9.6.1 Casting
9.6.2 Splinting
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 Casting and Splinting Products Market Size Forecast by Applications
9.10.1 Fracture
9.10.2 Musculoskeletal Injuries
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 Casting and Splinting Products Analysis and Forecast
10.1 Introduction
10.2 Europe Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Type
10.6.1 Casting
10.6.2 Splinting
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 Casting and Splinting Products Market Size Forecast by Applications
10.10.1 Fracture
10.10.2 Musculoskeletal Injuries
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 Casting and Splinting Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Type
11.6.1 Casting
11.6.2 Splinting
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 Casting and Splinting Products Market Size Forecast by Applications
11.10.1 Fracture
11.10.2 Musculoskeletal Injuries
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 Casting and Splinting Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Type
12.6.1 Casting
12.6.2 Splinting
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 Casting and Splinting Products Market Size Forecast by Applications
12.10.1 Fracture
12.10.2 Musculoskeletal Injuries
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 Casting and Splinting Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hospital Casting and Splinting Products 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 Casting and Splinting Products Market Size Forecast by Type
13.6.1 Casting
13.6.2 Splinting
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 Casting and Splinting Products Market Size Forecast by Applications
13.10.1 Fracture
13.10.2 Musculoskeletal Injuries
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 Casting and Splinting Products Market: Competitive Dashboard
14.2 Global Hospital Casting and Splinting Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 DJO Global
14.3.3 BSN Medical
14.3.4 Össur
14.3.5 Zimmer Biomet
14.3.6 Klarity Medical
14.3.7 Prime Medical
14.3.8 Kanglida Medical
14.3.9 Ansen
14.3.10 Renfu Medical
14.3.11 3M
14.3.12 Brownmed
14.3.13 Ottobock
14.3.14 Bauerfeind
14.3.15 DeRoyal
14.3.16 Medi GmbH & Co.
