Market Overview:
The global orthopedics external fixation splint 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 musculoskeletal disorders, rising geriatric population, and technological advancements in external fixation splints. Based on type, the global orthopedics external fixation splint market is segmented into fiberglass splints, polyester splints, and others. The fiberglasssplint segment is expected to account for the largest share of the global orthopedicsexternal fixation Splint Market in 2018 owing to its high strength and durability.
Product Definition:
An orthopedics external fixation splint is a device that is used to stabilize and immobilize bones and joints. It may be used to treat a variety of injuries or conditions, including fractures, dislocations, and sprains. The orthopedics external fixation splint is often used in combination with other treatments, such as surgery or physical therapy.
Fiberglass Splints:
Fiberglass splints are made of glass fibers and plastic resin. It is a type of splint that is used in orthopedic procedures to stabilize damaged bones during the healing process. Fiberglass splints are also used as an external fixator in joint reconstruction surgeries, which helps to keep the bone aligned and stabilized until the body finishes its natural processes of healing.
The global fiberglass splint market size was valued at USD 1,1956 million in 2015.
Polyester Splints:
Polyester splints are made of plastic and are available in various colors. They can be customized according to the requirements by cutting them into desired shapes and sizes. Polyester is a type of synthetic fiber that is produced from chemical synthesis or polymerization. It has high strength, excellent resistance to solvents, ultraviolet rays, and most chemicals; it also has good dimensional stability under stress.
Application Insights:
The knee orthopedic application segment dominated the global external fixation splint market in 2017, accounting for a share of over 60.0% owing to rising incidence of knee injuries and associated conditions such as osteoarthritis and rheumatoid arthritis. According to the CDC, around 54 million Americans aged between 18-64 years have suffered from sports or non-sports related anterior cruciate ligament (ACL) injuries during recreational activities or sports participation. Moreover, this segment is expected to witness lucrative growth due to increasing number of total knee replacement procedures performed worldwide.
The hip orthopedic application segment accounted for a significant share in 2017 owing to rising prevalence of hip disorders such as osteoporosis and impingement syndrome which leads to chronic pain in the area surrounding the hips joint. According these conditions, patients need an external fixator which can provide stability while they heal after surgery along with improved mobility after recovery period ends thus driving its demand over forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high patient awareness levels coupled with relatively higher healthcare expenditure levels. The orthopedic splint is a medical device and as such it gets reimbursed under the Medicare and Medicaid programs in U.S., which accounts for a major share of its demand. In addition, increasing road accidents are leading to growing incidence of bone injuries among pedestrians and cyclists, thereby boosting product demand in North America region.
Asia Pacific is expected to grow at the fastest rate during forecast period due to rising geriatric population base that requires long-term care as well as an increase in sports injuries & trauma cases resulting from rapid urbanization & industrialization along with rise in border disputes between India & China (Arunachal Pradesh) has led to influx of patients seeking treatment at hospitals located far away from their native place thus creating huge opportunity for orthopedic devices manufacturers over next eight years.
Growth Factors:
- Increasing incidence of fractures and bone injuries: The increasing incidence of fractures and bone injuries is one of the key growth drivers for the orthopedics external fixation splint market. This is because external fixation splints are used to treat such conditions.
- Growing geriatric population: The growing geriatric population is another key growth driver for the orthopedics external fixation splint market, as this population is more prone to bone injuries and fractures.
- Rising awareness about benefits of using external fixation splints: There has been a rise in awareness about the benefits of using external fixation splints in recent years, which has helped fuel the growth of this market.
- Technological advancements: The advent of new technologies has led to the development of better and more advanced types External Fixation Splint products, which has helped boost demand for these devices globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopedics External Fixation Splint Market Research Report
By Type
Fiberglass Splints, Polyester Splints, Others
By Application
Hospital, Orthopedic Clinic
By Companies
DJO, 3M Healthcare, BSN Medical, Össur, Lohmann & Rauscher, DeRoyal, Zimmer Biomet, ORFIT, Parker Medical Associates, Mika Medical, Darco, Spencer
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Orthopedics External Fixation Splint Market Report Segments:
The global Orthopedics External Fixation Splint market is segmented on the basis of:
Types
Fiberglass Splints, Polyester Splints, Others
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
Hospital, Orthopedic Clinic
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
- 3M Healthcare
- BSN Medical
- Össur
- Lohmann & Rauscher
- DeRoyal
- Zimmer Biomet
- ORFIT
- Parker Medical Associates
- Mika Medical
- Darco
- Spencer
Highlights of The Orthopedics External Fixation Splint 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:
- Fiberglass Splints
- Polyester Splints
- Others
- By Application:
- Hospital
- Orthopedic Clinic
- 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 Orthopedics External Fixation Splint 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?
An orthopedics external fixation splint is a type of medical device that is used to stabilize a joint. It helps to keep the joint in its correct position and can be used to treat a variety of injuries, including fractures, dislocations, and arthritis.
Some of the major companies in the orthopedics external fixation splint market are DJO, 3M Healthcare, BSN Medical, –ssur, Lohmann & Rauscher, DeRoyal, Zimmer Biomet, ORFIT, Parker Medical Associates, Mika Medical, Darco, Spencer.
The orthopedics external fixation splint 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 Orthopedics External Fixation Splint 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 Orthopedics External Fixation Splint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Orthopedics External Fixation Splint 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 Orthopedics External Fixation Splint 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 Orthopedics External Fixation Splint Market Size & Forecast, 2020-2028
4.5.1 Orthopedics External Fixation Splint Market Size and Y-o-Y Growth
4.5.2 Orthopedics External Fixation Splint Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Fiberglass Splints
5.2.2 Polyester Splints
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Orthopedic Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Orthopedics External Fixation Splint 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 Orthopedics External Fixation Splint 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Fiberglass Splints
9.6.2 Polyester Splints
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Orthopedic Clinic
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Fiberglass Splints
10.6.2 Polyester Splints
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Orthopedic Clinic
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Fiberglass Splints
11.6.2 Polyester Splints
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Orthopedic Clinic
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Fiberglass Splints
12.6.2 Polyester Splints
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Orthopedic Clinic
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Fiberglass Splints
13.6.2 Polyester Splints
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Orthopedic Clinic
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 Orthopedics External Fixation Splint Market: Competitive Dashboard
14.2 Global Orthopedics External Fixation Splint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJO
14.3.2 3M Healthcare
14.3.3 BSN Medical
14.3.4 Össur
14.3.5 Lohmann & Rauscher
14.3.6 DeRoyal
14.3.7 Zimmer Biomet
14.3.8 ORFIT
14.3.9 Parker Medical Associates
14.3.10 Mika Medical
14.3.11 Darco
14.3.12 Spencer
