Market Overview:
The global stabilization 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 awareness about early diagnosis and treatment of such disorders, and technological advancements in the field of stabilization splints. The global stabilization splint market is segmented on the basis of type, application, and region. On the basis of type, it is divided into fiberglass splints, polyester splints, and others (including silicone-based and metal-based). The fiberglasssplint segment dominates this market owing to its high strength-to-weight ratio as well as its resistance against corrosion and moisture ingress. On the basis of application, it is divided into hospital settingsand orthopedic clinics. The hospital settingsegment dominates this market due tothe growing numberof surgeries being performed in hospitals globally. Regionally speaking, North America accounts for themajor shareof thismarketdue tobethe high prevalenceof musculoskeletal disordersinthis region coupled withthe availability oftreatment optionsand advanced medical infrastructure .
Product Definition:
A stabilization splint is a device used to immobilize a body part, typically an arm or a leg. It is often used after an injury has occurred in order to keep the injured area from moving and to protect it from further damage.
Fiberglass Splints:
Fiberglass splints are made from glass fibers that have been coated with a resin. The coating on the glass helps it to bind with itself and other materials such as plastics, which makes it strong. It is used in various applications due to its properties such as high tensile strength, durability, elasticity & flexibility and low thermal expansion among others.
Polyester Splints:
Polyester splints are made from synthetic fibers and are used as a supportive device in the treatment of fractures, sprains, & ligament injuries. They have high tensile strength and durability which makes them an ideal choice for medical use. The material is resistant to chemicals, moisture, oils & fuels making it suitable for long term patient care.
Application Insights:
The global market is segmented by application into hospital, orthopedic clinic and others. The hospital segment dominated the market in 2017 owing to rising cases of trauma and burn injuries across the globe. According to WHO, around 50 million people suffer from injuries every year with about 15% of these occurring at home. In addition, an estimated 1-2 million people die due to these injuries every year making it one of the leading causes of death worldwide.
The orthopedic clinics are expected to be the fastest growing segment over the forecast period owing to increasing cases of sports-related as well as road accidents across various regions including North America and Europe.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, availability of technologically advanced products, and high incidence rate of sports injuries. The region is expected to maintain its dominance over the forecast period due to increasing awareness about various treatment options, presence of well-established healthcare facilities & hospitals, and growing demand for quality medical devices.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due rising number of road accidents in developing countries such as India & China. In addition, increasing prevalence of osteoporosis coupled with rise in geriatric population will drive growth during the forecast period.
Growth Factors:
- Increasing incidence of sports injuries: The increasing incidence of sports injuries is one of the key growth drivers for the stabilization splint market. According to a study by the Centers for Disease Control and Prevention (CDC), in the U.S., an estimated 2 million people get injured while playing sports every year, which leads to approximately 300,000 hospital visits. This is expected to drive demand for stabilization splints in the coming years.
- Rising awareness about benefits of using stabilization splints: There is a growing awareness among people about the benefits of using stabilization splints, which is driving demand for these devices worldwide. Stabilization splints help in providing relief from pain and swelling, and improve healing process by immobilizing injured body parts. This is expected to boost demand for these devices in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stabilization 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Stabilization Splint Market Report Segments:
The global Stabilization 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 Stabilization 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 Stabilization 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?
A stabilization splint is a type of splint that is used to stabilize a fracture. It helps to keep the bone in place and can be used until the fracture has healed.
Some of the major players in the stabilization splint market are DJO, 3M Healthcare, BSN Medical, ƒâ€“ssur, Lohmann & Rauscher, DeRoyal, Zimmer Biomet, ORFIT, Parker Medical Associates, Mika‚ Medical, Darco, Spencer.
The stabilization splint market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stabilization Splint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stabilization Splint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stabilization Splint Market - Supply Chain
4.5. Global Stabilization Splint Market Forecast
4.5.1. Stabilization Splint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stabilization Splint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stabilization Splint Market Absolute $ Opportunity
5. Global Stabilization Splint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stabilization Splint Market Size and Volume Forecast by Type
5.3.1. Fiberglass Splints
5.3.2. Polyester Splints
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stabilization Splint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stabilization Splint Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Orthopedic Clinic
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stabilization Splint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stabilization Splint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stabilization Splint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stabilization Splint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stabilization Splint Demand Share Forecast, 2019-2026
9. North America Stabilization Splint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stabilization Splint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stabilization Splint Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Orthopedic Clinic
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stabilization Splint Market Size and Volume Forecast by Type
9.7.1. Fiberglass Splints
9.7.2. Polyester Splints
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stabilization Splint Demand Share Forecast, 2019-2026
10. Latin America Stabilization Splint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stabilization Splint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stabilization Splint Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Orthopedic Clinic
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stabilization Splint Market Size and Volume Forecast by Type
10.7.1. Fiberglass Splints
10.7.2. Polyester Splints
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stabilization Splint Demand Share Forecast, 2019-2026
11. Europe Stabilization Splint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stabilization Splint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stabilization Splint Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Orthopedic Clinic
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stabilization Splint Market Size and Volume Forecast by Type
11.7.1. Fiberglass Splints
11.7.2. Polyester Splints
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stabilization Splint Demand Share, 2019-2026
12. Asia Pacific Stabilization Splint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stabilization Splint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stabilization Splint Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Orthopedic Clinic
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stabilization Splint Market Size and Volume Forecast by Type
12.7.1. Fiberglass Splints
12.7.2. Polyester Splints
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stabilization Splint Demand Share, 2019-2026
13. Middle East & Africa Stabilization Splint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stabilization Splint Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stabilization Splint Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Orthopedic Clinic
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stabilization Splint Market Size and Volume Forecast by Type
13.7.1. Fiberglass Splints
13.7.2. Polyester Splints
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stabilization Splint Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stabilization Splint Market: Market Share Analysis
14.2. Stabilization Splint Distributors and Customers
14.3. Stabilization Splint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DJO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BSN Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Össur
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lohmann & Rauscher
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DeRoyal
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zimmer Biomet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ORFIT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Parker Medical Associates
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mika Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Darco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spencer
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
