Casting and Splinting Market Size, Global Industry Share, Recent

Data Bridge Market Research analyses that the global casting and splinting market was valued at USD 2.67 billion, by 2022 and is expected to reach the value of USD 4.48 billion by 2030, at a CAGR of 6.7% during the forecast period of 2023 to 2030.

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Casting and Splinting s The market research report involves key parameters namely market analysis, market definition, market segmentation, key market developments, competitive analysis, and research methodology. This market report proves to be an excellent resource providing current and upcoming technical and financial details of the industry up to 2030. Verified and advanced tools like SWOT analysis and Porter's Five Forces Analysis are used carefully while compiling this market research report. By understanding the need to follow certain steps to collect, record and analyze market data, the Casting and Splinting s Market report has been prepared.

Data Bridge Market Research analyses that the global casting and splinting market was valued at USD 2.67 billion, by 2022 and is expected to reach the value of USD 4.48 billion by 2030, at a CAGR of 6.7% during the forecast period of 2023 to 2030.

Explore Further Details about This Research Casting and Splinting Market Report https://www.databridgemarketresearch.com/reports/global-casting-and-splinting-market

Casting and Splinting Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Casting Supplies and Equipment, Splinting Supplies and Equipment), Material Type (Polyester, Polyethylene, Fiberglass, Plaster of Paris, Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Stryker (U.S.), 3M (U.S.), DeRoyal (U.S.), Patterson Companies, Inc. (U.S.), Zimmer Biomet (U.S.), Bird Cronin LLC (U.S.), DJO, LLC (U.S.), ORFIT INDUSTRIES NV (Belgium), Ossur (Ireland), Spencer Italia S.r.l (Italy), Svenska Cellulosa Aktiebolaget SCA  (Sweden)

Market Opportunities

  • Growth and expansion of healthcare sector
  • Increasing demand of advanced materials
  • High demand of casting supplies and equipment

 

Market Definition

Casts and splints are hard wraps which is used to protect and support injured bones, tendons, ligaments, and other tissues. They aid broken bones heal by keeping the broken ends together and as well as straight as possible. Casts and splints also protect the injured area from more harm and aid with swelling and pain.

Global Casting and Splinting Market Dynamics

Drivers

  • High Demand of Casting Supplies and Equipment

The growing demand of casting supplies and equipment is expected to account the major contribution in the revenue growth of the global casting and splinting market. The casting supplies and equipment help to ubiquitous ways of curing complex bone fracture. The growing number of traumatic injuries in the accident is anticipated to the major driving factor for the growth of the casting and splinting market.

  • Increasing Popularity of Sports

The growing popularity of sports increases the chances of accidents and injuries, leading to musculoskeletal injuries. The increasing chances musculoskeletal injuries has increased the demand of the casting and splinting is projected to drive the growth of the targeted market.

Furthermore, increasing recurrence of roadside accidents all over the globe, sports and musculoskeletal injuries, high incidence of age-related orthopedic illness, growing geriatric population, rising incidences of orthopedic, are some of the major factors which is expected to increase the growth of the global casting and splinting market.

Opportunity

  • Rising Demand of Casting and Splinting Due to Enhance Reliability and Capabilities

Research and development are augmenting the reliability and capabilities of these solutions, thus making them suitable for use in an extensive range of applications even in the complex injuries and factures due to this market player are investing more in this market. This is driving the adoption of these solutions among the many hospitals, clinics and ambulatory surgical centers which will increase the demand for casting and splinting and create immense opportunities for market growth.

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Casting and Splinting Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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Piyush Sharma

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