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Casting and Splinting Products Market

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Casts and splints are designed to protect and support injured or fractured joints and bones. They help to immobilize broken bones or dislocated joints in place, until fully healed.
Casting and Splinting Products Market Forecast to
2026 with Key Companies Profile, Supply, Demand,
Cost Structure and Growth Factors
Casts and splints are designed to protect and support injured or fractured joints and bones.
They help to immobilize broken bones or dislocated joints in place, until fully healed. A cast is
the treatment of choice in fractures where a minimal amount of swelling is expected, including
fractures that are non-displaced as well as complicated conditions such as Paige’s, wherein a
cast is placed after subsided swelling due to initial placement of a splint. Thus, the casting
segment held a lucrative market share in 2016. Additionally, development of different types of
materials for better treatment adherence and outcome is expected to augment growth of the
casting and splinting products market. In April 2017, Svenska Cellulosa Aktiebolaget (SCA)
completed the acquisition of BSN Medical, a leading medical solution company with well-known
brands such as Leukoplast, Cutimed, JOBST, Delta Cast, Delta Lite, and Actimove. These
provide SCA a platform for growth with future industry consolidation opportunities.
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Increasing incidence of road accidents and musculoskeletal injuries to propel overall growth of
the market:
The casting and splinting market is expected to experience rapid growth over the forecast
period, owing to rising number of sports and vehicular accidents and other injuries, which in
turn, is resulting in increasing number of musculoskeletal problems among the populace. Also,
rampant growth of the geriatric population is expected to fuel demand for casting and splinting,
as this population is more prone to orthopedic problems. As per the United Nations data, in
2015, around 901 million people were over 60 years of age and this number is expected to
reach 1.4 billion by 2030 and to 2.1 billion by 2050. Advancements in technology has
influenced vendors to focus on using advanced materials such as fiberglass tape and polyester
tape for manufacturing casts and splints. These provide high patient compliance in terms of
wearing comfort and lasting support, improved X-ray radiolucency, and also helps to avoid or
minimize muscle atrophy and other immobilization-related issues. Availability of casts and
splints in a wide range of attractive colors and unique paw pattern is also be expected to boost
sales of casting and splinting products worldwide. Growth of the market, however, is expected
to be restrained by the high costs of equipment and high risks of pressure sores or
compartment syndrome.
Report includes chapters which deeply display the following deliverable about industry :
• Casting and Splinting Products Market Research Objective and Assumption
• Casting and Splinting Products Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Casting and Splinting Products Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Casting and Splinting Products Market, By Regions
• Casting and Splinting Products Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Casting and Splinting Products Market Manufacturers Profiles/Analysis including Company
Basic Information, Manufacturing Base and Its Competitors.
• Casting and Splinting Products Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Casting and Splinting Products Market Forecast including Production, Consumption, Import
and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
On the basis of region, the casting and splinting market is segmented into North America,
Europe, Latin America, Asia Pacific, Middle East, and Africa. Asia Pacific accounted for the
largest market share in 2016 due to high incidence of orthopedic injuries and road accidents in
the region, which in turn, lead to high demand for casting and splinting products. Moreover,
costs associated with manufacturing of casting and splinting products in this region is
comparatively lower than that of other regions, in turn positioning the region as a major
manufacturing hub. In 2013, according to WHO, the East Asia-Pacific region recorded over
153,000 fatalities from road accidents. This indicates an increasing demand for casting and
splinting products, in turn, boosting growth of the market in the region.
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North America continues to
products market during the
injuries and fractures in this
34% of all lost time claims
tissue in the U.S.
hold the second-largest market share in the casting and splinting
forecast period, owing to increasing number of musculoskeletal
region. In 2014, according to an article published by EWI Works,
were associated with sprain, strain, and tears of musculoskeletal
Market is highly consolidated with major players actively pursuing aggressive expansive
strategies:
The casting and splinting products market is highly fragmented and region-specific. 3M
Healthcare, Svenska Cellulosa Aktiebolaget (SCA), Stryker Corporation, and Prime Medicals are
among the major players in the market. Strategies adopted by these companies to increase
market share include flexible product offering to meet the increasing demand of the large
population base and engage in educational programmes. 3M products are supported by an
extensive range of educational programmes provided by a team of technical sales specialists and
a British Orthopedic Association (BOA) qualified technician. Other players in this market include
AliMed, Corflex Inc., DeRoyal Industries, Patterson Medical Holdings Inc., Zimmer Inc., and
Bird & Cronin Inc.
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Casting and Splinting Products Market Taxonomy:
By Product Type:
• Casts
• Splints
By Material Type:
• Polyester
• Polyethylene
• Fiberglass
• Plaster of Paris
• Others
By End User:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge335   documents Email
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