The Global Casting And Splinting Market size is projected to grow at a CAGR of 3.4% from 2021-2028. The report segments the market on the basis of type (casting products, painting products), application (hospitals, orthopedic clinics), and region (North America, Latin America, Europe, APAC & MEA).
The process of casting and splinting is used to immobilize a joint or limb in order to prevent injuries. This technique helps reduce movement, which can help protect the affected area from further harm. Casting products typically consist of plaster bandages or thermoplastic elastomer (TPE) materials which can be customized to different types of injuries. Casts may also include padding material such as felt, foam rubber, or cotton wool; these are usually placed on top of the cast before it hardens into position so they make contact with sensitive areas like joints. TPEs offer physical properties similar to those found in natural tissue: high elasticity, durability under load stress, and ability to return back close its original shape when unloaded after being stretched.
Splints usually work in the opposite way as casts. They are used to immobilize a body part, which can be done without restricting the movement of other parts (e.g., fingers and toes). Sometimes they are made from elastic materials that provide support for injuries such as spinal cord injury, fractures, or dislocations by holding an injured limb into position while healing takes place. Splints are often used to support a body part and avoid having it be raised. They might also provide stability for an injury as well, but not in the same way that casts do.
On the basis of Type, the global casting and splinting market is segmented into casting products and painting products.
Casting products are used to immobilize body parts so that they heal properly. The most common types of castings include plaster casts, fiberglass casts, and styrofoam garments (aka shoulderless or Sloane). A person might be put in casting when broken bones need time to set into place before surgery can take place for example. Casts come in many varieties including full arm/legs, hand only, fingers only and thumb spica wrist with thumbs out position. A few other uses cases where people will wear these devices are if there's nerve damage as well as after reconstructive surgery like an open reduction internal fixation (ORIF) procedure on the hip joint for instance. Cast products are used in the treatment of fractures or other injuries such as joint contractures (contracture). The casting process involves shaping a mold to fit over an injured limb or body part to immobilize it while it heals.
The painting products segment of the market includes chemicals specifically designed for use in medicine. These are used to coat dental casts and splints, orthopedic braces, and other devices that need a smooth dry layer on their surface before being covered with adhesive bandages or gauze dressings. Painting Products refer to acrylics and vinyl acetate paint. Acrylics is a water-soluble plastic that can be dissolved by water but doesn't dissolve fully so will take time before being removed from the skin with soap; Vinyl acetate paints also known as VAP is made up of various chemicals which includes rubber latex polymer and castor oil polymers.
On the basis of Application, the global casting and splinting market is segmented into hospitals, orthopedic clinics, and others.
Casting and splinting products are used to immobilize broken or injured joints, bones, muscles, tendons, and nerves. Physicians use these materials for the treatment of a wide variety of injuries. Hospitals are one such application where casting and splinting products are widely used by physicians in order to treat different types of bone fractures that require surgical procedures as well as other orthopedic conditions like muscle tears or strains.
The application of casting and splinting for orthopedic clinics includes immobilizing joints, which is done by a practitioner before the joint can heal. The doctor will then cast or wrap up the injured area with plaster strips, fiberglass bandages, or elastic wraps in order to limit movement around the injury site so that it can heal properly. Splints are also used during recovery from an injury. A person may use them when they need support due to an illness such as arthritis or after surgery on their ankle ligaments. Splints are applied to the injured area and can be made of different materials.
On the basis of Region, the global casting and splinting market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Both North America and Europe are expected to be strong markets with considerable growth opportunities in this forecast period from 2021 to 2028. Asia Pacific is also projected to grow at a high CAGR during the forecast period. North America has been witnessing tremendous technological advancements in the healthcare industry owing to advancements in medical research & development activities coupled with increasing awareness of various chronic diseases among the population. Canada accounted for nearly 21% of the total market share in North America.
Mature economies such as Europe have been witnessing increasing demand for orthopedic and surgical devices due to the increased incidence of chronic diseases coupled with an aging population, which is expected to drive growth rates across European countries. The Asia Pacific region has a high number of aging populations and rising healthcare expenditure on medical implants owing to significant economic development over the past decade. Countries like China are projected to account for nearly 81% of the global casting & splinting market by 2028 end. The Middle East & Africa (MEA) region is also estimated to earn substantial revenue through growing preference towards implant technologies among developers, surgeons, hospitals, clinics, and other expenditures on castings products during the forecast period 2021-2028.
Factors like growth in orthopedic surgeries including joint replacements, an increasing number of patients suffering from diabetes-related foot injury due to higher incidence rates for such diseases, rising obesity cases leading to increased fracture rates among the general population, and high cost of treatment & rehabilitation are major growth drivers. Furthermore, an aging population coupled with an increase in the prevalence rate for degenerative conditions is expected to drive the demand over the forecast period.
Up Market Research published a new report titled “Casting and Splinting Market research report which is segmented by Types (Casting Products, Plinting Products), By Applications (Hospitals, Orthopedic Clinics, Others), By Players/Companies 3M, Alimed, Bird & Cronin, Bsn Medical, Corflex, Deroyal Industries, Djo, Orfit Industries, Ã¶Ssur, Patterson Medical, Prime Medical, Spencer, Stryker, Zimmer Biomet”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Casting and Splinting Market Research Report|
|By Type||Casting Products, Plinting Products|
|By Application||Hospitals, Orthopedic Clinics, Others|
|By Companies||3M, Alimed, Bird & Cronin, Bsn Medical, Corflex, Deroyal Industries, Djo, Orfit Industries, Ã¶Ssur, Patterson Medical, Prime Medical, Spencer, Stryker, Zimmer Biomet|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||239|
|Number of Tables & Figures||168|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Casting Products, Plinting Products and By Application Hospitals, Orthopedic Clinics, Others.
Some of the companies that are profiled in this report are:
Casting and Splinting Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Casting and Splinting 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 2028.
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