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Casting and Splinting Market Detailed Analysis of Current Industry Figures with Forecasts Growth By 2025

Author : Rahul Sankrityayan | Published Date : 2019-08-02 

Casting and splinting market size is expected to grow significantly from 2019 to 2025. Increasing adoption of advanced casting and splinting products coupled with availability of these products in different sizes and shapes accelerates the casting and splinting market growth. Introduction of different cast and splint by several business players in industry has improved patient’s convenience. Additionally, these products provide extra support and comfort to the injured part thereby, enhances the demand for casting and splinting. Furthermore, growing penetration for these products with availability of different materials including polyester, polyethylene, and fiberglass among others should foster the business growth.

Growing incidence of musculoskeletal injuries and road accidents should propel the casting and splinting industry growth. Advancements in technology have provided an opportunity to manufacturers for using advanced materials such as polyester and fiberglass. The use of these materials for injured patients gives additional support to the distressed body part. Such factors should boost the casting and splinting market growth over coming years. Additionally, it deliver secured patient compliance in terms of provision and comfort allowing patient to gain support during the entire treatment.  However, high risk of or pressure sores may hamper the    casting and splinting business growth over the analysis timeframe.

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Casting segment is projected to show robust growth during the analysis period. The cast wraps are extensively used to cover an entire injury and can be customized depending on the depth of injury. Availability of cast in different materials including fiberglass or polyester augments the segmental growth.

Plaster of Paris (POP) segment will witness considerable growth over the coming years owing to increasing incidence of musculoskeletal injuries. Various benefits including well-fitting, wearing comfort and high durability foster the casting and splinting business growth. Additionally, extensive usage of POP in hospital settings proves beneficial for the segment growth.

Hospitals segment will witness lucrative business growth during the forthcoming years. Rising number of road accidents and other body injuries enhances the demand for hospitals. Availability of skilled professionals in hospital settings to carry out several other procedures along with medication management should accelerate the overall industry growth.

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Asia Pacific casting and splinting industry will account for momentous revenue share by 2025 owing to rising number of accidents. Densely populated countries such as India and China have massive incidence of road accidents and other orthopedic injuries thereby favoring regional growth. Additionally, low manufacturing and labor cost in this region augment the business growth.

Prominent industry players operating in casting and splinting market include DeRoyal Industries, 3M Healthcare, Prime Medical, Stryker, BSN Medical, Corflex, Bird & Cronin, AliMed, Patterson Medical and Zimmer. Notable industry players functioning in this market adopt numerous in-organic strategies over other players should favor the business growth. For instance, 3M offers different products including cast tapes, splints, accessories and another braces support. Availability of numerous products have enhanced company’s product portfolio.

Company Profiles:

  • Stryker Corporation
  • Prime Medical Inc.
  • 3M Healthcare
  • BSN Medical GmbH
  • AliMed,
  • Corflex Inc.
  • DeRoyal Industries,
  • Patterson Medical Holdings Inc.
  • Zimmer Inc.
  • Bird & Cronin Inc.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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