The continued growth of the geriatric population is expected to be one of the potential drivers of the Casting and Splinting products market during the forecast period. Bone disorders such as arthritis, back pain, and osteoporosis are common problems around the world. With the progression of age, the cartilage is prone to fatigue and fatigue due to the decrease in water content. This leads to arthritis and padding in the joints, which requires casts, splints, or braces. In addition, other connective tissues, such as ligaments attached to bones, become less flexible and more constrained, which is expected to drive the demand for casting and splinting products among the geriatric population.
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Global Casting and Splinting Products Market: Engines
The increasing number of musculoskeletal injuries and fractures is expected to propel the growth of the global Casting and Splinting Products market during the forecast period. For example, in 2014, 34% of all lost-time claims were associated with sprains, strains and tears of musculoskeletal tissue in the United States, according to an article published by EWI Works.
In addition, the increasing number of traffic accidents is also expected to propel the growth of the global Casting and Splinting products market during the forecast period. For example, in 2013, the East Asia-Pacific region recorded more than 153,000 traffic fatalities, according to the World Health Organization.
North America is expected to experience significant growth in the global market for casting and splinting products, owing to the increase in the geriatric population. For example, in 2015, around 901 million people were over the age of 60 and that number is expected to reach 1.4 billion by 2030 and 2.1 billion by 2050, according to United Nations data. The growth of the market is also driven by the increase in cases of sports-related injuries. For example, according to the National High School Sports-Related Injury Surveillance Study 2017-2018, 1,367,490 sports cases were recorded in high schools in the United States.
The major players in the global Casting and Splinting Products market are focusing on adopting partnership and collaboration strategies to increase their market share. For example, in November 2018, DJO Global, Inc., a provider of orthopedic technologies, partnered with SirenMD, a workplace collaboration platform, to become the exclusive sales representative of the SirenMD sports team market.
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Global Casting and Splinting Products Market: Competitive Landscape
The major players operating in the global Casting and Splinting Products market include 3M Healthcare, AliMed, Bird & Cronin Inc., Corflex Inc., DeRoyal Industries, Patterson Medical Holdings Inc., Svenska Cellulosa Aktiebolaget, Stryker Corporation and Prime Medicals, and Zimmer Inc.
Global Casting and Splinting Products Market: Key Takeaways
The main players operating in the world Casting and Splinting Products Market focus on adopting merger and acquisition strategies to expand their product portfolio. For example, in April 2017, Svenska Cellulosa Aktiebolaget acquired BSN Medical, a medical solutions company.
Global Casting and Splinting Products Market: Segmentation
By product type:
By type of material:
- Plaster of paris
By end user:
- Ambulatory surgery centers
𝗡𝗼𝘄 𝗧𝗼 𝗚𝗲𝘁 𝗙𝗹𝗮𝘁 𝗨𝗦𝗗 𝟮𝟬𝟬𝟬 𝗢𝗳𝗳
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Chapter 1 Industry Overview
1.3 Scope of the research
1.4 Market Analysis by Regions
1.5 Global Casting and Splinting Products Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Impact on Casting and Splinting Products Industry
Chapter 2 Global Molding and Splinting Products Competition by Types, Applications, and Major Regions and Countries
2.1 Global Casting and Splinting Products (Volume & Value) by Type
2.3 Global Casting and Splinting Products (Volume & Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional production market analysis
Chapter 4 Global Sales, Consumption, Export, Import of Casting and Splinting Products by Regions (2016-2021)
Chapter 5 North America Casting and Splinting Products Market Analysis
Chapter 6 East Asia Casting and Splinting Products Market Analysis
Chapter 7 Europe Casting and Splinting Products Market Analysis
Chapter 8 Southeast Asia Casting and Splinting Products Market Analysis
Chapter 9 Southeast Asia Casting and Splinting Products Market Analysis
Chapter 10 Middle East Casting and Splinting Products Market Analysis
Chapter 11 Africa Casting and Splinting Products Market Analysis
Chapter 12 Oceania Casting and Splinting Products Market Analysis
Chapter 13 South America Casting and Splinting Products Market Analysis
Chapter 14 Company Profiles and Key Figures of Casting and Splinting Products Industry
Chapter 15 Global Casting and Splinting Products Market Forecast (2021-2027)
Chapter 16 Conclusions
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