Global Orthopedic Braces & Support, Casting & Splints Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

This report extensively covers different segments of Global Orthopedic Braces & Support, Casting & Splints Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).

The market is segmented based on three primary factors: Product, End Users, and Geography. This segmentation framework provides a comprehensive understanding of the diverse range of orthopedic devices and their applications across different regions. In terms of Product, the market encompasses a wide array of orthopedic devices designed to provide support, stabilization, and immobilization for various musculoskeletal conditions and injuries. This includes orthopedic braces, which offer external support to joints and muscles, casting products used for immobilizing fractures and promoting healing, and splints that provide temporary support and protection to injured limbs.

The segmentation by End Users delineates the different healthcare settings and patient populations that utilize orthopedic braces, casting, and splints. End users include hospitals, orthopedic clinics, ambulatory surgical centers, and rehabilitation centers, where these devices are utilized for acute injury management, post-operative rehabilitation, and long-term orthopedic care.

Geographically, the global orthopedic braces and support, casting, and splints market spans key regions such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Each region presents unique market dynamics shaped by factors such as the prevalence of orthopedic conditions, healthcare infrastructure, regulatory frameworks, and patient demographics.

Global Orthopedic Braces & Support, Casting & Splints Segment Analysis

In this report, the Global Orthopedic Braces & Support, Casting & Splints Market has been segmented by Product, End Users, and Geography.

Global Orthopedic Braces & Support, Casting & Splints Market, Segmentation by Product

The Global Orthopedic Braces & Support, Casting & Splints Market has been segmented by Product into Casting Supplies & Equipment, Splinting Supplies & Equipment, and Orthopedic Braces & Supports.

Casting Supplies & Equipment constitute one segment, encompassing a range of materials and tools essential for the immobilization and stabilization of fractures and other orthopedic injuries. These supplies include casting tapes, casting liners, plaster of Paris, fiberglass casting materials, and various casting equipment such as casting tables and saws.

Splinting Supplies & Equipment represent another crucial segment within the market, offering products designed to provide temporary support and protection to injured limbs. Splints are commonly utilized in emergency settings, orthopedic clinics, and rehabilitation facilities for the management of fractures, sprains, and soft tissue injuries. Splinting supplies include splinting materials such as plaster splints, fiberglass splints, and pre-fabricated splints, as well as splinting equipment such as splint cutters and padding materials.

Orthopedic Braces & Supports comprise the third segment of the market, encompassing a diverse range of devices aimed at providing support, stabilization, and pain relief for various musculoskeletal conditions. These braces and supports are designed to address specific anatomical regions, including the spine, knees, ankles, wrists, elbows, and shoulders. Orthopedic braces and supports are utilized for the management of conditions such as osteoarthritis, ligament injuries, tendonitis, and post-operative rehabilitation, offering patients increased mobility and functionality.

Global Orthopedic Braces & Support, Casting & Splints Market, Segmentation by End Users

The Global Orthopedic Braces & Support, Casting & Splints Market has been segmented by End Users into Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers, and Others.

Hospitals serve as primary centers for acute injury management, post-operative care, and orthopedic rehabilitation, making them significant consumers of orthopedic devices. Within hospital settings, orthopedic braces, casting, and splints are utilized across various departments, including orthopedic surgery, emergency medicine, rehabilitation, and trauma care, to address a wide range of musculoskeletal conditions and injuries.

Orthopedic clinics represent another vital segment of end users in the market, providing specialized care and treatment for orthopedic conditions. These clinics focus exclusively on musculoskeletal health, offering diagnostic services, treatment options, and rehabilitation programs tailored to the needs of orthopedic patients. Orthopedic clinics rely on orthopedic braces, casting, and splints as essential tools for patient management, injury stabilization, and post-operative support.

Ambulatory surgery centers (ASCs) constitute another significant category of end users within the global orthopedic braces and support, casting, and splints market. ASCs provide outpatient surgical procedures, including orthopedic surgeries such as arthroscopic procedures, fracture fixation, and soft tissue repairs. Orthopedic braces, casting, and splints are frequently utilized in ASCs for pre-operative planning, intra-operative support, and post-operative immobilization, facilitating safe and efficient orthopedic procedures in outpatient settings.

The Others category encompasses a diverse range of healthcare facilities and settings where orthopedic braces, casting, and splints may be utilized. This category includes rehabilitation centers, sports medicine clinics, physical therapy offices, and home healthcare settings, among others. Orthopedic devices are employed in these settings to support patient recovery, enhance mobility, and promote functional independence following orthopedic injuries or surgical procedures.

Global Orthopedic Braces & Support, Casting & Splints Market, Segmentation by Geography

In this report, the Global Orthopedic Braces & Support, Casting & Splints Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Orthopedic Braces & Support, Casting & Splints Market Share (%), by Geographical Region, 2023

North America represents a significant market for orthopedic devices, driven by factors such as a high prevalence of musculoskeletal disorders, advanced healthcare infrastructure, and robust research and development activities. The region comprises the United States and Canada, where orthopedic braces, casting, and splints are widely utilized across various healthcare settings to address a range of orthopedic conditions and injuries.

Europe constitutes another prominent region in the global orthopedic market, characterized by well-established healthcare systems, increasing aging population, and growing demand for orthopedic treatments. Countries such as Germany, the United Kingdom, and France are key contributors to the European orthopedic braces and support, casting, and splints market, leveraging advanced technologies and innovative approaches to orthopedic care.

The Asia Pacific region presents significant growth opportunities in the global orthopedic market, fueled by factors such as rising healthcare expenditure, increasing adoption of orthopedic treatments, and expanding access to healthcare services. Countries such as China, Japan, and India are major markets within the Asia Pacific region, witnessing a surge in demand for orthopedic braces, casting, and splints due to the growing burden of musculoskeletal disorders and injuries.

The Middle East and Africa region represents an emerging market for orthopedic devices, characterized by improving healthcare infrastructure, rising awareness about orthopedic treatments, and increasing investment in healthcare technology. Countries in the Gulf Cooperation Council (GCC) region, such as the United Arab Emirates and Saudi Arabia, are key contributors to the orthopedic braces and support, casting, and splints market in the Middle East and Africa.

Latin America completes the geographic segmentation of the global orthopedic braces and support, casting, and splints market, encompassing countries such as Brazil, Mexico, and Argentina. The region presents opportunities for market expansion driven by factors such as a growing aging population, increasing healthcare expenditure, and rising prevalence of orthopedic conditions, contributing to the demand for orthopedic devices in the region.

This report provides an in depth analysis of various factors that impact the dynamics of Global Orthopedic Braces & Support, Casting & Splints Market. These factors include; Market Drivers, Restraints, and Opportunities.

Drivers:

• Rising musculoskeletal disorder prevalence
• Aging population demand surge
• Orthopedic tech advancements
• Minimally invasive treatment uptick

• Trauma incidents escalation - The escalation of trauma incidents serves as a significant driver in the global orthopedic braces and support, casting, and splints market. Trauma incidents, including fractures, sprains, and soft tissue injuries, contribute substantially to the demand for orthopedic devices worldwide. Factors such as road accidents, sports injuries, workplace incidents, and falls among the aging population contribute to the increasing incidence of trauma-related orthopedic injuries.

  The rise in trauma incidents underscores the importance of orthopedic braces, casting, and splints in the management and treatment of musculoskeletal injuries. These devices play a crucial role in providing immediate support, stabilization, and immobilization to injured limbs, facilitating the healing process and minimizing the risk of further complications. Orthopedic braces help reduce pain, prevent further injury, and promote early mobilization, allowing patients to resume their daily activities more quickly following trauma-related injuries.

  The escalating incidence of trauma incidents highlights the need for continuous innovation and advancements in orthopedic device technology. Manufacturers are increasingly focusing on developing lightweight, durable, and patient-friendly orthopedic braces, casting materials, and splints to meet the growing demand for effective trauma management solutions. Advanced materials, such as fiberglass and thermoplastics, are being utilized to enhance the strength, flexibility, and comfort of orthopedic devices, improving patient outcomes and satisfaction.

Restraints:

• Limited reimbursement coverage
• Rural orthopedic care scarcity
• Stringent regulatory hurdles
• Device complication risks

• Orthopedic professional shortage - The shortage of orthopedic professionals poses a significant restraint in the global orthopedic braces and support, casting, and splints market. Orthopedic professionals, including orthopedic surgeons, physicians, and specialized healthcare providers, play a critical role in the diagnosis, treatment, and management of musculoskeletal conditions and injuries. There is a growing shortage of orthopedic professionals in many regions worldwide, which limits patient access to timely and quality orthopedic care.

  The shortage of orthopedic professionals contributes to longer waiting times for orthopedic consultations, surgeries, and follow-up appointments, delaying patient treatment and recovery. Patients may face challenges in accessing specialized orthopedic services, particularly in rural and underserved areas where orthopedic professionals are in short supply. This disparity in access to orthopedic care can exacerbate musculoskeletal conditions, leading to prolonged pain, functional impairment, and reduced quality of life for affected individuals.

  The orthopedic professional shortage impacts healthcare system capacity and efficiency, as healthcare facilities struggle to meet the growing demand for orthopedic services with limited resources. Orthopedic departments may experience staffing shortages, resulting in increased workload and reduced availability of specialized orthopedic treatments and procedures. As a result, patients may experience delays in receiving orthopedic braces, casting, and splints, hindering their recovery and rehabilitation process.

Opportunities:

• Orthopedic tech innovation
• Telemedicine adoption
• Personalized treatment focus
• AI, digital health integration

• Preventive intervention focus - The increasing focus on preventive interventions presents a significant opportunity in the global orthopedic braces and support, casting, and splints market. Preventive interventions aim to address musculoskeletal conditions and injuries before they escalate into more severe or chronic problems, emphasizing proactive measures to maintain musculoskeletal health and prevent the onset or progression of orthopedic disorders.

  By shifting towards preventive strategies, healthcare providers and policymakers can potentially reduce the burden of musculoskeletal conditions on individuals, healthcare systems, and society as a whole. Preventive interventions may include patient education on injury prevention techniques, lifestyle modifications to promote musculoskeletal health, and early intervention programs aimed at identifying and addressing risk factors for orthopedic disorders.

  Orthopedic braces, supports, casting, and splints play a crucial role in preventive interventions by providing support, stability, and protection to vulnerable joints and tissues, thereby reducing the risk of injury or exacerbation of existing musculoskeletal conditions. For example, athletes may use orthopedic braces or supports to prevent sports-related injuries, while individuals at risk of falls may benefit from orthopedic devices to reduce the risk of fractures.

  Additionally, preventive interventions offer opportunities for orthopedic device manufacturers to develop innovative products tailored to the needs of individuals seeking to maintain musculoskeletal health and prevent orthopedic injuries. Advanced materials, ergonomic designs, and wearable technologies can enhance the effectiveness and comfort of orthopedic braces and supports, encouraging broader adoption among individuals engaged in preventive healthcare activities.

Key players in Global Orthopedic Braces & Support, Casting & Splints Market include,

• DJO Global
• Össur
• Breg, Inc.
• 3M Company
• Bauerfeind AG
• BSN medical
• DeRoyal Industries
• Zimmer Biomet Holdings, Inc.
• Ottobock SE & Co. KGaA
• Thuasne Group
• Bird & Cronin, Inc.
• Trulife
• DonJoy Orthopedics (acquired by DJO Global)
• Hely & Weber
• Corflex Inc.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis