Global Casting and Splinting (Supplies and Equipment) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Plaster Casts, Casting Tapes, Cast Cutters, Casting Tools, and Accessories.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn894281660 Published Date: December, 2024 Updated Date: January, 2025

Introduction

Global Casting and Splinting (Supplies and Equipment) Market (USD Million), 2020 - 2030

In the year 2023, the Global Casting and Splinting (Supplies and Equipment) Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The global casting and splinting market is a vital segment within the broader medical devices industry, playing a crucial role in the treatment and management of various orthopedic conditions and injuries. Casting and splinting are widely employed techniques in orthopedic care to immobilize and support injured limbs, aiding in the healing process and preventing further damage. This market encompasses a diverse range of supplies and equipment, including casting tapes, splinting materials, casting tools, and associated accessories, serving both hospital settings and outpatient facilities. One of the key drivers propelling the growth of the casting and splinting market is the rising incidence of musculoskeletal injuries and orthopedic conditions worldwide. Factors such as an aging population, increasing participation in sports and recreational activities, and higher awareness regarding the importance of prompt medical intervention for fractures and sprains contribute to the demand for casting and splinting products. Advancements in material technology and manufacturing processes have led to the development of lighter, more durable, and user-friendly casting and splinting materials, enhancing patient comfort and facilitating better outcomes. The market landscape is characterized by the presence of established medical device companies, as well as smaller players focusing on niche segments or innovative product offerings. Manufacturers continuously invest in research and development activities to introduce new products with improved efficacy, biocompatibility, and ease of application. Strategic collaborations, mergers, and acquisitions are prevalent in the industry, enabling companies to expand their product portfolios, reach new geographic markets, and strengthen their competitive positions. Geographically, North America and Europe traditionally dominate the casting and splinting market, driven by well-established healthcare infrastructure, high healthcare expenditure, and a significant patient pool requiring orthopedic care. However, emerging economies in Asia Pacific and Latin America are witnessing rapid growth, attributed to factors such as improving healthcare infrastructure, rising disposable incomes, and increasing awareness regarding the importance of orthopedic interventions. These regions present lucrative opportunities for market players to expand their presence and capitalize on the growing demand for casting and splinting products.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Region
  4. Global Casting and Splinting (Supplies and Equipment) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Incidence of Orthopedic Injuries
        2. Technological Advancements
        3. Growing Awareness and Healthcare Expenditure
        4. Expansion of Healthcare Infrastructure
      2. Restraints
        1. Regulatory Challenges
        2. Cost of Advanced Products
        3. Limited Access to Healthcare Services
      3. Opportunities
        1. Emerging Markets
        2. Focus on Patient-Centric Solutions
        3. Expansion of Product Portfolio
        4. Telemedicine and Remote Patient Monitoring
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Casting and Splinting (Supplies and Equipment) Market, By Product Type, 2020 - 2030 (USD Million)
      1. Plaster Casts
      2. Casting Tapes
      3. Cast Cutters
      4. Casting Tools
      5. Accessories
    2. Global Casting and Splinting (Supplies and Equipment) Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. BSN medical GmbH
      3. DJO Global
      4. Össur
      5. Stryker Corporation
      6. Zimmer Biomet Holdings Inc.
      7. Smith & Nephew plc
      8. Patterson Medical Holdings Inc.
      9. Bird & Cronin Inc.
      10. DeRoyal Industries Inc.
  7. Analyst Views
  8. Future Outlook of the Market