The market for Global Casting and Splinting Industry Trends is expected to experience rapid growth over the forecast period, owing to the rising number of sports and vehicular accidents and other injuries, which in turn, is resulting in an increasing number of musculoskeletal problems among the populace.
Market Size – USD 2,513.7 Million in 2019, Market Growth – CAGR of 6.1%, Market Trends – High demand from developing nations.
The global Global Casting and Splinting Industry Trends Market is forecasted to reach USD 4,052.0 Million by 2027, according to a new report by Reports and Data. Surging demand for Global Casting and Splinting Industry Trends products in various shapes & sizes expedites the growth of the Global Casting and Splinting Industry Trends market. These items provide the wounded component with added support and warmth, thus growing the need for Global Casting and Splinting Industry Trends. Besides, increasing accessibility of such goods with the obtainability of several raw materials, including polyethylene, polyester, and fiberglass, should foster demand for casting & splinting products.
Casts and splints are beneficial in immobilizing orthopedic wounds and stimulate healing by supporting bone alignment, reducing pain, secure the damaged area, and aid to compensate for muscular weakness in the vicinity. Casting devices comprising orthopedic, body, plaster, or surgical casting is often made of fiberglass/plaster, surrounding a limb to stabilize and upheld structural anatomy till the wound has healed. Splinting devices are deployed in several circumstances to provide support for spine/limb, comprising temporary support of possibly broken bones/damaged joints during any sort of activity. Casting is an essential procedure for the majority of the fractures by offering more effective immobilization. Splints deliver several benefits over casting in terms of easier and rapid application and letting for natural swelling at the time of the early inflammatory phase of the injury by averting pressure related concerns. The rising occurrence of on-road accidents and musculoskeletal injuries is also an essential factor in boosting the demand for Global Casting and Splinting Industry Trends.
Key companies profiled in the report include
Svenska Cellulosa Aktiebolaget (SCA), 3M Healthcare, Corflex Inc., Prime Medical Inc., Patterson Medical Holdings Inc., Bird & Cronin Inc., DeRoyal Industries, BSN Medical GmbH, and AliMed
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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Global Casting and Splinting Industry Trends market.
The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.
Global Casting and Splinting Industry Trends Market Segmentation based on Types:
Product Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Plaster Casts
- Casting Plates
- Cast Cutters
- Fiberglass Splints
- Plaster Splints
Global Casting and Splinting Industry Trends Market Segmentation based on Application:
Material Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Plaster of Paris
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Ambulatory Surgical Centers
The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report discusses in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.
The key geographical regions analyzed in the market report are:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of Global Casting and Splinting Industry Trends Market Report:
- In-depth understanding of the market size, market share, and market scope of Global Casting and Splinting Industry Trends market
- Easy identification of growth opportunities and key product development strategies
- Historical and forecast data for Global Casting and Splinting Industry Trends market to ease the decision making process
- Production and consumption ratio, import/export data and company’s market position explained in detailed with graphs and charts to aid in decision making
- Strategic recommendations to established players and new entrants to gain a strong foothold in the market
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