There were 1,683 press releases posted in the last 24 hours and 413,969 in the last 365 days.

Casting and Splinting Market Size To Reach USD 4,052.0 Million By 2027 | CAGR of 6.1%: Reports And Data

Key participants include Svenska Cellulosa Aktiebolaget (SCA), BSN Medical GmbH, Corflex Inc., Prime Medical Inc., Patterson Medical Holdings Inc., 3M Healthcare, Bird & Cronin Inc., DeRoyal Industries, and AliMed, among others.

New York, Oct. 22, 2020 (GLOBE NEWSWIRE) -- The market for casting and splinting will grow owing to the rising number of sports and vehicular accidents and other injuries, which will result in an increasing number of musculoskeletal problems among the populace.

Market Size in 2019 – USD 2,513.7 Million, Market Growth - CAGR of 6.1% over the forecast period, Market Trends – High demand from developing nations.

The global Casting and Splinting Market is forecast to reach USD 4,052.0 Million by 2027, according to a new report by Reports and Data. Casting and splinting products provide the wounded body part with added support and warmth, thus growing the need for casting and splinting. 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 immobilize orthopedic wounds and stimulate healing by supporting bone alignment, secure the damaged area, reducing pain, 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 uphold 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 in 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 prevalence of road accidents and musculoskeletal injuries is also boosting the demand for casting and splinting.

Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/3645

The COVID-19 impact:

As the COVID-19 epidemic rises, manufacturers are increasingly adapting strategies and objectives to satisfy the demand of a pandemic that has halted the requirement for casts and splints. A sequence of issues will arise over a few months as producers and their vendors adapt to changing customer demands. Various regions seem vulnerable to export-dependent economies, due to this unfortunate global situation. The impact of this pandemic is reshaping the global casting and splinting markets when certain manufacturers either close down or decrease their production due to a lack of downstream demand. While some have their production suspended by their governments as a precautionary measure by the respective nations to combat the spread of the virus, in other countries, when looking at the severity of the outbreak and the consequent behavior of the national authorities themselves, customers are centered on becoming more global. Market condition in Asia Pacific region has become very fragile in such cases, collapsing periodically and finding it impossible to stable themselves.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/casting-and-splinting-market

Further key findings from the report suggest

  • On the basis of product type, splinting products generated USD 1,114.0 million in 2019 and is anticipated to grow at a CAGR of 5.5% over the forecast period, owing to advantages associated with them like manufacturing ease of plastic splints, which allows fast customization of splints coupled with high versatility and strength of neoprene splints.
  • Polyethylene material is expected to grow at a CAGR of 6.2% over the forecast period, owing to its superior properties, including hardness, low strength, and rigidity, but has high elasticity and impact strength as well as low friction, thereby making it suitable for a variety of applications.
  • Casting and splinting applications in hospitals contributed to market growth. The commercial sector of the Asia Pacific region is the major shareholder of the market and held around 36.0% of the market in the year 2019, owing to the rising number of road accidents and other injuries.
  • The Asia Pacific dominated the casting and splinting market in 2019. Factors driving market demand are the cost-effective and advanced procedures applied in the industry. The Asia Pacific area controlled approximately 46.0% of the market, followed by North America, which contains around 23.0% market in the year 2019.

Order Now: https://www.reportsanddata.com/checkout-form/3645

For the purpose of this report, Reports and Data have segmented into the global Casting and Splinting market on the basis of product type, material, application, and region:

Product Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

  • Castings
    • Plaster Casts
    • Casting Plates
    • Cast Cutters
    • Others
  • Splitting
    • Fiberglass Splints
    • Plaster Splints

Material Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

  • Polyester
  • Polyethylene
  • Fiberglass
  • Plaster of Paris
  • Others

Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

Regional Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • MEA
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of LATAM

Browse similar research reports:

Anesthetic Gаѕ Моnіtоr Маrkеt Size, Share & Analysis, Ву Туре (ВІЅ, Nаrсоtrеnd, Е-Еntrору, Оthеrs), Ву Аррlісаtіоn (Ѕurgісаl Uѕе, ІСU Моnіtоrіng), Ву Rеgіоn, Forecast To 2027

Wearable Healthcare/Medical Devices Market Size, Share & Analysis, By Type (Fitness Trackers, Body Sensors, Smart Clothing, Smart Glasses, Wearable Camera, Others), By Device Type (Diagnostic and Monitoring Device, Therapeutic Devices), By Application (Sports and Fitness, Remote Patient Monitoring, Home Healthcare, Emergency Medical Care, Others), By Region, Segment Forecasts To 2027

Neurovascular Devices Market Size, Growth & Analysis, By Type (Cerebral Angioplasty & Stenting Systems, Cerebral Embolization & Aneurysm Coiling, Support, Neurothrombectomy), By Application (Cerebral Artery Stenosis, Stroke, Cerebral Aneurysm, Others), By Region, Forecast to 2027

Surgical Devices Market Size, Growth & Analysis, By Device Type (Disposable, Reusable, Medical robotics & computer-assisted devices), By Product Type (Surgical Sutures & Staples, Others), By Application (Orthopedic Surgery, Laparoscopy, Neurosurgery, Wound Closure, Others), By Region, Forecast to 2027

Vein Detained Needle Market Size, Share & Analysis, By Product Type (Open Indwelling Needle, Closed Indwelling Needle), By Application (Hospital, Clinic, Others), By Region, Forecasts To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-800-819-3052

E-mail: sales@reportsanddata.com

Read full Press Release at: https://www.reportsanddata.com/press-release/global-casting-and-splinting-market

Primary Logo