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Exclusive Report on Orthopedic Splints Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Orthopedic

The “Orthopedic Splints Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Orthopedic Splints Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Orthopedic Splints market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Orthopedic Splints Market Are:

  • Breg, Inc.
  • BSN Medical
  • 3M Company
  • Otto Bock Healthcare
  • DeRoyal Industries, Inc.
  • Medi GmbH & Co. KG
  • Zimmer Biomet Holdings, Inc.
  • Stryker Corporation
  • Bird & Cronin
  • Patterson Medical Holdings Inc.

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    Market Overview:

  • The market is driven by the increasing number of musculoskeletal disorders and bone fractures. According to the Arthritis Research UK published a report on “The State of Musculoskeletal Health 2018”, it was estimated that 17.8 million people live with a musculoskeletal condition in the UK which is around 28.9% of the total population. The other factor is stringent regulatory reforms, which is also hampering the growth of the market, with such huge disease burden the usage of splints is expected to increase during the forecast years. The other factors, such as increasing geriatric population and obese population are also driving the orthopedic splints market. Most of the times, people prefer self-prescribing for several musculoskeletal pains and swelling. This mostly involves the usage of pain killers and pain relief ointments because few pain killers are usually available in the market as OTC medications. Such factors possibly affect the growth of the market.

    Scope of the Report:

  • Splints are medical devices used to immobilize the damaged or injured bones, to enhance the healing rate. These devices support the muscle and bones and reduce swelling and pain. Splints are considered as non-circumferential devices. A splint can be used for certain fractures, soft tissue sprains or tendon injuries, or injuries awaiting orthopedic treatment. A splint may be static, not allowing motion, or dynamic, allowing controlled motion. Some of the commonly used splints include Ankle Stirrup, Finger Splints, Nasal splint, Posterior Lower Leg, Posterior Full Leg, Posterior Elbow, Sugar Tong, Thumb Spica, Ulnar Gutter – used for the forearm to the palm, Volar Wrist Splint, Wrist/arm splint.

    Orthopedic Splints Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Orthopedic Splints market?
    • What are the key market trends impacting the growth of the global Orthopedic Splints market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Orthopedic Splints market?
    • What are the market opportunities and threats faced by the vendors in the global Orthopedic Splints market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Orthopedic Splints market?

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    Key Market Trends:

    Spinal Splints segment dominates the Global Orthopedic Splints market

    Global orthopedic splints market is segmented into Product, Application, Enduser, and Geography. Applications segment is further segmented into Lower Extremity Splints, Upper Extremity Splints, and Spinal Splints

    Spinal Splints segment is anticipated to grow at high CAGR during the forecast period owing to the rise in geriatric population, rise in the incidence of sports injuries and road accidents, technological advancements, the introduction of new technologies and products and also rise in prevalence of spine related diseases. According to the National Spinal Cord Injury Statistical Center, it is estimated that in 2017, the number of people in the US with spinal cord injury has been approximately 285,000 persons, with a range from 245,000 to 353,000 persons.

    The Asia Pacific is the fastest growing region for Global Orthopedic Splints market

    The demand for orthopedic surgeries in China and India is also expected to grow tremendously in the near future. India and China are anticipated to account the largest market share in APAC region owing to the high increase in the geriatric population pool. Moreover, propelling medical tourism due to the availability of cost-efficient and advanced healthcare treatment options compared to the other geographical regions and increasing adoption of novel technologies are bolstering the growth of orthopedic splints market in the Asia Pacific region. As per the report of Brink Asia Pacific Risk Center in 2017, around 4 million medical tourists traveled to India to seek health care services, 3.5 million foreign patients traveled to Thailand and 900,000 patients to Singapore in 2016. This number is expected to grow by 10-14% annually by 2020. As per the report of Pacific Prime in 2015, around 10 million patients are traveling every year for the medical treatment to Asian countries such as India, Thailand, and Singapore.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Orthopedic Splints Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Orthopedic Splints .

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    Report Objectives:

    • Analyzing the size of the Orthopedic Splints market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Orthopedic Splints market.
    • Determining the key dynamics of the Orthopedic Splints market.
    • Highlighting significant trends of the Orthopedic Splints market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Orthopedic Splints market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Orthopedic Splints market.

    Detailed TOC of Orthopedic Splints Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Number of Musculoskeletal Disorders
    4.2.2 Increasing Bone Facture Cases
    4.2.3 Rise In Geriatric Population
    4.3 Market Restraints
    4.3.1 Negligence toward Minor Injuries
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product
    5.1.1 Fiberglass Splints
    5.1.2 Plaster Splints
    5.1.3 Splinting Tools And Accessories
    5.1.4 Others
    5.2 Application
    5.2.1 Lower Extremity Splints
    5.2.1.1 Ankle and Foot Splints
    5.2.1.2 Hip Splints
    5.2.1.3 Knee Splints
    5.2.2 Upper Extremity Splints
    5.2.2.1 Elbow Splints
    5.2.2.2 Hand and Wrist Splints
    5.2.2.3 Neck Splints
    5.2.2.4 Shoulder Splints
    5.2.3 Spinal Splints
    5.3 End-user
    5.3.1 Hospitals
    5.3.2 Outpatient Centers
    5.3.3 Others
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East and Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East and Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Breg, Inc.
    6.1.2 BSN Medical
    6.1.3 3M Company
    6.1.4 Otto Bock Healthcare
    6.1.5 DeRoyal Industries, Inc.
    6.1.6 Medi GmbH & Co. KG
    6.1.7 Zimmer Biomet Holdings, Inc.
    6.1.8 Stryker Corporation
    6.1.9 Bird & Cronin
    6.1.10 Patterson Medical Holdings Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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