Orthopedic Splints Market to Grow with a CAGR of 6.30% through 2030
Increase demand for orthopedic splints and
advancements in medical technology are expected to drive the Global Orthopedic
Splints Market growth in the forecast period, 2026-2030.
According to
TechSci Research report, “Orthopedic Splints Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030”, the
Global Orthopedic Splints Market stood at USD 1.67 billion in 2024 and is
anticipated to grow with a CAGR of 6.30% in the forecast period through 2030.
This can be attributed to rehabilitation and physical therapy. Orthopedic
splints play a vital role in rehabilitation and physical therapy programs. They
aid in restoring joint function and muscle strength after injuries or
surgeries. The increasing awareness of the importance of rehabilitation in
achieving optimal outcomes has boosted the utilization of orthopedic splints in
post-injury care.
Moreover, collaboration between manufacturers,
healthcare providers, and researchers is fostering innovation in the orthopedic
splints market. Ongoing research and clinical trials aim to improve the
efficacy of splints, leading to better patient outcomes.
The market is
poised for growth due to the increasing incidence of bone fractures and the
expanding elderly population. Additionally, there is an expected upsurge in
musculoskeletal disorders, which is also set to contribute to market expansion.
However, during the COVID-19 pandemic, the demand for orthopedic splints
witnessed a decline due to a reduction in global bone fracture cases. This
decrease in fractures was primarily a result of extended lockdowns implemented
in numerous countries worldwide. Consequently, market players faced a downturn
in both their specific segments and overall revenues. For example, Zimmer
Biomet recorded an 8.5% decrease in its S.E.T segment, while Essity experienced
a 9.9% decline in its medical solutions segment in 2020. In accordance with the
National Center for Biotechnology Information, approximately 1.5 million
individuals suffered fractures caused by bone diseases as of 2020. Furthermore,
the growing elderly population is expected to contribute to a higher incidence
of such fractures, consequently driving the demand for these products and
fueling market growth.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Orthopedic Splints Market”
The Global Orthopedic
Splints Market is segmented into product, application, end-user, regional
distribution, and company.
Based on end-user, hospitals represent the fastest-growing segment in the orthopedic splints market. This growth is attributed to several factors, including the high volume of orthopedic procedures performed in hospital settings, the availability of advanced medical facilities, and the presence of specialized orthopedic departments. Hospitals are often the primary choice for patients requiring comprehensive orthopedic care, particularly for acute injuries and post-surgical rehabilitation. The increasing incidence of musculoskeletal disorders, fractures, and sports-related injuries has led to a higher demand for orthopedic splints in hospitals. Additionally, the integration of innovative technologies and materials in splint design has enhanced patient outcomes, further driving their adoption in hospital environments. As a result, hospitals continue to play a pivotal role in the expansion of the orthopedic splints market.
Based on Region, the Asia Pacific region is witnessing the fastest growth in the orthopedic splints market. This growth is largely fueled by a combination of demographic and healthcare trends. The region is home to a rapidly aging population, particularly in countries like Japan, China, and South Korea, where age-related musculoskeletal issues and fracture cases are becoming increasingly common. Additionally, rising awareness of orthopedic health, along with improved access to healthcare services, is encouraging more people to seek timely treatment for injuries and chronic conditions. Many countries in the region are also investing heavily in healthcare infrastructure, which is enhancing the availability of orthopedic treatments, including the use of splints in both acute care and rehabilitation settings. The increasing focus on preventive care and recovery support, coupled with the availability of cost-effective products, is further boosting the adoption of orthopedic splints.
Major companies
operating in Global Orthopedic Splints Market are:
- Essity AB
- SAM Medical Products
- 3M
- Otto Bock Healthcare GmbH
- DeRoyal Industries Inc
- medi GmbH & Co. KG
- Zimmer Biomet Holdings Inc
- Stryker Corporation
- United MedicareBreg, Inc
- Ossur
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“The global
orthopedic splints market is poised for exciting developments. Personalization,
technology integration, sustainability, and patient-centered care are among the
key trends driving this evolution. As the market continues to adapt to changing
healthcare dynamics, patients can expect to receive more effective and
convenient orthopedic care, ultimately improving their quality of life.
Manufacturers and healthcare providers will play a pivotal role in shaping
these trends and ensuring that orthopedic splints remain at the forefront of
musculoskeletal care,” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Orthopedic Splints Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Fiberglass Splints, Plaster Splints, Tools & Accessories, Others), By Application (Lower Extremity (Hip, Knee, Ankle & Foot), Upper Extremity (Elbow, Hand & Wrist, Shoulder, Neck)), By End-user (Hospitals, Specialty Centers, Others), By Region and Competition, 2020-2030F”,
has evaluated the future growth potential of Global Orthopedic Splints Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Orthopedic Splints Market.
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