Cast Saw Devices Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4106
Cast Saw Devices Market size is expected to grow significantly from 2019 to 2025.
Increasing incidences of osteoporosis, trauma and accidents across the globe will prove beneficial for cast saw devices market growth. According to WHO, nearly 1.35 million people die each year due to road traffic crashes. This scenario may result in increased number of fracture cases, that should augment demand for cast saw devices. These instruments have pivotal role in removing the hard cover safely by preventing injuries or cuts to patient’s skin. Thus, safety obtained through these instruments will rise its preference that will accelerate cast saw devices market growth.
Growing geriatric population susceptible to chronic diseases globally will prove beneficial for cast saw devices market growth. Geriatric population are vulnerable to various bone disorders such as osteoporosis and osteoarthritis. Thus, aged people may come across with numerous fractures associated with joints and hips. Subsequent rise in geriatric population suffering from bone disorders will augment demand for cast saw devices, thereby propelling business growth. However,
Battery-powered cast saw segment had considerable revenue share in 2018 and it will extensively grow in near future. Battery powered devices gets activated after the pressure is applied and displays the user to select optimum speed. Inbuilt processor enables in controlled voltage booster that ensures constant cutting. Moreover, these devices can cut sharp edges smoothly that are present near elbows. These devices ensure low noise that minimizes patient’s anxiety. As a result, benefits associated with these devices will increase its demand, thereby fueling segment growth.
Titanium nitride segment is anticipated to witness substantial growth in forecast time period. Titanium nitride cast saw blades are used for constant cutting plastics, composites and casting materials safely. Titanium nitride cast saw devices resist wear and tear that elongates its shelf life. Durability factor will rise its preference in healthcare facilities that will rise its demand in coming years, thereby exceeding segment revenue.
Hospitals segment had lucrative revenue in 2018 and it will increase in coming years. Surging prevalence of osteoporosis, rising number of accidents and traumas will increase patient hospitals for effective treatment. Well established healthcare infrastructure and efficient services offered in hospitals increases patient’s treatment preference towards it. Thus, growing incidences of accidents, traumas coupled with availability of good healthcare infrastructure will prove beneficial for cast saw devices market growth.
Asia Pacific cast saw devices market is anticipated to witness significant growth in forthcoming future. Increasing emergency cases in the region will surge operational procedures, wherein cast saw devices will have crucial role. Moreover, growing geriatric population susceptible to musculoskeletal diseases will fuel regional cast saw devices market. Role of cast saw devices in removing tough and sharp cover will benefit the market growth. Aforementioned factors will increase demand for these instruments that will propel regional cast saw devices market growth in analysis time frame.
Some of the notable industry players operating in the cast saw devices market are De Soutter Medical, Shanghai Bojin Medical, Medezine, Essity Aktiebolag, Smith & Nephew, Medline Industries, HEBUmedical, Stryker, McArthur Medical Sales, Hanshin Medical, OSCIMED and Prime Medical. These industry players implement several strategies such as product launches, mergers and acquisitions, collaborations, etc. These strategies enable companies to grab more market share and sustain in the market. For instance, in May 2015, HEBUmedical launched GOLD II Autopsie. This device cut plastic casts and prevent it from melting due to heat generated. Product launches strategy will enable company to provide innovative solutions that should exceed firm’s revenue.
Cast Saw Devices Market By Power Source Type, 2014-2025 (USD Million)
- Electric Cast Saw
- Battery-Powered Cast Saw
Cast Saw Devices Market By Blade Material, 2014-2025 (USD Million)
- Stainless Steel
- Titanium Nitride
- Ion Nitride
Cast Saw Devices Market By End User, 2014-2025 (USD Million)
- Ambulatory Surgical Centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Essity Aktiebolag
- De Soutter Medical
- Smith & Nephew
- Medline Industries
- McArthur Medical Sales
- Prime Medical
- Shanghai Bojin Medical
- Hanshin Medical
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