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Orthopedic Splints Market Size

  • Report ID: GMI3779
  • Published Date: Jul 2023
  • Report Format: PDF

Orthopedic Splints Market Size

Orthopedic Splints Market size was valued at over USD 2.3 billion in 2022 and is projected to reach around USD 5.2 billion by 2032 owing to increasing prevalence of orthopedic ailments coupled with rising demand for minimally invasive surgical procedures.

 

Orthopedic Splints Market

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Technological advancements in orthopedic splints with advance rehabilitative technology and use of efficient materials to provide support. Orthopedic injuries, including fractures and sprains, are prevalent across all age groups. The increasing participation in sports and recreational activities, as well as road accidents, contribute to the demand for orthopedic splints. Rising incidence of trauma and injuries among ageing population increases the demand for orthopedic splints for faster recovery and better clinical results.

 

Orthopedic splints are medical devices intended to support, stabilize, and immobilize injured or fractured bones and joints in the musculoskeletal system. These splints are used in the to provide temporary or long-term support during the healing process of fractures, sprains, strains, and other orthopedic injuries affecting bones, joints, and soft tissues.

 

Alternative treatment options, such as braces, casts, or surgical interventions, provide viable alternatives to orthopedic splints depending on the nature and severity of the injury. Surgical interventions may be considered as a more definitive treatment option for certain orthopedic conditions. Surgeries can provide a permanent solution to the injury or condition, eliminating the need for prolonged use of orthopedic splints. This preference for surgical interventions can limit the demand for splints.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Global market for orthopedic splints was valued at over USD 2.3 billion in 2022 and is estimated to be worth around USD 5.2 billion by 2032 attributed to the increasing prevalence of orthopedic ailments coupled with rising demand for minimally invasive surgical procedures.

The fiberglass product splints segment held more than 36% share of the orthopedic splints industry in 2022 and is expected to expand at notable pace through 2032 owing to their several benefits in several orthopedic applications.

North America market size was USD 878.2 million in 2022 and is set to grow steadily from 2023-2032 driven by the presence of significant industry players, the increase in the number of patients suffering from orthopedic disorders, and the expanding elderly population.

Some of the major orthopedic splints firms include 3M, Becton, Dickinson and Company, Breg, Inc., DeRoyal Industries, Inc., DJO Global, Dynatronics Corporation, Essity AB, Medi GmbH & Co. KG, Orthosys, Össur, Ottobock, Sam Medical, Stryker Corporation, United Medicare, and Zimmer Biomet among others.

Orthopedic Splints Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 519
  • Countries covered: 30
  • Pages: 180
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