Global Casting and Splinting Market To Reach US$ 3 Billion By 20 - Erie News Now | WICU & WSEE in Erie, PA

Global Casting and Splinting Market To Reach US$ 3 Billion By 2024

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The global casting and splinting market is expected to exceed US$ 3 billion by 2024, registering a compound annual growth rate (CAGR) of more than 6% during the forecast period. The increasing incidences of accidental, sports and adventure related injuries, usage of advanced materials to manufacture casts and splints, and aging global population are expected to drive the market during the forecast period. However, unfavorable reimbursement policies are hampering the growth of the market.

In this report, the global casting and splinting market is segmented by product and region. On the basis of product, the market covers casting supplies and equipment and splinting supplies and equipment. The casting supplies and equipment segment accounted for the largest share of the market, and this trend is expected to continue during the forecast period. The splinting supplies and equipment segment is divided into splinting tools and accessories (fasteners, padding, covers), Other splints (metal, plastic, neoprene, polyester), plaster splints, and fiberglass splints. The casting supplies and equipment segment is divided into casting tools and accessories, cast cutters, casting tapes, and plaster casts.

The global casting and splinting market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is the largest casting and splinting market. North America is the second-largest casting and splinting market. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional casting and splinting market and analyzes the variations in the growth of the industry in certain regions.

A glimpse of the report structure is provided in the report description available on the website.

https://www.marketresearchengine.com/reportdetails/casting-and-splinting-market

3M Health Care, BSN medical GmbH, DJO, LLC, DeRoyal Industries, Inc., Orfit Industries N.V., ssur hf., Prime Medical, Inc., Spencer Italia S.r.l., Stryker Corporation, and Zimmer Biomet Holdings, Inc. are the most active players in the casting and splinting market.

This report covers the casting and splinting market, in terms of value, and forecasts the market size till 2024. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global casting and splinting market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the casting and splinting market will help customers with identifications of new market opportunities and targeted promotional plans.

 

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Source: http://www.financeswire.com/global-casting-and-splinting-market-to-reach-us-3-billion-by-2024

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