Orthopedic Splints Market – Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2022 to 2032

 In 2021, the market for orthopaedic splints was estimated to be worth roughly US$1.5 billion. The market is anticipated to grow at a CAGR of 11.5% over the following ten years, reaching a value of about US$ 4.9 billion by the end of 2032. Orthopedic splint demand has been sparked by the recent rise in osteoporosis cases and the growing number of elderly people.

From 2017 to 2021, the orthopaedic splint market expanded with a CAGR of 10.6%. The spike in demand for fibreglass splints is anticipated to support market growth. Comparatively speaking, fibreglass splints are vastly superior to plaster splints. They are a preferable option due to their improved durability and porosity in addition to the fact that they are lighter.

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By the end of 2032, it is expected that the market for orthopaedic splints will have reached record sales of US$ 4.9 billion, growing at a CAGR of 11.5%. The USA will remain the largest market for the duration of the analysis, with an absolute monetary opportunity of approximately US$ 1.1 billion over the next ten years.

Key Segments Covered in Market Survey

The Orthopedic Splints Market is segmented based on application, product type, end-user, and region.

By Product Type:

  • Plaster Splints
  • Fiberglass Splints
  • Tools & Accessories
  • Other Product Types

By Application:

  • Upper Extremity
    • Elbow
    • Hand & Wrist
    • Shoulder
    • Neck
  • Lower Extremity
    • Hip 
    • Knee
    • Ankle & Foot

By End-User:

  • Specialty Centers
  • Hospitals
  • Other End-users

 

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