What is Global Hospital Braces and Support Casting and Splints Market?
The Global Hospital Braces and Support Casting and Splints Market is a comprehensive sector that encompasses a wide range of medical equipment. These include braces and supports, casting supplies, and splinting supplies, all of which are used in hospitals worldwide. The market is driven by the increasing prevalence of orthopedic conditions and injuries, as well as the growing demand for non-invasive treatment options. The market also benefits from advancements in technology, which have led to the development of more effective and comfortable products. The market's value is further enhanced by the fact that these products are often necessary for patients' recovery and rehabilitation, making them an essential part of the healthcare industry.
Braces & Support, Casting Supplies, Splinting Supplies in the Global Hospital Braces and Support Casting and Splints Market:
Braces and supports, casting supplies, and splinting supplies are all integral components of the Global Hospital Braces and Support Casting and Splints Market. Braces and supports are used to stabilize, immobilize, and protect various parts of the body following an injury or surgery. They can also be used to correct physical deformities or to alleviate pain caused by conditions such as arthritis. Casting supplies, on the other hand, are used to create casts that protect and support broken or fractured bones as they heal. Splinting supplies are similar to casting supplies but are typically used for less severe injuries. These products are made from a variety of materials, including plaster, fiberglass, and thermoplastic, and are available in a range of sizes and shapes to accommodate different patients' needs.
Ligament Injury, Preventive Care, Osteoarthritis in the Global Hospital Braces and Support Casting and Splints Market:
The Global Hospital Braces and Support Casting and Splints Market plays a crucial role in the treatment of various conditions and injuries. For instance, braces and supports are often used in the treatment of ligament injuries, which are common in athletes and physically active individuals. They provide the necessary support and stability to the injured ligament, allowing it to heal properly and preventing further injury. In terms of preventive care, braces and supports can be used to prevent injuries in individuals who are at high risk, such as those with weak or unstable joints. Furthermore, braces and supports, as well as casting and splinting supplies, are commonly used in the management of osteoarthritis, a degenerative joint disease that affects millions of people worldwide. These products can help to alleviate pain, improve mobility, and enhance the quality of life for individuals with this condition.
Global Hospital Braces and Support Casting and Splints Market Outlook:
Looking at the market outlook, the Global Hospital Braces and Support Casting and Splints Market was valued at a significant US$ 3615 million in 2023. The market is projected to experience substantial growth, with expectations to reach a value of US$ 5466.6 million by 2030. This represents a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2024 to 2030. This growth can be attributed to several factors, including the increasing prevalence of orthopedic conditions, the growing global elderly population, and the continuous advancements in medical technology.
| Report Metric | Details |
| Report Name | Hospital Braces and Support Casting and Splints Market |
| Accounted market size in 2023 | US$ 3615 million |
| Forecasted market size in 2030 | US$ 5466.6 million |
| CAGR | 6.1% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | DJO Global, Ottobock, Ossur, 3M Company, Bauerfeind, DeRoyal, Medi GmbH & Co., Zimmer, Lohmann & Rauscher, Breg, THUASNE, ORTEC, BSN Medical, Tynor Orthotics, DUK-IN, Prime Medical, Adhenor, Aspen, Rcai, Truelife, Huici Medical, Dynamic Techno Medicals |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
