Emergency Splints Market Analysis to be at Forefront by 2027

by Pooja on Apr 16, 2020 Health and Fitness 210 Views

Emergency Splints Market: Introduction

  • Emergency medical splints are supportive medical devices used to keep intact the position of any suspected fractures in the leg, arm, neck, or spine
  • These splints are primarily used to provide pain relief at fractured limb, support the bone ends of fractured site, prevent bone protruding through skin and soft tissues, and facilitate safe and seamless causality transport
  • These splints are available in two basic types: flexible and rigid. These are made of different materials such as plaster, fiberglass, metals, plastic boards, and bandages.

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Emergency Splints Market: Key Drivers

  • The global emergency splints market is primarily driven by high prevalence and increase in incidence rate of orthopedic disorders leading to bone fractures. According to the International Osteoporosis Foundation, more than 200 million people were affected with osteoporosis across the globe in 2015. Moreover, the global annual incidence rate of hip fracture is about 1.7 million.
  • Large number of road traffic injuries across the globe is one of the key factors likely to fuel the growth of the global emergency splints market during the forecast period
  • According to the World Health Organization, road traffic crashes account for around 1.35 million deaths across the globe every year.

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Rigid Splints Segment to Dominate Global Market

  • In terms of product, the global emergency splints market can be bifurcated into rigid splints and flexible splints. The rigid splints segment in projected to dominate the global market during the forecast period.
  • Rigid splints are used to prevent movement of fractured arm or leg. These are made of plastic, fiber materials, or metals. Wide applications of rigid splints in the orthopedic & rehabilitation centers, low cost, and easy availability are anticipated to contribute to the segment’s significant market share during the forecast period.
  • The flexible splints segment is expected to grow at a rapid pace during the forecast period. Rise in demand and adoption of flexible splints, new product development, and ease of use are likely to boost the growth of the segment in the near future.

Plaster Segment to Offer Significant Opportunities

  • Based on material, the global emergency splints market can be classified into plaster, fiberglass, bandages, and others
  • The plaster segment is anticipated to dominate the global emergency splints market from 2019 to 2027. Plaster is the most commonly and widely preferred material for emergency splints. It offers several advantages over other materials such as it is more pliable and has slower setting time.

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Upper Extremity to be Most Attractive Segment

  • In terms of application, the global emergency splints market can be categorized into upper extremity, lower extremity, and others
  • The upper extremity segment can be segregated into elbow, hand & wrist, neck, and shoulder. The lower extremity segment can be split into ankle & foot, hip, and knee.
  • The upper extremity segment is expected to offer lucrative opportunities for market players during the forecast period

Hospitals Segment to Dominate Global Emergency Splints Market

  • In terms of end-user, the global emergency splints market can be divided into hospitals, ambulatory surgery centers, clinics, and others
  • The hospitals segment is likely to dominate the global emergency splints market during the forecast period owing to large number of orthopedic surgeries performed in these facilities, easy availability of splints, and availability of skilled professionals in hospitals.

Asia Pacific Emergency Splints Market to Expand Rapidly

  • In terms of region, the global emergency splints market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America is projected to dominate the global market during the forecast period. High prevalence of orthopedic disorders, large number of musculoskeletal surgical procedures, and increase in number of road traffic accidents are attributed to the region’s dominant market share from 2019 to 2027.
  • The emergency splints market in Asia Pacific is anticipated to grow at a rapid pace during the forecast period. Growth of the market in Asia Pacific is attributed to rise in number of trauma injuries and accidental cases, and increase in number of orthopedic surgeries in the densely populated countries such as India and China.
  • Moreover, rapid growth of the health care industry in Asia Pacific, easy access to health care facilities, and increase in investments in health care by leading players are expected to fuel the growth of the market in the region.

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Key Players Operating in Global Emergency Splints Market

  • The global emergency splints market is highly fragmented, with large number of domestic players holding majority share in respective regions. Key players operating in the global emergency splints market are:
    • DJO Global, Inc.
    • 3M Company
    • Zimmer Biomet
    • KineMedics
    • Me.Ber. srl
    • DeRoyal Industries, Inc.
    • Stryker Corporation
    • HERSILL S.L.
    • Paramed International
    • Össur Corporate

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Article source: https://article-realm.com/article/Health-and-Fitness/5737-Emergency-Splints-Market-Analysis-to-be-at-Forefront-by-2027.html

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