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Recent research: Orthopedic splints market reach US$ 650 million by 2023, from US$ 650 million in 2017

Medical Market Research

Over the next five years, LPI(LP Information) projects that Orthopedic Splints will register a xx% CAGR in terms of revenue, reach US$ 650 million by 2023, from US$ 650 million in 2017.

A splint is a device used for support or immobilization of a limb or the spine. It can be used in multiple situations, including temporary immobilization of potentially broken bones or damaged joints and support for joints during activity.

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The classification of orthopedic splints according to the materials includes fiberglass splints, polyester splints and others, and the proportion of polyester splints in 2016 is about 34%, and the proportion is in increasing trend from 2012 to 2016.

Market competition is intense. DJO, 3M Healthcare, BSN Medical,. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Orthopedic Splints market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

  • Fiberglass Splints
  • Polyester Splints
  • Others

Segmentation by application:

  • Hospital
  • Orthopedic Clinic

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • DJO
  • 3M Healthcare
  • BSN Medical
  • Össur
  • Lohmann & Rauscher
  • DeRoyal
  • Zimmer Biomet
  • ORFIT
  • Parker Medical Associates
  • Mika Medical
  • Darco
  • Spencer

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Orthopedic Splints consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Orthopedic Splints market by identifying its various subsegments.
  • Focuses on the key global Orthopedic Splints manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Orthopedic Splints with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Orthopedic Splints submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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