đ¸Cash Payment No Advance Call Girls Kolkata 𧿠9332606886 𧿠High Class Call Gi...
Â
Cardiac rehabilitation market: emergence of advanced technologies and global industry analysis 2024!!
1. Cardiac Rehabilitation Market: Emergence of Advanced Technologies and
Global Industry Analysis 2024!!
Date: 03-02-2017 08:07 PM CET
Category: Health & Medicine
Press release from: Transparency Market Research - Medical Devices
The global casting and splinting market exhibits the prevalence of intense competition as the presence of a large number of
local and established players have rendered the market highly fragmented. As per Transparency Market Research (TMR), 3M
healthcare, BSN Medical GmBH, Prime Medical, Inc., and Stryker Corporation constitute the leading companies in the casting
and splinting market.
The most prominent companies in the market are currently focusing on strategic mergers and acquisitions to expand their
presence globally. These enterprises are also vying to expand their businesses across emerging economies and increase their
product offerings to gain the lionâs share in the market.
Browse Global Strategic Business Report:
www.transparencymarketresearch.com/casting-splinting-mark...
Rising Incidence of Accidents and Traumatic Injuries Creates Opportunities for Casts and Splints Sale
The demand for splint and casts is rising in response to the increasing incidence of orthopedic, sports, and musculoskeletal
injuries globally. Since old people are more prone to injuries, the rising in geriatric population will boost opportunities for
casts and splints sale. Furthermore, leading producers have started using advanced materials for manufacturing casts and
splints in order to pace up with the evolution of technology. This has also helped in boosting the demand for casting and
splinting supplies.
âHowever, unfavorable reimbursement policies and health insurance covers have been acting against the marketâs growth
prospects,â said a lead TMR analyst. âThe lack of government as well as private insurance cover also limits opportunities for
the market across developing countries such as India and Brazil,â he added.
Nevertheless, since there is little likelihood for the occurrence of road accidents and sports related to reduce in the near
Seite 1 / 3
2. future, the demand for casting and splinting supplies is expected to remain high in Asia Pacific and Latin America. Besides
this, the increasing incidence of orthopedic disorders, trauma, and injuries in developing countries such as India, Brazil, and
China will provide considerably openings for vendors to capitalize on.
Demand for Splinting Supplies and Equipment Projected to Increase in Forthcoming Years
By products, the global casting and splinting market can be bifurcated into splinting supplies and equipment and casting
supplies and equipment. Of these, the demand for casting equipment and supplies is projected to increase at a substantial pace.
The segment also accounted for the dominant share in the market and is projected to rise at a CAGR of 5.6% between 2016
and 2024. In this segment, demand for cast cutters is expected to rise in the highest CAGR during the forecast period.
However, as per TMR analysis, growth exhibited by the splinting equipment and supplies segment is expected to be at a
higher. Between 2016 and 2024, the splinting equipment and supplies segment is expected to rise to a CAGR of 6.9%. A large
number of orthopedics are now preferring splints than casts because of better breathing offered by the former. Moreover,
splints are also easier to apply, which is fuelling their demand globally.
Asia Pacific to Remain the Most Lucrative Market for Casts and Splints
Regionally, Asia Pacific has been demonstrating the most lucrative prospects for the global casting and splinting market. The
region sealed its dominance in the global market with a share of 26.7% in 2015. As per TMR, due to the presence of a large
number of cast and splint supplies manufacturers in Asia Pacific, the region is likely to continue its position as a market leader
through the forecast period. The presence of a large pool of geriatric population, combined with the increasing awareness
about osteoporosis, will boost the Asia Pacific casting and splinting supplies market at 6.9% from 2015 to 2024.
Prospects for the market in North America will also remain lucrative through the forecast period.
As per Transparency Market Research, the global casting and splinting market stood at US$1.8 bn in 2015. Rising at a CAGR
of 6.1% between 2016 and 2024, the market is expected to reach US$3.1 bn by the end of 2024.
The report has been published based on information published by Transparency Market Research in a report, title âCasting
and Splinting (Supplies and Equipment) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 -
2024.â
Download Exclusive Brochure of This Report :
www.transparencymarketresearch.com/sample/sample.php?flag...
The global casting and splinting (supplies and equipment) market is segmented as follows:
Global Casting and Splinting (Supplies and Equipment) Market, by Product Type
Casting Supplies and Equipment
Plaster Casts
Casting Tapes
Cast Cutters
Casting Tools and Accessories (Covers, Padding, Scissors, etc.)
Splinting Supplies and Equipment
Fiberglass Splints
Plaster Splints
Other Splints (Polyester, Neoprene, Plastic, Metal, etc.)
Splinting Tools and Accessories (Covers, Padding, Fasteners, etc.)
Global Casting and Splinting (Supplies and Equipment) Market, by Geography
North America
U.S.
Seite 2 / 3
3. Canada
Europe
U.K.
Germany
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World (RoW)
Latin America
Middle East and Africa
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and
services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of
decision makers. TMRâs experienced team of analysts, researchers, and consultants, use proprietary data sources and various
tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable
information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food &
beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep
segmentation to possible micro levels. With wider scope and stratified research methodology, TMRâs syndicated reports strive
to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com
You can find this press release here
Seite 3 / 3