Clinic Casting and Splinting Products Market Global Report | 2022-2030

[Research Report] The clinic casting and splinting products market was valued at US$ 1,383.42 million in 2022 and the clinic casting and splinting products market size is projected to reach US$ 2,085.57 million by 2030. It is expected to register a CAGR of 5.3% during the forecast period (2022-2030).

Market Insights and Analyst View:

The clinic casting and splinting plays an essential role in the management and treatment of orthopedic issues. The increasing number of sports and fitness activities-related injuries and transit accidents propel the demand for clinic casting and splinting products. Rise in accidents at home and on road, increase in geriatric population suffering from osteoarthritis, and bones weakening in adult due to calcium deficiency fuel the clinic casting and splinting products market growth. Increased awareness about the use of clinic casting and splinting products in countries such as India, China, Italy, and Spain and technological advancements in products by companies would create opportunity for the clinic casting and splinting products market growth during the forecast period.

Growth Drivers and Opportunities:

According to the World Health Organization (WHO), musculoskeletal conditions is the leading cause of disability across the world, and low back pain is the single leading cause of disability in 160 countries. Musculoskeletal disorders ranked first in years lived with disability (YLDs) and sixth in disability-adjusted life-years (DALYs) globally in 2019. According to WHO, ∼1.71 billion people across the world had musculoskeletal conditions in 2021. According to a study titled “Global prevalence of musculoskeletal disorders among physiotherapists: a systematic review and meta-analysis” published in the National Library of Medicine, there has been an increase in the incidence of musculoskeletal diseases in the US, Canada, Australia, and European countries.

Rheumatoid arthritis (RA), osteoarthritis (OA), low-back pain (LBP), and neck pain (NP) are a few common musculoskeletal conditions. According to an article published by Springer Nature in 2023, rheumatoid arthritis, one of the main autoimmune rheumatic diseases, affects 14 million people worldwide. Joint pain is the most common reason for specialist referrals. Cast or splint is used in the management of various musculoskeletal conditions. To maximize benefits while minimizing complications, the use of casts and splints is generally limited to the short term. Thus, the rising incidence of musculoskeletal conditions is driving the growth of the clinic casting and splinting products market.

The rapid development of 3D printing implies fast penetration 3D printing techniques into the healthcare system, especially for treating fractures. In rehabilitation tool manufacturing, 3D printing technology is applied to orthopedic cast fabrication to create patient-specific features with an appropriate fit and a ventilated structure. The novel casting technology heals the fracture effectively without casting complications. The 3D-printed cast is customized and lightweight.

Patient-specific and 3D-printed casts develop proper fit according to the shape of the injured arm. Thus, the risk of stress concentration can be reduced since large contact areas are created. 3D printing makes the fabrication process simpler and in shorter period, especially in a customized design. On that account, the application of 3D printing in biomedical engineering is growing and promising to be practiced in the future. Also, the customizable hand cast made by using 3D printing technique is reliable and provides comfort and satisfaction to the patients. 3D printing is an evolving technology that has a potential application in treating pediatric forearm fractures. These factors can lead to better patient compliance. The 3D-printed cast proved to be superior in terms of satisfaction, comfort, and perceived function as compared to the fiberglass. Thus, the above-mentioned factors would create significant opportunities for the clinic casting and splinting products market in the coming years.

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Clinic Casting and Splinting Products Market: Strategic Insights

Market Size Value in	US$ 1,383.42 million in 2022
Market Size Value by	US$ 2,085.57 million by 2030
Growth rate	CAGR of 5.3% from 2022 to 2030
Forecast Period	2022-2030
Base Year	2022

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Report Segmentation and Scope:

The “Global Clinic Casting and Splinting Products Market” is segmented on the basis of product, application, material, and geography. Based on product, the clinic casting and splinting products market is segmented into casting and splinting. The market for the casting segment is further segmented into casts, tapes, cutters, and casting accessories. The market for the splinting segment is subsegmented into splints and splinting accessories.  Based on application, the clinic casting and splinting products market is segmented into fractures or sprains, tendon and ligament injuries, and others. Based on material, the clinic casting and splinting products market is segmented fiberglass, plaster of Paris, and others. The clinic casting and splinting products market, based on geography, is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Segmental Analysis:

Based on product, the clinic casting and splinting products market is segmented into casting and splinting. The market for the casting segment is further segmented into casts, tapes, cutters, and casting accessories. The market for the splinting segment is subsegmented into splints and splinting accessories. A cast holds a broken bone in place when it is repairing. Casts also prevent or decrease muscle contractions and help keep the injured area immobile, mainly after surgery, which can also help decrease pain. Casts are custom molds made of fiberglass or plaster designed to wrap around an injury. They can only be securely removed in a doctor's office. A cast can be molded specifically as per the fracture's needs and worn for several weeks as needed. The cast is more rigid than the temporary splint, but both may feel heavy. The main purpose of splinting is to immobilize the joints and bones above and below the fracture site. This is to prevent bone edges from moving and damaging other muscles, vessels or nerves, and further complications. Splinting is effective when the adjacent joints and bones remain immobilized. Splinting plays a major role in the management of musculoskeletal injuries, including treatment of overuse and soft tissue injuries (eg, tendonitis and sprains), as well as for traumatic injuries such as extremity fractures and joint dislocations. 

Clinic Casting and Splinting Products Market, by Product – 2022 and 2030

Access Data

The global clinic casting and splinting products market, based on application, is segmented into acute fractures or sprains, tendon and ligament injuries, and others. The acute fractures or sprains segment held the largest clinic casting and splinting products market share in 2022 and is anticipated to register the highest CAGR during the forecast period. Sprains and fractures are common injuries. A sprain is a stretch or tear in a ligament around a joint. They vary in severity depending on how much damage is done. In a mild sprain, a ligament is stretched, but the joint remains stable and is not loosened. A moderate sprain partly tears the ligament, causing the joint to be unstable. In case of a critical sprain, ligaments tear completely or separate from the bone. This loosening interferes with how the joint functions. All sprains cause pain, swelling, bruising, and inflammation; however, their intensity varies.

Hairline fractures are tiny cracks, partial breaks are larger cracks, and complete fractures are when a bone breaks into two or more pieces. Casts and splints protect and support injured bones or fractured joints. They keep the bone in place until it fully heals.

Tendons and ligaments are forms of connective tissues that connect muscles and bones to form the musculoskeletal system. Both tendons and ligaments are similar in composition and are primarily made of collagen fibers. Tendon and ligament tears or ruptures are injuries to the soft tissues that connect muscles and joints. Common symptoms of tendon and ligament tears are pain and swelling. Tendon and ligament tears are common injuries. The most common knee ligament injury is tearing the anterior cruciate ligament (ACL). Approximately one in 3,500 people get injured in their ACLs.

Based on material, the clinic casting and splinting products market is segmented into fiberglass, plaster of Paris, and others. The plaster of Paris segment held the largest clinic casting and splinting products market share in 2022. Due to its inexpensive cost, simplicity of application, and capacity to take the shape of the body part being immobilized, plaster of Paris is frequently used for casting and splinting applications. However, the fiberglass segment is anticipated to register the highest CAGR in the market during the forecast period. Plaster of Paris is generally less expensive and more moldable than its synthetic counterparts. The major advantages of plaster over synthetic materials in the prevention of cast sores and limb compression are increased flexibility and effective spreading. Plaster of Paris is a soft material that is malleable when wet but becomes hard when dry. It is available as rolls of crinoline (a stiff fabric made of cotton, nylon, or polyester) impregnated with Plaster of Paris. It can be easily wound around the hand or leg when wet. The cast will set very quickly but takes a long time to dry. During this time, one should not move the body part where the cast is put as movement could result in cracks on the cast.

Regional Analysis:

Based on geography, the clinic casting and splinting products market is segmented into five key regions—North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. In 2022, North America held the largest share of the global clinic casting and splinting products market, and Asia Pacific is estimated to register the highest CAGR during the forecast period. The North America clinic casting and splinting products market has been segmented into the US, Canada, and Mexico; being the major contributors to clinic casting and splinting products market growth in this region. The North America clinic casting and splinting products market is growing due to the rising cases of osteoporosis and musculoskeletal injuries and increasing prevalence of age-related orthopedic disorders brought on by the growing geriatric population. Furthermore, carefully thought-out reimbursement regulations enable access to pricey casting and splinting equipment, supporting market growth. According to the United States Bone and Joint Initiative (USBJI), musculoskeletal diseases affect nearly three out of four people aged 65 and above and one in every two persons aged 18 and above in the US. According to Centers for Disease Control and Prevention (CDC), in 2019, 54.1 million adults in the US were 65 or older, representing 16% of the population. By 2040, the number of older adults is expected to reach 80.8 million. By 2060, it will reach 94.7 million, and older adults will make up nearly 25% of the US population. Orthopedic injuries are common in the aging population due to biological changes in older adults’ bodies. As people grow older, their bone mineral density decreases. Musculoskeletal diseases are becoming a greater burden every year with the aging US population. One of the serious problems faced by aging population is fractures. Moreover, osteoporosis, a metabolic bone disease that causes reduced mineral density and bone quality, is a significant health and economic burden in the US. Fractures can occur in any bone; however, hip and spine fractures are the most common, accounting for 42% of all osteoporotic fractures. More than 700,000 vertebral body compression fractures occur per year in the US. In the country, one in two women over 50 have an osteoporosis-related bone break in their lifetime.

Industry Developments and Future Opportunities:

Following is initiative taken by key players operating in the global clinic casting and splinting products market:

1. In June 2020, Össur Americas acquired College Park Industries, a prosthetic feet, ankles, and knees manufacturer. The acquisition aimed to expand Össur Americas' product offerings in the prosthetics market.

COVID-19 Impact: 

The COVID-19 pandemic affected economies and industries in various countries across the globe. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SCAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the healthcare industry. Demand for casting and splinting products was increasing steadily before the COVID-19 pandemic. These products were being used in clinics, hospitals, and healthcare facilities for the immobilization of fractures or sprain affected areas. Many casting and splinting products were developed for fractures, sprains, and ligament damage healing. Also, due to an increase in injury cases due to accidents on the road and at home, especially in the geriatric population, drove the growth of the market in pre-COVID-19 pandemic period. During the COVID-19 pandemic, many countries-imposed lockdowns to avoid the spread of novel coronavirus that causes COVID-19. As a result, there was a decrease in road accidents and workplace accidents, which dropped the number of fractures, sprains, and ligament damage cases. This hampered the growth of the clinic casting and splinting products market during the COVID-19 pandemic. However, due to an upsurge in home accidents caused by various reasons such as falls at home, cases of fractures or sprains increased during this period. This gradually increased the demand for clinic and splinting products.

Competitive Landscape and Key Companies:

DeRoyal Industries Inc, Prime Healthcare Services Inc, 3M Co, Corflex Inc, Essity AB, Dynatronics Corporation, Zimmer Biomet Holdings Inc, Ossur hf, Performance Health Holding Inc, and Enovis Corp are a few prominent players operating in the global clinic casting and splinting products market. These companies focus on new product launches and geographical expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios. They have a widespread global presence, which provides them to serve a large set of customers and subsequently increases their market share. The report offers trend analysis of the clinic casting and splinting products market emphasizing on various parameters such as technological advancements, market dynamics, and competitive landscape analysis of leading market players across the globe.