The Thermoplastic Splints Market is expected to register a CAGR of 9.9% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Thermoplastic Splints Market By Type (Low Temperature Thermoplastic Materials, High Temperature Thermoplastic Materials); Applications (Hand and Arm, Foot and Knee), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Thermoplastic Splints Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Thermoplastic Splints Market Segmentation
Type- Low Temperature Thermoplastic Materials
- High Temperature Thermoplastic Materials
- Hand and Arm
- Foot and Knee
Strategic Insights
Thermoplastic Splints Market Growth Drivers- Increasing Incidence of Musculoskeletal Injuries: The market for thermoplastic splints is significantly influenced by the increasing incidence of musculoskeletal ailments, such as sprains and fractures. As more people participate in sports and physical activities, there is a growing need for immobilization techniques such as thermoplastic splints.
- Advantages of Thermoplastic Materials: Compared to traditional materials, thermoplastic splints have a number of advantages, such as being lightweight, easy to apply, and able to conform to the anatomy of the patient. The demand for these products is increased by these benefits, which also improve patient comfort and compliance.
- Growth in Sports Participation: The need for thermoplastic splints is increased as a result of the rising rate of injuries brought on by increased involvement in sports and leisure activities. For a speedy recovery, athletes and energetic people frequently need rapid and efficient immobilization methods.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Technological Developments: The functionality and efficacy of splints have been enhanced by advancements in thermoplastic materials and production techniques. Better fit and customisation are made possible by advanced production techniques, which increases the attraction of thermoplastic splints to medical professionals.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Patient Comfort: The need for goods that improve comfort during treatment is rising as a result of the growing emphasis on patient-centered care. In keeping with this trend, thermoplastic splints are made to minimize discomfort while offering superior support.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Rising Healthcare Expenditure: Access to orthopedic care is growing as a result of the expansion of healthcare facilities, especially in developing nations. The need for thermoplastic splints is growing as more clinics and hospitals have access to contemporary therapeutic alternatives.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Mechanical Strength: Studies show that as compared to conventional thermoplastic splints, 3D-printed materials—especially those composed of polylactic acid (PLA)—display better mechanical qualities. For patients who might sustain unintentional impacts during recovering, 3D-printed splints, for example, exhibit superior resistance to dynamic stresses.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Fatigue Resistance: According to research, 3D-printed splints outperform conventional plaster or fiberglass casts in terms of maintaining their structural integrity under repeated stress. While 3D-printed materials can withstand comparable conditions with little distortion, traditional materials frequently lose their original shape following heavy loads.
- Application Process:Compared to traditional and conventional procedures, the fabrication process for 3D-printed splints can be more efficient. Conventional thermoplastic splints need to be heated and molded, but 3D printing can expedite the production process and possibly cut down on patient wait times.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Thermoplastic Splints Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Thermoplastic Splints Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
In Europe, the UK held the second largest share in 2023.
North America held the largest share in 2023 and is expected to retain its dominance during the forecast period
Mechanical Strength
The Thermoplastic Splints Market is estimated to witness a CAGR of 9.9% from 2023 to 2031
Hand and arm segment held the largest share in 2023.
Increasing Incidence of Musculoskeletal Injuries
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Thermoplastic Splints Market - By Type
1.3.2 Thermoplastic Splints Market - By Applications
1.3.3 Thermoplastic Splints Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. THERMOPLASTIC SPLINTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. THERMOPLASTIC SPLINTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. THERMOPLASTIC SPLINTS MARKET - GLOBAL MARKET ANALYSIS
6.1. THERMOPLASTIC SPLINTS - GLOBAL MARKET OVERVIEW
6.2. THERMOPLASTIC SPLINTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. THERMOPLASTIC SPLINTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LOW TEMPERATURE THERMOPLASTIC MATERIALS
7.3.1. Overview
7.3.2. Low Temperature Thermoplastic Materials Market Forecast and Analysis
7.4. HIGH TEMPERATURE THERMOPLASTIC MATERIALS
7.4.1. Overview
7.4.2. High Temperature Thermoplastic Materials Market Forecast and Analysis
8. THERMOPLASTIC SPLINTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. HAND AND ARM
8.3.1. Overview
8.3.2. Hand and Arm Market Forecast and Analysis
8.4. FOOT AND KNEE
8.4.1. Overview
8.4.2. Foot and Knee Market Forecast and Analysis
9. THERMOPLASTIC SPLINTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Thermoplastic Splints Market Overview
9.1.2 North America Thermoplastic Splints Market Forecasts and Analysis
9.1.3 North America Thermoplastic Splints Market Forecasts and Analysis - By Type
9.1.4 North America Thermoplastic Splints Market Forecasts and Analysis - By Applications
9.1.5 North America Thermoplastic Splints Market Forecasts and Analysis - By Countries
9.1.5.1 United States Thermoplastic Splints Market
9.1.5.1.1 United States Thermoplastic Splints Market by Type
9.1.5.1.2 United States Thermoplastic Splints Market by Applications
9.1.5.2 Canada Thermoplastic Splints Market
9.1.5.2.1 Canada Thermoplastic Splints Market by Type
9.1.5.2.2 Canada Thermoplastic Splints Market by Applications
9.1.5.3 Mexico Thermoplastic Splints Market
9.1.5.3.1 Mexico Thermoplastic Splints Market by Type
9.1.5.3.2 Mexico Thermoplastic Splints Market by Applications
9.2. EUROPE
9.2.1 Europe Thermoplastic Splints Market Overview
9.2.2 Europe Thermoplastic Splints Market Forecasts and Analysis
9.2.3 Europe Thermoplastic Splints Market Forecasts and Analysis - By Type
9.2.4 Europe Thermoplastic Splints Market Forecasts and Analysis - By Applications
9.2.5 Europe Thermoplastic Splints Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Thermoplastic Splints Market
9.2.5.1.1 Germany Thermoplastic Splints Market by Type
9.2.5.1.2 Germany Thermoplastic Splints Market by Applications
9.2.5.2 France Thermoplastic Splints Market
9.2.5.2.1 France Thermoplastic Splints Market by Type
9.2.5.2.2 France Thermoplastic Splints Market by Applications
9.2.5.3 Italy Thermoplastic Splints Market
9.2.5.3.1 Italy Thermoplastic Splints Market by Type
9.2.5.3.2 Italy Thermoplastic Splints Market by Applications
9.2.5.4 Spain Thermoplastic Splints Market
9.2.5.4.1 Spain Thermoplastic Splints Market by Type
9.2.5.4.2 Spain Thermoplastic Splints Market by Applications
9.2.5.5 United Kingdom Thermoplastic Splints Market
9.2.5.5.1 United Kingdom Thermoplastic Splints Market by Type
9.2.5.5.2 United Kingdom Thermoplastic Splints Market by Applications
9.2.5.6 Rest of Europe Thermoplastic Splints Market
9.2.5.6.1 Rest of Europe Thermoplastic Splints Market by Type
9.2.5.6.2 Rest of Europe Thermoplastic Splints Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Thermoplastic Splints Market Overview
9.3.2 Asia-Pacific Thermoplastic Splints Market Forecasts and Analysis
9.3.3 Asia-Pacific Thermoplastic Splints Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Thermoplastic Splints Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Thermoplastic Splints Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Thermoplastic Splints Market
9.3.5.1.1 Australia Thermoplastic Splints Market by Type
9.3.5.1.2 Australia Thermoplastic Splints Market by Applications
9.3.5.2 China Thermoplastic Splints Market
9.3.5.2.1 China Thermoplastic Splints Market by Type
9.3.5.2.2 China Thermoplastic Splints Market by Applications
9.3.5.3 India Thermoplastic Splints Market
9.3.5.3.1 India Thermoplastic Splints Market by Type
9.3.5.3.2 India Thermoplastic Splints Market by Applications
9.3.5.4 Japan Thermoplastic Splints Market
9.3.5.4.1 Japan Thermoplastic Splints Market by Type
9.3.5.4.2 Japan Thermoplastic Splints Market by Applications
9.3.5.5 South Korea Thermoplastic Splints Market
9.3.5.5.1 South Korea Thermoplastic Splints Market by Type
9.3.5.5.2 South Korea Thermoplastic Splints Market by Applications
9.3.5.6 Rest of Asia-Pacific Thermoplastic Splints Market
9.3.5.6.1 Rest of Asia-Pacific Thermoplastic Splints Market by Type
9.3.5.6.2 Rest of Asia-Pacific Thermoplastic Splints Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Thermoplastic Splints Market Overview
9.4.2 Middle East and Africa Thermoplastic Splints Market Forecasts and Analysis
9.4.3 Middle East and Africa Thermoplastic Splints Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Thermoplastic Splints Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Thermoplastic Splints Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Thermoplastic Splints Market
9.4.5.1.1 South Africa Thermoplastic Splints Market by Type
9.4.5.1.2 South Africa Thermoplastic Splints Market by Applications
9.4.5.2 Saudi Arabia Thermoplastic Splints Market
9.4.5.2.1 Saudi Arabia Thermoplastic Splints Market by Type
9.4.5.2.2 Saudi Arabia Thermoplastic Splints Market by Applications
9.4.5.3 U.A.E Thermoplastic Splints Market
9.4.5.3.1 U.A.E Thermoplastic Splints Market by Type
9.4.5.3.2 U.A.E Thermoplastic Splints Market by Applications
9.4.5.4 Rest of Middle East and Africa Thermoplastic Splints Market
9.4.5.4.1 Rest of Middle East and Africa Thermoplastic Splints Market by Type
9.4.5.4.2 Rest of Middle East and Africa Thermoplastic Splints Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Thermoplastic Splints Market Overview
9.5.2 South and Central America Thermoplastic Splints Market Forecasts and Analysis
9.5.3 South and Central America Thermoplastic Splints Market Forecasts and Analysis - By Type
9.5.4 South and Central America Thermoplastic Splints Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Thermoplastic Splints Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Thermoplastic Splints Market
9.5.5.1.1 Brazil Thermoplastic Splints Market by Type
9.5.5.1.2 Brazil Thermoplastic Splints Market by Applications
9.5.5.2 Argentina Thermoplastic Splints Market
9.5.5.2.1 Argentina Thermoplastic Splints Market by Type
9.5.5.2.2 Argentina Thermoplastic Splints Market by Applications
9.5.5.3 Rest of South and Central America Thermoplastic Splints Market
9.5.5.3.1 Rest of South and Central America Thermoplastic Splints Market by Type
9.5.5.3.2 Rest of South and Central America Thermoplastic Splints Market by Applications
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. THERMOPLASTIC SPLINTS MARKET, KEY COMPANY PROFILES
11.1. ALLARD INTERNATIONAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BIRD AND CRONIN
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ARDEN MEDIKAL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BAUERFEIND
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. AIRCAST
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BREG INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CASCADE DAFO
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CORFLEX INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. UNITED ORTHO
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CONWELL MEDICAL CO.,LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Allard International
2. Bird and Cronin
3. Arden Medikal
4. Bauerfeind
5. Aircast
6. Breg Inc.
7. Cascade Dafo
8. Corflex Inc
9. United Ortho
10. Conwell Medical Co.,Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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