Orthopedic Splints Market | Lower Extremity Segment to Offer Maximum Business Opportunities | Market Size, Share, Vendors, Trends, Value Chain Analysis Report, and Segment Forecasts, 2022 - 2026

Segmentation by Application (In-Scope/Out-of-Scope)

• In-Scope:
• Lower extremity:

The orthopedic splints market share growth by the lower extremity segment will be significant during the forecast period. The growth is attributed to the increase in demand for lower extremity splints owing to their wide use for the lower part of the body, such as the hip, knee, bones of the thigh, leg, foot, and ankle joints. Prominent vendors in the market, such as Essity Medical Solutions through its brand Delta-Cast offer synthetic splints for the lower extremity, which will support the market growth through this segment in the coming years.

• Out-of-Scope:
• Upper extremity

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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Orthopedic Splints Market includes the following core components:

• Research & development
• Inputs
• Operations
• Distribution
• Post-sale and services
• Innovation

Highlights-

• Segmentation- The report extensively covers market segmentation by Application (lower extremity and upper extremity) and Geography (North America, Europe, Asia, and ROW)
• Key Companies- 3M Co., Breg Inc., DARCO International Inc., DeRoyal Industries Inc., DJO Global Inc., Dynatronics Corp., Essity Aktiebolag (publ), medi GmbH and Co. KG, Stryker Corp., and Zimmer Biomet Holdings Inc. among others.
• Driver- Increasing incidence of osteoporotic fractures to drive the market.
• Challenge- Complications associated with the usage of splints to hamper the market growth

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Vendor Insights-
The orthopedic splints market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

• 3M Co.- The company offers orthopedic splints products under the brand name of Scotchcast.
• Breg Inc.- The company offers orthopedic splints products under the brand names of Impact and Vison.
• DARCO International Inc.- The company offers orthopedic splints which provides a gentle, sustained stretch to the plantar fascia and Achilles tendon with the easy-to-use Integrated Air System.

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Learn More about Key Driver & Challenge of the Market-

• Orthopedic Splints Market Driver:
• Increasing incidence of osteoporotic fractures:

The spinal fractures, also called vertebral compression fractures, occur an estimated 1.5 million times annually in the US. They are twice as common as other fractures linked to osteoporosis, including broken hips and wrists. According to the data provided by the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures annually, resulting in an osteoporosis fracture every 3 seconds. In 2019, in Europe, approximately 32 million individuals aged above 50 years were estimated to have osteoporosis. The prevalence of osteoarthritis in the growing aging population across the globe acts as one of the major factors driving the growth of the global orthopedic splints market.

• Orthopedic Splints Market Challenge:
• Complications associated with the usage of splints:

The leading complication that arises with the usage of splints is compartment syndrome which affects the blood flow of the limb covered by a splint and leads to tissue perfusion. It can also cause ischemia and potentially irreversible damage to the soft tissues within that space. Additionally, thermal injuries such as heat burns to the skin can occur as a result of splinting process. These heat burns can be caused by prolonged usage of fiberglass or plaster splints. The usage of splints can also lead to complications such as skin breakdown, often caused by focal pressure from a wrinkled, unpadded, or underpadded splint on underlying soft tissue. Thus, these challenges are expected to negatively impact the global orthopedic splints market during the forecast period.

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Table of Contents
Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Lower extremity - Market size and forecast 2021-2026
• Upper extremity - Market size and forecast 2021-2026
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2021-2026
• Europe - Market size and forecast 2021-2026
• Asia - Market size and forecast 2021-2026
• ROW - Market size and forecast 2021-2026
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 3M Co.
• Breg Inc.
• DARCO International Inc.
• DeRoyal Industries Inc.
• DJO Global Inc.
• Dynatronics Corp.
• Essity Aktiebolag (publ)
• medi GmbH and Co. KG
• Stryker Corp.
• Zimmer Biomet Holdings Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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