Worldwide demand for orthotic devices, casts, and splints is expected to increase at a CAGR of 6.2% over the forecast period (2022 to 2024). The global orthotic devices, casts, and splints market is valued at USD 2.95 Billion in 2022, and is projected to reach USD 3.32 Billion by the end of 2024.
Attribute | Details |
---|---|
Orthotic Devices, Casts, and Splints Market Size (2022) | USD 2.95 billion |
Sales Forecast (2024) | USD 3.32 billion |
Global Market Growth Rate (2022 to 2024) | 6.2% CAGR |
North America Region USD Share | 38% |
Sales of orthotic devices, casts, and splints accounted for 28% share of the global fracture fixation products market in 2021.
Particulars | Details |
---|---|
H1, 2021 | 5.39% |
H1, 2022 Projected | 5.54% |
H1, 2022 Outlook | 5.24% |
BPS Change - H1, 2022 (O) - H1, 2022 (P) | (-) 30 ↓ |
BPS Change - H1, 2022 (O) - H1, 2021 | (-) 15 ↓ |
According to Future Market Insights' analysis, the global orthotic devices, casts and splints market expects to drop by 15 Basis Point Share (BPS) in H1-2022 as compared to H1- 2021. Whereas in comparison to H1-2022 projected value, the market during H1-2022 outlook period will show a dip of 30 BPS.
The drop in the BPS values is associated with the costs related to the replacement, repairs, and modifications of orthotic devices. Moreover, significant drawbacks concerning the interaction of orthotic devices, such as, orthosis and prosthetics, with respect to material properties, has further provided a restraint towards the growth in the BPS outlook.
Conversely, with the introduction of 3D printing technology and the adoption of CAD/CAM, the manufacturing costs of orthotic devices, casts and splints will significantly be reduced. This factor is set to propel the growth of the market through the forecasted years.
Key developments in the market include incorporation of neuromuscular signal technology, microprocessor technology, and 3D printing for novel orthotic devices.
Rising Incidence of Sports Injuries Worldwide Driving Market Growth
From 2014 to 2021, the market value of the orthotic devices, casts, and splints industry registered a CAGR of 5.8%.
Orthotic devices, casts, and splints are a key management option for various types of injuries. The increase in the number of injuries suffered due to road accidents, as well as during recreational and professional sporting events has remained a key market driver.
As per ASIRT (Association of System Integrators and Retailers in Technology), almost 50 million people get adversely affected by road accidents every single year globally.
Also, per the AAOS (American Academy of Orthopedic Surgeons), over 25% of sports injuries concern lower extremities. The CDC states that close to 9.2 Million children aged 1 to 19 get admitted to the emergency departments in the wake of sports injuries. Moreover, around 62% of sports injuries occur during practice than during actual games.
Increasing prevalence of age-related osteoporotic fractures, musculoskeletal problems, and trauma caused by road accidents and falls, as well as the growing geriatric population, are likely to drive the global market.
The global orthotic devices, casts, and splints market is projected to rise at a 6.2% CAGR from 2022 to 2024.
Advancements in 3D Technology to Boost Sales of Orthotic Devices, Casts, and Splints
The orthotic devices, casts, and splints industry will be revolutionized by rising technologies such as 3D imaging and scanning, CAM/CAD, and so on. These technologies will become more widely available in the future years, allowing patients to 3D print orthotic devices in the comfort of their own homes.
As people seek alternatives to surgical deformity repair and pain management, the use of orthotic devices will be promoted around the world. Furthermore, advancements in orthotic devices are making them more accessible and affordable.
Factors such as continuous technological advancements in 3D technology, increase in the number of people suffering from orthopedic ailments, and requirement for robot-assisted and minimally invasive techniques are offering substantial growth opportunities for orthotic system manufacturers.
High Cost of Orthotic Devices & Complications with Orthopedic Surgery Hampering Market Expansion
One of the most significant challenges impeding the market growth is the high cost of orthotic devices.
Inadequately trained medical attendants and nurses apply casts in rural areas. This could result in complications as discomfort on the part of patients could be higher. This factor remains a challenge, especially in developing economies as overcrowding of patients in city-based hospitals makes treatments difficult.
Continuous Innovations in Orthotics Driving Market Growth in North America
North America is expected to account 38% share of the orthotic devices, casts, and splints market in 2022. The use of orthotic devices for pain management in the senior population, the increase in sports injuries, the rise in the incidence of spine diseases, and the rise in the incidence of neuromuscular and musculoskeletal illnesses among the population are all driving the market expansion.
Innovations in orthotics and well-planned reimbursement regulations are expected to drive orthotic devices market growth over the coming years.
High Adoption of Advanced Products Fueling U.S. Market Growth
Rising adoption of universal health coverage in developed and developing markets, rising product launches, steadily increasing healthcare infrastructure and expenditure, and the presence of key suppliers of orthotic devices, casts, and splints are key factors propelling orthotic systems market growth in the United States.
Skilled professionals, availability of refined and advanced items, and rising demand for advanced products and therapies are driving orthotic equipment market growth in the U.S.
Favorable Government Initiatives for Improvement of Healthcare Facilities Driving Demand Growth
Market growth in China is anticipated to expand at a rapid pace during the forecast period due to the rising rate of urbanization and government attempts to improve healthcare facilities.
Furthermore, propelling medical tourism due to the availability of cost-effective and advanced healthcare treatment alternatives, a rise in disposable income, and increased adoption of novel technology are bolstering the market growth in China.
Splinting Supplies & Equipment Gaining Traction Owing to Their Cost-effective Nature
Splinting supplies & equipment are predicted to develop rapidly over the coming years due to advantages such as the simplicity of making plastic splints, which allows for quick customization, and the high adaptability and strength of neoprene splints.
Increased instances of road accidents and musculoskeletal injuries, a growing population base of people over the age of 65, and the frequency of orthopedic complications associated with ageing are driving the demand for orthopedic casts and splints.
The capacity of these products to enhance patient compliance in terms of secured support and comfort over the course of treatment, rising technological advancements, and the use of advanced materials by manufacturers are driving demand for splinting supplies and equipment.
Hospitals to Generate Highest Market Revenue Due to Growing Number of Orthopedic Surgery Operations
Hospitals have a considerable market share due to an increase in the number of admissions for the treatment of traumatic and spinal injuries, bone fractures, and injuries incurred in car accidents.
Demand for orthotic devices, casts, and splints in hospitals is being driven by an increase in the number of orthopedic surgical operations that require post-operative patient rehabilitation and favorable reimbursement for personalized orthotic devices across major countries.
Hospitals utilize orthotic devices, casts, and splints for a variety of reasons, including preventive, post-operative patient rehabilitation, osteoarthritis treatment, and maxillofacial operations. Orthotic devices, casts, and splints are the most commonly used in hospitals because of their extensive use in the treatment of spinal fusion and delayed union and nonunion bone fractures.
Shortfalls in conventional manufacturing processes of orthotics imply that it could take ages for patients to acquire the devices that they require. As such, technological advancements are being focused upon. These advancements are likely to create a competitive edge for providers of orthotic devices, casts, and splints during the forecast period.
Companies are continuously coming up with new ways to ramp up production, such as capacity increases and new product development. To boost revenue sales, they are also focusing on partnership-oriented techniques such as acquisitions and mergers.
For instance,
Attribute | Details |
---|---|
Forecast Period | 2022 to 2024 |
Historical Data Available for | 2014 to 2021 |
Market Analysis | Value in USD Million, Volume in Units |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa (MEA) |
Key Countries Covered | USA, Canada, Mexico, Brazil, Mexico, Argentina, Germany, Italy, France, UK, Nordic, Spain, Japan, China, India, Malaysia, Thailand, Australia, GCC Countries, South Africa, Turkey |
Key Market Segments Covered | Product Type, Distribution Channel, Region |
Key Companies Profiled | Fillauer LLC; ComfortFit Orthotic Labs Inc.; Hanger Inc.; Amfit Inc.; Ascent Meditech Ltd.; De royal Industries, Inc.; Performance Health Inc.; DJO, LLC; Zimmer Biomet Holdings, Inc.; Stryker Corporation; 3M Healthcare |
Table 01: Global Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 02: Global Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 03: Global Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 04: Global Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Region
Table 05: North America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 06: North America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 07: North America Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 08: North America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 09: Latin America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 10: Latin America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 11: Latin America Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 12: Latin America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 13: Europe Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 14: Europe Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 15: Europe Orthotic Devices, Casts and Splints Market Volume (Mn Units)Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 16: Europe Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 17: South Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 18: South Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 19: South Asia Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 20: South Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 21: East Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 22: East Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 23: East Asia Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 24: East Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 25: Oceania Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 26: Oceania Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 27: Oceania Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 28: Oceania Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Table 29: MEA Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Country
Table 30: MEA Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 31: MEA Orthotic Devices, Casts and Splints Market Volume (Mn Units) Analysis 2014–2021 and Forecast 2022–2024, by Product
Table 32: MEA Orthotic Devices, Casts and Splints Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2024, by Distribution Channel
Figure 01: Global Orthotic Devices, Casts and Splints Market Value Analysis and Forecast 2022 – 2024 (Mn Units)
Figure 02: Global Orthotic Devices, Casts and Splints Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 03: Global Orthotic Devices, Casts and Splints Pricing Analysis (US$) By Region, 2024 (Per Unit)
Figure 04: Global Orthotic Devices, Casts and Splints Market Value Analysis and Forecast 2022 – 2024 (US$ Mn)
Figure 05: Global Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 06: Global Orthotic Devices, Casts and Splints Market Absolute $ Opportunity (US$ Mn), 2021–2024
Figure 07: Global Orthotic Devices, Casts and Splints Market Share Analysis (%) by Product, 2021 & 2024
Figure 08: Global Orthotic Devices, Casts and Splints Market Y-o-Y Growth (%) by Product, 2022–2029
Figure 09: Global Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 10: Global Orthotic Devices, Casts and Splints Market Share Analysis (%) by Distribution Channel, 2021 & 2024
Figure 11: Global Orthotic Devices, Casts and Splints Market Y-o-Y Growth (%) by Distribution Channel, 2018–2024
Figure 12: Global Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 13: Global Orthotic Devices, Casts and Splints Market Share Analysis (%) by Region, 2021 & 2024
Figure 14: Global Orthotic Devices, Casts and Splints Market Y-o-Y Growth (%) by Region, 2018–2024
Figure 15: Global Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Region on, 2022–2024
Figure 16: North America Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 17: North America Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 18: North America Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 19: North America Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 20: North America Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 21: North America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 22: North America Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 23: North America Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 24: North America Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 25: Latin America Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 26: Latin America Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 27: Latin America Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 28: Latin America Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 29: Latin America Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 30: Latin America Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 31: Latin America Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 32: Latin America Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 33: Latin America Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 34: Europe Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 35: Europe Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 36: Europe Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 37: Europe Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 38: Europe Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 39: Europe Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 40: Europe Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 41: Europe Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 42: Europe Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 43: South Asia Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 44: South Asia Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 45: South Asia Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 46: South Asia Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 47: South Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 48: South Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 49: South Asia Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 50: South Asia Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 51: South Asia Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 52: East Asia Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 53: East Asia Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 54: East Asia Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 55: East Asia Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 56: East Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 57: East Asia Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 58: East Asia Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 59: East Asia Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 60: East Asia Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 61: Oceania Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 62: Oceania Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 63: Oceania Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 64: Oceania Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 65: Oceania Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 66: Oceania Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 67: Oceania Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 68: Oceania Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 69: Oceania Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 70: MEA Casting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 71: MEA Splinting Supplies & Equipment Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 72: MEA Orthopedic Braces and Supports Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 73: MEA Orthotics Pricing Analysis (US$) By Region, 2021 (Per Unit)
Figure 74: MEA Orthotic Devices, Casts and Splints Market Value (US$ Mn), 2014 – 2021
Figure 75: MEA Orthotic Devices, Casts and Splints Market Value (US$ Mn) Forecast, 2021–2024
Figure 76: MEA Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Product, 2022–2024
Figure 77: MEA Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Distribution Channel, 2022–2024
Figure 78: MEA Orthotic Devices, Casts and Splints Market Attractiveness Analysis by Country, 2022–2024
Figure 79: U.S. Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 80: U.S. Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 81: Canada Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 82: Canada Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 83: Brazil Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 84: Brazil Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 85: Mexico Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 86: Mexico Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 87: Germany Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 88: Germany Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 89: Italy Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 90: Italy Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 91: France Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 92: France Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 93: U.K. Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 94: U.K. Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 95: Spain Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 96: Spain Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 97: BENELUX Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 98: BENELUX Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 99: Russia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 100: Russia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 101: India Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 102: India Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 103: Malaysia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 104: Malaysia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 105: Thailand Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 106: Thailand Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 107: Indonesia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 108: Indonesia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 109: China Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 110: China Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 111: Japan Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 112: Japan Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 113: Australia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 114: Australia Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 115: New Zealand Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 116: New Zealand Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 117: GCC Countries Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 118: GCC Countries Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 119: Turkey Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 120: Turkey Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 121: Northern Africa Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 122: Northern Africa Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
Figure 123: South Africa Orthotic Devices, Casts and Splints Market Share Analysis (%), by Product, 2021 & 2024
Figure 124: South Africa Orthotic Devices, Casts and Splints Market Share Analysis (%), by Distribution Channel, 2021 & 2024
The global orthotic devices, casts, and splints market is expected to reach USD 3.32 Billion by 2024.
North America accounts for 38% share of the global orthotic devices, casts, and splints market.
Fillauer LLC, ComfortFit Orthotic Labs Inc., Hanger Inc., Amfit Inc., and Ascent Meditech Ltd. are prominent manufacturers of orthotic devices, casts, and splints.
The global market for orthotic devices, casts, and splints is estimated to exhibit a CAGR of 6.2% during the forecast period (2022-2024).
Increasing count of bone diseases along with growing instances of trauma and road accidents are key factors driving orthotic systems market growth.
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