New York, USA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- DelveInsight’s report provides the current and forecast market analysis, individual leading orthopedic splints companies’ market shares, challenges, orthopedic splints market drivers, barriers, trends, and key market orthopedic splints companies in the market. To read more about the latest highlights related to the orthopedic splints market, get a snapshot of the key highlights entailed in the Orthopedic splints play a crucial role in the realm of orthopedic care, providing support, stability, and protection to injured limbs or joints.
These devices are meticulously designed to immobilize a specific body part, aiding in the healing process by reducing movement and preventing further injury. Whether it's a fracture, sprain, or post-operative recovery, orthopedic splints offer tailored solutions, accommodating various anatomical needs and injury types. From simple foam padding to advanced custom-fit designs, these splints not only ensure comfort but also promote optimal recovery, allowing patients to regain mobility and function with confidence.
Moreover, orthopedic splints serve as versatile tools in both acute and chronic orthopedic conditions. In addition to their therapeutic benefits, they also facilitate rehabilitation efforts, providing controlled movement as patients progress through their recovery journey. Beyond the clinical setting, these splints empower individuals to resume their daily activities with minimal disruption, restoring independence and quality of life.
With innovations continually enhancing their effectiveness and comfort, orthopedic splints remain indispensable aids in the comprehensive management of orthopedic injuries and conditions, supporting patients on their path to recovery and beyond. In 2023, North America led the orthopedic splints market, primarily due to factors such as the high incidence of chronic bone diseases, a growing elderly population, and the presence of major companies manufacturing orthopedic splints. Advanced medical facilities also contribute to this dominance.
According to the Centers for Disease Control and Prevention (CDC) in 2021, it's anticipated that by 2040, approximately 78.4 million individuals will have doctor-diagnosed arthritis, with two-thirds of them being women. Moreover, an estimated 34.
6 million adults in the US will experience arthritis-related activity limitations by 2040, while about 1.5 million Americans have rheumatoid arthritis as per the Arthritis Foundation in 2021. The aging population is increasingly susceptible to various health issues, including bone diseases, further propelling the orthopedic splints market.
CDC reported in 2022 that in 2019, around 54.1 million US adults were aged 65 or older, a number expected to rise to 94.7 million by 2060.
The combination of a substantial patient base and manufacturers' focus on introducing new products is anticipated to drive the growth of the orthopedic splints market in the United States throughout the forecast period. To know more about why North America is leading the market growth in the orthopedic splints market, get a snapshot of the The orthopedic splints market dynamics exhibit a blend of . Technological innovations such as are revolutionizing the design and manufacturing processes of orthopedic splints, leading to more customized and efficient solutions.
Moreover, an and are fueling the demand for orthopedic splints globally. Orthopedic splints market players are increasingly focusing on developing lightweight, breathable, and durable splinting solutions to . Additionally, the regarding the importance of early intervention and rehabilitation in orthopedic conditions is driving the adoption of splints as integral components of treatment protocols.
Furthermore, among key industry players are shaping the competitive landscape, fostering innovation, and expanding the orthopedic splints market reach. However, despite the promising growth prospects, challenges such as pose significant hurdles to orthopedic splints market expansion. Additionally, the , such as regenerative medicine and minimally invasive procedures, could potentially disrupt the traditional orthopedic splints market.
To navigate these complexities successfully, industry stakeholders need to prioritize research and development efforts, forge strategic partnerships, and invest in marketing initiatives to capitalize on emerging opportunities and address evolving market dynamics. Get a sneak peek at the orthopedic splints market dynamics @ Which MedTech key players in the orthopedic splints market are set to emerge as the trendsetter explore @ Interested in knowing the orthopedic splints market by 2030? Click to get a snapshot of the report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key osteoarthritis companies including among others. report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key osteoarthritis companies, including among others.
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