Orthopedic Splint Market Overview:
As per MRFR analysis, the Orthopedic Splint Market Size was estimated at 2.52 (USD Billion) in 2022. The Orthopedic Splint Market industry is expected to grow from 2.62 (USD Billion) in 2023 to 3.853 (USD Billion) by 2032. The Orthopedic Splint Market CAGR (growth rate) is expected to be around 4.36% during the forecast period (2024-2032).
Key Orthopedic Splint Market Trends Highlighted
The global orthopedic splint market is anticipated to maintain positive growth due to an aging population, increased incidence of sports injuries, and advancements in orthopedic surgery. Key market drivers include growing awareness of the benefits of early intervention and rehabilitation in orthopedic conditions, as well as the availability of a wide range of splints that cater to different needs. Advancements in material technology have led to the development of lightweight, durable, and comfortable splints that enhance patient compliance.
Opportunities for growth in this market lie in the exploration of new materials and technologies, such as 3D printing and wearable sensors, to improve patient outcomes. Additionally, the development of customized splints tailored to individual patient requirements is expected to drive market expansion. Trends in recent times include the increasing focus on non-invasive and conservative treatment options, which favors the use of orthopedic splints as an alternative to surgery. Furthermore, the growing emphasis on sports medicine and rehabilitation is creating new avenues for market growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Orthopedic Splint Market Drivers
Rising Prevalence of Musculoskeletal Disorders
Musculoskeletal disorders (MSDs) encompass a wide range of conditions that affect the muscles, bones, joints, and connective tissues. These disorders can cause pain, stiffness, and disability, and they are a major cause of lost productivity and healthcare costs. The rising prevalence of MSDs is a key driver of the growth of the orthopedic splint market. As the population ages, the incidence of MSDs is expected to increase, due to factors such as osteoarthritis, osteoporosis, and rheumatoid arthritis.In addition, the increasing popularity of sports and other recreational activities is leading to a rise in sports-related injuries, which can also require the use of orthopedic splints. The Global Orthopedic Splint Market is expected to grow from USD 2.62 Billion in 2023 to USD 3.853 Billion by 2032, at a CAGR of 4.36%.
Technological Advancements
Technological advancements are another major driver of growth in the orthopedic splint market. The development of new materials and manufacturing techniques has led to the creation of splints that are more comfortable, durable, and effective. For example, the use of lightweight materials such as carbon fiber and titanium has made it possible to create splints that are both strong and lightweight. In addition, the development of new imaging technologies has made it possible to create splints that are more customized to the individual patient's needs.The Global Orthopedic Splint Market is expected to grow from USD 2.62 Billion in 2023 to USD 3.853 Billion by 2032, at a CAGR of 4.36%.
Increasing Demand for Non-Invasive Treatments
The increasing demand for non-invasive treatments is another factor driving the growth of the orthopedic splint market. Orthopedic splints are a non-invasive treatment option for many MSDs. They can provide support and stability to injured or weakened joints and muscles, and they can help to reduce pain and inflammation. As patients become more aware of the benefits of non-invasive treatments, the demand for orthopedic splints is likely to continue to grow.The Global Orthopedic Splint Market is expected to grow from USD 2.62 Billion in 2023 to USD 3.853 Billion by 2032, at a CAGR of 4.36%.
Orthopedic Splint Market Segment Insights:
Orthopedic Splint Market Application Insights
The Global Orthopedic Splint Market segmentation by Application includes Humerus Fractures, Clavicle Fractures, Forearm Fractures, Tibia Fractures, Femur Fractures, and Other Fractures. Humerus Fractures accounted for the largest share of the Global Orthopedic Splint Market in 2023, and this trend is expected to continue through 2032. The high prevalence of humerus fractures, particularly among athletes and individuals involved in physical activities, is a major factor driving the growth of this segment. Clavicle Fractures is another significant segment of the Global Orthopedic Splint Market, with a substantial market share.Clavicle fractures are common in contact sports and accidents, and the demand for orthopedic splints for immobilization and support is high. Forearm Fractures is a growing segment of the Global Orthopedic Splint Market, owing to the increasing incidence of sports-related injuries and falls. Forearm fractures require specialized splints to ensure proper alignment and healing. Tibia Fractures also hold a significant market share, driven by the rising number of trauma cases and accidents involving lower limb injuries. Tibia fractures require robust and durable splints for effective immobilization and support.Femur Fractures is a segment with a relatively smaller market share compared to other applications. However, the demand for orthopedic splints for femur fractures is expected to increase in the coming years due to the growing geriatric population and the associated risk of falls and fractures. Other Fractures include a wide range of fractures that occur in various parts of the body, such as the wrist, ankle, and ribs. The increasing prevalence of fractures, rising sports-related injuries, and the growing geriatric population are key factors driving the market growth.Additionally, technological advancements in splint design and materials are expected to further fuel market expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Orthopedic Splint Market Material Insights
The Global Orthopedic Splint Market is segmented based on material into plastic, metal, foam, composite, and other materials. Plastic is the most widely used material in the orthopedic splint market due to its lightweight, durability, and cost-effectiveness. Metal is another commonly used material, especially for splints that require high strength and rigidity. Foam is used for cushioning and padding, while composite materials offer a combination of strength and flexibility. Other materials used in orthopedic splints include fabric, leather, and rubber.The plastic segment accounted for the largest share of the Global Orthopedic Splint Market in 2023, and it is expected to continue to dominate the market throughout the forecast period. The growth of the plastic segment can be attributed to the increasing demand for lightweight and cost-effective orthopedic splints. The metal segment is expected to witness significant growth over the forecast period due to the rising demand for high-strength and rigid splints. The foam segment is also expected to grow steadily, driven by the increasing use of cushioning and padding in orthopedic splints.The composite segment is expected to experience moderate growth, as these materials offer a unique combination of strength and flexibility.
Orthopedic Splint Market Type Insights
The Global Orthopedic Splint Market segmentation by Type reveals insights into the market dynamics. Rigid Splints held the largest market share in 2023, valued at 1.04 Billion USD. The segment's dominance is attributed to the widespread use of rigid splints in the treatment of fractures, dislocations, and sprains. Adjustable Splints segment is expected to witness significant growth over the forecast period, owing to the growing demand for customizable and comfortable splinting solutions. Inflatable Splints are gaining traction due to their ease of application and portability, making them ideal for emergency and field settings.Dynamic Splints, designed to provide controlled movement and support, are expected to contribute to the market growth. Other Types of Orthopedic Splints, such as soft splints and splints for specific body parts, cater to specialized applications and are expected to hold a niche market share. The Global Orthopedic Splint Market segmentation provides valuable data for manufacturers and investors to understand the market dynamics and make informed decisions.
Orthopedic Splint Market End User Insights
The Global Orthopedic Splint Market segmentation by End User comprises Hospitals, Clinics, Ambulatory Surgical Centers, Sports Medicine Centers, and Other End Users. Among these end users, Hospitals dominate the Global Orthopedic Splint Market revenue, capturing over 45% share, owing to the high volume of orthopedic procedures performed in these settings. Clinics account for a significant share of the market, primarily due to the convenience and accessibility they offer to patients. Ambulatory Surgical Centers are gaining traction as they provide cost-effective alternatives to traditional hospital settings.The increasing number of sports-related injuries is driving the demand for orthopedic splints in Sports Medicine Centers. Other End Users, such as orthopedic rehabilitation centers and nursing homes, contribute to the growth of the market. As the prevalence of orthopedic conditions continues to rise globally, the demand for splints across all end user segments is anticipated to remain strong in the coming years.
Orthopedic Splint Market Purpose Insights
The Global Orthopedic Splint Market is segmented by purpose into Immobilization, Support, Rehabilitation, Protection, and Other Purposes. The Immobilization segment is expected to hold the largest market share in 2023, accounting for around 45% of the global market revenue. This is due to the increasing prevalence of fractures, sprains, and dislocations, which require immobilization to promote healing and prevent further injury. The Support segment is expected to grow at the fastest CAGR during the forecast period, owing to the rising demand for orthopedic splints to provide support and stability to weakened or injured joints.The Rehabilitation segment is also expected to witness significant growth, as orthopedic splints play a crucial role in post-operative rehabilitation and recovery. The Protection segment includes splints used for preventing injuries during sports activities and other high-impact scenarios. The Other Purposes segment encompasses a wide range of applications, such as wound care and deformity correction.
Orthopedic Splint Market Regional Insights
The Global Orthopedic Splint Market segmentation by region reveals distinct growth patterns and opportunities. North America held the largest market share in 2023, and is projected to maintain its dominance throughout the forecast period. The region's well-established healthcare infrastructure, high incidence of musculoskeletal disorders, and strong purchasing power contribute to its leading position. Europe follows closely behind, driven by a large aging population and increasing prevalence of osteoarthritis and osteoporosis. APAC is emerging as a promising market, with China and India expected to witness significant growth due to rising disposable incomes and improving healthcare access.South America and MEA represent smaller but growing markets, offering potential for expansion as healthcare systems develop.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Orthopedic Splint Market Key Players And Competitive Insights:
Major players in Orthopedic Splint Market are continuously looking for ways to improve their products and services, while also expanding into new markets. This has led to a number of Orthopedic Splint Market developments, including the introduction of new materials and technologies, as well as the development of new products for specific applications. As a result, the Orthopedic Splint Market is expected to grow significantly in the coming years. Leading Orthopedic Splint Market players are also focusing on strategic partnerships and collaborations to gain a competitive edge in the market. For example, in 2020, Ossur partnered with Carbon to develop and manufacture 3D-printed orthopedic implants and splints. These partnerships are helping Orthopedic Splint Market players to access new technologies and expertise, which is expected to drive further Orthopedic Splint Market development.DJO, LLC is a leading Orthopedic Splint Market player with a wide range of products for the treatment of musculoskeletal injuries. The company's Orthopedic Splint Market products include rigid, semi-rigid, and soft splints for a variety of body parts, including the hand, wrist, elbow, knee, and ankle. DJO, LLC also offers a range of accessories for its splints, such as straps, padding, and liners. The company's products are distributed through a network of dealers and distributors worldwide. DJO, LLC has a strong focus on research and development, and it is constantly innovating new products to meet the needs of its customers.Zimmer Biomet Holdings, Inc. is another leading competitor in the Orthopedic Splint Market. The company offers a wide range of Orthopedic Splint Market products, including rigid, semi-rigid, and soft splints for a variety of body parts. Zimmer Biomet Holdings, Inc. also offers a range of accessories for its splints, such as straps, padding, and liners. The company's products are distributed through a network of dealers and distributors worldwide. Zimmer Biomet Holdings, Inc. has a strong focus on research and development, and it is constantly innovating new products to meet the needs of its customers.
Key Companies in the Orthopedic Splint Market Include:
- Ossur
- BSN Medical
- Zimmer Biomet
- Think Medical
- QualiBreath
- Stryker
- DJO
- Bauerfeind
- DePuy Synthes
- Medtronic
- Patterson
- Smith Nephew
- OrthoSurg
- Apex International Orthopedics
Orthopedic Splint Market Developments
The global orthopedic splint market is projected to reach USD 3.853 billion by 2032, exhibiting a CAGR of 4.36% during the forecast period (2023-2032). Rising geriatric population, increasing prevalence of chronic diseases, and growing demand for minimally invasive surgeries are driving market growth. Technological advancements, such as the development of 3D printing and personalized splints, are further fueling market expansion. Key players in the market include ssur, BSN Medical, Bauerfeind AG, and DJO Global. Recent news developments include the launch of the new Aircast AirSelect Walker by DJO Global and the acquisition of WillowWood by ssur. The market is expected to witness significant growth in the Asia-Pacific region due to rising healthcare expenditure and increasing awareness about orthopedic conditions.
Orthopedic Splint Market Segmentation Insights
Orthopedic Splint Market Application Outlook
- Humerus Fractures
- Clavicle Fractures
- Forearm Fractures
- Tibia Fractures
- Femur Fractures
- Other Fractures
Orthopedic Splint Market Material Outlook
- Plastic
- Metal
- Foam
- Composite
- Other Materials
Orthopedic Splint Market Type Outlook
- Rigid Splints
- Adjustable Splints
- Inflatable Splints
- Dynamic Splints
- Other Types
Orthopedic Splint Market End User Outlook
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Sports Medicine Centers
- Other End Users
Orthopedic Splint Market Purpose Outlook
- Immobilization
- Support
- Rehabilitation
- Protection
- Other Purposes
Orthopedic Splint Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
2.52(USD Billion) |
Market Size 2023 |
2.62(USD Billion) |
Market Size 2032 |
3.853(USD Billion) |
Compound Annual Growth Rate (CAGR) |
4.36% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Ossur, BSN Medical, Zimmer Biomet, Think Medical, QualiBreath, Stryker, DJO, Bauerfeind, DePuy Synthes, Medtronic, Patterson, Smith Nephew, OrthoSurg, Apex International Orthopedics |
Segments Covered |
Application, Material, Type, End User, Purpose, Regional |
Key Market Opportunities |
Growing elderly population increasing sports injuries technological advancements rising demand for noninvasive treatments costeffective solutions |
Key Market Dynamics |
Growth of geriatric population Rising prevalence of chronic diseases Technological advancements Increased awareness about orthopedic splinting Government initiatives to improve healthcare infrastructure |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global Orthopedic Splint Market is expected to reach USD 2.62 billion in 2023.
The Global Orthopedic Splint Market is expected to grow at a CAGR of 4.36% from 2024 to 2032.
North America is expected to hold the largest market share in the Global Orthopedic Splint Market in 2023.
The upper extremity segment is expected to hold the largest market share in the Global Orthopedic Splint Market in 2023
Some of the key competitors in the Global Orthopedic Splint Market include 3M, BSN medical, and Medtronic.
The growing prevalence of musculoskeletal disorders and the increasing number of sports injuries are driving the growth of the Global Orthopedic Splint Market.
The high cost of orthopedic splints and the lack of reimbursement coverage are some of the challenges faced by the Global Orthopedic Splint Market.
The development of innovative orthopedic splints and the expansion into emerging markets are some of the opportunities for growth in the Global Orthopedic Splint Market.
The key trends in the Global Orthopedic Splint Market include the increasing use of 3D printing and the development of smart splints.
The Global Orthopedic Splint Market is expected to reach USD 3.853 billion in 2032.