Cast Removal Devices Market 2026 Key Findings, Regional Analysis, Top Key Players Profiles and Future Prospects
Cast removal devices
are designed to cut cast material such as fiberglass, plastic or
plaster and bandage that are used for rehabilitation of the fractured
bones or ruptured tendons. It is mainly used by orthopedic surgeons
in hospitals and clinics to cure musculoskeletal injuries caused due
to road accidents and during sports practices. According to the U.S.
Department of Health & Human Services report on January 2018,
road traffic injuries are a huge economic burden on low and middle
income economies and are estimated to cost US$ 518 billion globally.
In many areas in the
emerging economies, technology has still not found there roots to
grow and people use home remedies such as securing with wooden sticks
instead of casting plaster. The development of hospital facilities in
these areas will drive growth of cast removal device market. In
November 2016, Stryker Corporation, one of the world's leading
medical technology company, announced a multi-year collaboration with
Indo UK Institute of Health's (IUIH) Medicity Program to serve
greater access to affordable services to patients in India, which
will also help in propelling growth of cast removal device market.
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Cast Removal
Device Market Taxonomy:
By Product
Type:
-
Vacuum cutter
-
Saw cutter
-
Cast spreader
By Energy
Source:
-
Battery powered (cordless)
-
Electric (corded)
By End
Users:
-
Clinics
-
Hospitals
-
Rehabilitation centers
-
Other
Cast Removal
Device Market Driver
Increase in
frequency of road accidents and musculoskeletal injuries during
sports is expected to drive growth of the cast removal devices
market. According to a survey published by the World Health
Organization (WHO) in Jan, 2018, over 3,400 people die on the world's
roads every day and tens of millions of people are injured or
disabled every year. Also, according to the John Hopkin’s Medicine,
in the U.S., over 3.5 million children at the age of 14 and younger
get hurt annually by playing sports or participating in recreational
activities.
The strategies
adopted by key market players to come up with innovative technologies
such as noise free or debris free plaster cutters at affordable rates
are lucrative opportunities for growth of the cast removal device
market. Cast removal devices are scary and traumatic for most of the
patients due to noise and blade rotation, however, OrthoPediatrics’s
Quiet cast removal device was a major leap forward in technology in
2009. Shanghai Bojin Medical instrument Co., Ltd. aimed at coming up
with products and solutions with reduced medical costs and lessening
the financial burden of the patients.
Cast Removal
Devices Market – Regional Analysis
The global cast
removal market is regionally segmented into North America, Latin
America, Europe, Middle East, Asia Pacific, and Africa. North America
holds the dominant position in cast removal device market due to
local manufacturers and high incidence of road injuries. For
instance, according to the Association for Safe International Road
Travel, in 2016, 2.35 million people were injured or disabled every
year due to road crash in the U.S. Asia Pacific is expected to be
fastest growing market over the forecast period due to increasing
prevalence of road accidents. For instance, according to the National
Crime Records Bureau, the number of road accidents in 2008 was 415
thousands, which increased to 440 thousands by 2012 in India.
Cast Removal
Devices Market – Competitors
The major players
operating in the cast removal devices market include DeSoutter
medical, Erbrich Instrumente GmbH, Ermis MedTech, Hanshin Medical
Co.,ltd, HEBUmedical GmbH, Osimed medical, Rimec S.R.L., Shanghai
Bojin Medical instrument Co., Ltd., Stryker, and TREU-Instrumente
GmbH.
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