Orthopedic Splints Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product, By Application (Lower Extremity, Upper Extremity ), By End-user, By Region & Competition, 2020-2030F
The Global Orthopedic Splints Market was valued at USD 1.67 billion in 2024 and is projected to reach USD 2.41 billion by 2030, expanding at a CAGR of 6.30% during the forecast period. This market encompasses the segment of the medical device industry dedicated to developing and supplying splints and braces that support and immobilize injured limbs or joints. These devices are integral in treating musculoskeletal injuries such as fractures and sprains. A 2020 report by the National Natural Science Foundation Council of China highlighted that 16% of the global population suffers from knee osteoarthritis, with a greater prevalence among individuals aged 40 and above. Additionally, the rise in sports-related injuries and road accidents is expected to further contribute to the market's expansion over the coming years.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 1.67 Billion
Market Size 2030
USD 2.41 Billion
CAGR 2025-2030
6.30%
Fastest Growing Segment
Hospitals
Largest Market
North America
Key Market Drivers
Aging Population and Musculoskeletal Disorders
The rising number of elderly individuals globally and the associated surge in musculoskeletal conditions are key contributors to the growth of the orthopedic splints market. The United Nations reports that the global population aged 60 and above is growing by approximately 3% annually and is expected to reach 2.1 billion by 2050. With aging, individuals become more prone to conditions like osteoarthritis, rheumatoid arthritis, fractures, and sprains-leading to increased reliance on orthopedic splints. These disorders often cause pain and restricted mobility, driving demand for supportive devices. Moreover, age-related diseases such as osteoporosis further elevate the risk of fractures from minor incidents, making orthopedic splints essential in patient care.
Key Market Challenges
Regulatory Compliance and Approval
Navigating the complex and frequently changing regulatory frameworks across different regions is a significant challenge for orthopedic splint manufacturers. The process of ensuring product compliance and acquiring the necessary approvals involves considerable time and financial investment, potentially slowing down market entry and innovation.
Key Market Trends
Personalized and Customized Solutions
The shift from standardized to individualized orthopedic splints marks a major trend in the market. Innovations in 3D printing and computer-aided design (CAD) are enabling the production of splints that conform precisely to each patient's anatomy. These custom-fit solutions offer enhanced comfort and effectiveness, fostering broader acceptance and adoption among healthcare providers and patients alike.
Key Market Players
Essity AB
SAM Medical Products
3M
Otto Bock Healthcare GmbH
DeRoyal Industries Inc
medi GmbH & Co. KG
Zimmer Biomet Holdings Inc
Stryker Corporation
United MedicareBreg, Inc
Ossur
Report Scope:
In this report, the Global Orthopedic Splints Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Orthopedic Splints Market, By Product:
Fiberglass Splints
Plaster Splints
Tools & Accessories
Others
Orthopedic Splints Market, By Application:
Lower Extremity
Hip
Knee
Ankle & Foot
Upper Extremity
Elbow
Hand & Wrist
Shoulder
Neck
Orthopedic Splints Market, By End-User:
Hospitals
Specialty Centers
Others
Orthopedic Splints Market, By Region:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Asia-Pacific
China
Japan
India
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Orthopedic Splints Market.
Available Customizations:
Global Orthopedic Splints market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends