A plastic cast is a cover which is made from the plaster of paris that used for protection of a broken bone by keeping part of the body stiff and intact. The plaster cast allow the broken bones of leg, arm and other joints to remain intact at its place for quick healing of the fracture. The plaster cast need to be put on for 12-14 weeks for healthy recovery. Growing prevalence of orthopedic disorders, growing geriatric population and increasing incidences of bone fractures are all likely to boost market growth during the forecast period.
MARKET SCOPE
The Global Plaster Cast Market Analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the plaster cast market with detailed market segmentation by type and end user. The report provides key statistics on the market status of the leading plaster cast market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type the market is segmented as, gauze plaster cast, elastic plaster cast, polymer plaster cast.
- Based on end user the market is segmented as, hospitals, orthopedic clinics and ambulatory surgical centers.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of orthopedic disorders and growing geriatric population across the globe.
- Increasing cases of road accidents which often lead to bone injuries, fractures are expected to create significant growth opportunities for the market.
- Increasing healthcare expenditures.
Restraints:
- However, issues such as risk of bone stiffness, irritation by prolonged use of cast are likely to hamper market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The plaster cast market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the plaster cast market in these regions.
IMPACT OF COVID-19 ON PLASTER CAST MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the plaster cast market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from plaster cast market are anticipated to lucrative growth opportunities in the future with the rising demand for plaster cast in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the plaster cast market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AlboLand Srl
- TROGE MEDICAL GmbH
- Ansuya Surgicals Limited
- Neomedic Limited
- Pharmaplast
- L and R USA INC
- Prime Medical Inc.
- RAYS S.P.A.
- Henso Medical (Hangzhou) Co.,Ltd
- Dynamic Techno Medicals