Global Cast Removal Device Market: Analysis and Forecast to 2023

 

The global cast removal device market is projected to experience significant growth in the forecast period from 2018 to 2023. The Cast Removal Device Market is expected to grow at a CAGR of 6.2% during this period, driven by the increasing incidence of bone fractures and the growing adoption of technologically advanced devices for cast removal procedures.

Factors such as the increasing geriatric population, rising sports-related injuries, and the availability of reimbursement for cast removal procedures are also contributing to the growth of the market. However, the high cost of these devices and the lack of skilled professionals to operate them may hinder market growth.

Based on product type, the Cast Removal Device Market  is segmented into electric saws, manual saws, and specialized cast removal devices. Among these, the electric saws segment is expected to dominate the market due to their ability to provide a precise cut and reduce the risk of injury to patients.

Geographically, North America is expected to dominate the market due to the high prevalence of bone fractures in the region and the presence of key market players. However, the Asia Pacific region is expected to experience the highest growth rate during the forecast period due to increasing healthcare expenditure and the rising awareness about the benefits of advanced cast removal devices.

Devices for removing casts are made to cut materials like fiberglass, plastic, plaster, and bandages that are applied to injured muscles or bones during rehabilitation. Cast Removal Device Market primarily used by orthopaedic surgeons in medical facilities to treat musculoskeletal injuries sustained in sports activities and auto mishaps. A January 2018 report from the U.S. Department of Health & Human Services estimates that the global cost of road traffic injuries is expected to be US$ 518 billion, placing a significant financial burden on low- and middle-income countries. Many regions in developing countries still lack the technological foundation necessary for it to flourish, so people still rely on homemade solutions like securing with wooden sticks rather than casting plaster.

 

Key Players

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 are some of the main companies operating in the cast removal devices market.