Global Cast Saw Devices Market Report By Saw Type (Electric Saw Without Vacuum, Electric Saw With Vacuum, and Battery Operated Saw), Application (Plaster Of Paris (POP) Cast Removal and Fiberglass Cast Removal), End-User (Hospitals, Clinics, and Ambulatory Surgery Centers) – Industry Trends and Forecast to 2029
Market Analysis and Size
The increased need for cast saw devices in hospitals is propelling market expansion, owing to the rising rates of trauma and accidents worldwide. Furthermore, the growing elderly population increases market demand because these age groups are more susceptible to numerous bone ailments such as osteoporosis.
Data Bridge Market Research analyses that the cast saw devices market was valued at USD 175.5 million in 2021, would rocket up to USD 254.59 million by 2029, and is expected to undergo a CAGR of 4.76% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Cast saw devices are significant orthopaedic devices that are used to remove casts used for fracture care. The cast is cut using the bi-valving process, which uses an oscillating blade that is safe and prevents any cuts or damage to the patient's skin when in touch. Cast saw devices are crucial orthopaedic tools for removing orthopaedic casts, which are often comprised of plaster or fibreglass shells. The cast is cut using a bi-valve procedure with an oscillating blade that is safe and prevents any cuts or damage to the patient's skin on contact. There are a variety of cast saw machines available, including electric saws with and without vacuum and battery-operated equipment for removing POP and fibreglass.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Saw Type (Electric Saw Without Vacuum, Electric Saw With Vacuum, and Battery Operated Saw), Application (Plaster Of Paris (POP) Cast Removal and Fiberglass Cast Removal), End-User (Hospitals, Clinics, and Ambulatory Surgery Centers)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Essity Aktiebolag (Sweden), De Soutter Medical ( United Kingdom), Smith and Nephew plc ( England), Stryker Corporation (U.S), HEBU medical GmbH (Germany), McArthur Medical Sales, Inc. (Canada), Medezine Ltd. (U.K), Rimec S.R.L., Prime Medical, Inc. (Korea), Shanghai Bojin Medical Instrument Co, Ltd. (China), Hanshin Medical Co., Ltd. (Korea)
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Market Opportunities
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Cast Saw Devices Market Dynamics
Drivers
Rise in the number of non-fatal injuries
Cast saw devices have become more popular due to physical injuries, sports injuries, and other factors. As a result of this factor, the global market for cast saw devices is predicted to grow significantly.
Concerns about osteoporosis are on the rise
The rising number of osteoporosis-related fractures could open up huge prospects for the cast saw devices market. According to the International Osteoporosis Foundation, 2017, Each year, osteoporosis causes more than 8.9 million fractures, resulting in an osteoporotic fracture every three seconds, one in every three women over 50, and one in every five males over 50, will suffer an osteoporotic fracture.
- Increasing number of orthopaedic hospitals
The cast saw the devices industry could see even more expansion due to globalization. On the highways, incidents and accidents are on the rise as well. As a result, all these factors contributes to the growth of the cast saw devices market.
- Increasing prevalence of fractures
To raise demand for plasters, which is projected to increase demand for removal equipment. The growing number of orthopaedic hospitals is expected to enhance demand for cast saw devices, paving the way for the global cast saw devices market to expand in the near future.
Opportunities
Government and non-government organisations are likely to run campaigns to raise public awareness of various orthopaedic illnesses. A constant increase in the geriatric population is likely to give a significant opportunity for the cast saw devices market during the forecast period 2022-2029. The growing number of orthopaedic hospitals is expected to enhance demand for cast saw devices, paving the way for the global cast saw devices market to expand in the near future.
Restraints/Challenges
Cast saw devices have several disadvantages, such as skin cuts from improper handling and the risk of burns from the heat generated between the blade and the cast material, which are expected to restrict market growth in the near future. Electric cast saw devices are costly and also high-speed tools may not cost much but have a poor wear resistance than carbide tools. HSS cutting edges are sharper, but they need to be replaced after fewer cycles because they can only be sharpened once.
This cast saw devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cast saw devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Cast Saw Devices Market
In the last few months every industry has suffered a setback. Due to numerous precautionary lockdowns and other constraints imposed by governments all over the world, this can be recognized as serious interruptions in their respective production and supply-chain processes. The global market for cast saw devices is no exception. Furthermore, as a result of the outbreak's negative impact on most people's general economic situation, consumer demand has declined as people have become more focused on reducing non-essential spending. Over the forecast period, expected to have an impact on the worldwide Cast Saw Devices market's revenue trajectory.
Global Cast Saw Devices Market Scope
The cast saw devices market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Saw Type
- Electric Saw without Vacuum
- Electric Saw with Vacuum
- Battery Operated Saw
On the basis of saw type the market is segmented into Electric Saw without Vacuum, Electric Saw with Vacuum and Battery Operated Saw.
By Application
- Plaster of Paris (POP) Cast Removal
- Fiberglass Cast Removal
On the basis of application the market is segmented into Plaster of Paris (POP) Cast Removal and Fiberglass Cast Removal.
By End-User
- Hospitals
- Clinics
- Ambulatory Surgery Centers
On the basis of end-user the market is segmented into Hospitals, Clinics and Ambulatory Surgery Centers.
Cast Saw Devices Market Regional Analysis/Insights
The cast saw devices market is analyzed and market size insights and trends are provided by country, type, price range, application and end-user as referenced above.
The countries covered in the cast saw devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Due to the rising prevalence of osteoporotic fractures in the United States, North America is likely to dominate the global cast saw devices market. The National Osteoporosis Foundation (NOF) estimates that over 1.3 million osteoporotic fractures occur in the United States each year.
The presence of a large number of key players committed to producing and distributing cast saw devices in Europe is projected to drive considerable growth in the global cast saw devices market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The cast saw devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for cast saw devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the cast saw devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Cast Saw Devices Market Share Analysis
The cast saw devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cast saw devices market.
Some of the major players operating in the cast saw devices market are:
- Essity Aktiebolag (Sweden)
- De Soutter Medical (United Kingdom)
- Smith and Nephew plc (England)
- Stryker Corporation (U.S)
- HEBU medical GmbH (Germany)
- McArthur Medical Sales, Inc. (Canada)
- Medezine Ltd. (United Kingdom)
- Prime Medical, Inc. (Korea)
- Shanghai Bojin Medical Instrument Co, Ltd. (China)
- Hanshin Medical Co., Ltd. (Korea)
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