TECHGuru

  Demand for casting and splinting has significantly risen in the last few years, bolstered by the increasing incidence of sports, orthopedic, and musculoskeletal injuries. The aged are more prone to injuries, hence growth witnessed in the geriatric population globally will fuel overall prospects for the market in response. With the evolution of technology, producers are looking to use advanced materials for manufacturing casts and splints. This subsequently is expected to boost sales of casts and splints worldwide. The market however is likely to get restrained by the unfavorable reimbursement policies, as per Transparency Market Research (TMR). Nevertheless, in the near future the presence of high unmet needs in emerging economies will present attractive opportunities for vendors in the market. TMR pegs the overall value of the global casting and splinting market at US$1.8 bn in 2015. The market is poised to reach US$3.1 bn by the end of 2024.     Asia Pacific Exhibits ...