Global Orthotic Devices, Casts and Splints Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Casting Supplies & Equipment Orthotics.

By Distribution Channel;

Institutional Sales, and Retail Sales.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn106944856 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Orthotic Devices, Casts and Splints Market (USD Million), 2021 - 2031

In the year 2024, the Global Orthotic Devices, Casts and Splints Market was valued at USD 2,738.02 million. The size of this market is expected to increase to USD 4,144.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The global orthotic devices, casts, and splints market encompasses a broad spectrum of products used for orthopedic rehabilitation, injury management, and support. This market has experienced significant growth driven by several factors. One key driver is the increasing prevalence of musculoskeletal disorders and injuries worldwide, attributed to factors such as aging populations, sedentary lifestyles, and sports-related activities. As the incidence of conditions like osteoarthritis, fractures, and ligament injuries rises, there is a growing demand for orthotic devices, casts, and splints to provide support, stability, and pain relief for affected patients.

Technological advancements play a crucial role in shaping the orthotic devices, casts, and splints market, driving innovation in product design, materials, and manufacturing processes. Advanced materials such as thermoplastics, fiberglass, and carbon fiber offer lightweight, durable, and customizable solutions for orthopedic support and immobilization. Moreover, innovations in 3D printing technology enable the creation of personalized orthotic devices and splints tailored to individual patient anatomy and treatment needs, enhancing comfort and efficacy. Additionally, the integration of smart technologies such as sensors and wearable devices into orthotic products allows for real-time monitoring, feedback, and data-driven rehabilitation, further driving market growth and differentiation.

While the orthotic devices, casts, and splints market presents significant growth opportunities, it also faces challenges such as pricing pressures, reimbursement issues, and regulatory complexities. Pricing pressures from healthcare providers and insurers can impact profit margins for manufacturers, while reimbursement policies may vary across regions and healthcare systems, affecting patient access to orthotic devices and related services. Furthermore, stringent regulatory requirements for product approval and quality assurance pose barriers to market entry and expansion. Nevertheless, strategic collaborations, technological innovations, and market expansion initiatives are expected to drive continued growth and innovation in the global orthotic devices, casts, and splints market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Orthotic Devices, Casts and Splints Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Musculoskeletal Disorders
        2. Technological Advancements in Product Design
        3. Aging Population
      2. Restraints
        1. Pricing Pressures
        2. Reimbursement Challenges
        3. Regulatory Hurdles
      3. Opportunities
        1. Adoption of 3D Printing Technology
        2. Integration of Smart Technologies
        3. Expansion into Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Orthotic Devices, Casts and Splints Market, By Product, 2021 - 2031 (USD Million)
      1. Casting Supplies & Equipment
      2. Orthotics
    2. Global Orthotic Devices, Casts and Splints Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Institutional Sales
      2. Retail Sales
    3. Global Orthotic Devices, Casts and Splints Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DJO Global, Inc.
      2. Össur hf
      3. BSN medical GmbH (acquired by Essity Aktiebolag)
      4. Bauerfeind AG
      5. 3M Company
      6. Breg, Inc. (acquired by Orthofix International N.V.)
      7. Bird & Cronin, Inc. (acquired by Dynatronics Corporation)
      8. DeRoyal Industries, Inc.
      9. Alimed, Inc.
      10. Aspen Medical Products, Inc.
  7. Analyst Views
  8. Future Outlook of the Market