QYResearch: Global revenue of orthopedic splints is nearly 650 M USD in 2016
Analyst: Ma Ying
Company: QYResearch
The data of QYResearch’s < Global Orthopedic Splints Market Research Report 2017> shows that, in the last several years, global market of orthopedic splints developed rapidly, with an average growth rate of 5.87%. In 2016, global revenue of orthopedic splints is nearly 650 M USD; the actual production is about 63.6 million units.
The global average price of orthopedic splints is in the decreasing trend, from 10.62 USD/Unit in 2012 to 10.21 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of orthopedic splints according to the materials includes fiberglass splints, polyester splints and others, and the proportion of polyester splints in 2016 is about 34%, and the proportion is in increasing trend from 2012 to 2016.
Orthopedic Splints is widely used in hospital and orthopedic clinic. The most proportion of orthopedic splints is hospital, and the consumption proportion in 2016 is about 65%.
North America region is the largest supplier of orthopedic splints, with a production market share nearly 39% in 2016. Europe is the second largest supplier of orthopedic splints, enjoying production market share nearly 28% in 2016.
North America is the largest consumption place, with a consumption market share nearly 34% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 24%.
Market competition is intense. DJO, 3M Healthcare, BSN Medical, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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Analyst: maying@qyresearch.com
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