FINGER SPLINT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Finger splints are medical devices that are used for immobilizing the injured fingers and protecting them from further damage. Rising prevalence of finger injuries such as fractures, sprains and dislocations owing to various factors such as accidents, sports injuries and fall can boost demand for finger splints. Furthermore, growing geriatric population who are more prone to injuries and advent of 3D printing technology for manufacturing customized finger splints as per the finger structure can drive the market growth. However, availability of alternative treatment methods and lack of awareness in some emerging nations can hamper the market growth.
Market Dynamics:
Global finger splint market growth is primarily driven by rising incidence of finger injuries worldwide. Frequent accidents at construction sites and workplaces have significantly contributed to growing number of finger fractures and ligament tears. Participation in sports and recreational activities has also increased hand and finger injuries among both professional as well as amateur players. According to recent statistics, hand injuries account for over 10% of all emergency room visits in the U.S. every year. Moreover, growing geriatric population who are more susceptible to falls and fractures can also boost demand for finger splints globally. However, the availability of alternative treatment options such as buddy taping and cold compression therapy, casts and braces can hamper the market growth. High costs associated with customized 3D printed splints also hinders its adoption, particularly in price sensitive developing markets. The development of low cost 3D printing technologies and increasing awareness through social media marketing can offer new opportunities for market players in the near future.
Key Features of the Study:
Detailed Segmentation-
Table of Contents
*Browse 32 market data tables and 28 figures on "Finger Splint Market” - Global forecast to 2031
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