Cast removal device market is expected to grow over the forecast period owing to the increasing incidences of accidents, injuries and physical damages. The other drivers of this market are growing median age of the global population, bone related diseases, and technological advancement. An accident is one of the common drivers found throughout the globe. It is an unplanned or incidental event, often due to lack of necessity and intention. Road accident, events mishaps, fire, etc are the few examples of accidents, which gives out the negative outcome.
Cast removal device market is segmented on the basis of application, types and end-use. On the basis of application, the market is further segmented into advanced device, bottom edge device and hand handled device. Among these advanced device held the largest market share in 2013. This device cuts the orthopedic devices without any noise and debris generation. Some of the advanced devices are burs, drills, reamers, taps and blades. These devices equipped with properties such as low material speed, high cutting torque and it maintains the velocity throughout the cast. On the basis of product, the market is sub segmented into cast spreader, cast vacuum, saw and cast cutter. Among these cast vacuum device holds the larger market share. It removes the casting by making vacuum between cast layer and the skin. It has benefits attached to it, such as, low risk of skin cutting and itching. On the basis of end user, this market is segmented into clinics, hospitals, rehabilitation centers, and other healthcare centers.
Geographically, the cast removal device market is studied with respect to four regions such as North America, Europe, Asia Pacific and RoW. North America is dominating the regional market due to presence of strong research & development, larger number of patient population base, supportive government initiative and growing healthcare infrastructure. The growing economies in Asia Pacific region such as India and China are expected to witness lucrative growth during the forecast period due to the rising healthcare expenditure, and awareness about the cast removal devices.
The major market players of the cast removal device market Stryker Corporation, Smith & Nephew Corporation, ViewCast Inc., and KMT Robotic Solutions.
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