Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 192.37 Million | USD 290.34 Million | 4.68% | 2023 |
The global cast saw devices market size accrued earnings worth approximately USD 192.37 Million in 2023 and is predicted to gain revenue of about USD 290.34 Million by 2032, is set to record a CAGR of nearly 4.68% over the period from 2024 to 2032.
The report covers forecast and analysis for the global cast saw devices market. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other saws have also been considered to arrive at the indicated market numbers.
Cast saw devices are power tools used to remove orthopedic plaster/cast. These use small and sharp blades which rapidly oscillate and cut the hard plaster/cast. The blades used in the cast saw are composed of different materials like ion nitride, stainless steel, and titanium nitride. Rising incidences of accidents, osteoporosis, and trauma across are likely to drive the market for cast saw devices. As per stats provided by WHO, nearly 1.50 million people die every year due to road traffic crashes. Cast saw devices have certain advantages like extremely durability, high cutting performance, easy to use, and less procedure.
The cast saw devices market focuses on the production and distribution of medical tools specifically designed to remove orthopedic casts from patients. Cast saws are essential in the field of orthopedics for safely cutting through the hard material of a cast without harming the skin underneath. These devices are typically powered by electric motors and use oscillating blades to effectively cut through plaster or fiberglass casts.
The cast saw devices market serves hospitals, clinics, and orthopedic centers that regularly treat bone fractures and other conditions requiring immobilization through casting. It includes a variety of products, ranging from traditional saws to advanced models with features such as dust extraction systems for improved hygiene and patient comfort.
The market is growing due to the increasing prevalence of bone fractures and musculoskeletal disorders, advancements in cast removal technologies, and the rising demand for outpatient procedures. Additionally, the global aging population, which is more susceptible to fractures, is contributing to the expansion of the market. However, high costs associated with advanced cast saws and concerns regarding patient safety remain challenges to market growth.
Rising Incidence of Fractures and Bone Injuries: The growing number of bone fractures and musculoskeletal injuries, particularly in the aging population, is driving demand for cast saw devices. Sports-related injuries, accidents, and an increasing elderly population susceptible to fractures contribute significantly to market growth.
Technological Advancements: Innovations in cast saw design, such as dust extraction features, ergonomic designs, and noise-reduction technologies, enhance user comfort and safety, increasing their adoption in healthcare facilities.
Increase in Outpatient Procedures: As outpatient orthopedic care grows, so does the demand for efficient, safe, and cost-effective cast removal tools in clinics and ambulatory care centers.
Global Healthcare Expansion: The expansion of healthcare infrastructure in emerging economies is further driving demand for cast saw devices, as more healthcare providers offer orthopedic services.
The study provides a decisive view on the cast saw devices market by segmenting the market based on saw type, material, end user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The cast saw devices market is segmented on the basis of saw type into electric saw with vacuum, electric saw without vacuum, and battery operated saw. Battery operated saw segment is likely to hold maximum share of the market in 2023 since these devices get activated after pressure is applied and displays the user with optimum speed to be used.
Based On Material Segment, Stainless steel, titanium nitride, ion nitride, and others are the material segment of the cast saw devices market. The titanium nitride segment dominated the market in terms of revenue in 2018 since these are used constantly in cutting plastics, casting materials, and composites safely.
By end user the market is segmented into hospitals, ambulatory surgical centers, clinics, and others. The hospitals segment held major share of the market in terms of revenue in 2023 since these provide state-of-the-art facilities and most of the trauma cases and related to fractures are handled by hospitals.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. Asia Pacific is likely to grow at high CAGR in the forecast period owing to rising emergency cases in this region thus surging operational procedures, wherein cast saw devices play a crucial role.
The study also includes drivers and restraints for the cast saw devices along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the cast saw devices market on global level. Rising prevalence of factures is likely to be a major factor driving the growth of cast saw devices market, since these devices are used to remove cast or plasters. As per the stats provided by the International Osteoporosis Foundation (IOF), 2017, osteoporosis caused more than 9.0 million fractures annually, resulting in osteoporotic fractures every three seconds. As per WHO in 2017, around 1.30 million people died and 50 million people suffered from fractures and severe injury which has further boosted the market for cast saw devices.
Report Attributes | Report Details |
---|---|
Report Name | Cast Saw Devices Market |
Market Size in 2023 | USD 192.37 Million |
Market Forecast in 2032 | USD 290.34 Million |
Growth Rate | CAGR of 4.68% |
Number of Pages | 130 |
Key Companies Covered | McArthur Medical Sales Inc., Prime Medical Inc., Hanshin Medical Co. Ltd., Shanghai Bojin Medical Instrument Co. Ltd., Essity Aktiebolag, Smith & Nephew Plc., Stryker Corporation, HEBU medical GmbH, Rimec S.R.L, and OSCIMED S.A |
Segments Covered | By Saw Type, By Material, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts.
Some of the players within global cast saw devices market include:
Global Cast Saw Devices Market: Saw Type Segment Analysis
Global Cast Saw Devices Market: Material Segment Analysis
Global Cast Saw Devices Market: End User Segment Analysis
Global Cast Saw Devices Market: Regional Segment Analysis
FrequentlyAsked Questions
Cast saw devices are power tools used to remove orthopedic plaster/cast. These use small and sharp blades which rapidly oscillate and cut the hard plaster/cast.
The global cast saw devices market size accrued earnings worth approximately USD 192.37 Million in 2023 and is predicted to gain revenue of about USD 290.34 Million by 2032
The CAGR value of the cast saw devices market is expected to be around 4.68% over the period from 2024 to 2032.
Some key players of the global cast saw devices market are McArthur Medical Sales Inc., Prime Medical Inc., Hanshin Medical Co. Ltd., Shanghai Bojin Medical Instrument Co. Ltd., Essity Aktiebolag, Smith & Nephew Plc., Stryker Corporation, HEBU medical GmbH, Rimec S.R.L, and OSCIMED S.A.
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