Cast Saw Devices Market

Key Factors contributing to the growth of the Cast Saw Devices Market:

• Rising Prevalence of Cast Saw Devices: Increasing incidence of fractures, orthopedic injuries, and post-operative immobilization drives the need for cast removal tools.

• Growing Adoption of Cast Saw Devices: Hospitals, clinics, and orthopedic centers are increasingly using cast saws for efficient and safe removal of casts.

• Technological Advancements & Product Launches: Innovations such as lightweight, ergonomic, and battery-operated cast saws enhance user convenience and patient safety.

• Government Awareness Initiatives: Public health programs promoting orthopedic care and injury management encourage the use of modern cast removal devices.

• Expanding Access in Emerging Markets: Rising healthcare infrastructure, increased orthopedic procedures, and investments in medical technology facilitate market expansion in developing regions.

Cast Saw Devices Market By Product Type (Electric Saw With Vacuum, Electric Saw Without Vacuum, And Battery Operated Saw), Blade Material (Stainless Steel, Titanium Nitride, Iron Nitride, And Others), Application (Plaster Of Paris (Pop) Cast Removal, Fiberglass Cast Removal, And Others), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, And Others), And Geography (North America, Europe, Asia-Pacific, And Rest Of The World) is expected to grow at a steady CAGR forecast till 2030 owing to rise in the incidence of accidental injuries, and bone injuries, among others

The cast saw devices market is estimated to grow a CAGR of 4.12% during the forecast period from 2024 to 2030. The rise in orthopedic injuries such as fractures and bone-related issues is closely linked to factors like increased participation in physical activities, sports, and accidents. These incidents are not only common among younger individuals but also among the elderly population, whose bones may be more fragile due to aging. With a larger portion of the population entering old age, there's a higher likelihood of orthopedic injuries occurring, thus driving up the demand for cast saw devices during the forecast period from 2024 to 2030.

Cast Saw Devices Market Dynamics:

According to the International Osteoporosis Foundation (2023) data, in 2021 it was estimated that around one-third of women and one-fifth of men aged 50 or older globally will suffer a bone fracture due to osteoporosis in their lifetime. This condition leads to over 8.9 million bone fractures each year, translating to a fracture occurring approximately every 3 seconds on average. Additionally, more than half of individuals who experience a hip fracture worldwide show signs of a previous spinal fracture. Osteoporosis, which weakens bones, significantly heightens the risk of fractures, particularly in the spine and hips. Osteoporosis significantly increases the risk of fractures, especially in weight-bearing bones like the hip, spine, and wrist. Consequently, there's an escalating need for casts to immobilize and promote healing in patients with osteoporotic fractures. These fractures often require specialized casting techniques due to their complexity, necessitating the use of precision instruments like cast saw devices for safe and efficient removal. Moreover, as the population ages, the incidence of osteoporotic fractures is expected to rise, given that osteoporosis is more prevalent in older adults. With a larger elderly population, the demand for orthopedic treatments, including casting for osteoporotic fractures, will inevitably increase.

According to data provided by the World Health Organization (WHO) for the year 2023, around 20 to 50 million people worldwide suffer non-fatal injuries every year due to road traffic accidents. Accidents are a big reason why the cast saw devices market keeps growing. When accidents happen, they often cause bone fractures that need casts to heal properly. So, there's more demand for cast saws to help take these casts off when the healing is done. Accidents can lead to all sorts of injuries, and cast saw devices are handy because they can handle different types of fractures. Hospitals and urgent care centers see a lot of accident-related injuries, and they rely on cast saws to safely remove casts from injured patients. Even after the initial injury, accidents might require ongoing care, like putting on or taking off casts as part of the recovery process. Cast saw devices are essential for this kind of care too. The increasing incidence of accidents and injuries will grow the overall market of cast saw devices.

Additionally, the various strategic activities such as the new product launches with better features and safety measures are also driving healthcare providers to upgrade their equipment. For example, in January 2022, British Manufacturer Medezine launched their innovative new range. The new Medcast cast saws feature an "Anti-Noise" design, reducing anxiety in both adults and children during cast removal.

Therefore, with such developments, the demand for cast saw devices is likely to increase which is expected to propel the growth of the overall Cast Saw Devices market during the forecast period from 2024 to 2030.

However, the high cost of the electric cast saw, and skin cuts from improper handling of Cast Saw Devices, may restrict the growth of the overall Cast Saw Devices market.

Cast Saw Devices Market Segment Analysis:

Cast Saw Devices Market by Product Type (Electric Saw With Vacuum, Electric Saw Without Vacuum, and Battery Operated Saw), Blade Material (Stainless Steel, Titanium Nitride, Iron Nitride, and Others), Application (Plaster of Paris (POP) Cast Removal, Fiberglass Cast Removal, and Others), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the product type segment of the overall Cast Saw Devices market, the electric saw without vacuum category is expected to hold the largest share in the year 2023. The increasing demand for electric saws without vacuum in various healthcare settings such as hospitals, ambulatory surgical centers, and others. This can be attributed to the wide applications and advantages provided by the electric saw without vacuum. Electric saws without vacuum devices are incredibly useful in hospitals and clinics for several reasons. Firstly, they're good at cutting casts precisely, so they can remove them without hurting the patient's skin or tissues. This means procedures are safer and more effective, leading to better outcomes for patients. Secondly, they're super quick, which helps healthcare providers get through procedures faster.

Electric ones don't require as much effort from the person using them, so healthcare workers don't get as tired during long procedures. Another advantage associated with electric saws without vacuum is that they can be adjusted to work with different types of casts and suit the needs of different patients. This makes them flexible and handy to have around, many electric cast saws are designed to be quieter, which makes procedures less stressful for patients and healthcare workers. Plus, they have safety features like blade guards and easy-to-hold handles to prevent accidents and keep everyone safe. Overall, electric cast saw devices are phenomenal because they're precise, fast, easy to use, adaptable, quiet, and safe. They're essential tools in hospitals and clinics for removing casts and helping patients get better.

Therefore, owing to the applications and advantages of electric saw devices, all of the above factors are expected to drive the growth of the electric saw devices, thereby propelling the overall growth of the Cast Saw Devices market during the forecast period from 2024 to 2030.

Cast Saw Devices Regional Insights

North America Is Expected To Dominate The Overall Cast Saw Devices Market:

Among all the regions, North America is expected to hold the largest share in the global Cast Saw Devices market in 2023. Several factors contribute to the growth of the Cast Saw Devices market in North America. Firstly, there's a noticeable increase in the number of bone fracture injuries across the region. The incidence of orthopedic injuries such as osteoporosis, and sports injuries leads to a higher demand for cast saw devices to aid in the healing process. Additionally, the product approval and launch activities further drive the need for cast saw devices. These unfortunate events often result in fractures that require casting, thus fueling the demand for cast saws in North America. As the region continues to witness an increase in bone fracture injuries, accidents, and falls, coupled with ongoing product development initiatives by key players, the demand for cast saw devices is expected to remain robust, further driving market growth in the upcoming years.

According to data from Osteoporosis Canada, in 2022, over 2.3 million Canadians were living with osteoporosis. It is estimated that at least 1 in 3 women and 1 in 5 men will suffer from an osteoporotic fracture during their lifetime. Approximately 80% of those diagnosed with osteoporosis are women. Furthermore, only 20% of osteoporosis patients receive a diagnosis or adequate treatment. As per the same source, it is estimated that Osteoporosis causes more than 80% of fractures in adults over 50+, it causes 30,000 (70-90%) hip fractures annually. Consequently, individuals with osteoporosis often require casts for proper healing, driving the need for cast saw devices to aid in cast removal procedures.

Further, North America's aging population also amplifies the demand for cast saw devices, as osteoporosis becomes more prevalent with age. As the population continues to age, the incidence of osteoporotic fractures is expected to rise, driving sustained demand for cast saw devices to manage these fractures effectively.

Therefore, the presence of a large geriatric population associated with bone injuries, and accidents along with the presence of key players, among others is expected to boost the growth of the Cast Saw Devices market in the North America region during the forecast period from 2024 to 2030.

Key Cast Saw Devices Companies In The Market Landscape:

Some of the key Cast Saw Devices companies market in the market include -

• Stryker
• De Soutter Medical
• Erbrich-Instrumente GmbH
• Hanshin Medical Co.
• Medezine
• ORTHOPROMED
• Shanghai Bojin Medical Instrument Co
• Jiangsu Qianjing Medical Equipment Co.
• Prime Medical Inc.
• HEBUMEDICAL GMBH
• McArthur Medical Sales Inc.
• Essity Health & Medical
• OSCIMED SA, and others
  

Recent Developmental Activities In The Cast Saw Devices Market:

• In Novemeber 2023, Medezine a British manufacturer launched their innovative novel range of medical saws. The new product range of Mediezine has been designed to focus on qualities that are critical to clinicians and the patient experience. It's well-recognized that noisy cast saws can make kids feel anxious, the new Medcast cast Saws include “Anti” noise design which makes the devices less panic for both adults and children.

Key Takeaways From The Cast Saw Devices Market Report Study

• Market size analysis for current Cast Saw Devices market size (2023), and market forecast for 6 years (2024 to 2030)
• Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
• Key companies dominating the global Cast Saw Devices market.
• Various opportunities available for the other competitor in the Cast Saw Devices market space.
• What are the top-performing segments in 2023? How these segments will perform in 2030?
• Which are the top-performing regions and countries in the current Cast Saw Devices market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for Cast Saw Devices market growth in the coming future?

Target Audience Who Can Be Benefited From This Cast Saw Devices Market Report Study

• Cast saw devices products providers
• Research organizations and consulting companies
• Cast saw devices-related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and traders dealing in cast saw devices
• Various end-users who want to know more about the cast saw devices market and the latest technological developments in the cast saw devices market.

Frequently Asked Questions For The Cast Saw Devices Market:

1. What are Cast Saw Devices?

A Cast Saw device is used to remove orthopedic casts. Unlike a circular saw with a rotating blade, a cast saw uses a sharp, small-toothed blade rapidly oscillating or vibrating back and forth over a minimal angle to cut material. This device is often used with a cast spreader.

2. What is the market for global cast saw devices?

The cast saw devices market is estimated to grow a CAGR of 4.12% during the forecast period from 2024 to 2030.

3. What are the drivers for the global cast saw devices market?

The rise in orthopedic injuries such as fractures and bone-related issues is closely linked to factors like increased participation in physical activities, sports, and accidents. These incidents are not only common among younger individuals but also among the elderly population, whose bones may be more fragile due to aging. With a larger portion of the population entering old age, there's a higher likelihood of orthopedic injuries occurring, thus driving up the demand for cast saw devices during the forecast period from 2024 to 2030.

4. Who are the key players operating in the global cast saw devices market?

Some of the key market players operating in the Cast Saw Devices market include Stryker, De Soutter Medical, erbrich- instrumente GmbH, Hanshin Medical Co., Medezine, ORTHOPROMED, Shanghai Bojin Medical Instrument Co, Jiangsu Qianjing, Medical Equipment Co., Prime Medical Inc., HEBUMEDICAL GMBH, McArthur Medical Sales Inc., Essity Health & Medical, OSCIMED SA and others.

5. Which region has the highest share in the cast saw devices market?

Several factors contribute to the growth of the Cast Saw Devices market in North America. Firstly, there's a noticeable increase in the number of bone fracture injuries across the region. The incidence of orthopedic injuries such as osteoporosis, and sports injuries leads to a higher demand for cast saw devices to aid in the healing process. Additionally, the product approval and launch activities further drive the need for cast saw devices. These unfortunate events often result in fractures that require casting, thus fueling the demand for cast saws in North America. As the region continues to witness an increase in bone fracture injuries, accidents, and falls, coupled with ongoing product development initiatives by key players, the demand for cast saw devices is expected to remain robust, the upcoming years are driving the growth of the Cast Saw Devices market in North America.