| Product Code: ETC336504 | Publication Date: Aug 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s orthopedic splint import market saw significant growth in 2024, with top exporting countries being the USA, Switzerland, Germany, Ireland, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 39.96%, indicating a strong upward trend. Furthermore, the growth rate from 2023 to 2024 was 7.22%, highlighting the continued expansion and demand for orthopedic splints in India.
The market for orthopedic splints in India is estimated to grow at a CAGR of 11% from 2025-2031, reaching an expected market value of USD 862.5 million by 2031. The major drivers for the growth of the market are increasing geriatric population and rising incidence of musculoskeletal disorders. Additionally, growing awareness about spine health and increasing adoption of sports activities are also contributing to the growth in demand for orthopedic splints in India.
The India orthopedic splints market is driven by factors such as the increasing prevalence of orthopedic conditions and the advancements in medical technology. Orthopedic splints are used to immobilize and support injured limbs, contributing to the healing process. The aging population, along with sports-related injuries, fuels the demand for orthopedic splints. Additionally, the adoption of lightweight and comfortable materials enhances patient comfort. However, challenges related to customization, regulatory compliance, and the availability of skilled healthcare professionals for proper application are important considerations for this market.
The India orthopedic splints market offers growth opportunities in medical devices. However, challenges include the need for accurate and customized fitting to ensure patient comfort and recovery. Developing splints that cater to diverse anatomies and injuries requires innovation and precision. Additionally, regulatory compliance and quality assurance are critical factors in ensuring the safety and effectiveness of orthopedic splints.
The India orthopedic splints market plays a vital role in supporting patients with orthopedic injuries. The COVID-19 pandemic strained healthcare resources and led to elective procedure postponements, affecting the market`s growth. As healthcare services normalize and patient volumes rise, the demand for orthopedic splints is projected to recover. The market`s resurgence will be supported by advancements in orthopedic technologies, increased awareness of injury management, and the growing elderly population`s healthcare needs.
The India orthopedic splints market is poised for growth, with key players like DeRoyal Industries, Inc. and ?ssur leading the way. These companies are expected to shape the market by offering innovative and technologically advanced orthopedic splint solutions. As the healthcare sector seeks to enhance patient care and recovery, the role of key players in providing effective and comfortable orthopedic splints will significantly influence the market`s outlook.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Orthopedic Splints Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Orthopedic Splints Market Revenues & Volume, 2021 & 2031F |
3.3 India Orthopedic Splints Market - Industry Life Cycle |
3.4 India Orthopedic Splints Market - Porter's Five Forces |
3.5 India Orthopedic Splints Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Orthopedic Splints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing incidence of orthopedic injuries and disorders in India |
4.2.2 Growing awareness about the benefits of orthopedic splints for injury management |
4.2.3 Rising geriatric population and associated orthopedic conditions in the country |
4.3 Market Restraints |
4.3.1 Limited access to quality healthcare services in rural areas of India |
4.3.2 High cost of orthopedic splints leading to affordability issues for some population segments |
4.3.3 Lack of skilled healthcare professionals for proper diagnosis and prescription of orthopedic splints |
5 India Orthopedic Splints Market Trends |
6 India Orthopedic Splints Market, By Types |
6.1 India Orthopedic Splints Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Orthopedic Splints Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Orthopedic Splints Market Revenues & Volume, By Lower extremity, 2021-2031F |
6.1.4 India Orthopedic Splints Market Revenues & Volume, By Upper extremity, 2021-2031F |
7 India Orthopedic Splints Market Import-Export Trade Statistics |
7.1 India Orthopedic Splints Market Export to Major Countries |
7.2 India Orthopedic Splints Market Imports from Major Countries |
8 India Orthopedic Splints Market Key Performance Indicators |
8.1 Number of orthopedic procedures performed in India annually |
8.2 Adoption rate of advanced orthopedic splint technologies in the market |
8.3 Rate of hospital admissions for orthopedic injuries and disorders in India |
9 India Orthopedic Splints Market - Opportunity Assessment |
9.1 India Orthopedic Splints Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Orthopedic Splints Market - Competitive Landscape |
10.1 India Orthopedic Splints Market Revenue Share, By Companies, 2024 |
10.2 India Orthopedic Splints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |