The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.
The report offers actionable and valuable market insights of Finger Splint. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Finger Splint Market across various industries and regions.
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The global finger splint market is expected to expand at a CAGR of more than 7% over the next ten years, with demand for thumb spica finger splints surging across regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Finger Splint market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Finger Splint
This newly published and insightful report sheds light on Market Insights of Finger Splint, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Finger Splint Market. The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of finger splints across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of finger splints during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Key Market Segments Covered
- Finger Splints
- Finger Extension Splints
- Finger Cot Splints
- Thumb Spica Splints
- Aluminium Finger Splints
- Neoprene Finger Splints
- Plastic and Thermoplastic Finger Splints
- Foam Finger Splints
- Under US$ 10 Finger Splints
- US$ 10 – US$ 50 Finger Splints
- Above US$ 50 Finger Splints
- Distribution Channel
- Offline Sales of Finger Splints
- Medical stores
- Sports Stores
- Hypermarkets and Supermarkets
- Other Retail Stores
- Offline Sales of Finger Splints
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Key Takeaways from Market Study
- The finger splint market is anticipated to add 2X value by 2031.
- Thumb spica finger splints hold a major chunk, equivalent to three-fourth of the global market share, and are set to create an absolute $ opportunity of around US$ 200 Mn over 2021-2031.
- Among the materials, aluminium finger splints have been the fastest-growing segment owing to their sturdy and lightweight nature.
- Plastic & thermoplastic and neoprene are projected to dominate the market in terms of CAGR, as these materials are majorly used in thumb spica splints, which are dominating the global market.
- Due to the COVID-19 crisis, demand for finger splints was hit in 2020, which saw a decline of 2.6% over the 2nd and 3rd quarters of 2020.
Key players manufacturing finger splints are Alimed, Inc., Tynor Orthotics Private Limited, Zimmer Biomet, Bird & Cronin Inc. (Dynatronics Corporation), Corflex, Inc., DJO Global, Inc. (Colfax Corporation), DeRoyal Industries, Inc., ORFIT INDUSTRIES NV, Silver Ring Splint, and Ortholife Global.
These players are expected to come up with technical expertise and product launches that show faster curing results. The market structure is somewhat fragmented, and the degree of fragmentation is expected to rise over the forecast period.
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Key Question answered in the survey of Finger Splint market report:
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More Valuable Insights on Finger Splint Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Finger Splint, Sales and Demand of Finger Splint, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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