Global Finger Splints Market Overview:
Over the last several years, there has been a considerable increase in the demand for finger splints due to an increase in the frequency of finger injuries. Recent improvements in arthroplasty, as well as the introduction of innovative treatments to address long-term residual pain stiffness, premature degenerative arthritis, and deformity, are projected to propel the finger splint market forward throughout the forecast period. In the near future, 3D printing is expected to play a critical role in improving the production process for finger splints.
- Growing aging population
- Increasing number of traumatic injuries caused due to sports and other forms of physical activities
- Fluctuation in the raw material
- Advent of new finger splints made from new and improved materials
- Rising research initiatives are undertaken by various medical equipment manufacturing companies worldwide to develop splinting products
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Alimed, Inc. (United States), Tynor Orthotics Private Limited (India), Zimmer Biomet (United States), Bird & Cronin Inc. (Dynatronics Corporation)(United States), Corflex, Inc. (United States), DJO Global, Inc. (Colfax Corporation) (United States), DeRoyal Industries, Inc. (United States), ORFIT INDUSTRIES NV (Belgium), Silver Ring Splint (United States) and Ortholife Global (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Finger Splints market by 2026. Considering Market by Material , the sub-segment i.e. Aluminium Finger Splints will boost the Finger Splints market. Considering Market by Distribution Channel, the sub-segment i.e. Medical stores will boost the Finger Splints market.
What Can be Explored with the Finger Splints Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Finger Splints Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Finger Splints
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Finger Splints market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Finger Splints market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants and Investors, Finger Splints Provider, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Finger Splints Market?
The Finger Splints market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Finger Splints Market?
Top performing companies in the Global Finger Splints market are Alimed, Inc. (United States), Tynor Orthotics Private Limited (India), Zimmer Biomet (United States), Bird & Cronin Inc. (Dynatronics Corporation)(United States), Corflex, Inc. (United States), DJO Global, Inc. (Colfax Corporation) (United States), DeRoyal Industries, Inc. (United States), ORFIT INDUSTRIES NV (Belgium), Silver Ring Splint (United States) and Ortholife Global (United States), to name a few.
3. What trending factors would impact Finger Splints Market growth most?
"Advancements and improvement in flexor tendon repair
" is seen as one of major influencing trends for Finger Splints Market during projected period 2020-2026.