06-Jan-2020 | Zion Market Research
Zion Market Research has published a new report titled “Cast Saw Devices Market by Saw Type (Electric Saw with Vacuum, Electric Saw without Vacuum, and Battery Operated Saw), by Material (Stainless Steel, Titanium Nitride, Ion Nitride, and Others), and by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025”. According to the report, global demand for cast saw devices market was valued at approximately USD 155.9 million in 2018, and is expected to generate revenue of around USD 206.5 million by end of 2025, growing at a CAGR of around 4.1% between 2019 and 2025.
Browse the full “Cast Saw Devices Market: by Saw Type (Electric Saw with Vacuum, Electric Saw without Vacuum, and Battery Operated Saw), by Material (Stainless Steel, Titanium Nitride, Ion Nitride, and Others), and by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025” Report at https://www.zionmarketresearch.com/report/cast-saw-devices-market
Cast saw devices are power tools used to remove orthopedic cast/plaster. Cast saw devices use sharp and small blades which oscillate rapidly and help in cutting the hard cast/plaster. Likely the blades which are used in the cast saw are made of different materials like stainless steel, titanium nitride, and ion nitride. Escalating cases of accidents, trauma, and osteoporosis across are likely to further boost the market for these devices. Cast saw devices have various advantages like they have high edge cutting performance, these are extremely durable, require less procedure and are easy to use. As per WHO, nearly 1.50 Mn people every year come across road traffic crashes.
Growing incidence rate of factures is among the major factors driving the market growth of cast saw devices as these are used in the removal of plasters and casts. In 2017, as per the International Osteoporosis Foundation (IOF), osteoporosis caused around 9.0 Mn fractures annually, i.e. osteoporotic fractures in every three seconds on an average. In 2017, as per WHO about 1.30 Mn people died and 50 Mn suffered from severe injury and fractures which has further propelled the market for cast saw devices.
The market for cast saw devices is segmented based on material, saw type, end user and regions. The cast saw devices market is segmented on the basis of saw type into electric saw without vacuum, electric saw with vacuum, and battery operated saw. The segment for battery operated saw held major share of the market as these devices get activated after pressure is applied and display the user with optimum speed required.
Based on material segment the market is segmented into ion nitride, stainless steel, titanium nitride, and others. The segment for titanium nitride held major share of the market in 201 as these are constantly used in casting materials, cutting plastics, and composites safely. Based on end user the market is segmented into ASC’s (ambulatory surgical centers), clinics, hospitals, and others. The segment for hospitals held major share of the market 2018 as most of the trauma cases and related to fractures are handled by hospitals and also these provide state-of-the-art facilities.
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. The market in Asia Pacific is likely to grow at high CAGR due to rising emergency cases and surging operational procedures, where cast saw devices play a crucial role. Moreover, North America held major share of the market due to rise in awareness among the patients and doctors about the benefits associated with electric saws, rising health hazards related to dust released during cast removal and with dust extraction systems which have fueled the demand for the cast saw devices in this region.
Some of the players within the market include Smith & Nephew Plc., Prime Medical, Inc., Hanshin Medical Co., Ltd., Rimec S.R.L, McArthur Medical Sales, Inc., Shanghai Bojin Medical Instrument Co., Ltd., HEBU medical GmbH, Essity Aktiebolag, Stryker Corporation, and OSCIMED S.A.
This report segments the global cast saw devices market as follows:
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
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