Finger Splint Market is driven by rising prevalence of hand injuries
The finger splint market comprises rigid and semi-rigid splints that are used for immobilization and protection of injured or recovering fingers. Finger splints provide support, reduce edema, and allow only controlled motion. They are commonly made of thermoplastics, carbon fiber, or fiberglass. Finger splints help protect fingers from further injury during healing or recovery by keeping them in proper alignment and immobilized. Various types of finger splints available include metal finger splints, composite splints, and dorsal finger splints among others.
The Global Finger Splint Market is estimated to be valued at US$ 285.5 Mn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031.
Key Takeaways
The growing incidence of hand injuries associated with sports and road accidents is expected to drive the demand for Finger Splint Market Size globally. According to the Hand Society, hand injuries account for over 12 million emergency room visits each year in the United States alone. Rapid urbanization and changing lifestyles have also increased the risks of hand injuries at workplaces.
Key players operating in the Finger Splint Market are 3M, BSN Medical, Patterson Medical, DJO Global, Zimmer Biomet, Stryker, Smith & Nephew, Mueller Sports Medicine, Brownmed, Össur, Mabis Healthcare, Acu-Life (Health Enterprises, Inc.), Alimed, DeRoyal Industries, Orfit Industries, Tynor Orthotics Private Limited, Sam Medical Products.
Finger splint manufacturers are focusing on expanding their presence globally, especially in developing economies of Asia Pacific and Latin America. Increasing healthcare investments and rising medical tourism in these regions will further aid the market growth over the coming years.
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