Cast Saw Devices Market Size (2024 - 2029)

Cast Saw Devices Market Analysis

The cast saw devices market is expected to register a CAGR of 4.2% over the forecast period.

The pandemic adversely impacted the growth of the market for cast saw devices. The majority of elective surgeries were canceled or postponed globally as a result of the outbreak and lockdowns. Due to this, a lower number of road accidents and associated injuries and fractures were observed. With that, in healthcare facilities, the treatment was shifted from orthopedic procedures to COVID-19 patients, which affected the market in the short term, particularly in specialty hospitals. About 6.3 million orthopedic surgeries were postponed or canceled worldwide due to COVID-19, as per the data published in the British Journal of Surgery in May 2020 by the University of Birmingham. However, the market is gaining traction in the post-pandemic phase as orthopedic procedures are reaching their pre-pandemic levels globally, there's a surge in the number of sports injuries, and there's an increasing number of cases of trauma from accidents. For instance, according to the OCED data published in November 2022, the total number of knee replacement procedures performed in 2021 was 7,808 in Portugal, 6,572 in Norway, and 6,498 in Ireland, as compared to 5,081; 5,800; and 5,483 in 2020, respectively. Furthermore, as per the report published by Eltis, in June 2022, after COVID-19 limitations were withdrawn, the number of accidents resulting in injuries rose by 93% on weeknights and by 157% on weekends. Similarly, as per the road safety barometer from the Vias Institute, the number of road accidents and casualties during the first half of 2022 in Belgium was reported as 18,567 compared to 15,524 in 2021. Thus, as per the analysis, the number of fatalities and injuries from road accidents increased as compared to 2021, which is expected to have a positive impact on the cast saw devices market over the coming years.

The major factors attributing to the growth of the cast saw devices market are the increasing incidence of sports injuries, accidents, physical damages due to accidental falls with aging, and osteoporosis. For instance, according to the publication on Accident and Emergency (A&E) activity in English NHS hospitals and English NHS-commissioned activity in the independent sector in 2021-2022, the total A&E attendances were 24.4 million. That is an increase of 39.8% compared with 2020-21. Similarly, according to the WHO's update of July 2022, approximately 1.71 billion people have musculoskeletal conditions worldwide. Such a high burden of musculoskeletal conditions results in increased musculoskeletal injuries, which in turn drives the growth of the market for cast saw devices. Similarly, unintentional injury accounted for 200,995 in 2020, according to CDC data, and the number of deaths due to traffic accidents in the United States was reported to be 40,698 in the same year. Such factors are altogether boosting the market demand for cast saw devices.

However, injuries associated with the use of cast saw devices, as well as the high cost of electric cast saw devices with vacuum, are expected to limit the growth of the cast saw devices market during the study's forecast period.

Cast Saw Devices Industry Segmentation

As per the scope of the report, cast saw devices are important orthopedic power tools used in the removal of orthopedic plaster/casts that are utilized for fracture management. These devices are equipped with small, sharp blades that rapidly oscillate and cut the hard plaster/cast. The blades used in the cast saw are composed of different materials like iron nitride, stainless steel, and titanium nitride that are safe and prevent any cuts or injuries to the patient's skin on contact. The Cast Saw Devices Market is Segmented by Saw Type (Electric Saw, and Battery-Operated Saw), Application (Plaster of Paris (POP) Cast Removal and Fiberglass Cast Removal), End-User (Hospitals, Clinics, and Ambulatory Surgery Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions, globally. The report offers the value (in USD million) for the above segments.