Sports Medicine Market 2018 Global Key Country Analysis: Medtronic, DJO Global, Össur, Anika Therapeutics Inc., Zimmer Biomet, Johnson & Johnson, Conmed, Stryker Corporation, DePuy Synthes Companies, Smith & Nephew, Arthrex

Medtronic, DJO Global, Össur, Anika Therapeutics Inc., Zimmer Biomet, Johnson & Johnson, Conmed, Stryker Corporation, DePuy Synthes Companies, Smith & Nephew, Arthrex are turning all the heads in the Sports Medicine Market because of their product launches, their researches, joint ventures, merges, and accusations which are in turn affecting the sales, import, export and revenue at a global level.

This report by Data Bridge Market Research brings to you all the companies profiles needed to be in the competition for the Sports Medicine Market. With the help of SWOT analysis the report tells you about all the market restrain and drivers to be followed in the forecast period of 2017-2024 while also explaining what the Sports Medicine Market definition, classifications, applications, and engagements are and providing with all the figures of CAGR levels in the historic year 2015, base year 2016 and forecast year 2017-2024.

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Market Analysis: Global Sports Medicine Market

Global Sports Medicine Market is expected to reach USD 32,199.3 million by 2024 from USD 16,520.0 million in 2016, at a CAGR of 8.7% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Segmentation: Global Sports Medicine Market

• The global sports medicine market is segmented on the basis of product type, body area, end user, and geography. The global sports medicine market is segmented into 4 types, such as orthobiologics, surgical devices, arthroscopy devices, orthopaedic braces and supports. In 2017, surgical devices market segment is expected to account for the largest share of 43.3% of the global sports medicine market.

• Global sports medicine market is segmented into knee, hip, shoulder & elbow, foot & ankle and wrist & hand on the basis of body area.

• On the basis of procedures, global sports medicine market is segmented into knee arthroscopic procedures, hip arthroscopic procedures, shoulder and elbow arthroscopic procedures, foot and ankle arthroscopic procedures, and hand and wrist arthroscopic procedures. Knee arthroscopic procedure market segment is expected to account for the largest share of 45% in global sports medicine market.

• On the basis of end users, the market is classified into orthopaedic clinics, hospitals, ambulatory surgical centers and others. In 2017, the hospitals segment is expected to dominate the global sports medicine market with 57.1% market share. This segment is expected to grow at the highest CAGR of 9.9% in the forecast period 2017 to 2024.

Key Drivers: Global Sports Medicine Market

Some of the major factors driving the market for global sports medicine market are increasing incidences of sports injuries, increasing adoption of arthroscopic surgeries, continuous influx of new products and treatment modalities, growing research activities in sports medicine, developments in the field of regenerative medicine, and increased adoption and acceptance of arthroscopy & minimally invasive procedures rising prevalence of chronic diseases. These factors increase the demand for devices such as bone graft substitutes, surgical devices, and arthroscopy devices.

• Minimally invasive procedures such as arthroscopy are in high demand since they significantly reduce the recovery time and result in reduced bleeding and scarring.

• Growing awareness of various lifestyle diseases has resulted in a significant increase in participation in various sports and physical activities across the globe.

• The use of regenerative medicine in sports injuries has led to very promising treatment options in sports medicine.

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Key Players: Global Sports Medicine Market

Arthrex, Inc.,
Smith & Nephew,
DePuy Synthes,
Stryker,
CONMED Corporation,
Johnson & Johnson,
Bird & Cronin, Inc.,
Zimmer, Inc.,
Biomet Inc.,
Anika Therapeutics,
Ossur,
Breg Inc.,
Mueller Sports Medicine, Inc.,
DJO global,
Medtronic

Frequently Asked Questions:

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