Sports Medicine Market 2017: Global Industry Top Key Players Stryker, Smith & Nephew, Medtronic, Johnson & Johnson, DePuy Synthes Companies, and Zimmer BiometMarket is accounted for $5.10 billion in 2017 and is expected to reach $11.90 billion by 2026 growing at a CAGR of 9.8% during the forecast period (2017-2026).
Rising adoption of computer-assisted robotic surgeries, technological advancement in implants and increasing government initiatives regarding sports medicine are some the factors propelling the market growth. However, lack of experienced professionals and unsuitable guidelines about sports medicine are some of the factors restricting the growth of market.
Sports medicine is a division of medicine that deals with physical fitness and the treatment and avoidance of injuries linked to sports and exercise. Sports medicine has emerged as a distinct field of health care. Pursuing in the treatment of athletes and other physically active persons, sports and exercise medicine physicians have extensive education in musculoskeletal medicine.
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By Application, knee segment is expected to have significant growth during the forecast period owing to the rise in sports activities. The knee is the most common site of injuries in young athletes. Some of the common knee injuries include ACL, MCL, cartilage damage, and meniscal tear.
SOME OF THE KEY PLAYERS IN GLOBAL SPORTS MEDICINE MARKET ARE
• Depuy Synthes Companies,
• Zimmer Biomet Holdings, Inc.,
• Stryker Corporation,
• Smith & Nephew PLC ,
• Medtronic PLC,
• Johnson & Johnson,
• Performance Health,
• Wright Medical Group,
• CONMED Corporation,
• Arthrex, Inc.,
• RTI Surgical,
• DJO Global,
• Mueller Sports Medicine, Inc.
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Factors such as the rise in the adoption of ACL surgery and other minimally invasive techniques are driving the market growth. By geography, North America is dominating the sports medicine market. The growth of this region can be attributed to availability of low-cost manufacturing, favorable taxation and increasing popularity of sports & physical activity.
• Hip and Groin Injuries
• Knee Injuries
• Back and Spine Injuries
• Foot and Ankle Injuries
• Elbow and Wrist Injuries
• Shoulder Injuries
• Other Applications
• Body Support and Recovery Products
• Accessories & Consumables
• Body Monitoring & Evaluation Devices
• Body Reconstruction Products
END USERS COVERED:
• Ambulatory Care
• Trauma Centers
• Hospitals & Emergency Care
• Other End Users
MAJOR CHAPTERS COVERED IN SPORTS MEDICINE MARKET RESEARCH ARE:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 By Application
6 By Product
7 By End User
8 By Geography
9 Key Developments
10 Company Profiling
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