Press release
Sports Medicine Market New Technology, Application, Type, Customer Segments, and Top Key Players Conmed Corporation, Zimmer Biomet Holdings Smith & Nephew Plc, Stryker Corporation, Johnson & Johnson
Sports Medicine Market by Product, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global sports medicine market was valued at $6,615 million in 2016, and is projected to reach $11,172 million by 2023, growing at a CAGR of 7.7% from 2017 to 2023. The body reconstruction & repair segment accounted for about half of the global market in 2016.
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Major key players:
• Smith & Nephew Plc
• Stryker Corporation
• Johnson & Johnson (Depuy Mitek)
• Arthrex Inc.
• Conmed Corporation
• Zimmer Biomet Holdings
• Breg
• Mueller Sports Medicine
• DJO Global Inc.
• Medical Group N.V.
Key Findings of the Sports Medicine Market:
• The body reconstruction & repair segment is anticipated to generate the highest revenue during the forecast period.
• The cardiac monitoring and evaluation devices segment dominated the body monitoring and evaluation market, accounting for one third of the total share in 2016.
• North America dominated the market, accounting for maximum share of overall market in 2016.
• Asia-Pacific is exhibited to grow at a high rate of 10.6% during forecast period, owing to the increase in awareness regarding physical fitness in various countries in this region.
• The braces and support products dominate the body support & recovery segment during the forecast period.
• Shoulder injuries accounted for one sixth of the total share in 2016, with a CAGR of 6.7%.
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Asia-Pacific witnessed highest growth rate for sports medicine market, and is expected to continue this trend. This is attributed to the increase in active participation in sports by people in various countries of this region. In addition, various market players focus on the opportunities offered by sports industry of this region.
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. REGULATION AND REIMBURSEMENT SCENARIO
3.4.1. FDA
3.4.2. Health Canada
3.4.3. CE mark
3.4.4. Ministry of Health, Labor, and Welfare (MHLW)
3.5. MARKET SHARE ANALYSIS, 2016
3.6. MARKET DYNAMICS
3.6.1. Drivers
3.6.1.1. Rising incidence of sports related injuries
3.6.1.2. Active government participation in encouraging sports activities
3.6.1.3. Growing demand for minimally invasive surgeries
3.6.1.4. Escalating awareness about physical fitness among people
3.6.2. Restraints
3.6.2.1. Dearth of skilled professionals
3.6.2.2. Unfavorable reimbursement strategies
3.6.2.3. Inappropriate administration and guidelines pertaining to sports medicine
3.6.3. Opportunities
3.6.3.1. Rising influx of athletes
3.6.3.2. Technological advancements in sports medicine
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Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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