Sports Medicine Devices Market explores and analyses the essential factors of market depending on present industry situations
Sports Medicine Devices Market is registering a CAGR of 7.3%, expected to reach $12,730 million by 2025. The body reconstruction & repair segment accounted for about three-eighths of the global market in 2017.Asia-Pacific witnessed the highest growth rate in the sports medicine devices market, and is expected to continue this trend during the forecast period. This is attributed to the increase in active participation in sports by people of this region. In addition, various market players focus on the opportunities offered by the sports industry of this region.
Sports medicine is a branch of healthcare industry, which deals with the physical fitness of athletes. Moreover, it involves prevention and treatment of injuries related to sports and exercise. Common sport injuries include anterior cruciate ligament (ACL) tears, ankle sprains, muscle cramps, and shin splints. Demand for sports medicine devices has increased considerably, owing to active participation of athletes in various sports across different countries. Various aspects of sports medicine such as indulging in sports activities for fitness, recommendations for physical training, and sports injury prevention & treatment further contribute toward the market growth.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/515?utm_source=sy-Openpr
The major companies profiled in the report include
• Smith & Nephew Plc.
• Stryker Corporation
• Johnson & Johnson (Depuy Mitek)
• Arthrex Inc.
• Conmed Corporation
• Zimmer Biomet Holdings Inc.
• Breg Inc.
• Mueller Sports Medicine Inc.
• DJO Global Inc.
• Wright Medical Group N.V.
The other players operating in the global sports medicine devices market include Richard Wolf GmbH, Ceterix Orthopaedics, General Electric Company, KFx Medical LLC, Medtronic Plc., MedShape, Inc., Osiris Therapeutics, Inc., and NuVasive, Inc.
Rise in incidence of sports-related injuries in the young population majorly drives the growth of the sports medicine devices market. Moreover, sports injuries have become highly prevalent among the young population, owing to increase in participation in sports. In addition, increase in initiatives by governments of various countries to promote sports activities and rise in demand for minimally invasive surgeries boost the market growth.
Furthermore, easily accessible and advanced treatment products related to sports medicine for quick & easy recovery fuel the demand for sports medicine. However, lack of skilled professionals as well as inappropriate administration and guidelines in the field of sports medicine hamper the growth of the market. On the contrary, rise in adoption of regenerative sports medicine is anticipated to offer profitable opportunities for the expansion of this market.
Table of Content
Chapter 1:Introduction
1.1. Report description
1.2.Key benefits for stakeholders
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.Porters five forces analysis
3.4.Market share analysis
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Rise in incidence of sports-related injuries
3.5.1.2.Active government participation in encouraging sports activities
3.5.1.3.Surge in demand for minimally invasive surgeries (MIS)
3.5.1.4.Increase in awareness about physical fitness among people
3.5.2.Restraints
3.5.2.1.Dearth of skilled professionals
3.5.2.2.Unfavorable reimbursement strategies
3.5.2.3.Inappropriate administration and guidelines pertaining to sports medicine
3.5.3.Opportunity
3.5.3.1.Rise in influx of athletes
3.5.3.2.Advancements in sports medicine
Buy Now (Data Pack Available with Discounted Price): @ https://www.alliedmarketresearch.com/checkout/856692?utm_source=sy-Openpr
The body reconstruction & repair segment is anticipated to dominate the market during the forecast period. This is attributed to the fact that body reconstruction & repair products are majorly used in the treatment and prevention of sport-related injuries. Among body reconstruction & repair products, the bone/cartilage repair & reconstruction segment is expected to register the highest CAGR of 8.6% during the forecast period.
Considering body support & recovery products, the support devices & braces segment was the highest revenue contributor in 2017, accounting for five-ninths share. The knee injuries segment is estimated to grow at the highest CAGR of 8.6% from 2018 to 2025, as athletes frequently suffer from such injuries. Sports medicines are principally employed in the treatment of knee injuries, owing to increase in incidence of meniscus tear among sportspersons.
KEY FINDINGS OF THE STUDY
• The body support & recovery segment is anticipated to generate the second highest revenue during the forecast period.
• The cardiac segment dominated the body monitoring & evaluation market, accounting for one-third of the total share in 2017.
• North America dominated the market, accounting for maximum share of overall market in 2017.
• Artificial joint implants serve to be the highest contributor to the orthopedic sports medicine devices market in 2017 and is expected to maintain this dominance throughout the forecast period.
• Shoulder injury segment accounted for one-sixth of the total share in 2017, registering a CAGR of 5.4%.
Access Full Summery @ https://www.alliedmarketresearch.com/sports-medicine-devices-market?utm_source=sy-Openpr
About Us:
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Medicine Devices Market explores and analyses the essential factors of market depending on present industry situations here
News-ID: 1434574 • Views: …
More Releases from Allied Market Research
Feminine Hygiene Products Market to Receive Overwhelming Hike in Revenues By 203 …
According to a new report published by Allied Market Research, titled, "Global feminine hygiene products market by nature, product type, distribution channel, and region: global opportunity analysis and industry forecast, 2021-2030,"
The global feminine hygiene products market was valued at $38.9 billion in 2020, and is projected to reach $68.7 billion by 2030, registering a CAGR of 6.1% from 2021 to 2030.Feminine hygiene products are type of personal care products,. These…
Top Impacting Factors: Satellite Antenna Market Scenario Analysis, Trends, Drive …
Allied Market Research published a report, titled, "Satellite Antenna Market by Technology Type (Parabolic Reflector Antenna, Flat Panel Antenna, Helical Antenna, and Others), Frequency Band (C Band, Ku Band, Ka Band, X Band, and Others), Application (Communication Satellites, Earth Observation Satellites, Navigation Satellites, Scientific Satellites, and Others) End User (Commercial and Government & Defense) and Orbit Type (Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Earth Orbit (GEO)):…
Industrial Oven Market Share Will Hit $15,967.7 Million by 2031 | Growth With Re …
According to a new report published by Allied Market Research, titled, "Industrial Oven Market by Product, Process, Heating Medium, and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2022-2031," the global industrial oven market size was valued at $9,422.1 million in 2020, and is projected to reach $15,967.7 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.
There is a rapid shift among end-users on use…
The Global Patent Analytics Market Reach USD 3.4 Billion by 2032, Growing at a C …
According to the report published by Allied Market Research, The Global Patent Analytics Market Reach USD 3.4 Billion by 2032, Growing at a CAGR of 14%. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in…
More Releases for Sports
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC…
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports …
Global Sports Tourism Market 2019-2023:
With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism Market Industry Market. With Global Sports Tourism Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Global…
Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports …
A professional survey done by Report Consultant has formulated a report titled “Global Sports Tourism Market”, which instills a crisp idea of the influential aspects affecting the growth of the market. It gives the new entrants a clear idea of all the business strategies incorporated by the key players, which is helping them regulate their trade success. It serves a reliable business tool helping the reader to understand the global…
Sports Tourism Market Breakdown of Leading Market Player’s 2018-2022: Great At …
ReportsWeb.com has announced the addition of the “Global Sports Tourism Market Size Status and Forecast 2018-2022” The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeast…
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
MarketResearchReports has announced the addition of a new research report providing an executive-level blueprint…
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca …
China Sports Market Overview
China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digit…