Sports Medicine Market Show Impressive Growth By 2026 Estimating Global Top Players Smith & Nephew Plc, Johnson & Johnson, Breg, Inc., Medtronic Plc, Stryker Corporation

Sports medicine includes physical therapy, joint repair, and treatment of musculoskeletal injuries, analytics of athlete body conditions and training, and others. In the recent past, sports has witnessed an increase in people to take up sports as a profession. This trend is especially prevalent in emerging economies such as India, China, and Brazil. This is one of the major factors expected to aid in growth of the sports medicine market over the forecast period.

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Rise In Incidence Of Sport Related Injuries Will Augment The Market Growth

Increasing cases of bone fractures, trauma due to fall, and others, require medical intervention (orthopedics), thus, augmenting the need for sports medicine products. In 2012, according to the National Institute of Health, knee is the most commonly injured joint by adolescent athletes with an estimated 2.5 million sports-related injuries presenting to emergency departments, annually in the U.S. This number is expected to increase significantly over the forecast period. Increasing adoption of minimally invasive techniques by healthcare professionals owing to long-term benefits of this surgery is also expected to propel growth of the sports medicine market. Minimally invasive surgeries such as arthroscopy of the knees, shoulders, elbows and ankles has become the standard method for care. However, lack of skilled professionals in this field and high costs associated with the devices may hamper growth of the sports medicine market.

Market Dynamics:

Major factors that propel growth of the sports medicine market is increasing number of participation in sports globally. Events such as the 2008 Beijing Olympics has led to increasing inclination of people in Asia Pacific towards sports. Additionally, growing demand for outpatient, minimally invasive surgeries are key factors contributing to growth of the sports medicine market. Athletes of all competition levels are early adopters of novel treatment methods. They are driven to find less invasive methods of injury management and faster means of returning to their sport activities. So minimally invasive and small incision replacement surgery is an evolving area with improved rehabilitation and pain management to accelerate post-surgery recovery. Furthermore, Manufacturers are focusing on introducing cost-effective and wear-reducing quality products in order to enhance their product offerings and increase market share that accelerates the demand for sports medicine devices.

Competitive Analysis:

Some of the key players in sports medicine market are

• Zimmer Biomet
• Smith & Nephew Plc
• Johnson & Johnson
• Breg, Inc.
• Wright Medical Group N.V.
• Medtronic Plc
• Stryker Corporation
• Mueller Sports Medicine, Inc.
• DJO, LLC
• Conmed Corporation
• RTI Surgical, Inc.

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Detailed Segmentation:

Global Sports Medicine Market, By Product Type:

• Body Reconstruction Products
Implants
Fracture and Ligament Repair Devices
Arthroscopy Devices
Prosthetic Devices
Orthobiologics
• Body Support and Recovery
Braces and Support
Compression Clothing
Hot and Cold Therapy
• Accessories

Global Sports Medicine Market, By Application:

• Hip and Groin Injuries
• Knee Injuries
• Back and Spine Injuries
• Ankle and Foot Injuries
• Elbow and Wrist Injuries
• Shoulder Injuries
• Other Injuries

Global Sports Medicine Market, By Geography:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

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