Press release
Sports Medicine Market Rapid Growth | 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, and RTI Surgical, Inc.
Sports medicine involves treatment and prevention of injuries related to sports or exercise. It involves the use of various instruments, technologies, and implants to perform minimally invasive surgeries of the joints, including the repair of soft tissue injuries and degenerative conditions of the knee, hip and shoulder. In 2015, Smith & Nephew launched iQ-FIX All-suture anchor for procedures such as rotator cuff repair in the shoulder and labral repair in the shoulder and hip.Continuous development of new products by medical device companies in sports medicine is also expected to boost the sports medicine market growth over the forecast period (2017–2025). In July 2015, Mitek Sports Medicine — part of DePuy Synthes companies of Johnson & Johnson — introduced two new arthroscopic surgery radiofrequency devices, the VAPR TRIPOLAR 90 Suction Electrode and the VAPR ARCTIC Suction Electrode, to enhance soft tissue ablation and coagulation during arthroscopy surgery.
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Major Key players involved in sports medicine market includes:
1 Zimmer Biomet
2 Smith & Nephew Plc
3 Johnson & Johnson
4 Breg
5 Wright Medical Group N.V.
6 Medtronic Plc
7 Stryker Corporation
8 Mueller Sports Medicine
9 Conmed Corporation
10 RTI Surgical
Key players in the market are engaged in strategic acquisitions and collaborations to increase their product portfolios and to introduce new platform technologies. For instance, in April 2016, Zimmer Biomet Holdings, Inc. entered into a definitive agreement to acquire — Arizona-based Cayenne Medical, Inc. — to strengthen Zimmer Biomet's Sports Medicine capabilities and portfolio of technically advanced soft tissue reconstruction solutions for knee, shoulder, and extremities procedures.
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Competitors in the sports medicine market are focused on new product development to enhance is market share. For instance, in July 2015, Mitek Sports Medicine — part of DePuy Synthes Companies of Johnson & Johnson — introduced two new arthroscopic surgery radiofrequency devices, The VAPR TRIPOLAR 90 Suction Electrode and the VAPR ARCTIC Suction Electrode, to enhance soft tissue ablation and coagulation during arthroscopy surgery.
Sports professionals and athletes are early adopters of novel treatment methods. They focus on less invasive methods of injury management for faster recovery. Therefore, minimally invasive and small incision replacement surgery are gaining significant traction for improved rehabilitation and pain management to accelerate post-surgery recovery.
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
Table of Contents
1. Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
2. Market Overview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Regulatory Scenario
Industry Trends
PEST Analysis
PORTER’S Five Forces
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