Press release
Sports Medicine Devices Market Outlook to 2025 : Mueller Sports Medicine, Inc., DJO Global, LLC, CONMED Corporation, Zimmer Biomet, Wright Medical Group N.V, Arthrex, Inc., Stryker, Smith & Nephew, RTI Surgical Inc
Sports Medicine Devices Market to 2025
Body Reconstruction and Repair are driving the market for sports medicine devices over the forecast period, in the product segment
In 2017, the body reconstruction and repair segment held the largest share of the market, by product. The segment is also expected to witness growth at a significant rate during the forecast period, due to its benefits such as, reduced pain and swelling, better functioning, and early repairing of the damaged body part.
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Sports Medicine Devices Market - Global Analysis and Forecasts By Product and Application, the global sports medicine devices market is expected to reach US$ 10,662.5 Mn in 2025 from US$ 5,822.6 Mn in 2017. The market is estimated to grow with a CAGR of 7.9% from 2018-2025. The report highlights the trends prevalent in the global sports medicine devices market and the factors driving the market along with those that act as deterrents to its growth.
Sports medicine devices are used to treat wounds and injuries caused by the sport activities and exercise. Treatment for a sports injury can consist of pain relievers and protecting the injured area with a cast or suspended by support. For some cases, a surgical procedure may be required to repair torn tissue or realign bones. Key factors driving the growth of sports medicine market are, rising number of sport injuries, presence of various sports medicine associations and rising preference for minimally invasive methods for treating sports injury.
The market for sports medicine devices is expected to grow significantly due to Increasing Incidences of Sports Injuries, rising demand for minimally invasive methods as well as the presence of various sports medicine associations. In addition, the introduction of advanced technology in the field of sports medicine devices is anticipated to have a positive impact on the growth of the sports medicine devices market in the coming years.
Some of the prominent players operating in sports medicine devices market are DJO Global, Zimmer Biomet, STRYKER, Smith & Nephew, DePuy Synthes, Wright Medical Group N.V., Arthrex, Inc., CONMED Corporation, Mueller Sports Medicine, Inc., and RTI Surgical, Inc. The market players are focused towards introducing new and innovative products in the market to sustain their position in the market.
Key Developments in the Market:
• In July, 2018, Wright Medical Group N.V launched PROstep Minimally Invasive Surgery System. The system provides a minimally invasive, that involves specially designed implants and instrumentation for percutaneous surgery of the foot. These product innovations and launches are expected to propel the growth of the sports medicine devices market during the forecast period.
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The report segments the global Sports Medicine Devices market as follows:
Global Sports Medicine Devices Market – By Product
• Body Reconstruction and Repair
• Fracture and Ligament Repair Devices
• Orthobiologics
• Arthroscopy Devices
• Prosthetic
• Body Support
• Braces
• Thermal Therapy Devices
• Topical Pain Relief
• Compression Clothing
• Others
• Accessories
Global Sports Medicine Devices Market – By Application
• Knee
• Shoulder
• Ankle/Foot
• Elbow & Wrist
• Others
Global Sports Medicine Devices Market – By Geography
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
Asia Pacific (APAC)
• Japan
• China
• India
Middle East & Africa (MEA)
• South Africa
• UAE
• Saudi Arabia
South & Central America (SCAM)
• Brazil
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