Press release
Sports Medicine Market 2019 Share Anticipated to Boom at 7.6% CAGR | Rise in Incidence of Sport related Injuries will augment the market growth | Key Strategies by Zimmer Biomet, Smith & Nephew Plc, Johnson & Johnson, Breg, Inc., Wright Medical Group N.V.
Global Sports Medicine Market 2019-2025: The global sports medicine market is anticipated to be valued at US$ 7,308.24 million in 2017 and is forecasted to grow at a CAGR of 7.6% over the forecast period (2017 – 2025) | Decision Market ReportsSports 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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• Key Company Profiles covered in this report:
o Zimmer Biomet*
o Smith & Nephew plc
o Johnson & Johnson Services, Inc.
o Breg, Inc.
o Wright Medical Group N.V.
o Medtronic
o Stryker Corporation
o Mueller Sports Medicine, Inc.
o DJO, LLC
o Conmed Corporation
o RTI Surgical, Inc.
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.
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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.
Key features of the study:
• This report provides in-depth analysis of sports medicine and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, regulatory scenario, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global sports medicine market based on the following parameters – company overview, financial performance, geographical presence, key developments and strategies, and future plans
• Key companies covered as a part of this study include Zimmer Biomet, Smith & Nephew Plc., Johnson & Johnson, Breg, Inc., Wright Medical Group N.V., Medtronic, Stryker Corporation, Mueller Sports Medicine, Inc., DJO, LLC, Conmed Corporation, and RTI Surgical, Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product improvement, market expansion, and marketing tactics
• The global sports medicine market report caters to various stakeholders in this industry including investors, researchers, sports medicine manufacturers, new entrants, and financial analysts.
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the sports medicine market.
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Detailed Segmentation:
• Global Sports Medicine Market, By Product Type:
o Body Reconstruction Products
Implants
Fracture and Ligament Repair Devices
Arthroscopy Devices
Prosthetic Devices
Orthobiologics
o Body Support and Recovery
Braces and Support
Compression Clothing
Hot and Cold Therapy
o Accessories
• Global Sports Medicine Market, By Application:
o Hip and Groin Injuries
o Knee Injuries
o Back and Spine Injuries
o Ankle and Foot Injuries
o Elbow and Wrist Injuries
o Shoulder Injuries
o Other Injuries
Table of Contents
1. Research Objective and Assumption
2. Market Overview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Sports Medicine Market, By Product Type, 2015–2025, (US$ Million)
5. Global Sports Medicine Market, By Application, 2015–2025, (US$ Million)
6. Global Sports Medicine Market, By Regions, 2015–2025, (US$ Million)
7. Competitive Landscape
8. Section
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