Current and Future Scope of Sports Medicine Devices Market | Projected to Grow at a CAGR Of 7.9% to Reach USD 10.66 Bn | Industry Forecast 2025

Global Sports Medicine Devices Industry Report – Forecast to 2025 is latest research report published by "The Insight Partners", which provides comprehensive information on Sports Medicine Devices Market - Demand, Size, Share and Statistics with historic and forecast data to 2025.

Market Insights

The increase in the incidences of the sports injuries is contributed by the professional athlete, weekend sports players, youngster, children playing in the societies and sometime adults. Most of the sports injuries are orthopedic injuries which include sprain, strain, fractures, ligament breaks, pain, swelling and others.

These injuries are broadly classified as acute and chronic. As per the Federation Internationale de Football Association (FIFA), ankle sprain is most widely experienced injuries caused in the football players across the world. In US, approximately 240,000 injuries were treated in the emergency department and among them approximately 48,810 cases were for fractures and near 79,400 cases were for strain and sprains and also there were 5,000 cases for the dislocations.

The injuries in the sports are minor most of the times and in cases of the major injuries orthopedic doctors try to avoid surgical treatments. Most of the time minor injuries can be treated with minimally invasive methods such as physical therapy, bracing & casting, acupuncture, arthroscopic surgery, sports medicine. These treatments are less invasive than surgical procedures and generally requires shorter recovery period. These options of the minimally invasive methods are cost effective and are widely preferred due to the less recovery time and are easy to adapt by the patients.

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Company Profiles

DJO Global
Zimmer Biomet
STRYKER
Smith & Nephew
DePuy Synthes
Wright Medical Group N.V.
Arthrex, Inc.
CONMED Corporation
Mueller Sports Medicine, Inc.
RTI Surgical, Inc.

Market Segmentation

Product Insights

The global sports medicine devices market by product was led by body reconstruction and repair segment. In 2017, the body reconstruction and repair segment held a largest market share of 44.6% of the sports medicine devices market, by product. The segment is also expected to dominate the market during the year 2025, due to benefits such as, reduce pain, reduce swelling, better functioning, repairing of the damaged body part.

Application Insights

The sports medicine devices market by application was segmented elbow & wrist, shoulder, knee, ankle/foot and others. The knee segment held the largest share of the market, by application. The segment is also likely to dominate during the forecast period, since most of the injuries occurring to athletes occurs in the knee or the ankle.

Strategic Insights

Product launches and partnership were observed as the most adopted strategy in global sports medicine devices industry. Few of the product approvals and agreements made by the players in the market are listed below

2018: In November, 2018, DJO entered into partnership with SirenMD, a workplace collaboration platform which facilitates coordinated communication between caregivers and patient advocates.

2018: In July, 2018, Wright Medical Group N.V launched PROstep Minimally Invasive Surgery System. The system provides a minimally invasive, integrated solution that featuring specifically designed implants and instrumentation for percutaneous surgery of the foot.

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Regional Overview

By Geography

North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Asia Pacific (APAC)
China
India
Japan
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
South America (SAM)
Brazil

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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This release was published on openPR.