Press release
Sports Medicine Devices Market to Emerge with $10,662.5 Million of Revenue by 2025
Sports Medicine Devices Market
According to a new market research study titled 'Sports Medicine Devices Market - Global Analysis and Forecasts By Product and Application, the global sports medicine devices market is expected to reach US$ 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. The market is expected to grow due to increase in the number of sports medicine association as well as the increasing incidences of sports injuries.
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Global sports medicine devices market, based on the application was segmented into elbow & wrist, shoulder, knee, ankle/foot and others. Among the applications, the segment of knee is expected to grow at the fastest rate during the forecast period, since knee injuries are majorly contributed by the elderly people and patients suffering from arthritis and osteoarthritis and osteoporosis.
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 players operating in the sports medicine market have been focusing towards strengthening their market position as well as customer base, through measures such as, partnerships. For instance, in November 2018, DJO entered into partnership with SirenMD, a workplace collaboration platform which facilitates coordinated communication between caregivers and patient advocates. Through this collaboration, DJO would be able to provide even greater care to athletes and sports teams.
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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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