Sports Medicine Market Growth and Business Opportunities in Coming Years | Key Players are Arthrex Inc. (US), Smith & Nephew (UK) and Stryker Corporation (US)
What the Market Looks Like?
Predicted to grow at a CAGR of 6.5% during the forecast period, the global sports medicine market is estimated to reach USD 9.1 Billion by the end of 2024. Factors such as the rising popularity of sports and physical activity, increasing awareness regarding the prevention & treatment of sports injuries, and growing investments in sports medicine are driving the North American market.
On the basis of products, the sports medicine market is segmented into body reconstruction products (fracture & ligament repair products, arthroscopy devices, implants, prosthetics, orthobiologics), body support & recovery products (braces & support, physiotherapy equipment, and compression clothing), and accessories. The body support & recovery products segment is expected to witness the fastest growth during the forecast period. Products such as braces, supports, and physiotherapy equipment are required before and after procedures involving reconstruction. Thus, the demand for these devices is growing due to the increasing number of sports injuries globally.
Please provide your specific interest in this report so as to help you better, Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=751&utm_source=openpr-12-9-19
Sports medicine is widely used for the prevention of sports injuries as well as for the cure, recovery, and rehabilitation of athletes. The sports medicine applications market is segmented into knee injuries, shoulder injuries, foot & ankle, elbow & wrist, back & spine, hip & groin, and other injuries. The knee injuries segment held the largest share of the market in 2018, a trend that is expected to continue during the forecast period. The large share of this segment can be attributed to the fact that a large number of knee injuries are recorded across major sports, globally, accounting for approximately 40% of all injuries due to sports.
What Drives the Market?
The growth of the global market for sports medicine is primarily influenced by the following factors:
Increasing Incidence of Sports Injuries
Continuous Influx of New Products and Treatment Modalities
Developments in the Field of Regenerative Medicine
We can help with your specific research requirement for this market. Please share your specific interest to help us serve you better, Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=751&utm_source=openpr-12-9-19
Geographical growth scenario of Sports Medicine Market:
Geographically, North America is expected to dominate the global sports medicine market in 2018, while the Asia Pacific region is expected to register the highest CAGR during the forecast period.
The high growth in this region can be attributed to the growth of the sports industry and overall participation in sports. Sporting events such as the 2008 Beijing Olympics, 2018 Winter Olympics in Korea, and the upcoming 2020 Summer Olympics in Japan have increased the level of interest in sports in Asia.
Leading market players and strategies adopted:
The major players operating in the sports medicine market include Arthrex, Inc (US), Smith & Nephew plc (UK), and Stryker Corporation (US). Other players involved in this market include Breg Inc. (US), DJO Global, Inc. (US), Mueller Sports, Inc. (US), Wright Medical Group N.V. (US), Medtronic (Ireland), RTI Surgical (US), Performance Health International Limited (US), KARL STORZ (Germany), and Bauerfeind AG (US).
Request for Bundle Reports @ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=751&utm_source=openpr-12-9-19
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Visit Our Website: https://www.marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Medicine Market Growth and Business Opportunities in Coming Years | Key Players are Arthrex Inc. (US), Smith & Nephew (UK) and Stryker Corporation (US) here
News-ID: 1877251 • Views: 126
More Releases from MarketsandMarkets.com
Graphic Film Market worth 31.10 Billion USD by 2022 | Leading Players are Avery …
The report "Graphic Film Market by Polymer (PVC, PP, PE), Film Type (Opaque, Reflective, Transparent, Translucent), End Use (Promotional & Advertisement, Industrial, Automotive), Printing Technology (Digital, Rotogravure), and Region - Forecast to 2022", The graphic film market will grow from USD 24.17 Billion in 2017 to USD 31.10 Billion by 2022, at a compound annual growth rate (CAGR) of 5.17% from 2017. The growing market for promotional banners and wrap
Welding Gas/Shielding Gas Market worth 2.66 Billion USD by 2020 | Leading Player …
The report "Welding Gas/Shielding Gas Market by Type (Argon, Carbon dioxide), by Storage, Distribution & Transportation (Cylinder & Packaged Gas, Merchant Liquid/Bulk), by Application (Gas Metal Arc Welding, Tungsten Gas Arc Welding), by End-Use Industry - Global Forecast to 2020", The welding gas/shielding gas is projected to grow from USD 2.02 Billion in 2015 to reach USD 2.66 Billion by 2020, at an estimated CAGR of 5.70%. Download PDF Brochure
The Long Steel Market is worth $636.7 Billion by 2025 | Leading Players are Arce …
The report "Long Steel Market by Process (Basic Oxygen Furnace, Electric Arc Furnace), Product Type (Rebar, Merchant Bar, Wire Rod, Rail) End-Use Industry (Construction, Infrastructure, Others), and Region (NA, EUROPE, APAC, MEA, SA) - Global Forecast to 2025" The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025.
Thin Wall Packaging Market worth $53.7 billion by 2023 | Leading players are Amc …
The report "Thin Wall Packaging Market by Product Type (Tubs, Cups, Jars, Trays, Clamshells, Lids, Pots), Production Process (Thermoforming, Injection Molding), Material (PP, PE, PET, PS, PVC), Application (Food, Beverages), and Region - Global Forecast to 2023" The thin wall packaging market is expected to grow from USD 42.8 billion in 2018 to USD 53.7 billion by 2023, at a CAGR of 4.64%. Rising demand for packaged food coupled with
More Releases for Sports
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC
The Edge Sports Supplements
The Edge Sports Supplements was founded in Sydney Australia October 1998. In the early days we started small, but what we lacked in size we made up with an attitude & work ethic second to none. Our vision was to build the most customer friendly store so we can provide the best products and services. Now with our bulk buying power we are able to offer discounts on all of
DIGITAL FANTASY SPORTS
The #1 Fantasy Sports Cryptocurrency Dedicated to the Building the Ultimate Arcade for the Fantasy Sports Industry Emerging technologies and platforms are shaping the fantasy sports industry today in ways we could have only imagined a decade ago. Players are joining the sports fantasy scene by the thousands, introducing more games and exciting the fan base worldwide. With the expansion and the magnetism of the cryptocurrency technology, players and fans are benefiting from more earnings,
Sports News in Tamil
Kamran Akmal-Gautam Gambhir: Gautam Gambhir is known to play his cricket with passion. India-Pakistan games are often high on passion and intensity. The occassion was the 2010 Asia Cup semifinal, and another high voltage India Pakistan clash was on the cards. Akmal made a loud appeal for caught behind which Gambhir didnt like, and the two players had a go at each other. Then, drinks break was announced, and both the
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" MarketResearchReports has announced the addition of a new research report providing an executive-level blueprint
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca …
China Sports Market Overview China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digit