Press release
Sports Medicine Market Study | Increasing Adoption of Arthroscopic Surgeries - KFx Medical LLC., MedShape, Inc., NuVasive, Inc
Sports Medicine Market Study | Increasing Adoption of Arthroscopic Surgeries - KFx Medical LLC., MedShape, Inc., NuVasive, Inc
Sport Medicines can be defined as a medical branch which is deals with diagnosis, treatment and prevention of the injuries or illness of athletics or sportsman. Sports medicines play an initial and important part in the sports.
According to US centers for diseases control, around 10 % of kids and teen participating in the sports suffer include minor or major type of injury and majority of the sports injury occur during 12-16 yr of age. Sports like Football and baseball has the highest rate of injury. Beside this lack of safety and carelessness during practice or game is the major reason for occurrence of the sports injuries.
Global Sports Medicine Market is expected to rise from its initial estimated value of USD 19.45 billion in 2018 to an estimated value of USD 37.35 billion by 2026, registering a CAGR of 8.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing incidences of sports injuries.
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Segmentation: Global Sports Medicine Market
By Product Type
Orthobiologics
Bone Graft Substitutes
Viscosupplementation
BMC
PRP
Surgical Devices
Plates and Screws
Arthroscopy Devices
Orthopedic Braces and Supports
By Body Area
Knee
Hip
Shoulder & Elbow
Foot & Ankle
Wrist & Hand
By Application
Knee Injuries
Shoulder Injuries
Foot and Ankle Injuries
Elbow and Wrist Injuries
Back and Spine Injuries
Hip and Groin Injuries
By End User
Orthopedic Clinics
Hospitals
Ambulatory Surgical Centers
Others
By Geography
North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Reasons to Purchase this Report
Current and future of global sports medicine market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Table of Contents:
Introduction
Market Segmentation
Market Overview
Executive Summary
Premium Insights
Global, By Component
Product Type
Delivery
Industry Type
Geography
Company Landscape
Company Profiles
Related Reports
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Few of the major competitors currently working in the sports medicine market are
Arthrex, Inc. (Germany),
Smith & Nephew (UK),
DePuy Synthes (US),
Stryker (US),
CONMED Corporation (US),
Johnson & Johnson Services (US),
Bird & Cronin (USA),
Zimmer Biomet (US),
Anika Therapeutics, Inc. (US),
Ossur (Europe),
Breg, Inc. (US),
Mueller Sports Medicine, Inc. (US),
DJO Global, Inc. (US),
Medtronic (Ireland),
GENERAL ELECTRIC (US),
Ceterix Orthopaedics (USA),
KFx Medical LLC. (US),
MedShape, Inc. (USA),
NuVasive, Inc. (US),
Flexion Therapeutics Inc. (US)
Market Drivers
Increasing adoption of arthroscopic surgeries, this act as driver to the market.
Continuous influx of new products and treatment modalities, this act as driver to the market.
Market Restraints
Unfavorable reimbursement strategies, this significant act as market restraints.
Inappropriate administration and guidelines pertaining to sports medicine, this significant act as market restraints.
Key Developments in the Market:
In November 2018, Colfax Corporation announced that they acquire DJO Global Inc. to create a new growth platform in the high-margin orthopedic solutions market.
In February 2017, Smith & Nephew PLC announced an agreement with Leaf Healthcare, a California-based developer of a unique wireless patient monitoring system for injury prevention. This agreement enables the use of this technology by a nationwide customer base.
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Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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