Sports Medicine Market Showing tremendous Growth With Top Players Arthrex, Inc. (Germany), Smith & Nephew (UK), DePuy Synthes (US), Stryker (US), CONMED Corporation (US)

This comprehensive Sports Medicine Market report underlines the primary and secondary drivers, market share, possible sales volume, leading segments, and geographical analysis. Market expectations for likely development openings have been mentioned clearly in this Sports Medicine Market research report. Moreover, key market parameters of this report range from industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, to company market share analysis.  

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.

U.S. Sports Medicine Market By Product Type, By End-User, By Country (U.S.) - Industry Trends and Forecast to 2026

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Key Market Competitors: Global Sports Medicine Market

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)

Sports Medicine Market By Product Type (Orthobiologics (Bone Graft Substitutes, Viscosupplementation, BMC, PRP), Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopedic Braces and Supports), Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand), Application (Knee Injuries, Shoulder Injuries, Foot and Ankle Injuries, Elbow and Wrist Injuries, Back and Spine Injuries, Hip and Groin Injuries), End Users (Orthopedic Clinics, Hospitals, Ambulatory Surgical Centers, Others) – Industry Trends & Forecast to 2026

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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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

Region:

United States

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This reports includes the following deliverable

Macro Indicator Analysis
Market Overview
Market Dynamics
Drivers, Restraints, Opportunities and Challenges
Market sizing and growth analysis
Market forecasting to 2024
Market Competitive Landscape
Product Launches and Pipeline Analysis
Value Chain Analysis
Market Mergers, Acquisitions and Agreements
Company Profiles

This report scope includes a holistic study of the current dynamics of the market, industry growth and restraints of the market. It provides the market forecast to 2024, recent developments in the market and pipeline analysis of the major players. The report also includes a review of micro and macro forecasts, new entrant strategies, and market penetration strategies with a comprehensive value chain analysis.

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