Sports Medicine Devices Market And Impact of COVID-19 Research Report By DJO Global, Zimmer Biomet, STRYKER, Smith & Nephew, DePuy Synthes, Wright Medical Group N.V., Arthrex,CONMED Corporation, Mueller Sports Medicine, and RTI Surgical

The Insight Partners analysts forecasts the latest report on “Global Sports Medicine Devices Market (Covid-19) Impact and Analysis by 2025”, according to report; The Sports Medicine Devices Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Sports Medicine Devices Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Sports Medicine Devices Market.

The sports medicine devices market accounted to US$ 5,822.6 Mn in 2017 and is expected to grow at a CAGR of 7.9% during the forecast period 2018 - 2025, to account to US$ 10,662.5 Mn by 2025.

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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Sports Medicine Devices Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2025, factoring the impact of Covid -19 Situation.

Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology
The reports cover key developments in the Sports Medicine Devices Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

Some of the Major Market Players Are:

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.

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.

MARKET SEGMENTATION

By Product

• Body Reconstruction and Repair
o Fracture and Ligament Repair Devices
o Orthobiologics
o Arthroscopy Devices
o Prosthetic
• Body Support
o Braces
o Thermal Therapy Devices
o Topical Pain Relief
o Compression Clothing
o Others
• Accessories

By Application

• Knee
• Shoulder
• Ankle/Foot
• Elbow & Wrist
• Others

The report analyses factors affecting the Sports Medicine Devices Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Sports Medicine Devices Market in these regions.

Moreover, the report entails the estimate and analysis for the Sports Medicine Devices Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Sports Medicine Devices Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Sports Medicine Devices Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2025 with respect to five major regions. The Sports Medicine Devices Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Sports Medicine Devices Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Market Insights

Increasing Incidences of Sports Injuries

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.

Rising Demand for Minimally Invasive Methods

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.

Major Features of Sports Medicine Devices Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Sports Medicine Devices market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Sports Medicine Devices market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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