Press release
Sports Medicine Devices Market to 2025: Product Development and Latest Industry Key Trends: DJO Global, Zimmer Biomet, STRYKER, Smith & Nephew, DePuy Synthes, Wright Medical Group N.V., Arthrex, Inc.
According to The Insight Partners market research study titled ‘Sports Medicine Devices Market - Global Analysis and Forecasts By Product and Application.Body Reconstruction and Repair are driving the market for sports medicine devices over the forecast period, in the product segment.
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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 market players are focused towards introducing new and innovative products in the market to sustain their position in the market. For instance, in July, 2018, Wright Medical Group N.V launched PROstep Minimally Invasive Surgery System. The system provides a minimally invasive, that involves specially designed implants and instrumentation for percutaneous surgery of the foot. These product innovations and launches are expected to propel the growth of the sports medicine devices market during the forecast period.
The report includes driving factor for sports medicine devices is expected to grow significantly due to Increasing Incidences of Sports Injuries, rising demand for minimally invasive methods as well as the presence of various sports medicine associations. In addition, the introduction of advanced technology in the field of sports medicine devices is anticipated to have a positive impact on the growth of the sports medicine devices market in the coming years.
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Global sports medicine devices market, based on the product was body reconstruction and repair, body support and accessories. In 2017, the body reconstruction and repair segment held the largest share of the market, by product. The segment is also expected to witness growth at a significant rate during the forecast period, due to its benefits such as, reduced pain and swelling, better functioning, and early repairing of the damaged body part.
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
Europe
Middle East & Africa (MEA)
Asia Pacific (APAC)
South & Central America (SCAM)
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.
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.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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