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Sports Medicine Market COVID-19 Impact Analysis - Arthrex, Inc., Smith & Nephew, DePuy Synthes, Stryker, CONMED Corporation, Johnson & Johnson Services

07-30-2020 09:02 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Sports Medicine Market

Sports Medicine Market

Sports Medicine Market analysis report puts across the idea of high level analysis of major market segments and identification of opportunities. This information not only aids businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. Additionally, estimation of strategic options, suggestions of winning action plans and support to make critical bottom-line decisions is also provided by experienced and innovative industry experts. It supports in adjusting the production depending on the conditions of demand in the market which evades the wastage of goods. The market data analysed in this Sports Medicine Market report makes achieve the business goal and objective in predetermined time frame.

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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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),

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), 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), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Definition: Global Sports Medicine Market

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.

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

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

10.1.    Overview

10.2.    North America

10.3.    Europe

10.4.    Asia-Pacific

10.5.    South America

10.6.    Middle East & Africa

Company Landscape
Company Profiles
Related Reports

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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 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.

Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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