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Sports Medicine Devices Market Specifies Prime Growth by 2025 | Wright Medical Group, RTI Surgical, Mueller Sports Medicine, Arthrex, DJO Global

12-21-2020 10:26 AM CET | Health & Medicine

Press release from: The Insight Partners

Sports Medicine Devices Market to 2025

Sports Medicine Devices Market to 2025

North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as, rise in the number of sports injuries as well as the presence of major associations working in the field of sports medicine in the region.

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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The global sports medicine devices market by product was led by body reconstruction and repair segment. In 2017, the body reconstruction and repair segment held a largest market share of 44.6% of the sports medicine devices market, by product. The segment is also expected to dominate the market during the year 2025, due to benefits such as, reduce pain, reduce swelling, better functioning, repairing of the damaged body part.

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.

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.

Company Profiles in this report 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

TABLE OF CONTENTS

1. INTRODUCTION 24
1.1 SCOPE OF THE STUDY 24
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 24

2. GLOBAL SPORTS MEDICINE DEVICES MARKET – KEY TAKEAWAYS 25

3. GLOBAL SPORTS MEDICINE DEVICES– MARKET LANDSCAPE 28
3.1 OVERVIEW 28
3.2 MARKET SEGMENTATION 28
3.2.1 Global Sports Medicine Devices Market – By Product 29
3.2.2 Global Sports Medicine Devices Market – By Application 30
3.2.3 Global Sports Medicine Devices Market – By Geography 30
3.3 PEST ANALYSIS 31
3.3.1 North America – PEST Analysis 31
3.3.2 Europe – PEST Analysis 33
3.3.3 Asia Pacific – PEST Analysis 35
3.3.4 Middle East And Africa – PEST Analysis 37
3.3.5 South And Central America – PEST Analysis 39

4. GLOBAL SPORTS MEDICINE DEVICES MARKET – KEY MARKET DYNAMICS 41
4.1 KEY MARKET DRIVERS 41
4.1.1 Increase In The Number of Sports Medicine Associations 41
4.1.2 Increasing Incidences of Sports Injuries 42
4.1.3 Rising Demand for Minimally Invasive Methods 43
4.2 KEY MARKET OPPORTUNITIES 43
4.2.1 Penetration Into Emerging Economies 43
4.2.2 Introduction of Advanced Technologies 44
4.3 FUTURE TRENDS 45
4.3.1 Prevention Through Genomics 45
4.4 IMPACT ANALYSIS 45

5. SPORTS MEDICINE DEVICES MARKET – GLOBAL ANALYSIS 46
5.1 GLOBAL SPORTS MEDICINE DEVICES MARKET REVENUE FORECASTS AND ANALYSIS 46
5.2 GLOBAL SPORTS MEDICINE DEVICES MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 47
5.3 PERFORMANCE OF KEY PLAYERS 48
5.3.1 Arthrex Inc. 48
5.3.2 Smith and Nephew 48
5.4 EXPERT OPINIONS 49

6. GLOBAL SPORTS MEDICINE DEVICES MARKET ANALYSIS – BY PRODUCT 50
6.1 OVERVIEW 50
6.2 GLOBAL SPORTS MEDICINE DEVICES MARKET, BY PRODUCT, 2017 & 2025 (%) 50
6.3 BODY RECONSTRUCTION AND REPAIR MARKET 51
6.3.1 Overview 51
6.3.2 Global Body Reconstruction and Repair Market Revenue and Forecasts to 2025 (US$ Mn) 52
6.3.3 Fracture and Ligament Repair Devices Market 53

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About Us:
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 Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

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Email: sales@theinsightpartners.com

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