Sports Medicine Market Share, Business Growth by Top Key Players Analysis, Comparison by Regions till 2025 | Conmed Corporation, Arthrex, Inc., Breg, Inc., Zimmer Biomet Holdings, Inc., DJO Global

Rise in incidence of sports-related injuries, supportive government initiatives, and increase in awareness about physical fitness areanticipated toboost thegrowthoftheglobal sports medicine devicesmarket. The report offers an extensive analysis of the changing trends, key market segments, drivers and opportunities, competitive landscape, top investment pockets among others. According to the report, the global sports medicine devices market accrued$7.17 billionin 2017 and is expected to reach$12.73 billionby 2025, growing at a CAGR of 7.3% from 2018 to 2025.

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Sports medicine is a branch of healthcare industry, which deals with the physical fitness of athletes. Moreover, it involves prevention and treatment of injuries related to sports and exercise. Common sport injuries include anterior cruciate ligament (ACL) tears, ankle sprains, muscle cramps, and shin splints. Demand for sports medicine devices has increased considerably, owing to active participation of athletes in various sports across different countries. Various aspects of sports medicine such as indulging in sports activities for fitness, recommendations for physical training, and sports injury prevention treatment further contribute toward the market growth.

Knee injurysegmenttoremainlucrativethrough 2025

The knee injury segment accounted for about one-fourth of the total market share in 2017 and will maintain its lions share throughout the forecast period. This segment would register the fastest CAGR of 8.6% from 2018 to 2025. As knee injury is one of the most common injuries a sportsperson is prone to, this segment offers lucrative prospects for the market during the forecast period. The other applications analyzed in the study include hand wrist injury, shoulder injury, ankle foot injury, arm elbow injury, back spine injury, and hip groin injury.

Covid-19 Impact on the Sports Medicine Devices Market:

Sports Medicine Devices Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.

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North Americatodominatein terms of revenue by 2025

North Americacontributed nearly half of the total market share in 2017, owing to early adoption of advanced sports medicine devices in the region. This segment will remain dominant throughout the forecast period. However,Asia-Pacificwould grow at the fastest CAGR of 12.2% from 2018 to 2025, owing to the rapidly changing healthcare infrastructure in developing nations includingIndiaandChina, rise in awareness among people regarding fitness, and significant increase in the number of athletes.

Sports Medicine Devices Market Regional Analysis:

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

Torchbearers of the market

The report analyzes key market players namely, Smith Nephew Plc, Johnson Johnson (Depuy Mitek), Stryker Corporation, Conmed Corporation, Arthrex, Inc., Breg, Inc., Zimmer Biomet Holdings, Inc., DJO Global, Inc.,Mueller Sports Medicine, Inc., and Wright Medical Group N.V. These players have adopted various strategies such as mergers acquisitions, partnerships, expansions, collaborations, joint ventures, and others to attain a strong foothold in the industry.

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