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Global Sports Medicine Devices Market Overview Covering Forecast Market Size And Growth Rate | Arthrex Inc., Conmed Corporation, DJO LLC, Johnson & Johnson Services Inc., Stryker, Smith+Nephew
Sports Medicine Devices Global Market Report
The Business Research Company's Sports Medicine Devices Global Market Report 2023 identifies the rise in sports injuries is expected to boost the growth of the sports medicine device market going forward. Sports injury refers to the various types of wounds that commonly occur during athletic activity. Sports medicine devices are utilized for more than just injury treatment; they can also be used for performance training, physical therapy, and injury prevention; hence, the rise in sports injuries is expected to boost the sports medicine devices market.
The global sports medicine device market size is expected to grow from $6.86 billion in 2022 to $7.44 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global sports medicine device market size is expected to reach $9.85 billion in 2027 at a CAGR of 7.2%.
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Major players in the sports medicine devices market are Arthrex Inc., Conmed Corporation, DJO LLC, Johnson & Johnson Services Inc., Stryker, Smith+Nephew, Mueller Sports Medicine Inc., Zimmer Biomet, Wright Medical Group NV, Orthofix US LLC., Karl Storz SE & Co. KG, RTI Surgical, Medtronic, Santen Pharmaceutical Co. Ltd., and Kubota Pharmaceutical Holdings Co. Ltd.
A key trend in the Sports Medicine Devices market includes the Technological advancement is the key trend gaining popularity in the sports medicine device market. Major companies operating in the sports medicine device market are focusing on developing new technologies.
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The Sports Medicine Devices market is segmented -
1) By Product: Orthopedic Devices, Body Reconstruction And Repair, Body Support And Recovery, Body Monitoring And Evaluation, Accessories
2) By Orthopedic Product: Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologic
3) By Recovery And Support Product: Braces, Performance Monitoring Devices, Accessories, Other Recovery Products
4) By Application: Knee Injury, Shoulder Injury, Ankle-Foot Injury, Back-Spine Injury, Hand-Wrist Injury, Hip-Groin Injury, Arm-Elbow Injury
5) By End Users: Ambulatory Surgical Centers, Hospitals, Orthopaedic Clinics, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Sports Medicine Devices market.
The Business Research Company's "Global Sports Medicine Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Sports Medicine Devices Market Include:
1. Executive Summary
2. Sports Medicine Devices Market Characteristics
3. Sports Medicine Devices Market Trends And Strategies
4. Sports Medicine Devices Market - Macro Economic Scenario
5. Sports Medicine Devices Market Size And Growth
……
27. Sports Medicine Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Medicine Devices Market
29. Sports Medicine Devices Market Future Outlook and Potential Analysis
30. Appendix
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