Press release
North America Sports Medicine Market Share, Size, Forecast Analysis 2024-2031 - Arthrex Inc, Stryker Corporation, OttoBock Healthcare
North America Sports Medicine Market - DataM Intelligence
The North America Sports Medicine Market's size is expected to grow at a CAGR of 7.6% during the forecast period 2024-2031.
Sports medicine is largely concerned with the prevention and treatment of athletic and physical activity-related injuries and illnesses. It seeks to improve an athlete's performance while also providing injury care and prevention options such as rehabilitation and osteopathy. Implants, fracture and ligament repair devices, prostheses, body support and recovery gear, compression garments, braces, physiotherapy equipment, thermal therapy tools, electrostimulation devices, and related accessories are some of the goods in this sector.
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Market Growth Trends
The sports medicine market is predicted to rise rapidly during the forecast period, owing to an increase in the number of sports injuries, ongoing innovation in treatment methods and products, and rising demand for minimally invasive operations.
Government-backed sports medicine initiatives are also increasing athlete participation throughout the region. In North America, the use of wearable technology such as fitness bands and sensors to monitor stress levels and avoid fatigue-related injuries has accelerated market growth. Ligament injuries and fractures are still common among sports, with lower extremity injuries accounting for a large proportion of all cases.
As a result, the need for injury management and rehabilitation solutions is expected to rise, favorably impacting the North American sports medicine business.
Growth Opportunities
Emerging economies, such as India and China, provide significant growth potential for sports medicine companies because to their vast patient populations, rising disposable incomes (driven by rapid economic expansion), and increased engagement in sports and physical activity.
Furthermore, governments in these regions are actively attempting to modernize healthcare systems, providing unexplored markets and changing regulatory environments that are projected to open up new prospects for the sports medicine business in the future years.
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Key players of the market:
• Arthrex, Inc.
• Ossur hf
• Stryker Corporation
• Conmed Corporation
• Zimmer Biomet Holdings, Inc.
• Breg, Inc.
• Mueller Sports Medicine, Inc.
• Tornier, Inc.
• Skins International Trading AG
• Wright Medical Technology, Inc.
• DePuy Mitek, Inc.
• 3M Company Ace Brand
• OttoBock Healthcare GmbH
• DJO Global, Inc.
• Smith & Nephew PLC.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Market Segment Analysis
By Product
• Body Reconstruction and Repair
• Body Support and Recovery
• Body Monitoring and Evaluation Devices
• Accessories
By Application
• Ankle & Foot Injuries
• Back & Spine Injuries
• Elbow & Wrist Injuries
• Hip Injuries
• Others
By End User
• Hospitals
• Specialty Clinics
• Others
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the
market performance.
✔Development trends, competitive
landscape analysis, supply side analysis, demand side analysis, year-on-year
growth, competitive benchmarking, vendor identification, and other significant
analysis, as well as development status.
✔Customized regional/country
reports as per request and country level analysis.
✔ Potential & niche segments
and regions exhibiting promising growth covered.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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