Sports Medicine Market Worth 8.3 Billion USD by 2020

According to a new market research report the Sports Medicine Market is expected to reach around 8.3 Billion USD by 2020, at a CAGR of 8.0% during the forecast period.

Sports Medicine Market by Product Type (Implants, Arthroscopy, Prosthetics, Orthobiologics, Braces, Topical Pain Relief, Thermal Therapy, Compression Clothing, Bandages & Tapes), by Application (Knee, Shoulder) - Analysis & Global Forecast to 2020

Browse 94 Tables and 33 Figures spread through 193 Pages and in-depth TOC on "Sports Medicine Market"
http://www.marketsandmarkets.com/Market-Reports/sports-medicine-devices-market-751.html
Early buyers will receive free 10% customization on this report.

Sports medicine involves the treatment and prevention of injuries related to sports and exercise. These products are used by both athletes and non-athletes. The products in this market include body reconstruction & repair products, body support & recovery products, and accessories.

Growth in the sports medicine market is likely to be centered on the Asia-Pacific region. The growth of this region is attributed to government initiatives to promote sports medicine, the influx of international players, expansions by key players, and increasing awareness through conferences & symposia.
This report studies the global sports medicine market for the forecast period of 2015 to 2020. This market is expected to reach USD 8.3 Billion by 2020 from USD 5.6 Billion in 2015, at a CAGR of 8.0% during the forecast period.
The global sports medicine market is segmented on the basis of product, application, and region.

Download Free PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=751

Based on product, the sports medicine market is categorized into body reconstruction & repair products, body support & recovery products, and accessories. In 2015, body reconstruction & repair products are estimated to account for the major share of the sports medicine market.
Based on application, the market is segmented into knee injuries, shoulder injuries, ankle & foot injuries, elbow & wrist injuries, hip & groin injuries, back & spine injuries, and other injuries. In 2015, the knee injuries segment is estimated to account for the major share of the sports medicine market.
On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2015, North America is expected to account for the largest share of the sports medicine market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering sports medicine equipment.

Get Report Free Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=751

The Sports Medicine Market has witnessed various improved treatment options in recent years. This can be attributed to constant focus of market player on the introduction of newer products and treatment options for sports injuries. A number of key players are competing to secure larger shares of the market by launching new products. Arthrex, Inc. (U.S.), Smith & Nephew PLC (U.K.), DePuy Synthes Companies (U.S.), Stryker Corporation (U.S.), and CONMED Corporation (U.S.) are the top five players of this market, jointly accounting for 70% to 75% of the total sports medicine market in 2014.

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

This release was published on openPR.