Global Sports Medicine Market Expected to Worth USD 34.7 Billion by 2024
The Global Sports Medicine Market is expected to reach USD 34.7 billion by 2024 from USD 16.6 billion in 2016, at a CAGR of 8.9% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
Request for Sample Report Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-sports-medicine-market
Global Sports Medicine Market – Drivers:
The major factors driving the growth of this market are the increasing incidences of sports injuries, increasing adoption of arthroscopic surgeries, continuous influx of new products and treatment modalities, growing research activities in sports medicines, increased adoption and acceptance of arthroscopy and minimally invasive procedures. These factors increase the demand for devices such as bone graft substitutes, surgical devices, and arthroscopy devices.
Increasing Incidences of Sports Injuries
Increasing obesity worldwide has fuelled the need to adapt active lifestyles. The need to adapt active lifestyle has triggered the popularity of sports among the masses. A few most common sports related injuries are knee injuries (anterior cruciate ligament (ACL) tear, quadriceps tendonitis, and meniscal injuries), ankle & foot injuries (Plantar fasciitis, metatarsal fracture), shoulder injuries (rotator cuff injury, dislocations, inflammation of biceps).
Increasing Adoption of Arthroscopic Surgeries
An arthroscopic procedure is a minimally invasive procedure to treat, diagnose or rectify a bone joint or fracture. Since these procedures are less painful and tedious they are widely accepted by physicians and patients. In addition, minimally invasive surgeries are increasingly being covered by health insurance providers in a select few countries. These factors have led to increasing preference among patients and physicians for minimally invasive surgeries.
Inquiry before buying about the Global Sports Medicine Market Visit @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-sports-medicine-market
Continuous Influx of New Products and Treatment Modalities
Companies in the sports medicine market are increasingly focusing on new product launches and technological advancements. New product launches and innovations mainly deal with the development of more economical, technologically advanced, and easy-to-use sports medicine products. Technological advancements have led to the introduction of new treatment modalities such as percutaneous tenotomy, platelet rich plasma (PRP) therapy, stem cell therapy, and robotic technology, among others. This not only generates interest but promises a healthy future for the growth of the sports medicine market.
Growing Research Activities in Sports Medicine Market Report
Growing research activities in the field of sports medicine is one of the major driving factors for the sports medicine market. Continuous research studies lead to advancements in the preventive and curative aspects of sports medicine. This, in turn, plays a significant role in supporting the rapid development of new treatment options.
Developments in the Field of Regenerative Medicine
Growing regenerative medicine plays a significant role in the management of sports injuries. This area of medicine includes the use of orthobiologics, which are substances used to improve the healing of broken bones and injured muscles, tendons, and ligaments. Orthobiologics are made from substances that are naturally found in the body and, when used in higher concentrations, they may help speed up the healing process. Orthobiologics products such as allograft, polymer-based bone substitutes, and viscosupplements are extensively used in the treatment of sports injuries or conditions resulting from trauma.
Increased Adoption and Acceptance Of Arthroscopy & Minimally Invasive Procedures
Arthroscopy is a minimally invasive procedure that is used for the diagnosis and treatment of joint injuries and diseases through small incisions in the skin. Being less painful and tedious, these procedures are widely accepted by physicians and patients alike.
Speak to Analyst Visit @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-sports-medicine-market
The global sports medicine market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Arthrex, Inc dominated the sports medicine market accounting for a highest market share in 2016, followed by Smith & Nephew, DePuy Synthes, Stryker Corporation, CONMED Corporation. Other players in this market include Johnson & Johnson, Bird & Cronin, Inc., Zimmer, Inc., Biomet Inc., Anika Therapeutics, Ossur, Breg Inc., Mueller Sports Medicine, Inc., DJO global, Medtronic among others holds 25% of the global sports medicine market in 2016.
Founded in 1981 as Arthrex, Inc and head quartered in Florida, U.S. is engaged in the development and marketing of orthopaedics products. The company operates through only one business segment namely orthopaedics.
Incorporated in June 1856 and headquartered in London, United Kingdom Pfizer Inc., is engaged in the development and marketing of medical products and services. The company operates through four business segments, such as sports medicine, advanced wound care management, orthopaedic reconstruction, and trauma and extremities. The sports medicine segment offers a wide range of technologies or implants for repair of soft tissue injuries, fluid management equipment for surgical access, digital cameras, digital image capture, scopes, light sources and monitors to assist with visualization, radiofrequency wands, electromechanical and mechanical blades and, hand instruments for resecting damaged tissue.
1. In January 2016, Smith & Nephew acquired first line cartilage repair product known as BST-CarGelused along with microfracture and other bone marrow stimulation techniques for the initial treatment of most sizes of focal cartilage tears.
2. In June 2015, Smith & Nephew acquired Zimmer’s Unicondylar Knee system (ZUK) in U.S. market. ZUK is a clinically proven uni knee replacement introduced globally in 2004. Smith & Nephew has purchased all existing inventory and certain intellectual property for the U.S. market.
Read more about the Global Sports Medicine Market visit @ http://databridgemarketresearch.com/reports/global-sports-medicine-market/
Founded in 1941 and headquartered in Michigan, U.S., Stryker Corporation specializes in reconstructive, medical and surgical, and neurotechnology and spine products. The company has three business segments—orthopedic implants, MedSurg, and neurotechnology and spine.
1. In November 2016, Stryker announced a multi-year collaboration with Indo UK Institute of Health’s (IUIH) Medicity Program to serve as a preferred partner in the orthopedic areas of hip, knee, and trauma products and services. Stryker and IUIH’s new relationship will provide greater access to affordable primary joint replacements and other healthcare services to patients in India.
2. In April 2016, Stryker Corporation acquired Physio-Control International, Inc. Physio-Control develops, manufactures and markets monitors/defibrillators, automated external defibrillators (AEDs) and CPR-assist devices along with data management and support services.
Table of Content:
2. RESEARCH METHODOLOGY
3. MARKET LANDSCAPE SUMMARY
4. PREMIUM INSIGHTS
5. EXECUTIVE SUMMARY
6. SPORTS MEDICINE MARKET, BY PRODUCT TYPE
7. SPORTS MEDICINE MARKET, BY BODY AREA
8. SPORTS MEDICINE MARKET, BY TYPE
9. SPORTS MEDICINE MARKET, BY END USERS
10. SPORTS MEDICINE MARKET, BY GEOGRAPHY
11. SPORTS MEDICINE MARKET: COMPETITIVE LANDSCAPE
12. SPORTS MEDICINE MARKET, COMPANY PROFILES
12.1. ARTHREX, INC
12.2. SMITH AND NEPHEW
12.5. CONMED CORPORATION
12.6. ZIMMER, INC
12.7. DJO GLOBAL
12.8. OSSUR CORPORATE
12.9. OTTOBOCK HEALTHCARE GMBH
12.10. BREG, INC
12.11. TORNIER, INC
12.12. MUELLER SPORTS MEDICINE INC
12.13. CRAMER PRODUCTS, INC
12.14. RTI SURGICAL.
12.17. BIRD AND CRONIN, INC
12.18. CAYENNE MEDICAL, INC
12.19. DEPUY MITEK, INC
Global Orthopedic Prosthetics Market – Industry Trends and Forecast to 2024
Global Orthopedic Prosthetics Market, By Product Type (Upper Extremity Prosthetics (Hand Prosthetics, Elbow Prosthetics, Shoulder Prosthetics), Lower Extremity Prosthetics (Foot & Ankle Prosthetics, Knee Prosthetics, Hip Prosthetics), Liners, Sockets, Modular Components), By Technology (Manual Prosthetics, Electric Powered Prosthetics, Hybrid Prosthetics), By End User (Hospitals, Clinics, Rehabilitation Centers, and Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Report Access: http://databridgemarketresearch.com/reports/global-orthopedic-prosthetics-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge Market Research
Visit Blog: http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Sports Medicine Market Expected to Worth USD 34.7 Billion by 2024 here
News-ID: 728183 • Views: 252
More Releases from Data Bridge Market Research
Tangerine Essential Oil Market Booming at a CAGR of 3.65% by 2026 with Top Key P …
The tangerine oil helps in supporting the metabolism and healthy digestion. Tangerine has a tangy and sweet aroma similar to the citrus oils. Tangerine oil is known for their cleansing properties and also for supporting the healthy respiratory and immune system. This essential oil can also be used for soothing anxious feelings and managing stress. It can also be used in any recipe specifically for citrus fruits. Global Tangerine Essential Oil
Blinds and Shades Market to Grow at a Healthy CAGR by 2026 with Top Company Anal …
Blinds and shades main function is to cover windows and is a part of the hard window coverings. They filter the light and provide privacy. Roller shades, panel blinds, roam shades/ blinds, honeycomb shades; pleated shades and other are some of the common types of the blinds and shades. They are either made of synthetic or natural fabrics and are used in residential and commercial purposes. These blinds and shades
Notoginseng Root Extract Market Analysis, Segments, Value Share, Top Company Ana …
Notoginseng is an herb mainly used for blood and circulation associated conditions. Notoginseng can be often used together with various other herbs for stopping both external and internal bleeding, It is also provided to support other effects including anti-inflammatory, immunostimulatory, anti-fibrotic, neuroprotective and others. There is increasing evidence that notoginseng has both anti-haemostatic and pro-haemostatic properties. Market Analysis: Global Notoginseng Root Extract Market Global Notoginseng Root Extract Market is expected to register
Global data center construction market Business Development Strategies 2019: Key …
This data center construction market report is the most suitable solution for your business requirements in many ways. The best tools have been adopted to generate this report which is SWOT analysis and Porter’s Five Forces analysis. Nowadays, businesses are highly relying on the different segments covered in the market research report which presents better insights to drive the business into right direction. The examination is planned for giving readers
More Releases for Prosthetics
Intelligent Prosthetics Market Key Players:OpenBionics, Ekso Bionics
This Intelligent Prosthetics Market report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for New Project Investments. The report on the Global Intelligent Prosthetics market provides a complete view of the market by assessing the impact of the technological advancements, changes in investment habits, and n-depth overview of Product Specification This report focuses on the Global Intelligent Prosthetics industry status, future forecast, growth
Orthopaedic Prosthetics Market Report 2018: Segmentation by Type (Upper extremit …
Global Orthopaedic Prosthetics market research report provides company profile for Hanger, Ohio Willow Wood, Otto Bock, Blatchford, Ossur, Touch Bionics and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed
Orthopaedic Prosthetics Market by Product - Upper Extremity Prosthetics: Hand Pr …
While the use of 3D printing technology in healthcare sector aims to make healthcare as affordable as possible for everyone, orthopedics and prosthetics have gained the spotlight among 3D printing device manufacturers. In addition to wide availability of technically advanced orthopedic prosthetics, escalating demand for custom-made orthopedic prosthetics is likely to push the growth of the global orthopedic prosthetics market in the next decade. Request to View a Sample Copy of
Orthopaedic Prosthetics Market - Global Forecast to 2025
IndexBox has just published a new report "World: Artificial Joints For Orthopedic Purposes - Market Report. Analysis and Forecast to 2025" ( no link?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market
Orthopedic Prosthetics-Medical Devices Pipeline Assessment 2017
Publisher's Medical Devices sector report, "Orthopedic Prosthetics-Medical Devices Pipeline Assessment, 2017" provides an overview of Orthopedic Prosthetics currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of the products at various stages of development. The report reviews major players involved in the pipeline product development. It also provides information about clinical trials in progress, which includes trial phase, trial status, trial start and end
Dental Prosthetics Industry Key Growth Factors
Global Dental Prosthetics Market: Snapshot The geriatric population exhibits potentially the highest demand for dental prosthetics. It is therefore much likely for the global dental prosthetics market to gain increased traction as the geriatric population grows worldwide. Additionally, the rising number of dental procedures conducted around the world has tipped scales in favor of the global dental prosthetics market. This however, is triggered by the rising incidence of dental disorders. Besides