02-13-2018 03:56 PM CET - Health & Medicine
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Worldwide Insights on "Sports Medicine Market" Top Companies Arthrex, Inc., Smith & Nephew, DePuy Synthes, Stryker, CONMED Corporation, Johnson & Johnson, Bird & Cronin, Inc., Zimmer, Inc., Biomet Inc. by 2024

Press release from: Data Bridge Market Research
Global Sports Medicine Market is Growing at a Significant Rate in the Forecast Period 2017-2024
Global Sports Medicine Market is Growing at a Significant Rate in the Forecast Period 2017-2024
The published report titled "Global Sports Medicine Market" is expected to reach USD 32,199.3 million by 2024 from USD 16,520.0 million in 2016, at a CAGR of 8.7% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Surgical devices market has the largest market segment in sports medicine market.

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Key Topics Covered:

1. INTRODUCTION
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
12.3. MEDTRONIC
12.4. STRYKER
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.
12.15. ARTHROCARE
12.16. BIOMET
12.17. BIRD AND CRONIN, INC
12.18. CAYENNE MEDICAL, INC
12.19. DEPUY MITEK, INC
12.20. OSSUR

Global Sports Medicine Market – Segmentation:

By Product Type {Orthobiologics (Bone Graft Substitutes, Viscosupplementation, BMC, PRP), Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopaedic Braces and Supports}; Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand), End Users (Orthopaedic Clinics, Hospitals, Ambulatory Surgical Centers, Others), Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa)

Drivers: Global Sports Medicine Market

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, 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.

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.

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GROWING RESEARCH ACTIVITIES IN SPORTS MEDICINE

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.

Major Players: Global Sports Medicine Market

Some of the major players operating in this market are:

Arthrex, Inc.
Smith & Nephew
DePuy Synthes
Stryker
CONMED Corporation
Johnson & Johnson
Bird & Cronin, Inc.
Zimmer, Inc.
Biomet Inc.
Anika Therapeutics
Ossur
Breg Inc.
Mueller Sports Medicine, Inc.
DJO global
Medtronic.

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Related Report

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: databridgemarketresearch.com/reports/global-orthopedic-pr...

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