The global sports medicine market is projected to reach USD 8.24 Billion by 2022 from USD 5.41 Billion in 2016, at a CAGR of 7.4% during the forecast period. Base year considered for the report is 2016. Forecast period considered for the report is 2017–2022.
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Key factors driving growth of sports medicine market are increasing incidences of sports injuries, continuous influx of new products and treatment modalities, and development in the field of regenerative medicine. However, the high costs of orthopedic implants and other devices are restraining the growth of the market.
Key Target Audience:
- Sports Medicine Device Manufacturers and Distributors
- Healthcare Institutions (Hospitals, Medical Schools, Group Practices, Individual Surgeons, and Governing Bodies)
- Physiotherapy Centers
- Vendors/Service Providers
- Venture Capitalists
- Health Insurance Players
- Research Institutes
- Research and Consulting Firms
Sports medicine pertains to the treatment and prevention of injuries resulting from sports and athletic activities.
Sports injuries involve both bone and soft tissue injuries. The sports medicine market includes devices that are used for the prevention of sports injuries as well as for the cure, recovery, and rehabilitation of such injuries.
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The sports medicine market is segmented on the basis of product, application, and region. On the basis of product, the global market is segmented into body reconstruction products, body support & recovery products, and accessories.
The body reconstruction products segment is further categorized into implants, fracture & ligament repair devices, arthroscopy devices, prosthetics, and orthobiologics.
1 Sports Medicine: Market Overview (2017-2022)
2 European Sports Medicine Market, By Product
3 Sports Medicine Market Share, By Application, 2017 vs 2022
4 Geographic Snapshot of the Sports Medicine Market
The key players in the global sports medicine market are Arthrex, (US), Smith & Nephew (UK), DePuy Synthes (US), Stryker (US), CONMED (US), Zimmer Biomet (US), Breg (US), DJO Global (US), Mueller Sports (US), Wright Medical Group (US), Medtronic (Ireland), RTI Surgical (US), and Performance Health International (US).
Click now for more Details, Queries and Other Information on this study “Sports Medicine Market by Product (Implants, Arthroscopy, Prosthetic, Orthobiologics, Braces, Compression Clothing, Physiotherapy (Thermal, Ultrasound), Bandages & Tapes), Application (Knee, Shoulder, Elbow) - Global Forecast to 2022” research report can be requested at www.reportsnreports.com/contacts/d….aspx?name=187722 .
Key Benefits of Buying the Report:
The report analyzes the sports medicine market and aims at estimating market size and future growth potential of this market based on various segments such as product, application, and region. The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.
Asia Pacific is expected to witness the highest growth during 2017 to 2022. The influx of international players, government initiatives to promote sports medicine, and collaborations for sports medicine research are the key factors responsible for the growth of this market in the APAC region.