Sports Medicine Markets report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of Sports Medicine Market by type (joint repair include (shoulder, hip, knee), and arthroscopic enabling technologies include (mechanical resection, video, access and others) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the Sports Medicine Market it includes the five years Industry analysis and the 6 years annual forecast from 2017 to 2023. Some of the prominent participants in the Global Sports Medicine Market are Stryker Corporation, Zimmer Biomet, Smith & Nephew, Acumed LLC, Conmed Corporation, DePuySynthes , Wright Medical Technology, Arthrex. The global market for sports medicine was valued at around USD 6.0 billion in 2017 and is expected to reach USD 10.4 billion by 2023, growing at a CAGR of around 8.3% during the forecast period of 2017 to 2023.
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Sports medicine, also known as sport and exercise medicine (SEM) deals with physical fitness and the treatment and prevention of injuries related to sports and exercise. Treatment of injuries and disorders that often result from physical activity to help patients maximize function and minimize disability and recovery time. Typically soft tissue (ligaments, tendons, cartilage) injuries or disorders treated by keyhole surgery. This market comprises products and devices used by professional or non-professional athletes or sportspersons to prevent and protect themselves from injuries and also to enhance performance. The sports medicine products play an important role in the rehabilitation, recovery, protection, endurance, and monitoring of athletes while playing sports.
Introduction of New Products and Treatments Options and Increasing Awareness Further Expected Drive the Market Growth in the Coming Years
Increasing research activities in sports medicine industry to introduce new treatment options into the market, rising incidence of fractures, developments in regenerative medicine, increasing demand for minimally invasive surgical procedures, technological advancements in implants, and innovations in prosthetic and implants along with increasing demand for performance monitoring devices is expected to fuel the market growth. In addition, introduction of new products and treatments options and increasing awareness further expected drive the market growth in the coming years. However, high cost associated with these devices and treatments likely to restrain the market growth
North America Is the Leading Contributor to the Market and is expected to Retain Its Position during the Forecast Period
Geographically, North America is the leading contributor to the market and is expected to retain its position during the forecast period due to high awareness, presence of large number of providers, rise in investments, rising incidence of trauma and related injuries, and various initiatives by government in the healthcare sector. However, Asia-Pacific market is expected to grow at a faster rate during the forecast period. This is predominantly due to increased healthcare awareness, technological advancements, significant investments and growing awareness among the population about the treatment options available in the market.
Companies profiled:
Stryker Corporation
Zimmer Biomet
Smith & Nephew
Acumed LLC
Conmed Corporation
DePuySynthes,
Wright Medical Technology
Arthrex, etc
Table of Contents:-
1. Scope of the Report
1.1 Report Description
1.2 Research Methodology
1.3 List of Abbreviations
1.4 Market Segmentation
2. Executive Summary
3. Qualitative Analysis
3.1 Market overview
3.1.1 Drivers
3.1.2 Restraints
3.2 Porters five forces analysis
3.3 Competitive matrix of the key companies
3.4 Market share analysis
4. Global Sports Medicine Market, by Type, 2017 - 2023
4.1 Joint repair
4.1.1 Shoulder
4.1.2 Hip
4.1.3 Knee
4.2 Arthroscopic Enabling Technologies
4.2.1 Mechanical resection
4.2.2 Radiofrequency assisted resection
4.2.3 Video
4.2.4 Access
4.2.5 Others (Handheld Instruments, Etc.)
5. Global Sports Medicine Market, by Geography, 2017 - 2023
5.1 North America
5.2 Europe
5.2.1 Germany
5.2.2 France
5.2.3 Italy
5.2.4 UK
5.2.5 Spain
5.2.6 Others
5.3 APAC
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 Others
5.4 Rest of the World
6. Company profiles
6.1 Stryker Corporation
6.2 Zimmer Biomet
6.3 Smith & Nephew
6.4 Acumed LLC
6.5 Conmed Corporation
6.6 DePuySynthes
6.7 Wright Medical Technology
6.8 Arthrex
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