Sports Medicine Market Scenario
Rise demand for minimally invasive surgeries, technological advancements in the field of Sports Medicine and rising incidence of sports injuries are some of the major factors propelling the Sports Medicine market globally. Furthermore, expansion and market penetration opportunities in emerging economies is also one of the factor propelling the growth of sports medicine market. However, expensive rates of orthopedic implants and other devices is one of the major factor expected to hamper the global growth of the market.
Sports Medicine Market Segmentation
The Sports Medicine market is segmented by Product, Application, End User and Geography. The products studied in the Sports Medicine market are Body Reconstruction Products (Fracture & Ligament Repair Products, Arthroscopy Devices, Implants, Orthobiologics and Prosthetics), Body Support & Recovery Products (Braces & Supports, Physiotherapy Equipment and Compression Clothing) and Accessories. Furthermore, various Applications of Sports Medicine are Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries, Hip & Groin Injuries, Elbow & Wrist Injuries, Back & Spine Injuries and Other Injuries. In addition, Sports Medicine are used in various end user such as hospitals & emergency care, trauma centers, ambulatory care and others. Based on Geography, the Sports Medicine Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Sports Medicine Market by Geography
Based on geography, the Sports Medicine market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. The North America dominated the global sports medicine market. Increasing number of sports medical centers, growing participation of people in sports and physical activity along with rising investment in development of sports medicines are some of the factors fuelling the growth of sports medicine market in North American region.
Sports Medicine Market Key Players
Some of the major players operating in the global Sports Medicine market includes Arthrex, INC., Smith & Nephew PLC, Depuy Synthes Companies (A Part of Johnson & Johnson), Stryker Corporation, Breg, INC., Conmed Corporation, Zimmer Biomet Holdings, INC., DJO Global, INC. (Subsidiary of Colfax Corporation), Mueller Sports Medicine, INC., Wright Medical Group, RTI Surgical Holdings, INC., Performance Health International Limited, Bauerfeind AG, Medtronic PLC and Karl Storz GMBH & CO.KG. Many companies in this market implement initiatives such as mergers and acquisitions, product developments, and geographic penetration to compete in the market.
Sports Medicine Market Report Key Benefits