(PharmaNewsWire.Com, April 13, 2017 ) According to the report Global Sports Medicine market, published by Market Data Forecast, the global market is projected to reach USD 8444 million by 2021, at a CAGR of 8.1% from 2016 to 2021.
Sports medicine market consists of products and procedures that are used by both amateur and professional sportspersons all over the world. Typically, they help them in preventing and curing major ailments occurred due to the nature of the games. In some cases, they might enhance their performance also.
Along with usual suspects like Rising Healthcare expenditure and general awareness among people, new factors like demand for minimally invasive surgeries and technological advancement in implants are acting as the driving forces of the market. But high cost of new procedures and sub-standard infrastructure in some developing countries are constraining the growth of the market.
For granular level understanding the Sports Medicine Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
Based on Product: Reconstruction and Repair Implants Prosthetics Arthroscopy Devices Fracture and Ligament Repair Products Orthobiologics Support and Recovery Braces and Support Thermal Therapy Products Topical Pain Relief Products Compression Clothing Monitoring Devices Other Body Support and Recovery Products Accessories Based on Application: Head Injuries Shoulder Injuries Elbow & Wrist Injuries Back & Spine Injuries Hip & Groin Injuries Knee Injuries Foot & Ankle Injuries Other Injuries
Based on geography, the report contains a wide array of countries covering all around the globe. Countries in the North American and European region are the top contributors to this market. China, Japan, India, Brazil and Argentina are identified as the predominant markets for Sports Medicine. For more of regional analysis check out the following reports.
North America Sports Medicine Market Europe Sports Medicine Market Asia-Pacific Sports Medicine Market Latin America Sports Medicine Market Middle East and Africa Sports Medicine Market
The major companies operating in the global Sports Medicine Market are Smith & Nephew PLC, Arthrex, Inc., φssur hf, Stryker Corporation, Conmed Corporation, Zimmer Biomet, Holdings, Inc., Breg, Inc., Mueller Sports Medicine, Inc., Tornier, Inc., Skins International Trading AG, Wright Medical Technology, Inc., DePuy Mitek, Inc., 3M Company Ace Brand, OttoBock Healthcare GmbH and DJO Global, Inc. Recently many mergers & acquisitions were seen in the market - Ivy Sports Medicine was acquired by Stryker in September 2016 while in January 2017 Interventional Spines assets were acquired by J&J DePuy Synthes. Buy now http://www.marketdataforecast.com/cart/buy-now/global-sports-medicine-market-467 The Sports Medicine Market study offers the following deliverables: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming Segment-level analysis on basis of product and application along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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