(PharmaNewsWire.Com, April 21, 2017 ) Market Data Forecast recently published a report on the “North America Sports Medicine Market” which estimates the market to grow from USD 2154 million from 2016 to USD 3087 million with a CAGR of 7.6%.
Sports medicine market comprises of various products and procedures which are used by both professional and amateur sportspersons all around the Globe. Specifically, they help the sportspersons in preventing as well as curing major injuries, external or internal, occurred as a result of the nature of the game. In some cases, they may also help the sportspersons to enhance their performance.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are rising cases of injuries in sports team leading to not only player loss but monetary loss as well and the increasing number of sports franchise and development in technology fuelling the growth.
The products are segmented based on product, and application and studied for a deep-level understanding of the Sports Medicine market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
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 North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The study identifies USA as the predominant market in the North American region and it holds well in the Global Market too.
As per the report, companies like Smith & Nephew PLC, Arthrex Inc., össur 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 are contributing a fair share to the North American Sports Medicine Market. According to recent reports, Stryker Corporation has been looking forward to expansion in North America and Europe region starting with the Flower Mound in Texas.
Scope of the North America Sports Medicine Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region • To detect major focus areas of industrial growth Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations are provided • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. • An extensive listing of major 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 • mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape • Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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About Market Data Forecast: The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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