(PharmaNewsWire.Com, May 15, 2017 ) According to the report published by Market Data Forecast named “Asia-Pacific Sports Medicine Market”, the market is estimated at $1087 million in 2015 and poised to grow $1720 million by 2020 with a CAGR of 9.62% in the forecast period.
Sports Medicine Market consists of products and procedures that are used by both amateur and professional sportspersons to treat their problems. Sport medicines are also used by athletes to strengthen their bodies in order to enhance their performance. Sport medicine has picked up a pace in Asia-Pacific region owing to its awareness among athletes in developing nations.
Increasing health concerns and awareness among the people are the common denominators in the healthcare field but Asia-Pacific region offers huge potential in form of untapped markets. The report also presents detailed analysis of various drivers driving the Diagnostics Imaging market as well as constraints of the market that binds it. Some of those factors are • Increasing population. • Increasing interest of public in sports. • Increasing investments in healthcare.
For granular understanding Sports Medicine Market is segmented by product and application. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well. he Asia-Pacific market for Sports Medicine is categorized by Type into Reconstruction and Repair Products and Support and Recovery Products. Further Reconstruction and Repair Products are segmented into Implants, prosthetics, Arthroscopy, Fracture and Ligament repair and Orthobiologics while Support and Recovery Products are segmented as Braces, Compression clothing, Monitoring Devices, Topical Relief Pain and Thermal Therapy. Orthobiologics is the most promising segment of all. In addition, By Application the market is analysed as Head injuries, Shoulder injuries, Elbow and Wrist injuries, Back and Spine injuries, Hip and groin injuries, Knee injuries and Foot and Ankle injuries.
Geographically, Asia-Pacific Sports Medicine Market is segmented into various region like China, India, Australia, Japan and South Korea. Asia Pacific Market has a huge potential, considering the population figures and growing incidences of sports related injuries.
Some of the major players in this market are 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.
The Asia-Pacific Sports Medicine Market report offers wide-range of scope: • Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries • Know more about key areas of industry growth via detailed Segment-level analysis on basis of product and application along with market size forecasts and y-o-y estimations • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics • Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview • 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 • Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.
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