Sports Medicine Market 2018 Global Research Report offered by databridgemarketresearch.com is an informative study covering the market with detailed analysis. The report will assist the reader with better understanding and decision making.
Pune, India -- (SBWIRE) -- 09/06/2018 -- Global Sports Medicine Market is expected to reach USD 32,199.3 million by 2024 from USD 16,520.0 million in 2016, at a CAGR of 8.7% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Surgical devices market has the largest market segment in sports medicine market.
The major factors driving the growth of this market are the increasing incidences of sports injuries, increasing adoption of arthroscopic surgeries, continuous influx of new products and treatment modalities, growing research activities in sports medicines, increased adoption and acceptance of arthroscopy and minimally invasive procedures. On the other hand, high cost of implants and other devices, lack of skilled labor as well as tax excision on medical devices in the U.S. may hinder the growth of the market.
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Some of the major players operating in this market are:
- Arthrex, Inc.,
- Smith & Nephew,
- DePuy Synthes,
- CONMED Corporation,
- Johnson & Johnson,
- Bird & Cronin, Inc.,
- Zimmer, Inc.,
- Biomet Inc.,
- Anika Therapeutics,
- Breg Inc.,
- Mueller Sports Medicine, Inc.,
- DJO global,
Market Segmentation: Global Sports Medicine Market
- The global sports medicine market is segmented on the basis of product type, body area, end user, and geography. The global sports medicine market is segmented into 4 types, such as orthobiologics, surgical devices, arthroscopy devices, orthopaedic braces and supports. In 2017, surgical devices market segment is expected to account for the largest share of 43.3% of the global sports medicine market.
- Global sports medicine market is segmented into knee, hip, shoulder & elbow, foot & ankle and wrist & hand on the basis of body area.
- On the basis of procedures, global sports medicine market is segmented into knee arthroscopic procedures, hip arthroscopic procedures, shoulder and elbow arthroscopic procedures, foot and ankle arthroscopic procedures, and hand and wrist arthroscopic procedures. Knee arthroscopic procedure market segment is expected to account for the largest share of 45% in global sports medicine market.
- On the basis of end users, the market is classified into orthopaedic clinics, hospitals, ambulatory surgical centers and others. In 2017, the hospitals segment is expected to dominate the global sports medicine market with 57.1% market share. This segment is expected to grow at the highest CAGR of 9.9% in the forecast period 2017 to 2024.
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Table of Contents Global Sports Medicine Market:
2. RESEARCH METHODOLOGY
3. MARKET OVERVIEW
4. PREMIUM INSIGHTS
5. EXECUTIVE SUMMARY
6. GLOBAL SPORTS MEDICINE MARKET, BY PRODUCT TYPE
7. GLOBAL SPORTS MEDICINE MARKET, BY BODY AREA
8. GLOBAL ARTHROSCOPY DEVICES MARKET, BY PROCEDURE
9. GLOBAL SPORTS MEDICINE MARKET, BY END USER
10. GLOBAL SPORTS MEDICINE MARKET, BY GEOGRAPHY
11. GLOBAL SPORTS MEDICINE MARKET, COMPANY LANDSCAPE
12. COMPANY PROFILES
13. RELATED REPORTS
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Sports Medicine Market?
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