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Sports Medicine Devices Market Will Procure $8.63 Billion by 2020

Global Sports Medicine Devices Market to Record an Impressive Growth By 2020


Deerfield Beach, FL -- (SBWIRE) -- 10/06/2017 -- According to the report, global sports medicine devices market was valued at USD 6.61 billion in 2014 and is forecast to reach USD 8.63 billion in 2020, growing at a CAGR of 4.7% between 2015 and 2020. Zion Market Research has published a new report titled "Sports Medicine Devices Market (Reconstructive Devices, Support and Recovery Devices, Performance Monitoring Devices and Other Accessories for Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologics, Braces, Performance Monitoring Devices, Accessories, and Other Recovery Products) : Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020."

The report covers forecast and analysis for the sports medicine devices market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (USD million). The study includes drivers and restraints for the Sports Medicine Devices market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the sports medicine devices market on a global level.

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In order to give the users of this report a comprehensive view on the sports medicine devices market, we have included detailed buying criteria, product portfolio, competitive scenario, and analysis of key industry players. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the sports medicine devices market has also been included. The study encompasses a market attractiveness analysis, wherein treatment and geography segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view on the sports medicine devices market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2020. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, and Rest of the World.

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The sports devices market was dominated by Americas, which accounted for slightly above 43% share of the global market in 2014. Americas was followed by Europe, Asia Pacific and rest of the world respectively. Sports medicine market in America is also expected to witness rapid growth as compared to other regions. However, emerging economies are also expected to contribute towards the growth of this industry owing to rapid growth in countries like China, India, Brazil, Russia, etc. This market growth in the emerging economies can be attributed to rising per capita income, growing health awareness and advanced sports facilities.

Some of the key market participants in the global sports medicine devices market include Arthrex, Arthrocare, Biomet, Inc., Stryker Corporation, Wright Medical Technology, Inc., DJO Global, OttoBock Healthcare GmbH, Ossur hf and Zimmer Holdings, Inc.