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Sports Medicine Market Is Projected to Jump 13 Billion US$ by 2026

Sports Medicine Market By Global Industry Analysis, Market Size, Product, Accessories, Application, Opportunities and Forecast, 2019 - 2026

 

Pune, India -- (SBWIRE) -- 05/28/2019 -- The Global Sports Medicine Market is estimated to grow at CAGR above 7 % over the forecast time frame 2019-2026 and reach the market value around USD 13 billion by 2026.

Lifestyles and changes to a healthier living are expected to continue to fuel growth, combined to increase the incidence of sports injuries and professional athletes worldwide.

Launching new games at Olympics and other international sporting events encourages people to pursue their careers in sport. In 2016, for example, Rio Olympics introduced kitesurfing. The International Olympic Committee also announced five new sports to be added at Tokyo 2020, covering skateboarding, surfing, softball, snowboarding, karate and sports climbing.

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In addition, the number of young people seeking professional sport is expected to increase in sports-related advantages. Some of these advantages include high pay, famous status and fame, the availability of other income sources, like backing and access to best health care. This factor is expected to drive sports as the main career that will lead the sports medicine market.

The presence of opportunities, such as business finance and bursaries, and the development of sport infrastructure is anticipated to boost the growth of the market in sports medicine. The number of people looking for a sport career is expected to increase. Athletes are vulnerable to injuries and accidents that are likely to drive the market. For example, Qatar's Sports Strategy (2011-2016) promotes an increase in their citizens ' physical activity and promotes professional sports participation. Therefore, market growth over the forecast period is expected.

People with Disabilities Participate In Sports Activities Swells Demand

Online marketing support is supposed to bode well for the world market in sports medicines. However, in the foreseeable future there are some more important factors which might significantly boost market growth. For example, it can not be turned blind eyes to encourage the specialist to take part in sports. In addition, an increasing awareness about the fitness and health of elderly people is expected to set the tone for valuable market growth and the count of sports medicine organizations is increasing.

In the world of sports medical device markets, some orthopedic products can showcase increasing demand, for example arthroscopy devices. The prothesis market, on the other hand, is anticipated to show a slow growth pace. Nevertheless, demand in the world market might rise as the star segment under support and restoration products grows impressively.

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Findings

The reconstruction and repair segment is projected to account for the biggest market share in the forecast period in terms of revenues.

The growth of this segment contributes to increasing cases of sport injury combined with healthy lifestyle.

The segment of knee equipment is expected to grow most rapidly during the forecast period.

The growth of this segment is expected to drive an increasing rate of sport-related operations and an increasing number of people who choose sports as a career.

Due to the increase in the number of sports related surgeries in the region, the sporting medicine market in Asia Pacific is expected to grow rapidly over the forecast period.

Key Players & Strategies

Stryker Corporation; Arthrex are prominent market players. Other includes Wright Medical Technology; DJO Global Inc.; and Tornier N.V.; are involved in the adoption and partnership adoption of strategies such as mergers and acquisitions.

For example, in July 2015, during the Annual Meeting of the American Orthopedic Society of Sports Medicine (AOSSM), Mitek Sports Medicine, a division of DePuy Orthopedics, Inc. launched a VAPR radio frequency device. In these instances, the global reach of the company is expected to increase.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Sports Medicine
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Sports Medicine Market By Product
1.2.2.1. Global Sports Medicine Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Sports Medicine Market Revenue Share By Product in 2017
1.2.2.3. Body Reconstruction & Repair
1.2.2.3.1. Soft Tissue Repair
1.2.2.3.2. Surgical Equipment
1.2.2.3.3. Bone Reconstruction Devices
1.2.2.4. Body Support & Recovery
1.2.2.4.1. Compression Clothing
1.2.2.4.2. Braces & Other Support Devices
1.2.2.4.3. Hot & Cold Therapy
1.2.2.5. Body Monitoring and Evaluation
1.2.2.5.1. Hemodynamic
1.2.2.5.2. Musculoskeletal
1.2.2.5.3. Cardiac
1.2.2.5.4. Respiratory
1.2.2.5.5. Others
1.2.2.6. Accessories
1.2.2.6.1. Bandages
1.2.2.6.2. Tapes
1.2.2.6.3. Disinfectants
1.2.2.6.4. Wraps
1.2.2.6.5. Others
1.2.3. Sports Medicine Market By Application
1.2.3.1. Global Sports Medicine Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Sports Medicine Market Revenue Share By Application in 2017
1.2.3.3. Shoulders
1.2.3.4. Knees
1.2.3.5. Hip
1.2.3.6. Ankle and Foot
1.2.3.7. Elbow and Wrist
1.2.3.8. Back and Spine
1.2.3.9. Others
1.2.4. Sports Medicine Market by Geography
1.2.4.1. Global Sports Medicine Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Sports Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Sports Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Sports Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Sports Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Sports Medicine Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Sports Medicine Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Sports Medicine Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Sports Medicine Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Sports Medicine Major Manufacturers in 2017

CHAPTER 4. SPORTS MEDICINE MARKET BY PRODUCT

4.1. Global Sports Medicine Revenue By Product
4.2. Body Reconstruction & Repair
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2.3. Soft Tissue Repair
4.2.4. Surgical Equipment
4.2.5. Bone Reconstruction Devices
4.3. Body Support & Recovery
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3.3. Compression Clothing
4.3.4. Braces & Other Support Devices
4.3.5. Hot & Cold Therapy
4.4. Body Monitoring and Evaluation
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4.3. Hemodynamic
4.4.4. Musculoskeletal
4.4.5. Cardiac
4.4.6. Respiratory
4.4.7. Others
4.5. Accessories
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5.3. Bandages
4.5.4. Tapes
4.5.5. Disinfectants
4.5.6. Wraps
4.5.7. Others

CHAPTER 5. SPORTS MEDICINE MARKET BY APPLICATION

5.1. Global Sports Medicine Revenue By Application
5.2. Shoulders
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Knees
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Hip
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Ankle and Foot
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Elbow and Wrist
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Back and Spine
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.8. Others
5.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA SPORTS MEDICINE MARKET BY COUNTRY

6.1. North America Sports Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Sports Medicine Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Sports Medicine Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE SPORTS MEDICINE MARKET BY COUNTRY

7.1. Europe Sports Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Sports Medicine Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC SPORTS MEDICINE MARKET BY COUNTRY

8.1. Asia-Pacific Sports Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Sports Medicine Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA SPORTS MEDICINE MARKET BY COUNTRY

9.1. Latin America Sports Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Sports Medicine Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST SPORTS MEDICINE MARKET BY COUNTRY

10.1. Middle East Sports Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Sports Medicine Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA SPORTS MEDICINE MARKET BY COUNTRY

11.1. Africa Sports Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Sports Medicine Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Stryker Corporation
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Arthrex
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Wright Medical Technology
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. DJO Global Inc.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Tornier N.V.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Others
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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