The global Sports Medicine Market was valued at USD 5.23 billion in 2016 and is projected to reach USD 9.48 billion by 2025, growing at a CAGR of 6.9% from 2017 to 2025.
With increasing demands of sports players and athletes regarding better and quick recovery injury treatment solutions, the market of sports medicine is growing with respect to its market value. Also, the easy availability of the treatment solutions is one of the major reasons to accelerate the market of this particular product type.
Sample Infographics:
Market Dynamics: 1. Market Drivers 1.1 Increasing Sports injuries 1.2 Growingadvancements in treatment modalities 1.3 Awareness regarding regenerative medicine
2. Market Restraints 2.1 High cost of implants
Market Segmentation: Global Sports Medicine Market, by Application: 1.1 Knee Injuries 1.2 Shoulder Injuries 1.3 Foot and Ankle Injuries 1.4 Elbow and Wrist Injuries 1.5 Back and Spine Injuries 1.6 Hip and Groin Injuries 1.7 Other Injuries
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Global Sports Medicine Market, by Product: 2.1 Body Reconstruction Products 2.2 Implants 2.3 Fracture and Ligament Repair Products 2.4 Arthroscopy Devices 2.5 Prosthetics 2.6 Orthobiologics 2.7 Body Support and Recovery Products 2.8 Braces and Supports 2.9 Compression Clothing 2.9.1 Physiotherapy Equipment 2.9.2 Thermal Therapy 2.9.3 Electrostimulation 2.9.4 Other Therapies 2.9.5 Ultrasound Therapy 2.9.6 Laser Therapy 2.9.7 Accessories
Global Sports Medicine Market, by Region: 3.1 North America (U.S., Canada, Mexico) 3.2 Europe (Germany, UK, France, Rest of Europe) 3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific) 3.4 Latin America (Brazil, Argentina, Rest of Latin America) 3.5 the Middle East & Africa
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Competitive Landscape: The major players in the market are as follows: 1. Arthrex 2. Smith & Nephew 3. Depuy Synthes Companies 4. Stryker 5. Conmed 6. Zimmer Biomet 7. Breg 8. DJO Global 9. Mueller Sports Medicine 10. Wright Medical Group 11. Medtronic 12. RTI Surgical 13. Performance Health International Limited
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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