Make Money Online with Honeygain! - Download this free software for your Windows computer, Android or iOS phone and get paid to share your internet connection! Download, turn it on and earn!

Sports Medicine and Physiotherapy Driving Growth in Global Sports Medicine Marke

Posted by Ritika97 on March 26th, 2020

Growth in the sports medicine analysis market can be attributed to factors such as the increasing incidence of sports injuries, continuous influx of new products & treatment modalities, and developments in the field of regenerative medicine. On the other hand, the high cost of implants and other devices and the dearth of skilled professionals are expected to limit market growth to a certain extent during the forecast period.

What the Market Looks Like?

Predicted to grow at a CAGR of 6.5% during the forecast period, the global sports medicine market is estimated to reach USD 9.1 Billion by the end of 2024. Factors such as the rising popularity of sports and physical activity, increasing awareness regarding the prevention & treatment of sports injuries, and growing investments in sports medicine are driving the North American market.

On the basis of products, the sports medicine market is segmented into body reconstruction products (fracture & ligament repair products, arthroscopy devices, implants, prosthetics, orthobiologics), body support & recovery products (braces & support, physiotherapy equipment, and compression clothing), and accessories. The body support & recovery products segment is expected to witness the fastest growth during the forecast period. Products such as braces, supports, and physiotherapy equipment are required before and after procedures involving reconstruction. Thus, the demand for these devices is growing due to the increasing number of sports injuries globally.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=751

Sports medicine is widely used for the prevention of sports injuries as well as for the cure, recovery, and rehabilitation of athletes. The sports medicine applications market is segmented into knee injuries, shoulder injuries, foot & ankle, elbow & wrist, back & spine, hip & groin, and other injuries. The knee injuries segment held the largest share of the market in 2018, a trend that is expected to continue during the forecast period. The large share of this segment can be attributed to the fact that a large number of knee injuries are recorded across major sports, globally, accounting for approximately 40% of all injuries due to sports.

What Drives the Market?

The growth of the global market for sports medicine is primarily influenced by the following factors:

  • Increasing Incidence of Sports Injuries
  • Continuous Influx of New Products and Treatment Modalities
  • Developments in the Field of Regenerative Medicine

Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=751

Geographical growth scenario of Sports Medicine Market:

Geographically, North America is expected to dominate the global sports medicine market in 2018, while the Asia Pacific region is expected to register the highest CAGR during the forecast period.

The high growth in this region can be attributed to the growth of the sports industry and overall participation in sports. Sporting events such as the 2008 Beijing Olympics, 2018 Winter Olympics in Korea, and the upcoming 2020 Summer Olympics in Japan have increased the level of interest in sports in Asia.

Leading market players and strategies adopted:

The major players operating in the sports medicine market include Arthrex, Inc (US), Smith & Nephew plc (UK), and Stryker Corporation (US). Other players involved in this market include Breg Inc. (US), DJO Global, Inc. (US), Mueller Sports, Inc. (US), Wright Medical Group N.V. (US), Medtronic (Ireland), RTI Surgical (US), Performance Health International Limited (US), KARL STORZ (Germany), and Bauerfeind AG (US).

Also See: Sports Medicine, Sports Injuries, Medicine Market, Forecast Period, Us, Sports, Medicine

How To Draw A Car Fast & Easy
Learn how to draw a car using our step by step tutorials. Sports cars, classic cars, imaginary cars - we will show you how to draw them like the pros.
Tattoo Design Gallery | Miami Ink Tattoo Designs
Search over 30,000+ beautiful tattoo designs in over 60 categories on any device! A tattoo lasts forever. Find your next tattoo design here!

Learn to Play the Violin or Fiddle
Music is too precious and too important to limit access to it! Our mission is to bring the joy of music to as many people as possible, regardless of location, vocation, background, culture, or ability.

Audio Video Wholesaler
Your Direct Source For Multimedia Products, Audio, Music, Video Courses Products at Wholesale Prices

Advertise Here