"APAC Sports Medicine Market, By Product Type (Orthobiologics (Bone Graft Substitutes,(Bone Allografts, Synthetic Bone Materials, Demineralized Bone Matrix (DBM), Bone Morphogenetic Proteins) (BMP)) Viscosupplementation, BMC, PRP), Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopedic Braces and Supports), By Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand), By End Users (Orthopedic Clinics, Hospitals, Ambulatory Surgical Centers, Others), By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Industry Trends and Forecast to 2024" is projected to reach USD 9.3 billion by 2024 from USD 3.7 billion in 2016, at a CAGR of 12.2% in the forecast period 2017 to 2024.
Report Access: https://databridgemarketresearch.com/reports/asia-pacific-sports-medicine-market-trends-forecast-2024/
The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Presently arthroscopy procedures are the best solution in sports medicine but due to change in coming years with more emphasis being laid in regenerative and biologics technologies to treat broken cartilages and bones. Technologies such as platelet rich plasma, bone marrow concentrate, and other upcoming technologies are expected to drive the sports medicine market in the future. Due to very low clinical evidences and high regulations on research of biologics the arthroscopy procedures will still dominate the market in the forecast period to 2024
Based on geography the market is segmented into 8 regions, Japan, Australia, China, India, Singapore, Malaysia, Thailand and Others.. Japan being the one of the forerunner in advanced cellular therapies used in sports medicine is expected to fuel the growth of the Asia-Pacific Sports medicine market.
The APAC sports medicine market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the examples for these strategies are In June 2016, DJO Global, a leading global provider of medical technologies designed to get and keep people moving, launched the Clima-Flex™ OA Knee Brace offering a new level of comfortable cooling relief through compression and offloading for patients with mild to moderate osteoarthritis knee pain.
The APAC sports medicine market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are Arthrex, Inc., Smith and Nephew, Medtronic, Stryker, Conmed Corporation, Zimmer, Inc., DJO Global, Ossur Corporate, Ottobock Healthcare GmbH, Breg, Inc., Tornier, Inc., Mueller Sports Medicine, Inc., Cramer Products, Inc., RTI Surgical among others.
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Global Sports Medicine Market – Industry Trends and Forecast to 2029
North America Sports Medicine Market – Industry Trends and Forecast to 2027
Europe Sports Medicine Market – Industry Trends and Forecast to 2029
Asia-Pacific Sports Medicine Market – Industry Trends and Forecast to 2027
India Sports Medicine Market - Industry Trends and Forecast to 2029
U.S. Sports Medicine Market – Industry Trends and Forecast to 2029
Middle East and Africa Sports Medicine Market – Industry Trends and Forecast to 2027
Asia-Pacific Sports Medicine Market is Rising at 12.3% CAGR
Europe Sports Medicine Market expected to reach USD 8.7 billion by 2022
Sports Medicine Market to Grow at a Growth Rate of 8.5% in the Forecast Period of 2019 to 2026
North America Sports Medicine Market expected to reach USD 12.3 billion by 2022
India Sports Medicine Market is poised to grow at 15.5% till 2022
Sports Medicine Market is Expected to Reach USD 35.8 Billion till 2024
APAC Sports Medicine Market is Expected to Grow At CAGR 12.2% From 2017 To 2024.
Global Sports Medicine Market is Expected to Grow at 5.9% in the Forecast Period of 2020 to 2027
Sports Medicine Market to Grow at a Growth Rate of 8.5% in the Forecast Period of 2019 to 2026
APAC Sports Medicine Market is Expected to Grow at a CAGR of 12.3% in the Forecast Period 2017-2024