Sports Medicine Market to Grow at a Growth Rate of 8.5% in the Forecast Period of 2019 to 2026

Sports Medicine Market is forecasted to grow at 8.5% for 2019 to 2026 to an estimated value of USD 37.35 billion by 2026 with factors such as high price of orthopedic implants and dearth of proper sports ecosystem hampering the market growth.

Sports medicine market has shown a significant adoption rate and preferences from the North American region with countries such as U.S. and Canada. Rising awareness about the prevention of sports injuries and increasing investment in sports medicines are the factors for the market demand in the region.

Sports Medicine Market Scenario

According to Data Bridge Market Research the sports medicine market in developing regions is witnessing growth in terms of its adoption rate, due to rising sports injuries, advancement in regenerative medicine and growing demand for minimally invasive surgeries.

Now the question is which are the regions that sports medicine market players should target? Data Bridge Market Research has forecasted market leaders to target North American developing regions to help them in attaining better volume of revenue generation.

Sports medicine market is becoming more competitive every year with knee injuries currently being the largest market application for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the sports medicine market.

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Sports Medicine Market Development

Stryker announced the acquisition of OrthoSpace in March 2019. This acquisition will help the company to enhance their orthopedic products and aligns. With this, the company will be strengthening their market position and enhance their global reach worldwide.

Scope of the Sports Medicine Market

Sports medicine market on the basis of countries is segmented into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East & Africa

  • All country based analysis of the sports medicine market is further analyzed based on maximum granularity into further segmentation. On the basis of product type, the market is segmented into bone graft substitutes, surgical devices, and arthroscopy devices. The body area segment is divided into knee, hip, shoulder & elbow, foot & ankle, and wrist & hand. Application segment of the market is divided into knee injuries, shoulder injuries, foot and ankle injuries, elbow and wrist injuries, back and spine injuries, and hip and groin injuries. The end- users segment is divided into orthopedic clinics, hospitals, ambulatory surgical centers, and others.
  • Sports medicines are those medicines which are specially designed so they can deal with the injuries and disorders associated with the sports and athletic. It usually includes preventive measures such as avoidance of stress and injury, as well as therapies such as use of osteopathy, recovery, or injections. Orthopedic braces and supports, surgical devices, orthobiologics and surgical devices are some of the common types of the sports medicines. They are widely used in applications such as knee injuries, foot & ankle injuries, hip & groin injuries, shoulder injuries, and other.

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Key Pointers Covered in Sports Medicine Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Arthrex, Inc.
  • Smith & Nephew
  • DePuy Synthes
  • Stryker
  • CONMED Corporation
  • Johnson & Johnson Services
  • Bird & Cronin
  • Zimmer Biomet
  • Anika Therapeutics, Inc.
  • Ossur
  • Breg, Inc.
  • Mueller Sports Medicine, Inc.
  • DJO Global, Inc.
  • Medtronic
  • Ceterix Orthopaedics
  • KFx Medical LLC.
  • MedShape, Inc.
  •  NuVasive, Inc.
  • Flexion Therapeutics Inc.

Above are the key players covered in the report, to know about more and exhaustive list of sports medicine companies, contact us

Research Methodology: Global Sports Medicine Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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