Sports Medicine Market is forecast to grow with factor such as increasing incidence of sports injuries. Sports medicine market is growing with factors such as in rising demand for minimally invasive surgeries, increasing adoption of arthroscopic surgeries, growing influx of new products and treatment modalities, along with this high cost of sports medicine products, risk associated with implant devices may obstruct the growth of the market in the given forecast period.
According to Data Bridge Market Research, the market for sports medicine in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is Arthrex, Inc. which accounts an estimated market share of approximately 30% to 35% in the global. For instance, In February, Arthrex, Inc. announced that they have received the “Innovention Award” for the creation and development of the Surgical Outcome System (SOS). This is an Innovation Award that recognizes a Southwest Florida company that has invented, improved, or demonstrated an innovative and creative technology solution. This development helps the company to enhance its credibility in the market.
Now the question is which other regions that Arthrex, Inc., Smith & Nephew and Johnson & Johnson Services, Inc. are targeting? Data Bridge Market Research has estimated a large growth in North America sports medicine market and the market leaders targeting the U.S. to be their next revenue pockets for 2020.
The sports medicine market is becoming more competitive every year with companies such as Arthrex, Inc., Smith & Nephew and Johnson & Johnson Services, Inc. as they are the market leaders for sports medicine. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the sports medicine market.
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Sports medicine market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Turkey, Denmark, Portugal, Sweden, Austria, Czech Republic, Norway, Finland, and Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt, Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of sports medicine companies’, contact us: https://www.databridgemarketresearch.com/toc/?dbmr=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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