U.S. Sports Medicine Market, By Product Type (Orthobiologics, Surgical Devices, Arthroscopy Devices, Orthopedic Braces and Supports), Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand), Application (Knee Injuries, Shoulder Injuries, Foot and Ankle Injuries, Elbow and Wrist Injuries, Back and Spine Injuries, Hip and Groin Injuries), End User (Orthopedic Clinics, Hospitals, Ambulatory Surgical Centers and Others) Industry Trends and Forecast to 2027
Market Analysis and Insights : U.S. Sports Medicine Market
U.S. sports medicine market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account at a CAGR of 6.3% in the above-mentioned forecast period.
The increasing adoption of arthroscopic surgery, will serves as a driver for the market, a constant flow of new products and therapies, with increasing sports injuries are causing a variety of medicines to boost up the market growth. Technological advances in implants are different drivers that contribute to the market growth. Increasing awareness of physical fitness and sports activities is also a driving force for the market.
There is an important task in the form of negative reimbursement strategies, market constraints which will hinder the market. The cost of these implants which are used in orthopaedic surgeries caused by sport injuries is a major concern for the market growth in developing countries, where only a small section of the population is under insurance coverage.
The growing demand for minimal invasive surgery and the growing sports medicine centres are creating many opportunities for the market.
An implant is a medical device placed in the body to perform surgery, which creates many challenges to restore function by replacing or restoring a damaged structure.
This U.S. sports medicine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research U.S. sports medicine market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
U.S. Sports Medicine Market Market Scope and Market Size
U.S. sports medicine market is segmented on the basis of product type, body area, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the U.S. sports medicine market is segmented into orthobiologics, surgical devices, arthroscopy devices, orthopedic braces and supports. On the basis of orthobiologics, surgical devices it is sub segmented into bone graft substitutes, viscosupplementation, BMC and PRP.
- Based on body area, the U.S. sports medicine market is segmented into knee, hip, shoulder & elbow, foot & ankle, wrist & hand.
- Based on application, the U.S. sports medicine market is segmented into knee injuries, shoulder injuries, foot and ankle injuries, elbow and wrist injuries, back and spine injuries, hip and groin injuries.
- Based on end user, the U.S. sports medicine market is segmented into orthopedic clinics, hospitals, ambulatory surgical centres and others.
US in North America dominate the U.S. sports medicine market, as sports are responsible for a significant share of the U.S. sports medicine market due to the growing popularity of sports in the sports sector and increased awareness of physical activity among young people, prevention and treatment of sports injuries, and increased investment in sports medicine. In addition, continuous government support and the entry into the market of advanced treatment options have the potential to expand the sports medicine market.
The country section of the U.S. sports medicine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
U.S. sports medicine market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for U.S. sports medicine market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the U.S. sports medicine market. The data is available for historic period 2010 to 2018.
U.S. Sports Medicine Market Share Analysis
U.S. sports medicine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to U.S. sports medicine market.
The major players covered in the U.S. sports medicine market report are Arthrex, Inc., Breg, Inc., DJO Global, Inc., Medtronic, CONMED Corporation, GE Healthcare, Nephew plc, Smith & Nephew, DePuy Synthes, Stryker and Zimmer Biomet Holdings Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.