A research study
titled, “Sports
Medicine Market
by Product and Application - Global Industry Analysis and Forecast to 2025”
published by Crystal Market Research, states that the sports medicine market is
projected to be around $13 billion by 2025.
Sports injury is one of the most common types of injuries
affecting children and teenagers. Sports injuries amount to almost one-third of
all the injuries reported in children. Such injuries are majorly associated
with spine, knees, back, ankle, shoulder, foot, and other body parts. Sports and related activities in developing countries are
witnessing more growth and acceptance on a professional level contributing to
the number of sports related injuries. Sports and physical activities are
associated with around one-fifth of the brain related traumatic injuries. As
the awareness about the health benefits of involvement in sports and other
physical activities is rising, instances of sports injuries are also on a rise
worldwide.
Body reconstruction and repair devices segment held a
major share of the overall sports medicine market in 2016. These devices have
wide applications in procedures such as ligament reconstruction, soft tissue
repair, and bone reconstruction procedures along with injuries related to neck,
knee and shoulders.
Browse full research report with TOC on “Sports Medicine
Market by Product and Application - Global Industry Analysis and Forecast to
2025” at: http://www.crystalmarketresearch.com/report/sports-medicine-market
Recovery and support products segment held the second
largest share of the global market in 2016, owing to increased demand for
performance monitoring devices, braces and support devices. Such products are
largely used by professional athletes and fitness enthusiasts who wish to
monitor and improve their performance while taking adequate precautions to
avoid injuries.
Knee injuries segment dominated the global market in
2016. These are the most common type of injuries related to sports such as
basketball, soccer and running. Majority of injuries related to football are
associated with knees. Shoulder segment accounted for almost one fourth of the
total sports injuries market in 2016 and is poised to grow at a high CAGR
during the forecast period.
North America held the major share of the global sports
medicine market in 2016 and it is expected to witness substantial growth in
near future due to advanced healthcare infrastructure and high healthcare
expenditure. Asia-Pacific is projected to be the fastest-growing segment in the
global market during the forecast period, due to the rising awareness about
sports in developing nations. Moreover, the attitude of adopting sports on a
professional level is on the rise in these regions resulting in favorable market
growth for sports medicine.
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Report @ http://www.crystalmarketresearch.com/report-sample/HC056
Smith & Nephew plc, Zimmer Biomet, DePuy Mitek, and
Arthrex together accounted for major share of the overall market in 2016. Some
of the otherkey players are DJO Global, Mueller Sports Medicine Inc, Medstar
Sports Medicine, Tornier N.V., Acumed LLC, Wright Medical Technology, and Ossur
HF.
Key
Findings of the Research Study:
·
Body reconstruction and repair devices
segment was the largest segment in 2016, and will dominate the market over the
forecast period due to wide applications in most orthopedic sports injury
treatments such as hip replacement and knee replacement procedures.
·
Recovery and support devices segment will
exhibit a favorable growth over the forecast period owing to the rise in
professional competitive sports activities globally.
·
Knee injuries market held a major share of the
global sports medicine market in 2016 as these are the most common types of
sports injuries.
·
North America dominated the global market in
2016 and is projected to continue its leading position over the forecast
period, due to wide presence of dedicated healthcare facilities for sports
medicine coupled with high purchasing power of the American population.
·
The global sports medicine is consolidated in
nature with top four players accounting for more than two-third share in 2016.
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Sports Medicine Market Segmentation
By Product:
- Body support and Recovery Products
o Thermal Therapy Products
o Tropical Pain Relief Products
o Braces and Support
o Performance Monitoring Devices
- Reconstruction and Repair
o Bone Reconstruction Devices
o Surgical Equipment
o Soft Tissue Repair
- Accessories
o Wraps
o Tapes
o Bandages
o Others
By Application:
- Ankle and Foot Injuries
- Knee Injuries
- Elbow and Wrist Injuries
- Shoulder Injuries
- Back and Spine Injuries
- Other Injuries
By Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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Related Reports:
Orthopedic Soft
Tissue Repair Market by Type - Global Industry Analysis and Forecast to 2025: http://www.crystalmarketresearch.com/report/orthopedic-soft-tissue-repair-market
Arthroscopy Devices
Market by Type - Global Industry Analysis and Forecast to 2025: http://www.crystalmarketresearch.com/report/arthroscopy-devices-market
Orthopedic Braces
Market by Type - Global Industry Analysis and Forecast to 2025: http://www.crystalmarketresearch.com/report/orthopedic-braces-supports-market
About Crystal
Market Research
Crystal Market Research is a U.S. based market research
and business intelligence company. Crystal offers one stop solution for market
research, business intelligence, and consulting services to help clients make
more informed decisions. It provides both syndicated as well as customized
research studies for its customers spread across the globe. The company offers
market intelligence reports across a broad range of industries including
healthcare, chemicals & materials, technology, automotive, and energy.
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