Global Sports Medicine Devices Market to 2025: Analysis & Outlook by Product, Application and Region - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 16, 2019--The “Sports Medicine Devices Market by Product and Application: Global Opportunity Analysis and Industry Forecast,2017 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global sports medicine devices market was valued at $7,175 million in 2017, and is expected to reach $12,730 million by 2025, registering a CAGR of 7.3% from 2018 to 2025. The body reconstruction & repair segment accounted for about three-eighths of the global market in 2017.
Demand for sports medicine devices has increased considerably, owing to active participation of athletes in various sports across different countries. Various aspects of sports medicine such as indulging in sports activities for fitness, recommendations for physical training, and sports injury prevention & treatment further contribute toward the market growth.
Rise in incidence of sports-related injuries in the young population majorly drives the growth of the sports medicine devices market. Moreover, sports injuries have become highly prevalent among the young population, owing to increase in participation in sports.
In addition, increase in initiatives by governments of various countries to promote sports activities and rise in demand for minimally invasive surgeries boost the market growth. Furthermore, easily accessible and advanced treatment products related to sports medicine for quick & easy recovery fuel the demand for sports medicine.
However, lack of skilled professionals as well as inappropriate administration and guidelines in the field of sports medicine hamper the growth of the market. On the contrary, rise in adoption of regenerative sports medicine is anticipated to offer profitable opportunities for the expansion of this market.
Select FindingsThe body support & recovery segment is anticipated to generate the second highest revenue during the forecast period. The cardiac segment dominated the body monitoring & evaluation market, accounting for one-third of the total share in 2017. Artificial joint implants serve to be the highest contributor to the orthopedic sports medicine devices market in 2017 and is expected to maintain this dominance throughout the forecast period. Shoulder injury segment accounted for one-sixth of the total share in 2017, registering a CAGR of 5.4%.
Key PlayersSmith & Nephew Stryker Corporation Johnson & Johnson (Depuy Synthes) Arthrex Conmed Corporation Zimmer Biomet Holdings Breg (Orthofix International) Mueller Sports Medicine DJO Global Wright Medical Group
Other PlayersRichard Wolf Ceterix Orthopaedics General Electric Company KFx Medical Medtronic MedShape Osiris Therapeutics NuVasive
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Sports Medicine Devices Market, by Product
Chapter 5: Sports Medicine Devices Market, by Application
Chapter 6: Sports Medicine Devices Market, by Region
Chapter 7: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/t3944h/global_sports?w=4
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Related Topics:Sports Medicine and Physiotherapy
INDUSTRY KEYWORD: OTHER SPORTS HEALTH MEDICAL DEVICES PHARMACEUTICAL SPORTS
SOURCE: Research and Markets
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PUB: 01/16/2019 06:59 AM/DISC: 01/16/2019 06:59 AM