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The global sports medicine devices market is expected to reach US$ 10,662.5 Mn in 2025 from US$ 5,822.6 Mn in 2017

ReportBuyer
Posted on: 18 Dec 18
The global sports medicine devices market is expected to reach US$ 10,662.5 Mn in 2025 from US$ 5,822.6 Mn in 2017

PR Newswire

LONDON, Dec. 18, 2018

LONDON, Dec. 18, 2018 /PRNewswire/ -- The global sports medicine devices market is expected to reach US$ 10,662.5 Mn in 2025 from US$ 5,822.6 Mn in 2017. The market is estimated to grow with a CAGR of 7.9% from 2018-2025.

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The growth of the sports medicine devices market is primarily attributed to increasing incidence of sports injuries.Moreover, the presence of large number of sports medicine associations is expected to fuel the market growth.

The introduction of advanced technology in the sports medicine market is expected to offer significant growth opportunity in the sports medicine devices market during the forecast period.The innovations of the new technologies are expected to introduce new therapies and procedures that will help to reduce time and costs and provide optimized and personalized results to continue to shape the medical device industry.

Also the intelligent orthopedics in combination with traditional techniques and high-end technology will enable to change the future of industry.
The associations for the sports medicine are increasing across the countries in the world.The associations are involved in spreading the awareness about the sport medicine which is helping sports players and athletes to recover from their injuries.

Some of the global groups and associations for the sports medicine are International Council of Sports Science and Physical Education (ICSSPE), International Federation of Sports Medicine (FIMS) and World Federation of Athletic Training & Therapy (WFATT).
Global sports medicine devices market, based on product was segmented as, body reconstruction and repair, body support and accessories.In 2017, body reconstruction and repair segment held the largest share by the market, by product.

This is mainly attributed to the benefits offered such as, reduction in pain and improved functioning. In addition, it also amplify the body's natural healing abilities and enhances the growth of new cartilage, ligaments and tendons.
Global sports medicine devices market, based on application was segmented knee, shoulder, ankle/foot, elbow & wrist, and others.In 2017, knee segment held the largest share of market, by application.

In addition, the segment is anticipated to witness a significant growth among other applications, during the forecast period.
Some of the major primary and secondary sources for sports medicine devices included in the report are World Health Organization (WHO), Organisation for Economic Co-operation (OECD), National Research Foundation (NRF), International Diabetes Federation (IDF), Canadian Institutes of Health Research (CIHR) and others.

Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the sports medicine devices market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global sports medicine devices market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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Last updated on: 18/12/2018

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