Sports Medicine Devices Market Share, Global Growth, Current Scenario Technology Trends, Comprehensive Analysis and Regional Forecast to 2027
Pune, Maharashtra, India, September 29 2020 (Wiredrelease) Allied Analytics –:The demand for sports medicines has witnessed an increase over the years, owing to rise in incidence of injuries among athletes. In addition, various technological advancements, such as orthobiologics, and introduction of novel treatment devices are expected to boost the growth of the sports medicine market in the near future.
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. Sports medicine is a branch of healthcare, which deals with enhancing athletic performance and improving physical fitness. Sport medicine products promote early recovery of injuries and prevent the risk of future injuries. In addition, they are applicable across all other healthcare fields, as professionals in this field not only treat athletes but also patients suffering from various ailments.
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Sports medicine is a branch of healthcare industry, which deals with the physical fitness of athletes. Moreover, it involves prevention and treatment of injuries related to sports and exercise. Common sport injuries include anterior cruciate ligament (ACL) tears, ankle sprains, muscle cramps, and shin splints. 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.
Sports Medicine Devices Market Competitive Analysis:
Leading market players Smith & Nephew Plc., Stryker Corporation, Johnson & Johnson (Depuy Mitek), Arthrex, Inc., Conmed Corporation, Zimmer Biomet Holdings, Inc., Breg, Inc., Mueller Sports Medicine, Inc., DJO Global, Inc., and Wright, Medical Group N.V., Provided in this report. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
Covid-19 Impact on the Sports Medicine Devices Market:
Sports Medicine Devices Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.
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Sports Medicine Devices Market Segmentation:
The research offers a detailed segmentation of the global Sports Medicine Devices market. Key segments analyzed in the research by Product (Orthopedics Devices, Body Reconstruction & Repair, Body Support & Recovery, Body Monitoring & Evaluation, and Accessories) and Application (Hand – wrist Injury, Shoulder Injury, Ankle – foot Injury,Arm – elbow Injury, Knee Injury, Back – spine Injury, and Hip – groin Injury), by End User and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.
Sports Medicine Devices Market Regional Analysis:
The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
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