Sports Medicine Market Research Report 2019 published By Market Research Future, provides information on Global Sports Medicine Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Product (Joint Reconstructive & Repair Products, Support & Recovery Products, Accessories & Consumables, Others); By Application (Shoulder Treatment, Knee Treatment, Hip Treatment, Spine Treatment, Others); by Procedure (Tendinosis, Tendon to Bone, Cartilage Repair); By End-User (Hospitals & Emergency Care, Trauma Centers, Ambulatory Care, Others) – Forecast to 2023
The market for sports medicine is expected to reach $ 9,655.6 million by the end of 2023, this market is projected to growing at a CAGR of 8.9 % during 2017-2023.
Leading players profiled in the sports medicine market include Arthrex Inc, Smith & Nephew plc, GE Healthcare, DePuy Synthes, CONMED Corporation, Zimmer Biomet, Medtronics, Stryker, and others.
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The global sports medicine market is predicted to surpass USD 9,655.6 million at 8.9% CAGR over the predicted years (2017-2023). Sports medicine simply put, is a branch of medicine that deals with both the prevention as well as treatment of injuries associated to games, sports and exercise. Along with managing injuries, sports medicine uses exercise intervention as well for preventing and managing chronic diseases namely obesity, diabetes and hypertension. The various forms of injuries that sports medicine doctors generally treat include cartilage injuries, eating disorders, concussions, heat illness, exercise-induced asthma, tendonitis, shoulder and knee injuries, fractures and ankle sprains. These days people have become more conscious about their health. Various programs on social media and increasing health education lessons taught in school has increased people’s awareness about health. Thus, a major part of the populace is turning to sports as an extracurricular activity and more so to maintain their health. Both elderly and young people alike have adopted sports which has increased sports related injuries all over the world.
There are plentiful factors that is boosting the growth of the Sports Medicine Market. These factors as per the Market Research Future (MRFR) report include increasing incidences of injuries that are sports related, growing awareness amid people about physical fitness, government initiatives related to sports medicine, demand for surgeries that are minimally invasive, technological advancements in instruments, technologies and implants for joint repair, growing number of sports medicine centers, introduction of better and new surgical procedures and constant innovation in R&D. On the contrary, scarcity of skilled experts in this field, inappropriate guidelines and administration concerning sports medicine and high treatment cost are factors that may deter the growth of the sports medicine market over the predicted years.
- The global sports medicines market is expected to reach USD 9,655.6 million by 2023
- Tendinosis commands the largest share market of 54% in global sports medicine market by procedures.
- North America has the largest market share of 39% in global sports medicines market.
- Asia pacific region is expected to be the fastest growing segment with the CAGR of 9.2% during the forecasted period.
- There are more than 2569 companies associated with sports medicine and sports medicine devices all around the world.
- Arthrex, Inc is the global leader for the global sports medicine market.
April 2019- New York Presbyterian together with Columbia University Irving Medical Center physicians, lately has expanded their sports medical practice. They have opened an advanced training centre in Westchester County which is staffed with their leading sports performance coaches, therapists and sports medicine doctors. This 9,600 square-foot facility will deliver services for all including elite professionals, weekend warriors and high school athletes. The service portfolio will comprise of methods for injury recovery, enhancing performance and returning to sport. It is a unique program which will serve both athletes and orthopedic patients of every age and performance level. The goal of this program is in delivering specialized game plans as well as solutions to people of every performance level to aid them attain higher success levels every day.
MRFR report provides an extensive segmental analysis of the sports medicine market on the basis of product, application, procedure and end user.
Based on product, it is segmented into accessories and consumables, support and recovery products, joint reconstructive and repair products and others. Of these, joint reconstructive and repair products will have maximum share in the market over the predicted years.
Based on application, the sports medicine market is segmented into spine treatment, hip treatment, knee treatment, shoulder treatment and others. Of these, knee treatment will dominate the market over the predicted years.
Based on end user, it is segmented into ambulatory care, trauma centers, hospitals and emergency care and others.
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By region, the sports medicine market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will have mammoth share in the market over the predicted years. This is due to growing number of sports medical centres and growing occurrence of sports injuries in this region. The sports medicine market in the European region will have the second major share in the market followed by the APAC region. The sports medicine market in the APAC region is anticipated to grow at the fastest pace over the predicted years owing to increasing awareness regarding health and sports coupled with constant development in the healthcare sector. On the other hand, the sports medicine market in the Middle East and African region is poised to have minimal share over the predicted years.
Scope of Report
The report for Global Sports medicine Market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
List of Tables
Table 1 Global Sports Medicines Market, by Product 2014-2023 (Usd Million)
Table 2 Global Sports Medicines Market, by Reconstructive Products 2014-2023 (Usd Million)
Table 3 Global Sports Medicines Market, by Body Support and Recovery Devices Products 2014-2023 (Usd Million)
Table 4 Global Sports Medicines Market, by Accessories 2014-2023 (Usd Million)
Table 5 Global Sports Medicines Market, by Application 2014-2023 (Usd Million)
Table 6 Global Sports Medicines Market, by Shoulder Treatment2014-2023 (Usd Million)
Table 7 Global Sports Medicines Market, by Knee Treatment2014-2023 (Usd Million)
Table 8 Global Sports Medicines Market, by Hip Treatment2014-2023 (Usd Million)
Table 9 Global Sports Medicines Market, by Spine Treatment2014-2023 (Usd Million)
Table 10 Global Sports Medicines Market, by Procedure 2014-2023 (Usd Million)
List of Figures
Figure 1 Global Sports Medicines Market Share, by Product, 2016
Figure 2 Global Sports Medicines Market Share, by Application, 2016
Figure 3 Global Sports Medicines Market Share, by Procedure, 2016
Figure 4 Global Sports Medicines Market Share, by End User, 2016
Figure 5 Global Sports Medicines Market Share, by Region, 2016
Figure 6 Global Sports Medicine: Market Structure
Figure 7 Research Process 20
Figure 8 Drivers & Restraints Impact Analysis of Global Sports Medicine Market
Figure 9 Porters Five Forces Analysisof Global Sports Medicine Dental Imaging Market
Figure 10 Global Sports Medicines Market, by Product 2016 & 2023 (Usd Million)
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