Sports Medicine Market 2020 Size, Share, Growth, Business Analysis, and Regional Forecast to 2025 is latest research report on Global Sports Medicine Market published by “Fortune Business Insights”. According to report the Global Sports Medicine Market to grow at 5.8% CAGR and reach $9.86 billion value by 2025. Sports Medicine Industry report anlayzes Market for Medical Wearable Devices by Device Type (Surgery Devices, Bone Reconstruction Devices, Body Support Devices, Others), Application (Knee, Head & Neck, Shoulder, Ankle & Foot, Wrist & Elbow, Others), End User (Hospitals, Specialty Clinics), and Regional Forecast, 2019-2026.
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Sports Medicine Industry Key Players Analyzed in Report Are:
Arthrex, Smith & Nephew, Stryker, CONMED Corporation, Zimmer Biome, Johnson & Johnson Services, KARL STORZ SE & Co. KG and Other players.
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Global Sports Medicine Market Insights:
The global Sports Medicine market size is predicted to grow $9.86 billion by 2025, exhibiting a CAGR of 5.8% during the forecast period. Rising prevalence of chronic conditions, and awareness about a healthy lifestyle contributing growth of the Sports Medicine market according to a new Fortune Business Insights™ report, titled “Sports Medicine Market Size, Share & Industry Analysis, By Device Type (Surgery Devices, Bone Reconstruction Devices, Body Support Devices, Others), By Application (Knee, Head & Neck, Shoulder, Ankle & Foot, Wrist & Elbow, Others) By End User (Hospitals, Specialty Clinics), and Regional Forecast, 2019-2026.
According to Stanford children’s Health statics, more than 30 million children and teens in the U.S participate in organized sports. Whereas one-third of the injuries reported are sports injuries. Furthermore, innovation in new products and surgical devices will bolster the healthy growth of the market in the forthcoming years. In addition, the rising demand for minimally invasive surgeries in developed and developing nations will further create new sales opportunities for the sports medicine market analysis.
Combined with the market analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the market, and all articulated with geographical and merchandise segments. Moreover, it also shows different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Additionally, the figures and topics covered in this report are both all-inclusive and reliable for the readers.
Sports Medicine Market Segmentation:
The global Sports Medicine industry is segmented on the basis of Device Type, Application, End User, and Region.
Based on the Device Type, the Sports Medicine market is segmented by Surgery Devices, Bone Reconstruction Devices, Body Support Devices, Others.
Based on the Application, the Sports Medicine market is segmented into (Knee, Head & Neck, Shoulder, Ankle & Foot, Wrist & Elbow, Others.
Based on End User the Sports Medicine market is segmented by Hospitals, Specialty Clinics.
On the basis of region market for Sports Medicine segmented by North America, Europe, Asia-Pacifica, Africa and other regions.
Sports Medicine Market Growth Factors:
The announcement of Stryker’s Endoscopy division, a visualization platform enabling distinguish anatomy across all minimally invasive procedures, acquired Ivy Sports Medicine, LLC, medical equipment production company. The acquisition will enable Stryker to provide customers with a complete meniscal platform to better serve their patients. The agreement between the companies will boost the sports medicine market share owing to the portfolio of the company, which includes the only FDA-approved collagen meniscus implant (CMI) on the market a reliable and innovative all-inside repair device, as well as an inside-out meniscal suturing platform. In addition, the developing sports infrastructure, along with the growing patient pool in hospitals, will facilitate the growth of the market. According to the EU IDB catalog of sports, about 4.5 million people aged 15 and above have been treated in hospital for a sports injury each year. In addition, the presence of opportunities such as corporate funding & scholarships for students will bode well for the market in the forthcoming years.
Report analyzes Global Market for Sports Medicine by North America, South America, Asia-Pacific, Europe, Middle East and Africa.
Asia Pacific is predicted to grow significantly in the forthcoming years. The rising demand for sports medicine from developing countries such as China, India, and Japan will boost the sports medicine market trends. Furthermore, increasing government initiatives to educate healthcare professionals and promote research will further facilitate growth in the region.
North America stood at USD 2.60 billion in 2018 and is expected to grow rapidly during the forecast period. The increasing number of medical sports centers will aid the expansion of the market in North America. The growing participation in sports and physical activities by children will augment the healthy growth of the market in the region.
Highlights of the Report:
In-depth analysis of various insights, namely, Sports Medicine Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Sports Medicine Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1. Statistics on Smartphone Penetration Rate for Key Countries
4.2. Data Pertaining to Healthcare Expenditure for Key Countries
4.3. New Product Launches
4.4. Overview on Technological Advancements Pertaining to Sports Medicine
4.5. Key Merger and Acquisition Strategies by Top Players
4.6. Industry Background
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