Sports Medicine Market | 2020 Industry Forecast By COVID-19 Impact Size Estimation, Growth Rate, Trends, Company Share, Merger, Competitive and Regional Analysis To 2026 is latest trending research report on “Global Sports Medicine Market”, published by Fortune Business Insights. Report contains comprehensive information about Sports Medicine Market current market situation impacted by COVID-19, forecast growth, segments that have most impacted by COVID-19, and Emerging Trends in 2020. Report also discusses Sports Medicine business growth strategies, competitive analysis, regional market insights, emerging key companies in market.
Report segments information on Global Sports Medicine Market 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.
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Global Sports Medicine Key Companies Studied In Report are:
- Arthrex, Inc.
- Smith & Nephew
- Stryker
- CONMED Corporation
- Zimmer Biomet
- Johnson & Johnson Services, Inc.
- KARL STORZ SE & Co. KG
An Overview of the Impact of COVID-19 on Sports Medicine Market:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. The coronavirus incident has caused major damage to all the industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain.
Global Sports Medicine Market Analysis 2020:
Sports Medicine Market to Rise at a CAGR of 5.8%; Acquisition of Ivy Sports Medicine by Stryker to Boost Market Expansion. 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.
The global Sports Medicine market is projected to witness rapid growth in the coming years driven by the massive investments in product RandD. The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global Sports Medicine market and discusses how major companies are coping with this.
The global sports medicine market size is predicted to USD 9.86 billion by 2026, exhibiting a CAGR of 5.8% during the forecast period. The rising prevalence of chronic conditions, including cardiovascular diseases and obesity, is escalating participation in sports activities. Moreover, rising awareness about a healthy lifestyle will spur participation of children in sports activities, which in turn will contribute positively to the sports medicine market revenue.
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
The sports medicine market stood at USD 6.26 billion in 2018. 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.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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.
The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Sports Medicine Market Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Sports Medicine Market Regional Insights:
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. 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.
Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
This Report Answers the Following Questions:
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- What are the market growth drivers, obstacles, and trends?
- Which region is likely to dominate the market in terms of revenue?
- What can be the best investment choices for venturing into new product and service lines?
- Which crucial business strategies are being followed by players to drive sales?
- Which segment is set to lead the market by generating the largest share?
- What value propositions should businesses aim at while making new research and development funding?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Table of Content:
1 Sports Medicine Market Overview
1.1 Sports Medicine Product Overview
1.2 Sports Medicine Market Segment by Type
1.2.1 Granular Activated Carbon (GAC) Filters
1.2.2 Carbon Block Filters
1.3 Global Sports Medicine Market Size by Type (2015-2026)
1.3.1 Global Sports Medicine Market Size Overview by Type (2015-2026)
1.3.2 Global Sports Medicine Historic Market Size Review by Type (2015-2020)
1.3.2.1 Global Sports Medicine Sales Market Share Breakdown by Type (2015-2026)
1.3.2.2 Global Sports Medicine Revenue Market Share Breakdown by Type (2015-2026)
1.3.2.3 Global Sports Medicine Average Selling Price (ASP) by Type (2015-2026)
1.3.3 Global Sports Medicine Market Size Forecast by Type (2021-2026)
1.3.3.1 Global Sports Medicine Sales Market Share Breakdown by Application (2021-2026)
1.3.3.2 Global Sports Medicine Revenue Market Share Breakdown by Application (2021-2026)
1.3.3.3 Global Sports Medicine Average Selling Price (ASP) by Application (2021-2026)
1.4 Key Regions Market Size Segment by Type (2015-2020)
1.4.1 North America Sports Medicine Sales Breakdown by Type (2015-2026)
1.4.2 Europe Sports Medicine Sales Breakdown by Type (2015-2026)
1.4.3 Asia-Pacific Sports Medicine Sales Breakdown by Type (2015-2026)
1.4.4 Latin America Sports Medicine Sales Breakdown by Type (2015-2026)
1.4.5 Middle East and Africa Sports Medicine Sales Breakdown by Type (2015-2026)
2 Global Sports Medicine Market Competition by Company
2.1 Global Top Players by Sports Medicine Sales (2015-2020)
2.2 Global Top Players by Sports Medicine Revenue (2015-2020)
2.3 Global Top Players Sports Medicine Average Selling Price (ASP) (2015-2020)
2.4 Global Top Manufacturers Sports Medicine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Sports Medicine Market Competitive Situation and Trends
2.5.1 Sports Medicine Market Concentration Rate (2015-2020)
2.5.2 Global 5 and 10 Largest Manufacturers by Sports Medicine Sales and Revenue in 2019
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Sports Medicine as of 2019)
2.7 Date of Key Manufacturers Enter into Sports Medicine Market
2.8 Key Manufacturers Sports Medicine Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Sports Medicine Status and Outlook by Region (2015-2026)
3.1 Global Sports Medicine Market Size and CAGR by Region: 2015 VS 2020 VS 2026
3.2 Global Sports Medicine Market Size Market Share by Region (2015-2020)
3.2.1 Global Sports Medicine Sales Market Share by Region (2015-2020)
3.2.2 Global Sports Medicine Revenue Market Share by Region (2015-2020)
3.2.3 Global Sports Medicine Sales, Revenue, Price and Gross Margin (2015-2020)
3.3 Global Sports Medicine Market Size Market Share by Region (2021-2026)
3.3.1 Global Sports Medicine Sales Market Share by Region (2021-2026)
3.3.2 Global Sports Medicine Revenue Market Share by Region (2021-2026)
3.3.3 Global Sports Medicine Sales, Revenue, Price and Gross Margin (2021-2026)
3.4 North America Sports Medicine Market Size By Growth (2015-2026)
3.4.1 North America Sports Medicine Revenue By Growth (2015-2026)
3.4.2 North America Sports Medicine Sales By Growth (2015-2026)
3.5 Asia-Pacific Sports Medicine Market Size By Growth (2015-2026)
3.5.1 Asia-Pacific Sports Medicine Revenue By Growth (2015-2026)
3.5.2 Asia-Pacific Sports Medicine Sales By Growth (2015-2026)
3.6 Europe Sports Medicine Market Size By Growth (2015-2026)
3.6.1 Europe Sports Medicine Revenue By Growth (2015-2026)
3.6.2 Europe Sports Medicine Sales By Growth (2015-2026)
3.7 Latin America Sports Medicine Market Size By Growth (2015-2026)
3.7.1 Latin America Sports Medicine Revenue By Growth (2015-2026)
3.7.2 Latin America Sports Medicine Sales By Growth (2015-2026)
3.8 Middle East and Africa Sports Medicine Market Size By Growth (2015-2026)
3.8.1 Middle East and Africa Sports Medicine Revenue By Growth (2015-2026)
3.8.2 Middle East and Africa Sports Medicine Sales By Growth (2015-2026)
4 Global Sports Medicine by Application
4.1 Sports Medicine Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Sports Medicine Sales by Application: 2015 VS 2020 VS 2026
4.3 Global Sports Medicine Historic Sales by Application (2015-2020)
4.4 Global Sports Medicine Forecasted Sales by Application (2021-2026)
4.5 Key Regions Sports Medicine Market Size by Application
4.5.1 North America Sports Medicine by Application
4.5.2 Europe Sports Medicine by Application
4.5.3 Asia-Pacific Sports Medicine by Application
4.5.4 Latin America Sports Medicine by Application
4.5.5 Middle East and Africa Sports Medicine by Application
5 North America Sports Medicine Market Size by Country (2015-2026)
5.1 North America Market Size Market Share by Country (2015-2020)
5.1.1 North America Sports Medicine Sales Market Share by Country (2015-2020)
5.1.2 North America Sports Medicine Revenue Market Share by Country (2015-2020)
5.2 North America Market Size Market Share by Country (2021-2026)
5.2.1 North America Sports Medicine Sales Market Share by Country (2021-2026)
5.2.2 North America Sports Medicine Revenue Market Share by Country (2021-2026)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Sports Medicine Market Size By Growth (2015-2026)
5.3.2 Canada Sports Medicine Market Size By Growth (2015-2026)
6 Europe Sports Medicine Market Size by Country (2015-2026)
6.1 Europe Market Size Market Share by Country (2015-2020)
6.1.1 Europe Sports Medicine Sales Market Share by Country (2015-2020)
6.1.2 Europe Sports Medicine Revenue Market Share by Country (2015-2020)
6.2 Europe Market Size Market Share by Country (2021-2026)
6.2.1 Europe Sports Medicine Sales Market Share by Country (2021-2026)
6.2.2 Europe Sports Medicine Revenue Market Share by Country (2021-2026)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany Sports Medicine Market Size By Growth (2015-2026)
6.3.2 France Sports Medicine Market Size By Growth (2015-2026)
6.3.3 U.K. Sports Medicine Market Size By Growth (2015-2026)
6.3.4 Italy Sports Medicine Market Size By Growth (2015-2026)
6.3.5 Russia Sports Medicine Market Size By Growth (2015-2026)
7 Asia-Pacific Sports Medicine Market Size by Country (2015-2026)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2020)
7.1.1 Asia-Pacific Sports Medicine Sales Market Share by Country (2015-2020)
7.1.2 Asia-Pacific Sports Medicine Revenue Market Share by Country (2015-2020)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2026)
7.2.1 Asia-Pacific Sports Medicine Sales Market Share by Country (2021-2026)
7.2.2 Asia-Pacific Sports Medicine Revenue Market Share by Country (2021-2026)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China Sports Medicine Market Size By Growth (2015-2026)
7.3.2 Japan Sports Medicine Market Size By Growth (2015-2026)
7.3.3 South Korea Sports Medicine Market Size By Growth (2015-2026)
7.3.4 India Sports Medicine Market Size By Growth (2015-2026)
7.3.5 Australia Sports Medicine Market Size By Growth (2015-2026)
7.3.6 Taiwan Sports Medicine Market Size By Growth (2015-2026)
7.3.7 Indonesia Sports Medicine Market Size By Growth (2015-2026)
7.3.8 Thailand Sports Medicine Market Size By Growth (2015-2026)
7.3.9 Malaysia Sports Medicine Market Size By Growth (2015-2026)
7.3.10 Philippines Sports Medicine Market Size By Growth (2015-2026)
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