The new report “Global Sports Medicine Market”, By Product Type
(Orthobiologics (Bone Graft Substitutes, Viscosupplementation, BMC, PRP),
Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopedic Braces
and Supports), By Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle,
Wrist & Hand), By End Users (Orthopedic Clinics, Hospitals, Ambulatory
Surgical Centers, Others), By Geography (North America, Europe, Asia-Pacific,
Latin America, Middle East and Africa) – Industry Trends and Forecast to 2024
The Global Sports Medicine Market is expected to reach USD 34.7
billion by 2024 from USD 16.6 billion in 2016, at a CAGR of 8.9% in the
forecast period 2017 to 2024. The new market report contains data for historic
years 2014 & 2015, the base year of calculation is 2016 and the forecast
period is 2017 to 2024.
Request for Sample Report Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-sports-medicine-market
Global Sports Medicine Market – Drivers:
The major factors driving the growth of this market are the
increasing incidences of sports injuries, increasing adoption of arthroscopic
surgeries, continuous influx of new products and treatment modalities, growing
research activities in sports medicines, increased adoption and acceptance of
arthroscopy and minimally invasive procedures. These factors increase the
demand for devices such as bone graft substitutes, surgical devices, and
arthroscopy devices.
Increasing Incidences of Sports Injuries
Increasing obesity worldwide has fuelled the need to adapt
active lifestyles. The need to adapt active lifestyle has triggered the
popularity of sports among the masses. A few most common sports related
injuries are knee injuries (anterior cruciate ligament (ACL) tear, quadriceps
tendonitis, and meniscal injuries), ankle & foot injuries (Plantar
fasciitis, metatarsal fracture), shoulder injuries (rotator cuff injury,
dislocations, inflammation of biceps).
Increasing Adoption of Arthroscopic Surgeries
An arthroscopic procedure is a minimally invasive procedure to
treat, diagnose or rectify a bone joint or fracture. Since these procedures are
less painful and tedious they are widely accepted by physicians and patients.
In addition, minimally invasive surgeries are increasingly being covered by
health insurance providers in a select few countries. These factors have led to
increasing preference among patients and physicians for minimally invasive
surgeries.
Speak to Analyst Visit @http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-sports-medicine-market
Continuous Influx of New Products and Treatment Modalities
Companies in the sports medicine market are increasingly
focusing on new product launches and technological advancements. New product
launches and innovations mainly deal with the development of more economical,
technologically advanced, and easy-to-use sports medicine products.
Technological advancements have led to the introduction of new treatment
modalities such as percutaneous tenotomy, platelet rich plasma (PRP) therapy,
stem cell therapy, and robotic technology, among others. This not only
generates interest but promises a healthy future for the growth of the sports
medicine market.
Growing research activities in the field of sports medicine is
one of the major driving factors for the sports medicine market. Continuous
research studies lead to advancements in the preventive and curative aspects of
sports medicine. This, in turn, plays a significant role in supporting the
rapid development of new treatment options.
Developments in the Field of Regenerative Medicine
Growing regenerative medicine plays a significant role in the
management of sports injuries. This area of medicine includes the use of
orthobiologics, which are substances used to improve the healing of broken
bones and injured muscles, tendons, and ligaments. Orthobiologics are made from
substances that are naturally found in the body and, when used in higher
concentrations, they may help speed up the healing process. Orthobiologics
products such as allograft, polymer-based bone substitutes, and
viscosupplements are extensively used in the treatment of sports injuries or
conditions resulting from trauma.
Increased Adoption and Acceptance Of Arthroscopy & Minimally
Invasive Procedures
Arthroscopy is a minimally invasive procedure that is used for
the diagnosis and treatment of joint injuries and diseases through small
incisions in the skin. Being less painful and tedious, these procedures are
widely accepted by physicians and patients alike.
Inquiry before Buying Visit @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-sports-medicine-market
The global sports medicine market is highly concentrated to a
few big players and rest to local players who cater to domestic markets only.
Arthrex, Inc dominated the sports medicine market accounting for a highest
market share in 2016, followed by Smith & Nephew, DePuy Synthes, Stryker
Corporation, CONMED Corporation. Other players in this market include Johnson
& Johnson, Bird & Cronin, Inc., Zimmer, Inc., Biomet Inc., Anika
Therapeutics, Ossur, Breg Inc., Mueller Sports Medicine, Inc., DJO global,
Medtronic among others holds 25% of the global sports medicine market in 2016.
Arthrex, Inc.:
Founded in 1981 as Arthrex, Inc and head quartered in Florida,
U.S. is engaged in the development and marketing of orthopaedics products. The
company operates through only one business segment namely orthopaedics.
Smith &Nephew:
Incorporated in June 1856 and headquartered in London, United
Kingdom Pfizer Inc., is engaged in the development and marketing of medical
products and services. The company operates through four business segments,
such as sports medicine, advanced wound care management, orthopaedic
reconstruction, and trauma and extremities. The sports medicine segment offers
a wide range of technologies or implants for repair of soft tissue injuries,
fluid management equipment for surgical access, digital cameras, digital image
capture, scopes, light sources and monitors to assist with visualization,
radiofrequency wands, electromechanical and mechanical blades and, hand
instruments for resecting damaged tissue.
Recent Developments:
1. In
January 2016, Smith & Nephew acquired first line cartilage repair product
known as BST-CarGelused along with microfracture and other bone marrow
stimulation techniques for the initial treatment of most sizes of focal
cartilage tears.
2. In June
2015, Smith & Nephew acquired Zimmer’s Unicondylar Knee system (ZUK) in
U.S. market. ZUK is a clinically proven uni knee replacement introduced
globally in 2004. Smith & Nephew has purchased all existing inventory and
certain intellectual property for the U.S. market.
Read more about the Global Sports Medicine Market visit @ http://databridgemarketresearch.com/reports/global-sports-medicine-market/
Stryker Corporation:
Founded in 1941 and headquartered in Michigan, U.S., Stryker
Corporation specializes in reconstructive, medical and surgical, and
neurotechnology and spine products. The company has three business
segments—orthopedic implants, MedSurg, and neurotechnology and spine.
Recent Developments:
1. In
November 2016, Stryker announced a multi-year collaboration with Indo UK
Institute of Health’s (IUIH) Medicity Program to serve as a preferred partner
in the orthopedic areas of hip, knee, and trauma products and services. Stryker
and IUIH’s new relationship will provide greater access to affordable primary
joint replacements and other healthcare services to patients in India.
2. In
April 2016, Stryker Corporation acquired Physio-Control International, Inc.
Physio-Control develops, manufactures and markets monitors/defibrillators,
automated external defibrillators (AEDs) and CPR-assist devices along with data
management and support services.
Table of Content:
1. INTRODUCTION
1.1. OVERVIEW OF THE
GLOBAL SPORTS MEDICINE MARKET
1.2. MARKET
SEGMENTATION & COVERAGE
2. RESEARCH METHODOLOGY
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT
THE GLOBAL SPORTS MEDICINE MARKETSIZE
2.3. GLOBAL SPORTS
MEDICINE MARKET: RESEARCH SNAPSHOT
2.4. ASSUMPTIONS
3. MARKET LANDSCAPE SUMMARY
4. PREMIUM INSIGHTS
4.1. OVERVIEW
4.2. GLOBAL SPORTS
MEDICINE MARKET: KEY PRIMARY INSIGHTS
4.3. MARKET
OVERVIEW
4.4. KEY MARKET TRENDS
AND UPCOMING TECHNOLOGIES
5. EXECUTIVE SUMMARY
6. SPORTS MEDICINE MARKET, BY PRODUCT TYPE
6.1. OVERVIEW
6.2. ORTHOBIOLOGICS
MARKET, BY PRODUCT TYPE
6.3. SURGICAL DEVICES
MARKET, BY PRODUCT TYPE
6.4. ARTHROSCOPY
DEVICES MARKET, BY PRODUCT TYPE
6.5. ORTHOPEDIC
BRACES AND SUPPORTS, BY PRODUCT TYPE
7. SPORTS MEDICINE MARKET, BY BODY AREA
7.1. OVERVIEW
7.2. KNEE
7.3. HIP
7.4. SHOULDER AND
ELBOW
7.5. FOOT AND ANKLE
7.6. HAND AND WRIST
8. SPORTS MEDICINE MARKET, BY TYPE
9. SPORTS MEDICINE MARKET, BY END USERS
9.1. OVERVIEW
9.2. ORTHOPEDICS
CLINICS
9.3. HOSPITALS
9.4. AMBULATORY
SURGICAL CENTERS
9.5. OTHERS
10. SPORTS MEDICINE MARKET, BY GEOGRAPHY
10.1. REGION
WISE SPORTS MEDICINE MARKET,(ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN
THIS CHAPTER BY REGION)
10.2. KEY PRIMARY
INSIGHTS: BY MAJOR COUNTRIES
11. SPORTS MEDICINE MARKET: COMPETITIVE LANDSCAPE
11.1. GLOBAL
SPORTS MEDICINE MARKET: COMPANY SHARE ANALYSIS
11.2. U.S.SPORTS
MEDICINE MARKET: COMPANY SHARE ANALYSIS
11.3. EUROPE
SPORTS MEDICINE MARKET: COMPANY SHARE ANALYSIS
11.4. APAC SPORTS
MEDICINE MARKET: COMPANY SHARE ANALYSIS
11.5. SOUTH
AMERICA SPORTS MEDICINE MARKET: COMPANY SHARE ANALYSIS
11.6. MIDDLE EAST
AND AFRICA SPORTS MEDICINE MARKET: COMPANY SHARE ANALYSIS
11.7. MERGERS & ACQUISITIONS
11.8. NEW PRODUCT
DEVELOPMENT & APPROVALS
11.9. EXPANSIONS
11.10. REGULATORY CHANGES
11.11.
PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
12. SPORTS MEDICINE MARKET, COMPANY PROFILES
12.1. ARTHREX,
INC
12.1.1. COMPANY OVERVIEW
12.1.2. SWOT ANALYSIS
12.1.3. REVENUE ANALYSIS
12.1.4. PRODUCT PORTFOLIO
12.1.5. RECENT DEVELOPMENTS
12.1.6.
DATA BRIDGE ANALYSIS
12.2. SMITH AND NEPHEW
12.2.1. COMPANY OVERVIEW
12.2.2. SWOT ANALYSIS
12.2.3. REVENUE ANALYSIS
12.2.4. PRODUCT PORTFOLIO
12.2.5. RECENT DEVELOPMENTS
12.2.6. DATA BRIDGE ANALYSIS
12.3. MEDTRONIC
12.4. STRYKER
12.5. CONMED CORPORATION
12.6. ZIMMER,
INC
12.7. DJO
GLOBAL
12.8. OSSUR CORPORATE
12.9. OTTOBOCK HEALTHCARE GMBH
12.10. BREG,
INC
12.11. TORNIER,
INC
12.12. MUELLER
SPORTS MEDICINE INC
12.13. CRAMER PRODUCTS, INC
12.14. RTI
SURGICAL.
12.15.
ARTHROCARE
12.16. BIOMET
12.17. BIRD AND CRONIN, INC
12.18. CAYENNE MEDICAL, INC
12.19. DEPUY MITEK, INC
12.20. OSSUR
13. APPENDIX
14. ABOUT DATA BRIDGE MARKET RESEARCH
Related Report
Global Orthopedic Prosthetics Market – Industry Trends and
Forecast to 2024
Global Orthopedic Prosthetics Market, By Product Type (Upper
Extremity Prosthetics (Hand Prosthetics, Elbow Prosthetics, Shoulder
Prosthetics), Lower Extremity Prosthetics (Foot & Ankle Prosthetics, Knee
Prosthetics, Hip Prosthetics), Liners, Sockets, Modular Components), By
Technology (Manual Prosthetics, Electric Powered Prosthetics, Hybrid
Prosthetics), By End User (Hospitals, Clinics, Rehabilitation Centers, and
Others) By Geography (North America, Europe, Asia-Pacific, Europe, South
America, Middle East and Africa) – Industry Trends and Forecast to 2024
About Data Bridge Market Research:
Data Bridge Market Research set
forth itself as an unconventional and neoteric Market research and consulting
firm with unparalleled level of resilience and integrated approaches. We are
determined to unearth the best market opportunities and foster efficient
information for your business to thrive in the market. Data Bridge endeavors to
provide appropriate solutions to the complex business challenges and initiates
an effortless decision-making process.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818