Sports medicine device Market Segmentation, Analysis and Forecast 2020

Sports
medicine
device
Market 2020
SYNOPSIS
The report provides market analysis, information and insights into “Sports medicine
device Market ”
About Sports medicine device Market
Sports medicine is a branch of medicine that deals with the prevention and treatment
of injuries incurred during sports activities, exercises or physical fitness training. Sports
medicine devices therefore, include a wide range of products utilized for the
prevention, recovery and cure of injuries related to the above physical activities. These
injuries consist of fractures, sprains, soft tissue damage, joint dislocation, strain and
musculoskeletal injuries.
The increased global adoption of western sports has given rise to injuries that drive the
market for sports medicine devices. Additionally, the growing demand for outpatient,
minimally invasive surgeries, the growing awareness regarding the maintenance of an
active lifestyle and the changing reimbursement landscape for innovative surgical
technologies are key factors contributing to the growth of the sports medicine devices
market.
View more details @ http://www.bigmarketresearch.com/sports-medicine-devicesmarket
KEY MARKET BENEFITS:
This report offers the following benefits:
• Extensive analyses of the factors that drive and limit the growth of the global sports
medicine market are provided.
• Deep dive analysis of segments such as product type and applications provide insights
that would enable companies to gain competitive edge.
• In-depth analysis of various regions would enable an understanding of the trends in
various regions so that companies can make region specific plans.
• The competitive landscape section lists the market shares of major leaders within the
global sports medicine market along with the key strategies adopted by them to achieve
high monetary value.
KEY MARKET SEGMENTS
The global sports medicine market is segmented into product type, application area and
geography.
On the basis of product type the market is segmented into orthopedic and support and
recovery products. Orthopedic products include arthroscopy devices, fracture repair
devices, artificial joint implants, orthobiologics and prosthesis. Support and recovery
products include surgical equipment, compression clothing, support devices, tapes,
bandages and others. Arthroscopy devices dominate the market due to their jointrelated issues. Fracture repair devices and artificial joint implants are also gaining
ground due to the rising incidence of fractures and growing demand for joint
replacements.
On the basis of application, the market is segmented into Hand-wrist, Shoulders, Anklefoot, Arm-elbow, Knee, Back-spine and Hip-groin. Shoulder and Knee treatment
generated the highest revenue as most sports injuries are knee-related. Furthermore,
the increasing number of age-related complications caused by diseases such as
rheumatoid arthritis is also fueling market growth.
In terms of geography, the market is segmented into various regions, namely, North
America, Europe, Asia Pacific and LAMEA.
MARKET OVERVIEW
North America holds the largest market share and will retain its position throughout the
estimated period due to the widespread acceptance of various sports which inevitably
result in injuries and the increasing number of specialized sports services. Europe held
the second largest market share due to the growing demand for the prevention and
treatment of sports related injuries. That said, the Asia-Pacific region is the fastest
growing region in this market due to the rise in the number of sport injuries, growing
fitness awareness among the elderly as well as the youth, favorable government
regulations for sports devices and improving healthcare infrastructure.
A general apprehension of the benefits of sports medicine devices- made possible
through training programs and market penetration, and expansion in emerging
countries of the Asia-Pacific region present key opportunities for the growth of this
market. Technological advancements and the discovery of novel technologies are
principle strategies followed by major players in this market.
SUMMARY
The growing demand for outpatient, minimally invasive surgeries, the growing
awareness regarding the maintenance of an active lifestyle and the changing
reimbursement landscape for innovative surgical technologies are key factors
contributing to the growth of the sports medicine devices market.
Get Global Sports Medicine Devices Market (Product type, Application areas and
Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis,
Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020 market
research report Published by Allied Market Research. The Report is available at $4515
for Single User
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The increased global adoption of western sports has given rise to injuries that drive the market for sports medicine devices. Additionally, the growing demand for outpatient, minimally invasive surgeries, the growing awareness regarding the maintenance of an active lifestyle and the changing reimbursement landscape for innovative surgical technologies are key factors contributing to the growth of the sports medicine devices market. Report Form Available @ http://www.bigmarketresearch.com/report-enquiry/144278