New York, NY -- (SBWire) -- 05/16/2019 --Sports Medicine is a branch of orthopedic dealing with athlete fitness and treatment. Sports medicine products are largely used for treatment of sports related injuries. Sports medicine products and devices are used in treatment, cure and prevent sports related injuries
While sports medicine consultants do suggest clinical physical activity intervention due to already existing evidence that points to the effectiveness of exercise in every stage of the prevention of a disease from the primary to the tertiary prevention of disease. It is also important to understand there are certain injuries and diseases that cannot be addressed without medicine or certain procedures. Sports medicine is a field of medicine that deals with the treatment and preventive care of athletes, both professional and amateur. Sports medicine is not a medical specialty in itself but is an interdisciplinary subspecialty of medicine.
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The technological advancements in sports medicine, the increase inthe number of sports related injuries & road accidents, the high incidences of musculoskeletal disorders, and focus of major players in regenerative medicine are some of the crucial factors driving the market. The high cost accompanying sports medicine products and surgeries are predicted to restrain the market to a certain extent.
The global Sports Medicine market is segmented by application and product .On the basis of the key applications of Sports Medicine, the market is segmented into ankle & foot injuries, hip injuries, spine injuries, knee injuries, shoulder injuries, and other injuries. The segment of knee injuries within key applications is likely to dominate the global Sports Medicine market by occupying the largest market share in the market, this can be credited to the geriatric population facing arthritis problem and rising number of musculoskeletal procedures. The sports medicine market, on the basis of product is segmented into body support,body reconstruction products& recovery and accessories. The body reconstruction products segment is predicted to occupy the largest share of the global sports medicine market which can be credited to the preference and adoption of implants & arthroscopy devices for sports-related injuries by sports medicine surgeons and orthopedic surgeons.
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Sport injuries to propel the market growth
Increasing incidences of knee injuries caused in sports and constant wear and tear of muscle and tissue in sports athlete that require sports medicine are some of the major factor driving the growth of the sports medicine market. According to a study in the British Journal of Sports Medicine, knees are the most regularly injured body parts in a game with almost 31.0% of all sports injuries are associated with the knees and almost 34.0% are associated with the head, neck and shoulder.
New products to showcase increasing demand
Some of the orthopedic products are expected to increasing the demand for sports medicine market such as the arthroscopy devices. Furthermore, many companies are collaborating with others to strengthen their portfolio. For instance, Stryker acquired Pivot Medical, which is a manufacturer of implants and hip surgical equipment, in 2014 to expand its product portfolio for sports medicine to develop new products in the hip surgery. The mergers and expansion are expected to provide new options with technological advancements boosting the market for sports medicines.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Sports Medicine Market by Product (Body Reconstruction Products (Arthroscopy, Implants & Orthobiologics, Prosthetics, Facture & Ligament Repair), Body Support and Recovery Products (Braces & Support, Physiotherapy), Application (Knee, Shoulder, Spine, Foot & Ankle, Hip Injures) - Global Analysis & Forecast 2019-2030 in detail along with the table of contents: https://www.marketindustryreports.com/9/sports-medicine-market
Decreased Budget allocation to sports is expected to restrict the market growth
Growth of sports medicine market is expected to slow down due to decreased budget allocation for sports. Furthermore, lack of reimbursement policies for academic sports injuries is expected to apply brakes on the market growth in coming years. However, the introduction of novel prosthetic and implant and development of performance monitoring or intensive care equipment are expected to create enough of opportunities in the market. Rising incidences of sports injuries in the developing countries of Asia Pacific and another region of the market is further leading to the market growth.
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Global Sports Medicine Market Market 2019-2030: World Consumption and Application
The prominent players in the global Sports Medicine market are Medtronic, DePuy Synthes, Zimmer Biomet, Arthrex, Smith & Nephew, Stryker Corporation, Berg, and RTI Surgical among others.