Know How Sports Medicine Devices Market Is Showing Strong Position by Leading Key Players: Arthrocare Corporation, Biomet, Arthrex, Inc., Cayenne Medical and Zimmer Inc.
The Advantages of Being In Sports Medicine Devices Market with Latest improvements, opportunities, and the forthcoming trends
Pune, India -- (SBWire) -- 03/15/2019 --The "Sports Medicine Devices Market 2019" report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. The scope of the report includes a detailed study of global and regional markets for Global Sports Medicine Devices Market with the reasons given for variations in the growth of the industry in certain regions.
The Global Sports Medicine Devices Market is expected to exceed more than US$ +10 billion by 2025 and will grow at a CAGR of more than +8% in the given forecast period.
"Sports medicine is part of a range of medications that provide a variety of sports activities, physical activity or physical health education. Sports activities Medical devices A huge amount of products have been applied for the prevention, recovery and treatment of accidents related to stomach exercises. Injuries include fractures, sprains, soft tissue damage, joint dislocation, tension and musculoskeletal injuries. Worldwide adoption of Western sports has caused an accident in the sports medicine market."
Top key players:
Arthrocare Corporation, Biomet, Inc., Arthrex, Inc., Cayenne Medical Inc, Breg Inc., Zimmer Inc., Wright Medical Group Inc., Smith & Nephew Inc., Mueller Sports Medicine, Inc., and FH Orthopedics Inc.
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Competitive Analysis:
Growth of the sports medicine devices market is forecasted to slump due to decreased budget allocation for sports. Moreover, dearth of reimbursement policies reserved for academic sports injuries could apply brakes on market growth in the coming years. However, introduction of novel implants and prosthetics and development of performance monitoring equipment are envisaged to create ample of opportunities in the market. Technological development on the part of joint repair implants and demand for minimally invasive procedures are envisioned to be other factors pushing market growth in the next few years.
Regional Analysis:
The global sports medicine devices market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America was the major revenue contributor in 2019 and is anticipated to maintain its dominance throughout the forecast period, owing to higher adoption rate of sports medicines and increase in number of treatment procedures. Asia-Pacific is expected to possess the maximum market growth rate, due to surge in population, rise in awareness toward heath consciousness, increase in affordability, and improvement in healthcare facilities in the region.
Market Segmentation:
The Global Sports Medicine Devices Market is segmented on the lines of Product Analysis, Application Analysis and Regional Analysis. By Product Analysis this market is segmented on the basis of Accessories its covers Tapes, Disinfectants, Bandages & Wraps. By Application Analysis this market is segmented on the basis of Hand-wrist, Ankle-foot, Shoulders, Arm-elbow, Back-spine, Knee and Hip-groin.
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The Sports Medicine Devices Market report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
This report provides:
- An overview of the global market for Sports Medicine Devices and related technologies.
- Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
- Identifications of new market opportunities and targeted promotional plans for Global Sports Medicine Devices Market.
- Discussion of research and development, and the demand for new products and new applications.
- Comprehensive company profiles of major players in the industry.
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