Hyderabad, India -- (SBWIRE) -- 01/29/2018 -- According to a new market research report on " Sports Medicine Market by Reconstruction and Repair Products (Implants, prosthetics, Arthroscopy, Fracture repair and Orthobiologics), By Support and Recovery Products (Braces, Compression clothing, Monitoring Devices, Topical Relief Pain and Thermal Therapy), By Application (Head injuries, Shoulder injuries, Elbow and Wrist injuries, Back and Spine injuries, Hip and groin injuries, Knee injuries, Foot and Ankle injuries) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2015–2020)", published by MarketDataForecast. The Global Sports Medicine Market was priced $ 5720 million in 2015 and calculable to be growing at a CAGR of 8.1%, to achieve $ 8444 million by 2020, within the mentioned forecast period. Sports medicine is a branch of medicine that is involved in prevention, treatment of injuries, physical fitness and alternative aspects that are associated with exercise and sports. A sports injury involves both bone and soft tissue injuries. The sports medicine market includes devices that are used for the prevention of sports injuries likewise as for the cure, recovery, and rehabilitation of such injuries. In some cases, they may be used to enhance their performance also.

Browse Market Data Tables and Figures spread through 176 Pages and in-depth TOC on"Sports Medicine Market"
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The global sports medicine market is principally driven by factors like rising awareness among athletes related to physical and health fitness, Encouragement from several governments like increase in the budget allotments to the sports sector, Recent technological advancements within the field of medicine and Increase in the demand for minimally invasive procedures within the treatment of sport-related injuries and surgeries.

However, the high price of latest procedures and sub-standard infrastructure in some developing countries, lack of correct compensation to the sport-related injuries has additionally been a significant challenge faced by the medicine are restrictive to the expansion of the market.

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The fragmentation of Global Sports Medicine market is done on the basis of product and application. On the idea of the product, the Sports Medicine market is divided into Support, Reconstruction, Recovery, and Repair Products. Support and Recovery Product segment is again subdivided into Monitoring Devices, Braces, Topical Relief Pain and Thermal Therapy, Compression clothing. Additionally, Reconstruction and Repair Product segment is categorized as Fracture, Implants, Arthroscopy, and Ligament repair and Orthobiologics, prosthetics. Orthobiologics is that the most promising section of all, because of rising international awareness of injuries in sports. USA, Europe and Japan with their dominant sporting cultures and developed economies occupy regarding three-fourths of the market. On the basis of Application, the market is classified as Spine injuries, Head injuries, groin injuries, Shoulder injuries, Elbow injuries, and Back injuries, Wrist injuries, Hip injuries, and, Knee injuries and Foot injuries, and Ankle injuries.

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On the principle of geographical analysis, the worldwide sports medicine market is classified into varied regions namely Middle East, North America, Europe, Latin America, and Asia-Pacific, Africa. The USA is the leading force in the market, however, Asia is witnessing immense growth, considering the population figures and growing incidences of sports connected injuries.

Some of the main firms dominating the sports medicine market are DePuy Mitek, Inc., OttoBock Healthcare GmbH, Arthrex Inc., Skins International Trading AG, Smith & Nephew PLC, Wright Medical Technology Inc., DJO Global, Inc, Holdings Inc., Zimmer Biomet, Stryker Corporation, 3M Company Ace Brand, Conmed Corporation, Tornier, Inc, Breg Inc., Mueller Sports Medicine Inc, össur hf.

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments

Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence

Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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