The Worldwide Sports Medicine Market is expected to reach $ 9,655.6 Million by the end of 2023, this market is projected to growing at a CAGR of 8.9 % during 2017-2023.

Market Synopsis of Global Sports medicine Market:

Sport Medicines is the medical branch that deals with the treatment, prevention and diagnosis of the injuries or illness of athletics or sportsman. Sports medicines plays an important part in the sports. The global sport medicine market is driven by increasing incident of sports injuries, increasing number of the sports medicine association, technological development and increasing awareness. According to US centers for diseases control, around 10 % of kids and teen participating in the sports suffer from minor or major type of injury and majority of the sports injury occur during 12-16 yr. of age. Sports like Football and baseball has the highest rate of injury. Beside this lack of safety and carelessness during practice or game is the major reason for occurrence of the sports injuries. On other hand high cost and unfavourable reimbursement policies may hamper the growth of the market.

Top 10 Players of Global Sports medicine Market:

Key players profiled in the report are Medtronics, Stryker, Zimmer Biomet, CONMED Corporation, DePuy Synthes, GE Healthcare, Smith & Nephew plc, Arthrex, Inc. and others.

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Global Sports Medicine Market – Segmentations:

MRFR has segmented the Sports Medicine Market into Five key dynamics

By Products   : Comprising Flavors Support & Recovery Products, Joint Reconstructive & Repair Products, and Accessories & Consumables, among others.

By Applications: Knee Treatment, Shoulder Treatment, Hip Treatment, and Spine Treatment, among others.

By Procedures     : Tendon to Bone, Tendinosis, and Cartilage Repair, among others.

By End-Users : Trauma Centers, Hospitals & Emergency Care, and Ambulatory Care, among others.

By Regions:  North America, Europe, APAC and Rest of the World.  

Segment Tendinosis by procedures commands the largest share market of 54% in global sports medicine market.

Global Sports Medicine Market – Geographical Analysis:

Geographically, North America accounted for the leading market for Sports Medicine, capturing 39 % of market share, valuing USD 1,883.6 Million in 2016, followed by the markets of Europe & Asia Pacific, respectively. The market is growing due to the significant contributions from the burgeoning market of the US backed by the high expenditure on healthcare coupled with the increasing prevalence of sports injuries and increasing number of sports medical centers. Moreover, growing demand for the Sports Medicine provides impetus to the market growth. Continuing with the same trends, the North America market is expected to create a larger revenue pocket in the global market by 2023.

On the other hand, Europe, the world’s second-largest market for Sports Medicine is driven by the high per capita income and well-established healthcare penetration in the region. The strong market growth in the countries like Germany & France drives the regional market growth large scale. With the increasing investment in healthcare and rising number of sports injuries, the market is projected to register a phenomenal CAGR.

Asia Pacific market for the Sports Medicine is expected to perceive an exponential growth owing to the growing markets of India & China backed by the vast population and the increasing number of sports medical centers in the region. Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the regional market growth. With the growing Medical Tourism markets in India & Malaysia, the APAC region will register a CAGR of 9.2% during the review period.

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 Major TOC FOR Global Sports Medicine Market Research Report- Forecast To 2023:

1 INTRODUCTION

1.1 DEFINITION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS & LIMITATIONS

1.2.2.1 ASSUMPTIONS

1.2.2.2 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGIES

2.1 RESEARCH PROCESS

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

3   MARKET DYNAMICS

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 MACROECONOMIC INDICATORS

T.O.C Continued…!

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