Sports Medicine Device Market Segments, Opportunity, Growth and Forecast by End-use Industry 2018-2025


Posted September 3, 2019 by nikitamanwar

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts.
 
GMI Research has published a new study titled “Global Sports Medicine Devices Market by Product Type (Orthopedic Products, Support and Recovery Products, Body Repair and Reconstruction, Body Evaluation and Monitoring and Accessories), By Application (Knees, Shoulders, Ankle & Foot, Spine, Elbow & Wrist and Others) and by Geography – Opportunities & Forecast, 2018-2025”, which orates the future prospects set to strike the Global Sports Medicine Device Market during the forecast period.

Sports medicine devices are a specialized device that is widely accepted in fitness and sport medical fields to prevent and promote rehabilitation for sports-related injuries such as fractures, sprains, soft tissue damage, joint dislocation, strain, and musculoskeletal injuries, etc. Surgical and therapeutic device are two basic categories of sports medicine device which includes various types of products such as braces and supports, monitoring devices, joint implants, and arthroscopy devices, etc. Portable and wearable sports devices are becoming more popular and readily available to the general population and athletic teams due to increased media and commercial exposure, lower cost, increased availability, advancements of personal computing devices as smartphones and digital watches.

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Growing incidence of sports-related injuries, increasing government initiative and rise in awareness about physical fitness are factors which driving the market growth during the forecast period. In addition, High penetration of sports medicine device in emerging countries due to improved healthcare infrastructure, new innovative treatment, increased affordability due to rising per capita income is also expected to boost the market growth during the forecast period. Furthermore, Rise in technological advances, focus on developing cost-conscious treatment methods and the growing importance of sports activities among the young as well as the older population act as drivers for the growth of this market. However, inadequate reimbursement policies in developed countries, cost containment, lack of skilled healthcare professionals are some of the factors which hinder the growth of the market.

Various notable players operating in the market, include Smith & Nephew Plc, Johnson & Johnson, Stryker Corporation, Conmed Corporation, Arthrex, Inc, Zimmer Biomet Holdings, Inc. Wright Medical Group N.V., Otto Bock Healthcare, DJO Global, among others. Major players are focussing on research and development activities to launch innovative therapeutic in the field of sports medicine.

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The global sports medicine devices market has been segmented on the basis of product type, application and key geographies. Based on product type, the market comprises orthopedic products, support and recovery products, body repair and reconstruction, body evaluation and monitoring and accessories. The research report “global sports medicine devices market” provides in-depth analysis of global sports medicine devices market based on product type, application and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides growth, opportunity, market size, trends and forecast for the global sports medicine devices market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1- At what pace is sports medicine devices market growing? What will be the global sports medicine devices market forecast?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in sports medicine devices and global sports medicine devices market size?
4- Global sports medicine devices market outlook, application areas and how they are poised to grow?
5- Global sports medicine devices market overview, industry analysis and scope of study?

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Market Segmentation
By Product Type
• Orthopedic Products
o Arthroscopy Devices
o Fracture Repair Devices
o Artificial Joint Implants
o Orthobiologics
o Prosthesis
• Support and Recovery Products
• Body Repair and Reconstruction
o Surgical Equipment
o Bone/Cartilage Repair and Reconstruction
o Soft Tissue Repair
• Body Evaluation and Monitoring
• Accessories

By Application
• Knees
• Shoulders
• Ankle & Foot
• Spine
• Elbow & Wrist
• Others

By Geography
• North America
As a part of customization
o By Product Type
o By Application
o US
o Canada
o Mexico

• Europe
As a part of customization
o By Product Type
o By Application
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of customization
o By Product Type
o By Application
o China
o Australia
o India
o Rest of APAC

• ROW
As a part of customization
o By Product Type
o By Application
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players
• Smith & Nephew Plc
• Johnson & Johnson
• Stryker Corporation
• Conmed Corporation
• Arthrex, Inc.
• Zimmer Biomet Holdings, Inc.
• Wright Medical Group N.V.,
• Otto Bock Healthcare
• DJO Global,

*Other prominent players in the market which can be profiled as a part of customization:
• Breg Inc.
• Cayenne Medical Inc.
• FH Orthopedics Inc.
• Mueller Sports Medicine, Inc.

About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.

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Last Updated September 3, 2019