Global Sports Medicine Market – Overview
The upswing in the popularity of sports such as football, cricket, etc has increased the demand for sports medicine. Market intensive reports related with the healthcare industry among others recently have been made available by Market Research Future which issues reports on this industry. The market for sports medicine is projected to achieve revenues worth $ 9,655.6 million by the end of 2023 while developing at a CAGR of 8.9 percent in the forecast period.
Get Request Free Sample @ https://www.marketresearchfuture.com/sample_request/3503
The high rate of investments in sports has created ample opportunities for growth of the sports medicine market. The achievement of performance training and optimal health goals has enhanced the growth potential of the market. The prospects of growth in the market have increased due to the rising incidence of injuries in the sports sector. Facilities for sports medicine are highly sought-after by athletes which have led to significant development of the market. Evolving areas in the sports medicine market are expected to comprise of advances in the diagnosis and treatment of injuries with newer devices, stem cell therapies and rehabilitation modalities.
Industry Segments
The market for sports medicine is segmented on the basis of application, product, procedure and end users. The product based segmentation of the market consists of support & recovery products, joint reconstructive & repair products, accessories & consumables and others. The market segmentation on application basis consists of knee treatment, shoulder treatment, spine treatment, hip treatment, and others. Tendinosis, tendon to bone and cartilage repair are the segments of the market on the basis of procedure. The tendinosis segment has a large share in the market of around 54% in the sports medicine market by procedures globally. The end users of the market can be segmented into ambulatory care, trauma centers, hospitals & emergency care, and others.
Detailed Regional Analysis
The global Sports Medicine market appears to be fiercely competitive and fragmented with many well-established players having the global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the popular trends for the key players in the market.
Industry/ Innovation/ Related News:
May 01, 2018 – Doctors at Western Orthopedics and Sports Medicine, US announced that they would be joining the team of Community Hospital in Grand Junction from July 01, 2018. In other words, the Community Hospital has acquired the Western Orthopedics and Sports Medicine including its facility & the staff. The deal will help the hospital to keep costs down without charging any extra fees for service which would otherwise result in the higher health care costs.
Global Competitive Analysis
The global Sports Medicine market appears to be fiercely competitive and fragmented with many well-established players having the global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the popular trends for the key players in the market.
Industry/ Innovation/ Related News:
May 01, 2018 – Doctors at Western Orthopedics and Sports Medicine, US announced that they would be joining the team of Community Hospital in Grand Junction from July 01, 2018. In other words, the Community Hospital has acquired the Western Orthopedics and Sports Medicine including its facility & the staff. The deal will help the hospital to keep costs down without charging any extra fees for service which would otherwise result in the higher health care costs.
Key Global Players
Key players profiled in the report are Medtronics, Stryker, Zimmer Biomet, CONMED Corporation, and DePuy Synthes. There are more than 2,569 companies associated with sports medicines all around the world; with Arthrex, Inc. leading the global market.
Brand awareness & loyalty play a critical role in the industry. Established players must focus on product innovations and expansion strategies. The maintenance of market equity is of utmost importance, as the industry is highly integrated and specialized.
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 METHODOLOGY
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
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5 GLOBAL SPORTS MEDICINE MARKET BY PRODUCT
5.1 INTRODUCTION
5.2 JOINT RECONSTRUCTIVE & REPAIR PRODUCTS
5.2.1 IMPLANTS
5.2.2 LIGAMENT REPAIR DEVICES
5.2.3 FRACTURE
5.2.4 ARTHROSCOPY DEVICES
5.2.5 PROSTHETIC DEVICES
5.2.5 OTHERS
5.3 SUPPORT & RECOVERY PRODUCTS
5.3.1 BRACES & SUPPORT
5.3.2 THERMAL THERAPY DEVICES
5.3.3 TOPICAL PAIN RELIEF PRODUCTS
5.3.4 MONITORING DEVICES
5.3.5 OTHERS
5.4 ACCESSORIES & CONSUMABLES
5.5 OTHERS
Browse Complete Report With Consider Covid19 Impact @ https://www.marketresearchfuture.com/reports/sports-medicine-market-3503
Read similar reports by Market Research Future
Cancer Diagnostics Market
Home Healthcare Market
Needle Free Injection Market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
