(PharmaNewsWire.Com, January 26, 2017 ) According to the report Sports Medicine Market by Reconstruction and Repair Products, By Support and Recovery Products and by Application and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2015–2020) ", published by Market Data Forecast, the global market is projected to reach USD 8444 million by 2020, at a CAGR of 8.1% from 2015 to 2020.
Sports medicine market consists of products and procedures that are used by both amateur and professional sportspersons all over the world. Typically, they help them in preventing and curing major ailments occurred due the nature of the games. In some cases, they might enhance their performance also.
Along with usual suspects like Rising Healthcare expenditure and general awareness among people, new factors like demand for minimally invasive surgeries and technological advancement in implants are acting as the driving forces of the market. But high cost of new procedures and sub-standard infrastructure in some developing countries are constraining the growth of the market.
Reconstruction and Repair Products • Implants • Prosthetics • Arthroscopy • Fracture repair • Orthobiologics By Support and Recovery Products • Braces • Compression clothing • Monitoring Devices • Topical Pain Relief • Thermal Therapy Application • Head injuries • Shoulder injuries • Elbow and Wrist injuries • Back and Spine injuries • Hip and groin injuries • Knee injuries • Foot and Ankle injuries Geography • North America • Europe • Asia Pacific • Latin America • Middle East and Africa
Some of the major players in this market are Smith & Nephew PLC, Arthrex, Inc., össur hf, Stryker Corporation, Conmed Corporation, Zimmer Biomet, Holdings, Inc., Breg, Inc., Mueller Sports Medicine, Inc., Tornier, Inc., Skins International Trading AG, Wright Medical Technology, Inc., DePuy Mitek, Inc., 3M Company Ace Brand, OttoBock Healthcare GmbH and DJO Global, Inc.
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