(MENAFNEditorial) iCrowdNewswire - Dec 11, 2017
The International is estimated to represent a global market of USD 6.68 billion by 2017 with growth rate of 7.5%. Sport medicine includes the medicines that can be used for treatment and prevention of injuries related to the exercise and sports. Sport medicine term is broad team that involves physiologists, kinesiologists, athletetrainers, physicaltherapists, physical educators and many others. Product segment is divided into Body Monitoring, Body Reconstruction, Body Support, and Sports Accessories. Body reconstruction and support devices collectively captured more than 50% share of the global market.
Exclusive Sample Report @ .
High usage coupled with technological advancement has supported the market growth of these segments. Body monitoring segment is categorized as Cardiac, Hemodynamic, Musculoskeletal and Others. Body Reconstruction is further divided into Surgical equipment, Soft tissue repair, and Bone reconstruction devices. Body support devices is categorized as Braces devices, Compression clothing, and Hot & cold therapy. Hot and cold therapy is primarily used to control swelling. This is the safest and one of the most effective therapy for sport injuries. Heat can be applied through a heating pad, heat bag, hot water bottle, heat lamp, and deep heat cream. Heat helps dilate blood vessels that in the end bring more blood to the site stimulating healing of damaged tissue. Moreover, heat can also ease stiffness by making tissue suppler. Cold therapy is used for soft tissue injuries to control bleeding, prevent inflammation, and to reduce muscle spasm. Companies such as Medtronic, Smith & Nephew, Stryker, Conmed, Wright Medical Technology and others are present in this market. Stryker is considered to be one of the prominent player of this market. The company offers products and services related to medical, surgical, orthopedic, sports medicine, and neurotechnology.
Accessories include bandages, tapes, disinfectants, wraps, and other accessories, such as scissors, cutters, blister packs, etc. Bandages dominated accessories segment in 2015. Increasing incidents of injuries where there is need to prevent infection, is anticipated to contribute to the growth of this segment. Sport medicine market, by application segment is categorized as Knees, Shoulders, Back & Spine, Hips, and Others. Knee devices accounted for the largest share of the global market in 2016. This segment is anticipated to maintain its leading position with rising volume of knee surgeries. The high cost of these devices and longer follow up period are the major factors challenging the market growth.
Moreover, stringent regulatory guidelines for approval of class III medical devices are slowing the approval process of orthopedic devices. Thus, the overall impact of these factors is expected to lead the market to significant share compared to other applications.
Order a Copy @ .
Regionally, the market is categorized as North America, Europe, Asia Pacific, and Rest of the World. Around 49.36% share of the global market revenue is captured by North American countries, dominated by the U.S. market. Increasing number of orthopedic procedures because of high prevalence of accidents caused during physical activity has supported the sports medicine market growth in this region. For instance, according to the CDC, around 51.4 million orthopedic procedures were performed in the U.S. in 2015. Highest prevalence of orthopedic conditions coupled with high adoption of advanced treatment procedures is fuelling the growth of the market in the U.S. Asia Pacific region is seen as promising market, growing at 9.1% growth rate over the forecast period. Countries such as India, Japan and China exhibits their great potential to capture significant revenue share of the total Asia Pacific market. For example, Japan has presence of a large number of implant manufacturers in the country. The country has a higher health care expenditure as compared to the other countries in the region. Moreover, high adoption rate of the new technology and presence of various hazardous individual sports within the region are expected to fuel the growth of the sports medicine market.
Companies such as Medtronic, Smith & Nephew, Stryker, Conmed, Wright Medical Technology and others are present in this market. Stryker is considered to be one of the prominent player of this market. The company offers products and services related to medical, surgical, orthopedic, sports medicine, and neurotechnology. The product offerings include joint replacement solutions, trauma products, micro and spine implant systems, powered surgical instruments, orthobiologics, endoscopic products, patient handling equipment, emergency equipment, and surgical navigation systems.
Major TOC of Sports Medicine Market:
TABLE OF CONTENTS
SPORTS MEDICINE MARKET OVERVIEW
Study Scope
Base Year
Assumption and Methodology
EXECUTIVE SUMMARY
Key Market Facts
Geographical Scenario
Companies in the Market
SPORTS MEDICINE KEY MARKET TRENDS
Market Drivers
Impact Analysis of Market Drivers
Market Restraints
Impact Analysis of Market Restraints
Market Opportunities
Market Future Trends
SPORTS MEDICINE INDUSTRY STUDY
Porter's Analysis
Market Attractiveness Analysis
Regulatory Framework Analysis
SPORTS MEDICINE MARKET LANDSCAPE
Market Share Analysis
Key Innovators
TOC Continued……!
Ask to Expertise @ .
About US:
Reportsworldwide.com is a one stop shop for all market intelligence needs. Our database of market research reports provides in depth coverage of 12 top industry verticals worldwide. We help you meet your market intelligence needs by mapping it with our database of market research reports including.
Contact Information:
Contact Us:
Email:
Phone: +1 (617) 398-1947
MENAFN1112201700703403ID1096219640
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.