Sports Medicine Market 2018 to worth USD 9,655.6 million with CAGR of 8.9 % till 2023 | by Procedure Tendinosis, Tendon to Bone, Cartilage Repair – Declares MRFR

Sports Medicine Market
Complete Study of “Sports Medicine Market” Research Report is added on MarketResearchFuture.com with Latest Advancement. Report covered In a Segregated way like Segmentation with sub segments, Growth Barrier, Major Drivers, Renowned Players strategies and Mega Trends. Outlet till 2023

Sports Medicine Market – Insights:

Sport medicines is a medical branch which deals with the treatment, prevention, and diagnosis of the injuries of the athletes. Sports medicines plays an important part in the sports. Many drivers and restrains affects the growth of the market during the forecast period. Increasing prevalence of sports injuries, increasing number of sports medicine associations, rising awareness alongside of the technological development are the major drivers for the market.

The global sports medicine market is growing with the rapid pace. According to a recent study report published by the Market Research Future, the global sports medicine market is booming and expected to gain prominence over the forecast period.

From last couple of decades, more people are attracted towards different sports. Increasing awareness about fitness made people from different age groups to participate and join different sports clubs.

Request Premium Sample copy athttps://www.marketresearchfuture.com/sample_request/3503

This lead to more frequent sports injuries. According to the Centers for Disease Control and Prevention, on an average about 8.6 million sports and recreation related injuries episodes were reported in 2016.

Moreover, it was estimated that males and people aged from 5 years to 24 years accounted for more than one-half of the injury episodes. On the other hand, factors like lack of skilled labours along with high cost may restrain the market growth during the forecast period. However, the presence of opportunities like rise in influx of athletes and technological advances in sports medicines have the potential for the market growth.

Top Players:

Medtronic

Zimmer Biomet

DePuy Synthes

Smith & Nephew plc

Stryker

And others.

Regional Analysis:

By region, the global sports medicine market has been segmented into North America, Europe, Asia Pacific, and, Middle East and Africa.

Get Prime Discount at https://www.marketresearchfuture.com/check-discount/3503

North America is the leading market globally and accounted for 39% of the market size in 2016 with a market valuation of USD 1,883.6 Mn. According to a report published by the Centers for Disease Control (CDC), the U.S., high school athletes accounts for around 2 million sports injuries every year. The rising count of sports injuries in the region is one of the key drivers of the market.

Europe holds the second spot in terms of market size and is poised to retain its influence throughout the forecast period. The accelerated rate of sports activities in the region has paved the way for the upward shift in the demand curve of sports medicines owing to rising count of sports injuries. Furthermore, increasing awareness on the consumer’s side coupled with the growth strategies of key players has also fueled the market expansion in the region.

Asia Pacific region is set to thrive saliently over the assessment period at a robust CAGR of 9.2% and will demonstrate the steepest rise in the growth curve. The factors favoring market expansion in the region are developments in the healthcare sector, increasing sports associations, rising awareness about health and sports medicines, etc. Middle East & Africa market will grow at the slowest pace with the least market share over the next couple of years.

Market segmentation:

By product, global sports injuries market has been segmented into joint reconstructive & repair products, support & recovery products, accessories & consumables and others.

By application, the market is segmented into shoulder treatment, knee treatment, hip treatment, spine treatment, and others.

By procedure, the market is segmented into tendinosis, tendon to bone, and cartilage repair. The tendinosis segment is poised to captivate the most substantial fraction of market revenue during the projection period.

By end-user, the market has been segmented into hospitals & emergency care, trauma centers, ambulatory care, and others.

Get Customized Report with niche Segments, Vital Players and Overall Segments at https://www.marketresearchfuture.com/enquiry/3503

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.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/sports-medicine-market-3503