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Summary: –
Wiseguyreports.Com Adds “Sports Medicine” – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2022” To Its Research Database.
Market Synopsis:
As per the latest report on the sports medicine market, it is expected to register substantial CAGR during the forecast period. Some of the factors that are supplementing the positive growth of the sports medicine market are the rise in number of sports injuries, constant innovation in medicinal products and treatment modalities and the rising demand of surgeries that are minimally invasive in nature. According to various reports relating to sports injuries, as many as one-third of the injuries incurred in childhood are related to sports. With various leading regions such as the US and the UK having a large population engaged in various sports, there is an inherent risk of injuries, which positively drives the sports medicine market.
Typically, any injury sustained during exercise, sports participation or any type of physical activity can qualify as a sports injury that requires sports medicine. Sports medicine specialists are doctors trained to restore function to injuires inflicted by sports which enables patients to recover quickly and get back on their feet. Sports medicine specialists also help prevent illness and injury in physically active people.
Market trend for sports medicine market during the forecast period suggests that incidences of injuries are expected to mount significantly in the coming years. There in an increased level of active participation of people in sports globally, whether as a form of exercise, as a professional activity or dimoly for recreatio, which is expected to contribute towards an increase in the rate of sports-related injuries. The existing high rate of injuries in developed countries along with increasing rate of injuries in developed countries together is expected to drive the sports medicine market.
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Market Segmentation:
On the basis of type, the sports medicine market is segmented as body reconstruction products, body support recovery and accessories.
By application, the sports medicine market has been segmented as shoulder injuries, ankle foot injuries, elbow wirst injuries, back spine injuries, hip groin injuries, knee injuries and other injuries.
The body support and recovery products segment is expected to witness the fastest growth during the forecast period under consideration. Globally, there is an increasing number of sports injuries and the demand for products such as braces, supports and physiotherapy equipment is on the rise, thus driving the sports medicine market favourably.
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Regional Analysis:
Geographically, the sports medicine market is segmented as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
The countries covered by these regional segments in the sports medicine market are the US, Canada, the UK, Germany, Italy, Poland, France, China, Japan, India, Thailand, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia and the UAE.
North America is expected to be in the forefront during the forecast period. Some of the high impact rendering drivers in this region are improvement in infrastructure related to healthcare, increased focus on healthcare providers in case of trauma and related injuries. Further, Asia Pacific segment is expected to witness fast growth in the sports medicine market during the forecast period owing to an increased interest and participation in global sporting events.
Industry News
In November 2019, Chinese sports medicine company Gsport, popularly known for their kinesiology tape along with a host of other physical therapy oriented gear for athletes, fuelled predictions by making the move to expand their activities in the US market, owing to the rising value of the North American sports medicine market.
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