Sports Medicine is a branch of medicine that deals with physical fitness and the treatment and prevention of injuries related to sports and exercise. Although most sports teams have employed team physicians for many years, it is only since the late 20th century that sports medicine has emerged as a distinct field of health care.
Sports Medicine Market Conspectus
Global Sports Medicine Market Report demonstrated that Sports Medicine market is poised to present surging growth during the predicted period from XXXX USD in 2019 to reach XXXX USD by 2026 with a CAGR of XXXX%. Global economic development, government regulations adjustment, related industry dynamics, industrial upgrading, and competition among market’s participators are some of the key factors that influence the Sports Medicine market development. A distinctive and comprehensive picture of Sports Medicine is embodied in the report.
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Major Participators Landscape
Major market participators covered in our report are Arthrex (US), Smith & Nephew (UK), DePuy Synthes (US), Stryker (US), CONMED (US), Zimmer Biomet. (US), Breg (US), DJO Global (US), Mueller Sports (US), Wright Medical Group (US), Medtronic (Ireland), RTI Surgical (US), and Performance Health International (US). These market players enjoyed broad industry coverage, outstanding operational ability, and strong financial resources. Manufacturers are focusing on product innovation, brand extension, and the introduction of new brands to cater to the preferences of consumers. Some of them will be endowed with vital future while others will show a weak growth during the prospective timeframe.
Market Dynamics Abstract
First and foremost, the market growth is primely attributed to the rising number of incidents of sports and injuries, growing awareness regarding physical fitness, and government initiatives pertaining to sports medicine increase the participation of athletes globally. Moreover, elevation in the demand for minimally invasive surgeries is another important driving factor for market growth. On the other hand, lack of skilled professionals in these fields and inappropriate administration and guidelines regarding sports medicine are factors that projected to hinder the market growth.
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Sports Medicine Type Abstract
On the basis of the type, the Sports Medicine can be bifurcated into Body Reconstruction, Body Support & Recovery, and Body Monitoring.
Body reconstruction segment is anticipated to be the largest segment of Sports Medicine market. This is attributed to the high demand for arthroscopy devices along with an increase in the transition from conventional open surgeries to minimally invasive surgeries employing orthobiologics.
Sports Medicine Application Abstract
The Sports Medicine is commonly used into Knees, Shoulders, Ankle & Foot, Back & Spine, and Elbow & Wrist, Hip.
Knees segment is projected to account for the largest share of the global sports medicine market as ACL is the most common knee injury caused due to sports.
Key Regions Overview
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, fashion trends, and economic development in these countries are also taken into consideration.
North America dominates the sports medicine market and expected to maintain dominance during the predicted period owing to the increase in awareness among people regarding physical fitness and a rise in the number of sports injuries in the region. The Asia-Pacific is anticipated to witness tremendous growth during the forecast period owing to growing government initiatives to promote sports activity, and favorable government support in reimbursement policies for sports treatment.
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