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Sports medicine is a branch of medicine that deals with the prevention and treatment of injuries incurred during sports activities, exercises or physical fitness training. Sports medicine devices therefore, include a wide range of products utilized for the prevention, recovery and cure of injuries related to the above physical activities. These injuries consist of fractures, sprains, soft tissue damage, joint dislocation, strain and musculoskeletal injuries.
Rise in technological advances and growing importance of sports activities among the young as well as the older population as well as focus on developing cost-conscious treatment methods currently form major drivers for the growth of this market. Demand for arthroscopic procedures is expected to grow in the near future owing to the increase in geriatric population and sports injuries across the globe. A rise in disposable incomes in developing countries has boosted the confidence of OEMs towards these regions. However, unfavorable reimbursement policies in developed countries are expected to have negative impact on the market growth across the globe.
Market Analysis and Insights: Global Sports Medicine Devices Market
The global Sports Medicine Devices market was valued at US$ 7155.1 in 2020 and will reach US$ 9158.5 million by the end of 2027, growing at a CAGR of 4.2% during 2022-2027.
Global Sports Medicine Devices Scope and Market Size
The global Sports Medicine Devices market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sports Medicine Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Orthopedic Products
Support & Recovery Products
Body Repair & Reconstruction
Body Evaluation and Monitoring
Segment by Application
Hand-Wrist
Shoulders
Ankle-Foot
Knee
Back-Spine
The Sports Medicine Devices market is analysed and market size information is provided by regions (countries). Segment by Application, the Sports Medicine Devices market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Arthrex
Biomet
Smith & Nephew
Stryker
BSN medical
Cramer Sports Medicine
DJO Global
Mitek Sports Medicine
Wright Medical Technology
Zimmer
Rise in technological advances and growing importance of sports activities among the young as well as the older population as well as focus on developing cost-conscious treatment methods currently form major drivers for the growth of this market. Demand for arthroscopic procedures is expected to grow in the near future owing to the increase in geriatric population and sports injuries across the globe. A rise in disposable incomes in developing countries has boosted the confidence of OEMs towards these regions. However, unfavorable reimbursement policies in developed countries are expected to have negative impact on the market growth across the globe.
Market Analysis and Insights: Global Sports Medicine Devices Market
The global Sports Medicine Devices market was valued at US$ 7155.1 in 2020 and will reach US$ 9158.5 million by the end of 2027, growing at a CAGR of 4.2% during 2022-2027.
Global Sports Medicine Devices Scope and Market Size
The global Sports Medicine Devices market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sports Medicine Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Orthopedic Products
Support & Recovery Products
Body Repair & Reconstruction
Body Evaluation and Monitoring
Segment by Application
Hand-Wrist
Shoulders
Ankle-Foot
Knee
Back-Spine
The Sports Medicine Devices market is analysed and market size information is provided by regions (countries). Segment by Application, the Sports Medicine Devices market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Arthrex
Biomet
Smith & Nephew
Stryker
BSN medical
Cramer Sports Medicine
DJO Global
Mitek Sports Medicine
Wright Medical Technology
Zimmer
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