Sports Medicine Market Poised To Reach At CAGR Of 8.9% Forecast Period 2017 To 2024

Global Sports Medicine Market is expected to reach USD 34.7 billion by 2024 from USD 16.6 billion in 2016, at a CAGR of 8.9% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Sports Medicine Market, By Product Type (Orthobiologics (Bone Graft Substitutes, Viscosupplementation, BMC, PRP), Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopedic Braces and Supports), By Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand), By End Users (Orthopedic Clinics, Hospitals, Ambulatory Surgical Centers, Others), By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Industry Trends and Forecast to 2024

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Sports medicines are used to prevent, treat, diagnose, and rehabilitate injured patients related to exercise, sports, or any other physical activity. Factors such as rising incidence of new product launches, sports injuries, and developments, innovations in the field of regenerative medicine and expansion by key players in the emerging economies are expected to drive the growth of the sports medicine market. The increasing trend of arthroscopic surgeries is expected to drive the sports medicine market in the forecast period. With increasing trend towards sports as a profession the importance of sports medicine is constantly increasing along with the investment in research and development of these products.

The market is segmented on the basis of product type, body area, type, end-user, and geography.

On the basis of product type the market is segmented into orthobiologics, surgical devices, arthroscopy devices and orthopedic braces and supports. Orthobiologics are biomaterials or synthetic used as fillers or separately to align or reconstruct broken bones. They are widely used in the treatment of sports injuries such as ACL tear and others. The orthobiologics segment is further categorized into bone graft substitutes, viscosupplementation, bone marrow concentrate (BMC) and platelet rich plasma (PRP).

On the other hand the surgical devices majorly constitute of plates and screws and other accessories. The arthroscopy devices is further segmented into arthroscopy implants, arthroscopes (video and HDD), visualization systems, arthroscopy pumps and resection equipments.  The arthroscopy devices segment is expected form a major part of the market owing to the paradigm shift towards minimally invasive procedures. The orthopedic braces and supports are categorized into knee braces and supports (soft and hinged), foot and ankle braces and supports, spinal orthoses, upper extremity braces and supports and others. The orthopedic braces and supports are used in post operation rehabilitation or minor sports injuries.

The global sports medicine market is also segmented on body area into knee, hip, shoulder and elbow, foot and ankle and, hand and wrist.

Based on end-users the market is segmented into hospitals, orthopedic clinics, ambulatory surgical centers and others. The orthopedic clinics segment is expected to hold the major share of this market in 2015, owing to increased day care surgeries over inpatient arthroscopy procedures in developed markets.

The global sports medicine market is also segmented by type which includes: knee arthroscopic procedures, hip arthroscopic procedures, shoulder and elbow arthroscopic procedures, foot and ankle arthroscopic procedures, and hand and wrist arthroscopic procedures.

Based on geography the market is segmented into 5 geographical regions, North America, South America, Europe, Asia-Pacific, and Middle East and Africa. The geographical regions are further segmented into major countries such as U.S. Canada,Brazil, Argentina, Nordics,Benelux, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Australia and New Zealand, Brazil, India, Russia, South Africa and many others.

The Global sports medicine market is highly fragmented with various companies operating in local regions. To increase their footprints in this market the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others. In June 2016, DJO Global, a leading global provider of medical technologies, launched the Clima-Flex OA Knee Brace offering a new level of comfortable cooling relief through compression and offloading for patients with mild to moderate osteoarthritis knee pain.

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Some of the major Companies operating in this market are:

  • Arthrex, Inc.
  • Smith and Nephew
  • Medtronic
  • Stryker
  • Conmed Corporation
  • Zimmer, Inc.
  • DJO Global
  • Ossur Corporate
  • Ottobock Healthcare GmbH
  • Breg, Inc.
  • Tornier, Inc.
  • Mueller Sports Medicine, Inc.
  • Cramer Products, Inc.
  • RTI Surgical
  • ArthroCare
  • Biomet
  • Bird and Cronin, Inc.
  • Cayenne Medical, Inc.
  • DePuyMitek, Inc.
  • Ossur

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Table of Content:

  1. INTRODUCTION

1.1. OVERVIEW OF THE GLOBAL SPORTS MEDICINE MARKET

1.2. MARKET SEGMENTATION & COVERAGE

1.2.1. CURRENCY AND PRICING

1.2.2. LIMITATION

1.2.3. STAKEHOLDERS

  1. RESEARCH METHODOLOGY

2.1. KEY TAKEAWAYS

2.2. ARRIVING AT THE GLOBAL SPORTS MEDICINE MARKETSIZE

2.3. GLOBAL SPORTS MEDICINE MARKET: RESEARCH SNAPSHOT

2.4. ASSUMPTIONS

  1. MARKET LANDSCAPE SUMMARY
  2. PREMIUM INSIGHTS

4.1. OVERVIEW

4.2. GLOBAL SPORTS MEDICINE MARKET: KEY PRIMARY INSIGHTS

4.3. MARKET OVERVIEW

4.3.1. DRIVERS

4.3.2. RESTRAINTS

4.3.3. OPPURTUNITIES

4.3.4. THREATS

4.4. KEY MARKET TRENDS AND UPCOMING TECHNOLOGIES

  1. EXECUTIVE SUMMARY
  2. SPORTS MEDICINE MARKET, BY PRODUCT TYPE

6.1. OVERVIEW

6.2. ORTHOBIOLOGICS MARKET, BY PRODUCT TYPE

6.3. SURGICAL DEVICES MARKET, BY PRODUCT TYPE

6.4. ARTHROSCOPY DEVICES MARKET, BY PRODUCT TYPE

6.5. ORTHOPEDIC BRACES AND SUPPORTS, BY PRODUCT TYPE

  1. SPORTS MEDICINE MARKET, BY BODY AREA

7.1. OVERVIEW

7.2. KNEE

7.3. HIP

7.4. SHOULDER AND ELBOW

7.5. FOOT AND ANKLE

7.6. HAND AND WRIST

  1. SPORTS MEDICINE MARKET, BY TYPE

8.1. OVERVIEW

8.2. KNEE ARTHROSCOPIC PROCEDURES

8.3. HIP ARTHROSCOPIC PROCEDURES

8.4. SHOULDER AND ELBOW ARTHROSCOPIC PROCEDURES

8.5. FOOT AND ANKLE ARTHROSCOPIC PROCEDURES

8.6. HAND AND WRIST ARTHROSCOPIC PROCEDURES`

  1. SPORTS MEDICINE MARKET, BY END USERS

9.1. OVERVIEW

9.2. ORTHOPEDICS CLINICS

9.3. HOSPITALS

9.4. AMBULATORY SURGICAL CENTERS

9.5. OTHERS

  1. SPORTS MEDICINE MARKET, BY GEOGRAPHY

10.1. REGION WISE SPORTS MEDICINE MARKET,(ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY REGION)

10.1.2. EUROPE

10.1.3. ASIA-PACIFIC (APAC)

10.1.4. LATIN AMERICA

10.1.5. MIDDLE EAST AND AFRICA

10.2. KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES

  1. SPORTS MEDICINE MARKET: COMPETITIVE LANDSCAPE
  2. SPORTS MEDICINE MARKET, COMPANY PROFILES

12.1. ARTHREX, INC

12.2. SMITH AND NEPHEW

12.3. MEDTRONIC

12.4. STRYKER

12.5. CONMED CORPORATION

12.6. ZIMMER, INC

12.7. DJO GLOBAL

12.7.1. COMPANY OVERVIEW

12.7.2. SWOT ANALYSIS

12.7.3. REVENUE ANALYSIS

12.7.4. PRODUCT PORTFOLIO

12.7.5. RECENT DEVELOPMENTS

12.7.6. DATA BRIDGE ANALYSIS

12.8. OSSUR CORPORATE

12.8.1. COMPANY OVERVIEW

12.8.2. SWOT ANALYSIS

12.8.3. REVENUE ANALYSIS

12.8.4. PRODUCT PORTFOLIO

12.8.5. RECENT DEVELOPMENTS

12.8.6. DATA BRIDGE ANALYSIS

12.9. OTTOBOCK HEALTHCARE GMBH

12.9.1. COMPANY OVERVIEW

12.9.2. SWOT ANALYSIS

12.9.3. REVENUE ANALYSIS

12.9.4. PRODUCT PORTFOLIO

12.9.5. RECENT DEVELOPMENTS

12.9.6. DATA BRIDGE ANALYSIS

12.10. BREG, INC

12.10.1. COMPANY OVERVIEW

12.10.2. SWOT ANALYSIS

12.10.3. REVENUE ANALYSIS

12.10.4. PRODUCT PORTFOLIO

12.10.5. RECENT DEVELOPMENTS

12.10.6. DATA BRIDGE ANALYSIS

12.11. TORNIER, INC

12.11.1. COMPANY OVERVIEW

12.11.2. SWOT ANALYSIS

12.11.3. REVENUE ANALYSIS

12.11.4. PRODUCT PORTFOLIO

12.11.5. RECENT DEVELOPMENTS

12.11.6. DATA BRIDGE ANALYSIS

12.12. MUELLER SPORTS MEDICINE INC

12.12.1. COMPANY OVERVIEW

12.12.2. SWOT ANALYSIS

12.12.3. REVENUE ANALYSIS

12.12.4. PRODUCT PORTFOLIO

12.12.5. RECENT DEVELOPMENTS

12.12.6. DATA BRIDGE ANALYSIS

12.13. CRAMER PRODUCTS, INC

12.13.1. COMPANY OVERVIEW

12.13.2. SWOT ANALYSIS

12.13.3. REVENUE ANALYSIS

12.13.4. PRODUCT PORTFOLIO

12.13.5. RECENT DEVELOPMENTS

12.13.6. DATA BRIDGE ANALYSIS

12.14. RTI SURGICAL.

12.14.1. COMPANY OVERVIEW

12.14.2. SWOT ANALYSIS

12.14.3. REVENUE ANALYSIS

12.14.4. PRODUCT PORTFOLIO

12.14.5. RECENT DEVELOPMENTS

12.14.6. DATA BRIDGE ANALYSIS

12.15. ARTHROCARE

12.15.1. COMPANY OVERVIEW

12.15.2. SWOT ANALYSIS

12.15.3. REVENUE ANALYSIS

12.15.4. PRODUCT PORTFOLIO

12.15.5. RECENT DEVELOPMENTS

12.15.6. DATA BRIDGE ANALYSIS

12.16. BIOMET

12.16.1. COMPANY OVERVIEW

12.16.2. SWOT ANALYSIS

12.16.3. REVENUE ANALYSIS

12.16.4. PRODUCT PORTFOLIO

12.16.5. RECENT DEVELOPMENTS

12.16.6. DATA BRIDGE ANALYSIS

12.17. BIRD AND CRONIN, INC

12.17.1. COMPANY OVERVIEW

12.17.2. SWOT ANALYSIS

12.17.3. REVENUE ANALYSIS

12.17.4. PRODUCT PORTFOLIO

12.17.5. RECENT DEVELOPMENTS

12.17.6. DATA BRIDGE ANALYSIS

12.18. CAYENNE MEDICAL, INC

12.18.1. COMPANY OVERVIEW

12.18.2. SWOT ANALYSIS

12.18.3. REVENUE ANALYSIS

12.18.4. PRODUCT PORTFOLIO

12.18.5. RECENT DEVELOPMENTS

12.18.6. DATA BRIDGE ANALYSIS

12.19. DEPUY MITEK, INC

12.19.1. COMPANY OVERVIEW

12.19.2. SWOT ANALYSIS

12.19.3. REVENUE ANALYSIS

12.19.4. PRODUCT PORTFOLIO

12.19.5. RECENT DEVELOPMENTS

12.19.6. DATA BRIDGE ANALYSIS

12.20. OSSUR

12.20.1. COMPANY OVERVIEW

12.20.2. SWOT ANALYSIS

12.20.3. REVENUE ANALYSIS

12.20.4. PRODUCT PORTFOLIO

12.20.5. RECENT DEVELOPMENTS

12.20.6. DATA BRIDGE ANALYSIS

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