The Sports Medicine Devices by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Sports Medicine Devices, The sports medicine devices market size has grown strongly in recent years. It will grow from $7.44 billion in 2023 to $8.06 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to military operations and conflicts, rise in commercial aviation, global geopolitical changes, regulatory standards and compliance, fluctuations in fuel prices..
The sports medicine devices market size is expected to see strong growth in the next few years. It will grow to $11 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to growing military expenditure, expansion of commercial aviation, technological advancements in refueling systems, global geopolitical changes, adoption of sustainable aviation fuels.. Major trends in the forecast period include automation in refueling systems, use of unmanned aerial vehicles (uavs), adoption of autonomous technologies, advanced fueling techniques, enhanced safety measures..
The rise in sports injuries is expected to boost the growth of the sports medicine device market going forward. Sports injury refers to the various types of wounds that commonly occur during athletic activity. Sports medicine devices are utilized for more than just injury treatment, they can also be used for performance training, physical therapy, and injury prevention, hence, the rise in sports injuries is expected to boost the sports medicine devices market. For instance, according to a report published by the National Safety Council (NSC), a US-based public service organization promoting health and safety, Injuries from sports and recreation have increased by 20% in 2021. Injuries occurring while using recreational and leisure equipment required emergency care for 3.2 million people in 2021. Males are harmed approximately twice as often as females (2,158,887 females vs. 4,148,404 males), and 91% of injury victims are treated and released from emergency departments in 2021. Therefore, the rise in sports injuries is driving the growth of the sports medicine device market.
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The sports medicine devices market covered in this report is segmented –
1) By Product: Orthopedic Devices, Body Reconstruction And Repair, Body Support And Recovery, Body Monitoring And Evaluation, Accessories
2) By Orthopedic Product: Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologic
3) By Recovery And Support Product: Braces, Performance Monitoring Devices, Accessories, Other Recovery Products
4) By Application: Knee Injury, Shoulder Injury, Ankle-Foot Injury, Back-Spine Injury, Hand-Wrist Injury, Hip-Groin Injury, Arm-Elbow Injury
5) By End Users: Ambulatory Surgical Centers, Hospitals, Orthopaedic Clinics, Other End Users
Technological advancement is the key trend gaining popularity in the sports medicine device market. Major companies operating in the sports medicine device market are focusing on developing new technologies. For instance, in September 2021, Smith & Nephew, a UK-based medical technology company, launched the JOURNEY II Medial Dished (MD). The product is distinguished by its ability to provide more normal kinematics regardless of the state or absence of the posterior cruciate ligament (PCL). The whole JOURNEY II collection is designed to mimic the normal forms, postures, and mobility of the healthy knee.
The sports medicine devices market report table of contents includes:
1. Executive Summary
2. Sports Medicine Devices Market Characteristics
3. Sports Medicine Devices Market Trends And Strategies
4. Sports Medicine Devices Market - Macro Economic Scenario
5. Global Sports Medicine Devices Market Size and Growth
6. Sports Medicine Devices Market Segmentation
7. Sports Medicine Devices Market Regional And Country Analysis
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27. Sports Medicine Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Medicine Devices Market
29. Sports Medicine Devices Market Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Arthrex Inc.
- Conmed Corporation
- DJO LLC
- Johnson & Johnson Services Inc.
- Stryker Corp.
- Smith & Nephew PLC
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The Global Sports Medicine Devices Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product type and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Geography – North AmericaFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Sports Medicine Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10603-sports-medicine-devices-market-reportThe report also covers the complete competitive landscape of the global Sports Medicine Devices market with company profiles of key players such as:Arthrex, Inc.Arthrocare CorporationBiomet, Inc.Breg Inc.Cayenne Medical Inc.FH Orthopedics Inc.Mueller Sports Medicine, Inc.Smith & Nephew Inc.Wright Medical Group Inc.Zimmer Inc.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product Type:Orthopedic ProductsArthroscopy DevicesFracture Repair DevicesArtificial Joint ImplantsOrthobiologicsProsthesisSupport and Recovery ProductsBody Recovery and SupportThermal Therapy (Cold/Hot Therapy)Support Devices and BracesCompression ClothingAnalgesics (Topical Pain Relief)Body Repair and ReconstructionSurgical EquipmentBone/Cartilage Repair and ReconstructionSoft Tissue Repair (Tendon and Ligament Repair)Body Evaluation and MonitoringRespiratoryHemodynamicCardiacMusculoskeletalAccessoriesTapesBandagesDisinfectantsWrapsBy Applications:Hand-wristShouldersAnkle-footArm-elbowKneeBack-spineHip-groinBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Sports Medicine Devices Market @ https://www.decisiondatabases.com/contact/download-sample-10603The Global Sports Medicine Devices Market has been exhibited in detail in the following chapters –Chapter 1 Sports Medicine Devices Market PrefaceChapter 2 Executive SummaryChapter 3 Sports Medicine Devices Industry AnalysisChapter 4 Sports Medicine Devices Market Value Chain AnalysisChapter 5 Sports Medicine Devices Market Analysis By Product TypeChapter 6 Sports Medicine Devices Market Analysis By ApplicationsChapter 7 Sports Medicine Devices Market Analysis By GeographyChapter 8 Competitive Landscape Of Sports Medicine Devices CompaniesChapter 9 Company Profiles Of Sports Medicine Devices IndustryPurchase the complete Global Sports Medicine Devices Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10603Other Reports by DecisionDatabases.com:Global Photomedicine Devices And Technologies Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sports Medicine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Telemedicine Technologies And Services Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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