Sports Medicine Devices Market 2019 Growth Drivers – DJO Global, Zimmer Biomet, DePuy Synthes, Wright Medical Group N.V., Arthrex, CONMED Corporation, Mueller Sports Medicine, and RTI Surgical

The global sports medicine devices market accounted to US$ 5,822.6 Mn in 2017 and is expected to grow at a CAGR of 7.9% during the forecast period 2018 – 2025, to account to US$ 10,662.5 Mn by 2025. 

The prominent players operating in sports medicine devices market are DJO Global, Zimmer Biomet, STRYKER, Smith & Nephew, DePuy Synthes, Wright Medical Group N.V., Arthrex, Inc., CONMED Corporation, Mueller Sports Medicine, Inc., and RTI Surgical, Inc.

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The market players are focused towards introducing new and innovative products in the market to sustain their position in the market. For instance, in July, 2018, Wright Medical Group N.V launched PROstep Minimally Invasive Surgery System. The system provides a minimally invasive, that involves specially designed implants and instrumentation for percutaneous surgery of the foot. These product innovations and launches are expected to propel the growth of the sports medicine devices market during the forecast period.

Body Reconstruction and Repair are driving the market for sports medicine devices over the forecast period, in the product segment

Global sports medicine devices market, based on the product was body reconstruction and repair, body support and accessories. In 2017, the body reconstruction and repair segment held the largest share of the market, by product. The segment is also expected to witness growth at a significant rate during the forecast period, due to its benefits such as, reduced pain and swelling, better functioning, and early repairing of the damaged body part.

The market for sports medicine devices is expected to grow significantly due to Increasing Incidences of Sports Injuries, rising demand for minimally invasive methods as well as the presence of various sports medicine associations. In addition, the introduction of advanced technology in the field of sports medicine devices is anticipated to have a positive impact on the growth of the sports medicine devices market in the coming years.

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SPORTS MEDICINE DEVICES – MARKET SEGMENTATION

By Product

Body Reconstruction and Repair
Fracture and Ligament Repair Devices
Orthobiologics
Arthroscopy Devices
Prosthetic
Body Support
Braces
Thermal Therapy Devices
Topical Pain Relief
Compression Clothing
Others
Accessories

By Application

Knee
Shoulder
Ankle/Foot
Elbow & Wrist
Others
By Geography

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Posted by on Thursday October 10 2019, 1:45 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Healthcare, Medical Devices, Pharmaceuticals. Comments and Trackbacks are open. Follow responses: RSS 2.0

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