Sports Medicine Market Size 2021 Industry Share, Trends Evaluation, Global Growth, Recent Developments, Latest Technology and 2027 Future Forecast Research Report with Covid-19 Impact
Sports
Medicine Market Information; By Product (Joint Reconstructive & Repair
Products, Support & Recovery Products, Accessories & Consumables,
Others), By Application (Shoulder Treatment, Knee Treatment, Hip Treatment,
Spine Treatment, Others), By Procedure (Tendinosis, Tendon to Bone, Cartilage
Repair) and By End-User (Hospitals & Emergency Care, Trauma Centers,
Ambulatory Care, Others) - Global Forecast to 2027
Sports Medicine Market Highlights
The global sports medicine market is
predicted to surpass USD 9,655.6 million at 8.9% CAGR over the predicted years
(2017-2023). Sports medicine simply put, is a branch of medicine that deals
with both the prevention as well as treatment of injuries associated to games,
sports and exercise. Along with managing injuries, sports medicine uses
exercise intervention as well for preventing and managing chronic diseases
namely obesity, diabetes and hypertension. The various forms of injuries that
sports medicine doctors generally treat include cartilage injuries, eating
disorders, concussions, heat illness, exercise-induced asthma, tendonitis,
shoulder and knee injuries, fractures and ankle sprains. These days people have
become more conscious about their health. Various programs on social media and
increasing health education lessons taught in school has increased people’s
awareness about health. Thus, a major part of the populace is turning to sports
as an extracurricular activity and more so to maintain their health. Both
elderly and young people alike have adopted sports which has increased sports
related injuries all over the world.
There are plentiful factors
that is boosting the growth of the sports medicine market. These factors as per
the Market Research Future (MRFR) report include increasing incidences of
injuries that are sports related, growing awareness amid people about physical
fitness, government initiatives related to sports medicine, demand for
surgeries that are minimally invasive, technological advancements in
instruments, technologies and implants for joint repair, growing number of
sports medicine centers, introduction of better and new surgical procedures and
constant innovation in R&D. On the contrary, scarcity of skilled experts in
this field, inappropriate guidelines and administration concerning sports
medicine and high treatment cost are factors that may deter the growth of the
sports medicine market over the predicted years.
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Market
Segmentation
MRFR report provides an
extensive segmental analysis of the sports medicine market on the basis of product,
application, procedure and end user.
Based on product, it is
segmented into accessories and consumables, support and recovery products,
joint reconstructive and repair products and others. Of these, joint
reconstructive and repair products will have maximum share in the market over
the predicted years.
Based on application, the
sports medicine market is segmented into spine treatment, hip treatment, knee
treatment, shoulder treatment and others. Of these, knee treatment will
dominate the market over the predicted years.
Based on end user, it is
segmented into ambulatory care, trauma centers, hospitals and emergency care
and others.
Regional
Analysis
By region, the sports medicine
market covers growth opportunities and latest trends across North America,
Europe, Asia Pacific and Middle East and Africa. Of these, North America will
have mammoth share in the market over the predicted years. This is due to
growing number of sports medical centres and growing occurrence of sports
injuries in this region. The sports medicine market in the European region will
have the second major share in the market followed by the APAC region. The
sports medicine market in the APAC region is anticipated to grow at the fastest
pace over the predicted years owing to increasing awareness regarding health
and sports coupled with constant development in the healthcare sector. On the
other hand, the sports medicine market in the Middle East and African region is
poised to have minimal share over the predicted years.
Key
Players
Leading players profiled in the
sports medicine market include Arthrex, Inc, Smith & Nephew plc, GE
Healthcare, DePuy Synthes, CONMED Corporation, Zimmer Biomet, Medtronics,
Stryker, and others.
April 2019- New York
Presbyterian together with Columbia University Irving Medical Center
physicians, lately has expanded their sports medical practice. They have opened
an advanced training centre in Westchester County which is staffed with their
leading sports performance coaches, therapists and sports medicine doctors.
This 9,600 square-foot facility will deliver services for all including elite
professionals, weekend warriors and high school athletes. The service portfolio
will comprise of methods for injury recovery, enhancing performance and
returning to sport. It is a unique program which will serve both athletes and
orthopedic patients of every age and performance level. The goal of this
program is in delivering specialized game plans as well as solutions to people
of every performance level to aid them attain higher success levels every day.
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work like this in the future also.satta king
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