Sports Medicine Market Growth Analysis by Product Type, Applications, Regional Outlook, Technology, Opportunity 2020-2027|| Smith & Nephew, Zimmer Biomet, Stryker, Breg, Medtronic, Bird & Cronin, Arthrex, Wright Medical Group N.V.
Pune, Maharashtra, India, January 29 2021(Wiredrelease) Data Bridge Market Research:Sports Medicine Market report is a Professional and In-Depth Study on the current situation of the global Sports Medicine industry with a focus on the market.The Latest research study on Global Sports Medicine Market Size, Growth Analysis, Industry Trend, and Forecast to 2027, offers a detailed overview of the factors influencing the global business scope. This report provides future products, joint ventures, marketing strategy, developments, mergers and acquisitions, and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values, the industry as a whole, and the particular competitors faced are also studied in the large scale Sports Medicine market.
Sports medicine market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.9% in the forecast period of 2020 to 2027 and is expected to reach USD 8,453.18 million by 2027.
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Sports Medicine Market Scenario:-
Sports medicine includes various types of body reconstruction products such as implants, fracture and ligament repair products, arthroscopy devices, prosthetics, orthobiologics and body support and recovery products such as braces and supports, compression clothing, physiotherapy equipment, thermal therapy, electrostimulation and accessories which are used as sports medicine to treat multiple types of injuries, advancement in these products provide exclusive care, new and innovative treatment options to treat various types of sports injuries and also helps to maintenance preventive care.
Sports medicines deal with the treatment and physical fitness and prevention of any kind of injuries related to exercise as well as sports. Sports medicine specially focuses on sports-related medical services to the athletics and other sport staffs. Sports medicine healthcare professionals got special training to treat athletics in order to restore function to injured athletics due to which athletes can move again and back on the field as soon as possible.
The Following Manufacturers Are Covered In This Report:
- Smith & Nephew
- Zimmer Biomet
- Stryker, Breg, Inc.
- Medtronic
- Bird & Cronin, Arthrex, Inc.
- Wright Medical Group N.V
- Arthrosurface (a subsidiary of Anika Therapeutics, Inc.)
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Sports Medicine Market Segmented By:
By Products (Body Reconstruction Products, Body Support and Recovery Products)
By Application (Knee, HIP, Shoulder and Elbow, Foot and Ankle, Hand and Wrist, Back and Spine Injuries, Other Injuries)
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
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Global Sports Medicine market report has the best research offerings and the required critical information for looking new product trends or competitive analysis of an existing or emerging market. Companies can sharpen their competitive edge again and again with this business report. The report comprises of expert insights on global industries, products, company profiles, and market trends. Users can gain unlimited, company-wide access to a comprehensive catalog of industry-specific market research from this industry analysis report. The worldwide Sports Medicine market report examines industries at a much higher level than an industry study.
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The Sports Medicine market report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
Market Dynamics Of Sports Medicine Market
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Global Sports Medicine Market Scope And Market Size:-
Global sports medicine market is categorized into four notable segments which are based on products, application, procedure and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the sports medicine market is segmented into body reconstruction products and body support and recovery products.
- On the basis of application, the sports medicine market is segmented into knee, hip, shoulder and elbow, foot and ankle, hand and wrist, back and spine injuries and other injuries.
- On the basis of procedure, the sports medicine market is segmented into knee arthroscopy procedures, hip arthroscopy procedures, shoulder and elbow arthroscopy procedures, foot and ankle arthroscopy procedures, hand and wrist arthroscopy procedures and others.
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Research Objectives Of Sports Medicine Market Report:
- Competitive landscape of the Sports Medicine Market
- Revenue generated by each segment of the Sports Medicine market by 2027
- Factors expected to drive and create new opportunities in the Sports Medicine Market
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the Sports Medicine
- Which prime data figures are included in the Sports Medicine Market report?
- Market size (Last few years, current and expected)
- Market share (Analysis as per different companies)
- Market forecast period
- Market Contributions (Size, Share as per regional boundaries)
- What are the crucial aspects incorporated in the Sports Medicine Market report?
- Industry Value Chain
- Consumption Data
- Market Size Expansion
- Key Economic Indicators
Competitive Landscape and Sports Medicine Market Share Analysis
Sports medicine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to sports medicine market.
The major companies which are dealing in the global sports medicine market are Smith & Nephew, Zimmer Biomet, Stryker, Breg, Inc., Medtronic, Bird & Cronin, Arthrex, Inc., Wright Medical Group N.V., Arthrosurface (a subsidiary of Anika Therapeutics, Inc.), Össur Corporate, Mueller Sports Medicine, Inc., CONMED Corporation, Surgalign, Johnson & Johnson Services, Inc., DJO, LLC (a subsidiary of Colfax Corporation) among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In September 2020, Smith & Nephew received product commercializing approval form National Medical Products Administration (NMPA) China to introduce REDAPT System for revision total hip arthroplasty (rTHA). This development helps the company to enhance its product category and generate adequate revenue for commercializing its products into the China market
- In October 2017, Johnson & Johnson Services, Inc. announced that they have introduced an orthopedic platform to improve the clinical outcomes. This platform is specially designed to help the surgeons to drive improvements in orthopedic care This development helps the company to generate adequate revenue
Global Sports Medicine Market: Regional Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
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