Sports Medicine Market Size, Growth and Insights 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
ID: MRFR/MED/2407-CR | August 2018 | Region: Global | 130 Pages
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5 GLOBAL SPORTS MEDICINE MARKET BY PRODUCT
5.1 INTRODUCTION
5.2 JOINT RECONSTRUCTIVE & REPAIR PRODUCTS
5.2.1 IMPLANTS
5.2.2 LIGAMENT REPAIR DEVICES
5.2.3 FRACTURE
5.2.4 ARTHROSCOPY DEVICES
5.2.5 PROSTHETIC DEVICES
5.2.5 OTHERS
5.3 SUPPORT & RECOVERY PRODUCTS
5.3.1 BRACES & SUPPORT
5.3.2 THERMAL THERAPY DEVICES
5.3.3 TOPICAL PAIN RELIEF PRODUCTS
5.3.4 MONITORING DEVICES
5.3.5 OTHERS
5.4 ACCESSORIES & CONSUMABLES
5.5 OTHERS
6 GLOBAL SPORTS MEDICINE MARKET BY APPLICATION
6.1 INTRODUCTION
6.2 SHOULDER TREATMENT
6.3 KNEE TREATMENT
6.4 HIP TREATMENT
6.5 SPINE TREATMENT
6.6 OTHERS
7 GLOBAL SPORTS MEDICINE MARKET BY PROCEDURE
7.1 INTRODUCTION
7.2 TENDINOSIS
7.3 TENDON TO BONE
7.4 CARTILAGE REPAIR
8 GLOBAL SPORTS MEDICINE MARKET BY END USER
8.1 INTRODUCTION
8.2 HOSPITALS & EMERGENCY CARE
8.3 TRAUMA CENTERS
8.4 AMBULATORY CARE
8.5 OTHERS
9 GLOBAL SPORTS MEDICINE MARKET, BY REGION
9.1 NORTH AMERICA
9.1.1 INTRODUCTION
9.2 EUROPE
9.2.1 INTRODUCTION
9.3 ASIA-PACIFIC
9.3.1 INTRODUCTION
9.4 MIDDLE EAST & AFRICA
9.4.1 INTRODUCTION
10 COMPETITIVE LANDSCAPE
10.1 MAJOR STRATEGIES ADOPTED BY MARKET PLAYERS
10.1.1 STRATEGIC PARTNERSHIP
10.1.2 MERGER & ACQUISITION
10.2 COMPANY SHARE ANALYSIS
11 COMPANY PROFILE
11.1 MEDTRONICS
11.1.1 OVERVIEW
11.1.2 PRODUCT OVERVIEW
11.1.3 FINANCIALS
11.1.4 KEY DEVELOPMENTS
11.2 STRYKER
11.2.1 OVERVIEW
11.2.2 PRODUCT OVERVIEW
11.2.3 FINANCIALS
11.2.4 KEY DEVELOPMENTS
11.3 ZIMMER BIOMET
11.3.1 OVERVIEW
11.3.2 PRODUCT OVERVIEW
11.3.3 FINANCIALS
11.3.4 KEY DEVELOPMENT
11.4 CONMED CORPORATION
11.4.1 OVERVIEW
11.4.2 PRODUCT OVERVIEW
11.4.3 FINANCIALS
11.4.4 KEY DEVELOPMENTS
11.5 DEPUY SYNTHES
11.5.1 OVERVIEW
11.5.2 PRODUCT OVERVIEW
11.5.3 FINANCIALS
11.5.4 KEY DEVELOPMENTS
11.6 GE HEALTHCARE.
11.6.1 OVERVIEW
11.6.2 PRODUCT OVERVIEW
11.6.3 FINANCIALS
11.6.4 KEY DEVELOPMENTS
11.7 SMITH & NEPHEW PLC.
11.7.1 OVERVIEW
11.7.2 PRODUCT OVERVIEW
11.7.3 FINANCIALS
11.7.4 KEY DEVELOPMENTS
11.8 ARTHREX, INC
11.8.1 OVERVIEW
11.8.2 PRODUCT OVERVIEW
11.8.3 FINANCIALS
11.8.4 KEY DEVELOPMENTS
11.9 OTHERS
12 CONCLUSION
12.1 KEY FINDINGS
12.1.1 FROM CEO’S VIEWPOINT
12.1.2 UNMET NEEDS OF THE MARKET
12.2 KEY COMPANIES TO WATCH
12.3 PREDICTION OF SPORTS MEDICINE INDUSTRY
13 APPENDIX
13 List Of Tables
TABLE 1 GLOBAL SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 29
TABLE 2 GLOBAL SPORTS MEDICINES MARKET, BY RECONSTRUCTIVE PRODUCTS 2020-2027 (USD MILLION) 30
TABLE 3 GLOBAL SPORTS MEDICINES MARKET, BY BODY SUPPORT AND RECOVERY DEVICES PRODUCTS 2020-2027 (USD MILLION) 31
TABLE 4 GLOBAL SPORTS MEDICINES MARKET, BY ACCESSORIES 2020-2027 (USD MILLION) 32
TABLE 5 GLOBAL SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 34
TABLE 6 GLOBAL SPORTS MEDICINES MARKET, BY SHOULDER TREATMENT2020-2027 (USD MILLION) 35
TABLE 7 GLOBAL SPORTS MEDICINES MARKET, BY KNEE TREATMENT2020-2027 (USD MILLION) 36
TABLE 8 GLOBAL SPORTS MEDICINES MARKET, BY HIP TREATMENT2020-2027 (USD MILLION) 37
TABLE 9 GLOBAL SPORTS MEDICINES MARKET, BY SPINE TREATMENT2020-2027 (USD MILLION) 38
TABLE 10 GLOBAL SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 40
TABLE 11 GLOBAL SPORTS MEDICINES MARKET, BY TENDINOSIS 2020-2027 (USD MILLION) 41
TABLE 12 GLOBAL SPORTS MEDICINES MARKET, BY TENDON TO BONE 2020-2027 (USD MILLION) 42
TABLE 13 GLOBAL SPORTS MEDICINES MARKET, BY CARTILAGE REPAIR 2020-2027 (USD MILLION) 43
TABLE 14 GLOBAL SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 45
TABLE 15 GLOBAL SPORTS MEDICINES MARKET, BY HOSPITAL AND EMERGENCY CARE 2020-2027 (USD MILLION) 46
TABLE 16 GLOBAL SPORTS MEDICINES MARKET, BY TRAUMA CENTER 2020-2027 (USD MILLION) 47
TABLE 17 GLOBAL SPORTS MEDICINES MARKET, BY AMBULATORY CARE 2020-2027 (USD MILLION) 48
TABLE 18 GLOBAL SPORTS MEDICINES MARKET, BY REGION 2020-2027 (USD MILLION) 50
TABLE 19 NORTH AMERICA SPORTS MEDICINES MARKET, BY COUNTRY 2020-2027 (USD MILLION) 52
TABLE 20 NORTH AMERICA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 53
TABLE 21 NORTH AMERICA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 54
TABLE 22 NORTH AMERICA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 54
TABLE 23 NORTH AMERICA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 55
TABLE 24 U.S. SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 55
TABLE 25 U.S. SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 56
TABLE 26 U.S. SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 56
TABLE 27 U.S. SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 57
TABLE 28 CANADA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 57
TABLE 29 CANADA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 58
TABLE 30 CANADA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 58
TABLE 31 CANADA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 59
TABLE 32 SOUTH AMERICA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 59
TABLE 33 SOUTH AMERICA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 60
TABLE 34 SOUTH AMERICA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 60
TABLE 35 SOUTH AMERICA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 61
TABLE 36 EUROPE SPORTS MEDICINES MARKET, BY COUNTRY 2020-2027 (USD MILLION) 63
TABLE 37 EUROPE SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 64
TABLE 38 EUROPE SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 65
TABLE 39 EUROPE SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 65
TABLE 40 ]EUROPE SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 66
TABLE 41 GREMANY SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 66
TABLE 42 GREMANY SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 67
TABLE 43 GREMANY SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 67
TABLE 44 GREMANY SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 68
TABLE 45 1FRANCE SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 68
TABLE 46 FRANCE SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 69
TABLE 47 FRANCE SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 69
TABLE 48 FRANCE SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 70
TABLE 49 U.K. SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 70
TABLE 50 U.K. SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 71
TABLE 51 U.K. SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 71
TABLE 52 U.K. SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 72
TABLE 53 ITALY SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 72
TABLE 54 ITALY SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 73
TABLE 55 ITALY SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 73
TABLE 56 ITALY SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 74
TABLE 57 SPAIN SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 74
TABLE 58 SPAIN SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 75
TABLE 59 SPAIN SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 75
TABLE 60 SPAIN SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 76
TABLE 61 REST OF WESTERN EUROPE SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 76
TABLE 62 REST OF WESTERN EUROPE SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 77
TABLE 63 REST OF WESTERN EUROPE SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 77
TABLE 64 REST OF WESTERN EUROPE SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 78
TABLE 65 EASTERN EUROPE SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 78
TABLE 66 EASTERN EUROPE SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 79
TABLE 67 EASTERN EUROPE SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 79
TABLE 68 EASTERN EUROPE SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 80
TABLE 69 ASIA PACIFIC SPORTS MEDICINES MARKET, BY COUNTRY 2020-2027 (USD MILLION) 82
TABLE 70 ASIA PACIFIC SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 82
TABLE 71 ASIA PACIFIC SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 83
TABLE 72 ASIA PACIFIC SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 83
TABLE 73 ASIA PACIFIC SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 84
TABLE 74 JAPAN SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 84
TABLE 75 JAPAN SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 85
TABLE 76 JAPAN SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 85
TABLE 77 JAPAN SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 86
TABLE 78 CHINA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 86
TABLE 79 CHINA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 87
TABLE 80 CHINA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 87
TABLE 81 CHINA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 88
TABLE 82 INDIA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 88
TABLE 83 INDIA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 89
TABLE 84 INDIA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 89
TABLE 85 INDIA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 90
TABLE 86 REPUBLIC OF KOREA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 90
TABLE 87 REPUBLIC OF KOREA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 91
TABLE 88 REPUBLIC OF KOREA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 91
TABLE 89 REPUBLIC OF KOREA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 92
TABLE 90 AUSTRALIA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 92
TABLE 91 AUSTRALIA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 93
TABLE 92 AUSTRALIA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 93
TABLE 93 AUSTRALIA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 94
TABLE 94 REST OF ASIA PACIFIC SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 94
TABLE 95 REST OF ASIA PACIFIC SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 95
TABLE 96 REST OF ASIA PACIFIC SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 95
TABLE 97 REST OF ASIA PACIFIC SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 96
TABLE 98 MIDDLE EAST & AFRICA SPORTS MEDICINES MARKET, BY REGION 2020-2027 (USD MILLION) 97
TABLE 99 MIDDLE EAST & AFRICA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 98
TABLE 100 MIDDLE EAST & AFRICA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 98
TABLE 101 MIDDLE EAST & AFRICA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 99
TABLE 102 MIDDLE EAST & AFRICA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 99
TABLE 103 MIDDLE EAST SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 100
TABLE 104 MIDDLE EAST SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 100
TABLE 105 MIDDLE EAST SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 101
TABLE 106 MIDDLE EAST SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 101
TABLE 107 AFRICA SPORTS MEDICINES MARKET, BY PRODUCT 2020-2027 (USD MILLION) 102
TABLE 108 AFRICA SPORTS MEDICINES MARKET, BY APPLICATION 2020-2027 (USD MILLION) 102
TABLE 109 AFRICA SPORTS MEDICINES MARKET, BY PROCEDURE 2020-2027 (USD MILLION) 103
TABLE 110 AFRICA SPORTS MEDICINES MARKET, BY END USER 2020-2027 (USD MILLION) 103
TABLE 111 MEDTRONICS: KEY DEVELOPMENT 109
TABLE 112 STRYKER: KEY DEVELOPMENT 112
TABLE 113 ZIMMER BIOMET: KEY DEVELOPMENT 115
TABLE 114 CONMED CORPORATION: KEY DEVELOPMENT 118
TABLE 115 DEPUY SYNTHES: KEY DEVELOPMENT 121
TABLE 116 GE HEALTHCARE: KEY DEVELOPMENT 124
TABLE 117 ARTHREX, INC.: KEY DEVELOPMENT 129
14 List Of Figures
FIGURE 1 GLOBAL SPORTS MEDICINES MARKET SHARE, BY PRODUCT, 2020 13
FIGURE 2 GLOBAL SPORTS MEDICINES MARKET SHARE, BY APPLICATION, 2020 14
FIGURE 3 GLOBAL SPORTS MEDICINES MARKET SHARE, BY PROCEDURE, 2020 15
FIGURE 4 GLOBAL SPORTS MEDICINES MARKET SHARE, BY END USER, 2020 16
FIGURE 5 GLOBAL SPORTS MEDICINES MARKET SHARE, BY REGION, 2020 17
FIGURE 6 GLOBAL SPORTS MEDICINE: MARKET STRUCTURE 19
FIGURE 7 RESEARCH PROCESS 20
FIGURE 8 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL SPORTS MEDICINE MARKET 22
FIGURE 9 PORTERS FIVE FORCES ANALYSISOF GLOBAL SPORTS MEDICINE DENTAL IMAGING MARKET 25
FIGURE 10 GLOBAL SPORTS MEDICINES MARKET, BY PRODUCT 2020 & 2027 (USD MILLION) 28
FIGURE 11 GLOBAL SPORTS MEDICINES MARKET, BY APPLICATION 2020 & 2027 (USD MILLION) 33
FIGURE 12 GLOBAL SPORTS MEDICINES MARKET, BY PROCEDURE 2020 & 2027 (USD MILLION) 39
FIGURE 13 GLOBAL SPORTS MEDICINES MARKET, BY END USER 2020 & 2027 (USD MILLION) 44
FIGURE 14 GLOBAL SPORTS MEDICINES MARKET, BY REGION 2020 & 2027 (USD MILLION) 49
FIGURE 15 GLOBAL COMPANY SHARE FOR SPORTS MEDICINE MARKET 2020 104
FIGURE 16 GLOBAL COMPANY SHARE FOR JOINT RECONSTRUCTION SEGMENT 105
FIGURE 17 GLOBAL COMPANY SHARE FOR TRAUMA MARKET SHARE SEGMENT 105
FIGURE 18 GLOBAL COMPANY SHARE FOR ARTHROSCOPY AND SOFT TISSUE REPAIR SEGMENT 106
FIGURE 19 MEDTRONICS: RECENT FINANCIAL 108
FIGURE 20 MEDTRONICS: GEOGRAPHICAL MIX 108
FIGURE 21 MEDTRONICS: OPERATING SEGMENTS 109
FIGURE 22 STRYKER: RECENT FINANCIAL 111
FIGURE 23 STRYKER: GEOGRAPHICAL MIX 111
FIGURE 24 STRYKER: OPERATING SEGMENTS 112
FIGURE 25 ZIMMER BIOMET: RECENT FINANCIAL 114
FIGURE 26 ZIMMER BIOMET: GEOGRAPHICAL MIX 114
FIGURE 27 ZIMMER BIOMET: OPERATING SEGMENTS 115
FIGURE 28 CONMED CORPORATION: RECENT FINANCIAL 117
FIGURE 29 CONMED CORPORATION: GEOGRAPHICAL MIX 117
FIGURE 30 CONMED CORPORATION: OPERATING SEGMENTS 118
FIGURE 31 DEPUY SYNTHES: RECENT FINANCIAL 120
FIGURE 32 DEPUY SYNTHES: GEOGRAPHICAL MIX 120
FIGURE 33 GE HEALTHCARE: RECENT FINANCIAL 123
FIGURE 34 GE HEALTHCARE: GEOGRAPHICAL MIX 123
FIGURE 35 GE HEALTHCARE: OPERATING SEGMENTS 124
TABLE 116 GE HEALTHCARE 124
FIGURE 36 SMITH & NEPHEW PLC: RECENT FINANCIALS 126
FIGURE 37 SMITH & NEPHEW PLC: GEOGRAPHIC REVENUE MIX 126
FIGURE 38 SMITH & NEPHEW PLC: BUSINESS REVENUE MIX 127
Sports Medicine Market
Sports Medicines Market is market value of USD 9,655.6 Million while thriving at a CAGR of 8.9% during the forecast period 2020 to 2027.
$9,655.6 Million
Market Size
8.9%
CAGR
North America
Dominating Region
2020-2027
Forecast Period
Segmentation
Key Players
- Medtronics
- Stryker
- Zimmer Biomet
- CONMED Corporation
- DePuy Synthes
- GE Healthcare
- Smith & Nephew plc
- Arthrex Inc.
Drivers
- Rising Incidence of Sports Injuries to Favor
- The increasing participation in sports and growing awareness about fitness.
Sports Medicine Market Overview
As per the assessment conducted by Market Research Future (MRFR), the Sports Medicines Market is anticipated to acquire the market value of USD 9,655.6 Million while thriving at a CAGR of 8.9% during the assessment tenure from 2017 to 2023.
The sports medicine market is anticipated to be driven by the growing cases of sports injuries, expansion of medical associations, and on-going technological development. Sports, like baseball and football, are likely to record maximum injuries. Also, the lack of carelessness while practicing the sport is expected to be another cause that is likely to strengthen the market during the assessment period.
However, the unfavorable reimbursement policies and lack of expertise are likely to hamper the market sports medicine market growth during the projection tenure.
Impact of COVID-19
The outbreak of COVID-19 has brought a significant impact on the global sports medicine market. Various tournaments were suspended owing to the lockdown. For example, the International Olympic Committee postponed the 2020 Olympics and Paralympic to 2021. The expansion of the market has been hampered due to the pandemic. However, the market is likely to stabilize in the future at steady pace.
Market Dynamics
The sports medicine market for sports is expected to be influenced by various factors and opportunities.
Drivers
Rising Incidence of Sports Injuries to Favor Market Growth
The increasing participation in sports and growing awareness about fitness are likely to be primary causes that can drive the sports medicines market. The rising incidence of ligament tears and fractures are likely to propel the market during the assessment period. The surging demand for injury management and rehabilitation is projected to strengthen the industry across the globe during the assessment tenure.
Opportunities
Growing Penetration of Sports Medicine in Emerging Economies to Present Significant Opportunity for sports medicines market Expansion
Developing countries such as; India and China are likely to offer a significant opportunity for market expansion due to the presence of a large patient pool. The sports medicine market is expected to grow due to the rising disposable income and the growing participation of children and adults in sports activities.
Restraints
Lack of Expertise can Hinder the sports medicine market Growth
One of the primary factors affecting the global market for sports is the dearth of expertise. There is a growing need for skilled professionals with experience and knowledge. The limited number of doctors in sports medicines is one of the major restraining factors for this sports medicine market.
Challenges
Lack of Sports Culture to Pose a Significant Challenge in Market Expansion
Lack of sporting culture, sluggish development of medical associations, and lack of advanced healthcare facilities are some of the salient factors posing a significant challenge to the market expansion during the assessment tenure.
Sports Medicine Market Segmentation
By Product
The product-based segments of the sports medicine market are support & recovery products, accessories & consumables, joint reconstructive & repair products, and others.
By Application
The application-based segments of the global market for sports medicine are knee treatment, spine treatment, shoulder treatment, hip treatment, and others.
By Procedure
The procedure-based segments of the global market for sports medicine are tendinosis, tendon to bone, and cartilage repair.
By End-User
The end-user based segments of the global sports medicine market are trauma centers, hospitals & emergency care, ambulatory care, and others.
Regional analysis
North America to Acquire a Significant Market Share during the Forecast Period
The rising popularity of sports and the increasing awareness regarding the treatment of sports injuries are expected to be a significant cause that can grow the regional market during the analysis tenure. The rising investments in North America are expected to augment the sports medicine market size in the region. The presence of technologically advanced medical services to treat various orthopedic injuries are likely to steer the regional trade in the coming period. The US, Canada, and Mexico are projected to make a significant contribution during the review timeframe.
Europe to Procure Second-Largest Market Share During the Forecast Period
Europe is predicted to acquire the second-largest market share during the forecast period owing to the growing inclination towards sports. The increasing initiatives taken by the government to develop the sports medicine devices market are projected to augment the market during the forecast period.
APAC to Expand at the Highest CAGR During the Forecast Period
The growing demand for sports medicine devices from developing countries such as; India, China, and Japan are expected to play a crucial role in developing the regional market during the assessment tenure. Furthermore, the regulatory process for product approvals is comparatively less stringent in these countries, which has eased the entry of new products, thereby augmenting the market in the assessment timeframe.
MEA to Witness Sluggish Growth During the Forecast Period
MEA is predicted to witness sluggish growth during the forecast period owing to the presence of underdeveloped countries and a lack of sports culture. However, there are various untapped market opportunities that are likely to offer lucrative opportunities for sports medicine market expansion.
Latin America to Experience Steady Growth During the Review Period
Latin America is anticipated to thrive at a significant CAGR during the evaluation tenure due to the rising inclination towards sports. Brazil is projected to be a lucrative sports medicine market in the assessment period.
Competitive Landscape
The established players of the global sports medicine market are adopting various strategies of expansion, such as; collaboration, merger, acquisition. The growing inclination towards sports has led to a higher demand for innovative and effective methods to heal the injury, for which key players are focusing on expanding their reach. The growing initiatives of expansion are likely to intensify the market competition the coming time.
List of Key Companies Covered in this Report
- Medtronics
- Stryker
- Zimmer Biomet
- CONMED Corporation
- DePuy Synthes
- GE Healthcare
- Smith & Nephew plc
- Arthrex, Inc.
Recent Developments
- December 2020- The National Academy of Sports Medicine (NASM), a globally recognized leader in fitness certifications and specializations, announced the launch of an updated weight loss specialization course that is designed for certified trainers.
- December 2020- Banner Health, a non-profit health system in the US, announced to build valley sports medicine facility worth $54 million.
Segmentation Table
By Product
- Joint reconstructive & repair products
- Support & Recovery Products
- Accessories & Consumables
By Application
- Shoulder treatment
- Knee treatment
- Hip treatment
- Spine treatment
By Procedure
- Tendinosis
- Tendon to bone and cartilage repair
By End-User
- Hospitals & Emergency care
- Trauma centers
- Ambulatory care
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 9,655.6 Million |
| CAGR | 8.9% (2017-2023) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Application, Procedure and End-User |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Medtronics, Stryker, Zimmer Biomet, CONMED Corporation, DePuy Synthes, GE Healthcare, Smith & Nephew plc, Arthrex, Inc. |
| Key Market Opportunities | Growing Penetration of Sports Medicine in Emerging Economies to Present Significant Opportunity for Market Expansion |
| Key Market Drivers | Rising Incidence of Sports Injuries to Favor Market Growth |
Frequently Asked Questions (FAQ) :
The global sports medicine market size can balloon to USD 9,655.6 million by 2023.
The global sports medicine market can expand at 8.9% CAGR from 2020 to 2027.
North America dominates the global sports medicine market.
The APAC region can exhibit a CAGR of 9.2% from 2020 to 2027.
Smith & Nephew plc, Stryker, CONMED Corporation, DePuy Synthes, GE Healthcare, Arthrex, Inc., Medtronics, and Zimmer Biomet are prominent players in the global sports medicine market.
