Sports Medicine Market to Grow 7.4% CAGR by 2022 - Erie News Now | WICU & WSEE in Erie, PA

Sports Medicine Market to Grow 7.4% CAGR by 2022

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SOURCE RnRMarketResearch

PUNE, India, October 6, 2017 /PRNewswire/ --

The global sports medicine market will reach $8.24 billion by 2022 from $5.78 billion in 2017 at a CAGR of 7.4% during (2017-2022) driven by increasing incidences of sports injuries, continuous influx of new products and treatment modalities, and development in the field of regenerative medicine, while in 2017, North America accounted largest share of the said market followed by Europe, APAC and RoW according to RnRMarketResearch.

Browse 103 Market Data Tables and 32 Figures spread through 169 Pages and in-depth TOC on "Sports Medicine Market by Product (Implants, Arthroscopy, Prosthetic, Orthobiologics, Braces, Compression Clothing, Physiotherapy (Thermal, Ultrasound), Bandages & Tapes), Application (Knee, Shoulder, Elbow) - Global Forecast to 2022" http://www.rnrmarketresearch.com/sports-medicine-devices-market-by-products-application-2012-2017-bone-cartilage-ligament-tendon-reconstruction-repair-braces-hot-cold-therapy-topical-pain-relief-compression-clothing-market-report.html .

The key players in the global sports medicine market are Arthrex, (US), Smith & Nephew (UK), DePuy Synthes (US), Stryker (US), CONMED (US), Zimmer Biomet (US), Breg (US), DJO Global (US), Mueller Sports (US), Wright Medical Group (US), Medtronic (Ireland), RTI Surgical (US), and Performance Health International (US).

Based on application, the sports medicine market is segmented into shoulder injuries, foot and ankle injuries, elbow and wrist injuries, back and spine injuries, hip and groin injuries, knee injuries, and other injuries (head, face, and finger injuries). The elbow and wrist injuries segment is expected grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing number of injuries in sports like rowing, racquet sports, and golf, where there is a repetitive overuse of elbow and wrists.

Make an Inquiry on Sports Medicine Market - Global Forecast to 2022 research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=80170 .

On the basis of product, the sports medicine market is segmented into body reconstruction products, body support & recovery products and accessories. In 2017, the body reconstruction products segment is expected to account for the largest share of the market. The large share of this segment can primarily be attributed to the wide usage of implants and arthroscopy devices by sports medicine surgeons and orthopedic surgeons for sports-related injuries. The body reconstruction products segment is further segmented into implants, fracture & ligament repair devices, arthroscopy devices, prosthetics, and orthobiologics.

Asia Pacific is expected to witness the highest sports medicine market growth during 2017 to 2022. The influx of international players, government initiatives to promote sports medicine, and collaborations for sports medicine research are the key factors responsible for the growth of this market in the APAC region.

Inquire for Discount on "Sports Medicine Market - Global Forecast to 2022" research report at http://www.rnrmarketresearch.com/contacts/discount?rname=80170 .

The report analyzes the sports medicine market and aims at estimating market size and future growth potential of this market based on various segments such as product, application, and region. In 2017, the fracture & ligament repair devices segment is expected to account for the largest share of the market. The high incidence of fractures and ligament tears in sports is expected to drive the market for fracture and ligament repair devices. The orthobiologics segment is expected to register the highest CAGR during the forecast period. The recent developments in regenerative medicine, allografts, and stem cell therapy to treat broken bones are expected to drive the growth of the orthobiologics market.

Break of primary participants was as mentioned below:

  • By Company Type: Tier 1-55%, Tier 2-25% and Tier 3-20%
  • By Designation: C-level-43%, Director Level-32%, Others-25%
  • By Region: North America-38%, Europe-23%, Asia Pacific-29%, RoW-10%

Another research titled Orthobiologics Market Global Forecast to 2022 says, the global orthobiologics market is projected to reach $6.06 billion by 2022 from $4.66 billion in 2017, at a CAGR of 5.4%. The PRP segment is expected to grow at the highest rate during the forecast period. The spinal fusion segment is expected to grow at the highest CAGR. Hospitals, orthopedic clinics, and ambulatory care centres are expected to be the fastest-growing segment. Asia Pacific is expected to register the highest growth rate in the orthobiologics market. Companies such as DePuy Synthes, Medtronic, Stryker, Zimmer Biomet, Harvest Technologies, Globus Medical have been profiled in this 159 pages research report available athttp://www.rnrmarketresearch.com/orthobiologics-market-by-product-viscosupplementation-synthetic-orthobiologics-dbm-bmp-prp-bmac-allograft-application-fracture-recovery-osteoarthritis-spinal-fusion-soft-tissue-end-user-hospitals-as-st-to-2022-market-report.html .

Explore more reports on Medical Devices Market athttp://www.rnrmarketresearch.com/reports/life-sciences/medical-devices .

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