The Sports Medicine Market Report provides an overview of the industry, including definitions, divisions, key vendors, key market developments and market challenges. The analysis of the Sports Medicine market is given on the world markets, including key development trends, analysis of competitive areas, market dynamics and forecast for the development status of the key regions 2019-2024.
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The market for active pharmaceutical ingredients is very competitive and is made up of several major players; therefore, it indicates a fragmented market scenario. The Sports Medicine market has several manufacturers from China and India that occupy a dominant position in the market, due to the large presence in production. In Europe, Italy, Germany and the United Kingdom are the key regions for trading sports medicine.
Key vendors in the sports medicine market:
– Arthrex Inc.
– CONDED Corporation
– Johnson & Johnson
– Medtronic PLC
– Mueller Sports Medicine Inc.
– Performance health
– Smith and nephew
– Striker Corporation
– Wright Medical Group
Zimmer Biomet Holdings Inc.
Main market trends:
Implants are expected to grow at a faster rate in the product segment
-Under the sub-segment of sports injuries on the studied market, there was a continuous evolution towards the development of resorbable implants. The use of arthroscopic procedures and resorbable implants are quite common for the treatment of sports injuries, for the safe fixation of the graft.
-Companies advance their technology in absorbent polymer, such as the development of calcium polymer composites for a number of advantages over MRI images, metal contamination and better healing, over a period of time. In major sports injuries, meniscus tears are very common, where complete knee replacement is considered for treatment. However, when it comes to them, Active Implants have made significant strides with their NUsurface Meniscus implant in treating persistent knee pain.
-RTI Surgical is another large company advancing in natural tissue and bone grafts for implantation and faster periods in the operating room. Metal and synthetic technologies for implant procedures have been used for many years, with significant costs incurred in the company’s R&D. Implants provide a significant part of the company’s business activity, primarily involved in sports injuries and medicine. With a large segment of the American and European population involved in sports of all ages, demand is expected to show steady growth. As a result of the growth of the middle-income population, with the higher costs of health care and sports medicine awareness in each country, the market is expected to see a higher growth rate during the forecast period.
– The United States dominates the market in the North American region and is expected to follow the same trend in the future
The United States has the largest market share, mainly due to the high frequency of sports injuries occurring in the region. An estimated 30 million children and adolescents in the country participate in some form of organized sport.
According to the Stanford Child Health Report, more than 3.5 million injuries occur each year in the United States, resulting in lost participation time. One-third of childhood injuries are related to sports, of which sprains and strains are the most common.
About 21% of all traumatic brain injuries in American children are from sports and recreational activities. Injuries to the knee (patellofemoral syndrome), shoulder, elbow, sciatica, and retracted thigh (muscle or tendon) are the most common sports injuries in the country.
In February 2017, Smith & Nephew PLC signed an agreement with Leaf Health, the developer of a unique wireless patient monitoring system for injury prevention, based in California. This agreement allows the use of this technology by the customer base throughout the country. LEOMO Inc., a San Diego-based company, has partnered with researchers in sports medicine and biomechanics to confirm that their product, TYPE-R, can offer benefits in identifying, responding to and avoiding injuries in athletes, especially competitors cyclists, triathletes and coaches. With many major sports injuries involved in active research, the sports medicine market in the United States is expected to grow during the forecast period.
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– Market Assessment Sheet (MAR) in Excel format
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Detailed TOC in the Global Sports Medicine Market: Growth, Trends, Forecast and Challenges
1.1 Delivery Study
1.2 General assumptions of the study
2. Research methodology
2.2 Methodology for analysis
2.3 Stages of the study
2.4 Econometric modeling
3. Executive summary
4. Market Overview and Trends in the Sports Medicine Market
4.2 Market trends
4.3 Porter Framework of the Five Forces
4.3.1 Bargaining power of suppliers
4.3.2 Bargaining power of consumers
4.3.3 Threat to new participants
4.3.4 Threat to replace products and services
4.3.5 Competitive Rivalry in Industry
5. Market dynamics in the Sports Medicine market
5.1.1 Increasing production
5.1.2 Growing demand
6. Segmentation of the world market of sports medicine, according to the capacity
7. Segmentation of the global sports medicine market, by type of material
7.1 Type 1
7.2 Type 2
7.3 Type 3
8. Segmentation of the global sports medicine market, segmented by regions
8.1 North America
8.1.1 United States
8.1.3 Remnant of North America
8.2.4 Rest of Asia-Pacific
8.3.1 United Kingdom
8.3.5 The rest of Europe
8.4 The rest of the world
8.4.2 South Africa
9. Introduction to the market of competitive areas and sports medicine
9.2 Market share analysis
9.3 Key player developments
10. Analysis of key vendors (overview, products and services, strategies)
10.1 Company 1
10.2 Company 2
10.3 Company 3
And much more??.
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