Sports Medicine Market Witness Excellent Growth by 2030 | Zimmer Biomet, Stryker Corporation, Smiths & Nephew, Arthre

Sports medicine is one of the crucial fields of medicine that involves physical fitness, prevention and treatment of several injuries associated with exercise and sports. Though most of the sports teams have hired ‘physician team’ for several years, the recent popularity for sports medicine is growing significantly as a specialized part of healthcare. In several economies, sports medicine is seen as a specialized sector, while other countries the sector is recognized as an area of interest, but not as a speciality. The experts involved in sports medicine work with the athletes. 
Market Industry Reports (MIR) has published a new report titled "Sports Medicine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global sports medicine market is estimated to be over US$ 5 Bn in 2017. It is anticipated to grow at a CAGR of 6.4% from 2019 to 2030.

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Key Players

Companies are expected to collaborate leading to oligopolistic market with focus on areas of advertising marketing, and the product differentiation. For instance, company named ArthroCare was acquired by the Smiths & Nephew in 2014. Post the acquisition, product portfolio was organized, likely to increase revenue and also broaden the product pipeline.

Major players in the sports medicine market are Zimmer Biomet, Stryker Corporation, Smiths & Nephew, Arthrex, Tornier N.V., DePuy Mitek, Ossur HF, ArthroCare, Wright Medical Technology and DJO Global. Other players include; Otto Bock Healthcare, Conmed, Aesculap AG, Argomedical AG, BioPro Inc. and Acumed LLC.

New products to showcase increasing demand

Some of the orthopedic products are expected to increasing the demand for sports medicine market such as the arthroscopy devices. Furthermore, many companies are collaborating with others to strengthen their portfolio. For instance, Stryker acquired Pivot Medical, which is a manufacturer of implants and hip surgical equipment, in 2014 to expand its product portfolio for sports medicine to develop new products in the hip surgery. The mergers and expansion are expected to provide new options with technological advancements boosting the market for sports medicines.

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Segmentation Overview:

By Product:
Body Reconstruction Products
Body Support and Recovery Products

By Application:
Knee, Shoulder, Spine, Foot & Ankle, Hip Injures

Table of Contents

INTRODUCTION
Market Definition
Market Ecosystem
Market Classification
Geographic Scope
Years Considered for the Study
Historical Years – 2016 & 2017
Base Year – 2018
Forecasted Years – 2019 to 2030
Currency Used for the Study
Report Beneficiary List

RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottoms Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations of the Study
Assumptions of the Study

ABSTRACT OF THE STUDY

MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities

TOC Continued....

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About Market Growth Insight
Market Growth Insight 100% Subsidiary of ExltechThe market analysis entails a section solely dedicated to major players in the Global Healthcare Contract Research Organization Market wherein our analysts provide an insight into the financial statements of all the major players along with its key development product benchmarking and SWOT analysis. The company profile section also includes a business overview and financial information.

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