Sports Medicine Market 2019 Trend, Segmentation and competative
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Posted On: 07/11/2019 5:29:14 AM
The research on the Sports Medicine Market not only evaluates the sales volume generated by major vendors, but also offers an estimate of the market share. The market intelligence market report further ascertains the distribution techniques best suited to a product or service offered by the manufacturers operating in the Sports Medicine Market for the forecast period, 2019 to 2030. The audience is looking to gather data on customers buying a product or service; buying motives and their feedback about a particular product will find the report useful. Other aspects such as strengths, weaknesses and competition are extensively dealt with during the research.
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The technological advancements in sports medicine, the increase inthe number of sports related injuries & road accidents, the high incidences of musculoskeletal disorders, and focus of major players in regenerative medicine are some of the crucial factors driving the market. The high cost accompanying sports medicine products and surgeries are predicted to restrain the market to a certain extent.
The global Sports Medicine market is segmented by application and product .On the basis of the key applications of Sports Medicine, the market is segmented into ankle & foot injuries, hip injuries, spine injuries, knee injuries, shoulder injuries, and other injuries. The segment of knee injuries within key applications is likely to dominate the global Sports Medicine market by occupying the largest market share in the market, this can be credited to the geriatric population facing arthritis problem and rising number of musculoskeletal procedures. The sports medicine market, on the basis of product is segmented into body support,body reconstruction products& recovery and accessories. The body reconstruction products segment is predicted to occupy the largest share of the global sports medicine market which can be credited to the preference and adoption of implants & arthroscopy devices for sports-related injuries by sports medicine surgeons and orthopedic surgeons.
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Sport injuries to propel the market growth
Increasing incidences of knee injuries caused in sports and constant wear and tear of muscle and tissue in sports athlete that require sports medicine are some of the major factor driving the growth of the sports medicine market. According to a study in the British Journal of Sports Medicine, knees are the most regularly injured body parts in a game with almost 31.0% of all sports injuries are associated with the knees and almost 34.0% are associated with the head, neck and shoulder.
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.
Decreased Budget allocation to sports is expected to restrict the market growth
Growth of sports medicine market is expected to slow down due to decreased budget allocation for sports. Furthermore, lack of reimbursement policies for academic sports injuries is expected to apply brakes on the market growth in coming years. However, the introduction of novel prosthetic and implant and development of performance monitoring or intensive care equipment are expected to create enough of opportunities in the market. Rising incidences of sports injuries in the developing countries of Asia Pacific and another region of the market is further leading to the market growth.
#This Reports Includes Segmental analysis, Regional analysis, Research Methodology, Competitive Landscape, Learn how to build the strategy and business case to implement Order Here@ https://www.marketindustryreports.com/checkout/9
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Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
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Access Sample PDF @ : https://www.marketindustryreports.com/pdf/9
The technological advancements in sports medicine, the increase inthe number of sports related injuries & road accidents, the high incidences of musculoskeletal disorders, and focus of major players in regenerative medicine are some of the crucial factors driving the market. The high cost accompanying sports medicine products and surgeries are predicted to restrain the market to a certain extent.
The global Sports Medicine market is segmented by application and product .On the basis of the key applications of Sports Medicine, the market is segmented into ankle & foot injuries, hip injuries, spine injuries, knee injuries, shoulder injuries, and other injuries. The segment of knee injuries within key applications is likely to dominate the global Sports Medicine market by occupying the largest market share in the market, this can be credited to the geriatric population facing arthritis problem and rising number of musculoskeletal procedures. The sports medicine market, on the basis of product is segmented into body support,body reconstruction products& recovery and accessories. The body reconstruction products segment is predicted to occupy the largest share of the global sports medicine market which can be credited to the preference and adoption of implants & arthroscopy devices for sports-related injuries by sports medicine surgeons and orthopedic surgeons.
Get Exclusive Discount @ https://www.marketindustryreports.com/discount/9
Sport injuries to propel the market growth
Increasing incidences of knee injuries caused in sports and constant wear and tear of muscle and tissue in sports athlete that require sports medicine are some of the major factor driving the growth of the sports medicine market. According to a study in the British Journal of Sports Medicine, knees are the most regularly injured body parts in a game with almost 31.0% of all sports injuries are associated with the knees and almost 34.0% are associated with the head, neck and shoulder.
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.
Decreased Budget allocation to sports is expected to restrict the market growth
Growth of sports medicine market is expected to slow down due to decreased budget allocation for sports. Furthermore, lack of reimbursement policies for academic sports injuries is expected to apply brakes on the market growth in coming years. However, the introduction of novel prosthetic and implant and development of performance monitoring or intensive care equipment are expected to create enough of opportunities in the market. Rising incidences of sports injuries in the developing countries of Asia Pacific and another region of the market is further leading to the market growth.
#This Reports Includes Segmental analysis, Regional analysis, Research Methodology, Competitive Landscape, Learn how to build the strategy and business case to implement Order Here@ https://www.marketindustryreports.com/checkout/9
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Contact Us-
502, Sai Radhe, Kennedy Road,
Behind Hotel Sheraton Grand,
Near Pune Station, Pune 411 001
Email: sales@marketindustryreports.com
Phone: + 91 8956 767 535
Website: https://www.marketindustryreports.com/
Follow Us- LinkedIn | Twitter | Face book
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