Market Research Reports- Consulting Analysis Crystal Market Research Sports Medicine Market | Page 2
associated with knees. Shoulder segment accounted for almost one fourth of the total sports injuries
market in 2016 and is poised to grow at a high CAGR during the forecast period.
North America held the major share of the global sports medicine market in 2016 and it is expected to
witness substantial growth in near future due to advanced healthcare infrastructure and high healthcare
expenditure. Asia-Pacific is projected to be the fastest-growing segment in the global market during the
forecast period, due to the rising awareness about sports in developing nations. Moreover, the attitude of
adopting sports on a professional level is on the rise in these regions resulting in favorable market growth
for sports medicine.
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Smith & Nephew plc, Zimmer Biomet, DePuy Mitek, and Arthrex together accounted for major share of
the overall market in 2016. Some of the otherkey players are DJO Global, Mueller Sports Medicine Inc,
Medstar Sports Medicine, Tornier N.V., Acumed LLC, Wright Medical Technology, and Ossur HF.
Key Findings of the Research Study:
Body reconstruction and repair devices segment was the largest segment in 2016, and will
dominate the market over the forecast period due to wide applications in most orthopedic sports
injury treatments such as hip replacement and knee replacement procedures.
Recovery and support devices segment will exhibit a favorable growth over the forecast period
owing to the rise in professional competitive sports activities globally.
Knee injuries market held a major share of the global sports medicine market in 2016 as these are
the most common types of sports injuries.
North America dominated the global market in 2016 and is projected to continue its leading
position over the forecast period, due to wide presence of dedicated healthcare facilities for sports
medicine coupled with high purchasing power of the American population.
The global sports medicine is consolidated in nature with top four players accounting for more
than two-third share in 2016.
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Sports Medicine Market Segmentation
By Product:
Body support and Recovery Products
o Thermal Therapy Products
o Tropical Pain Relief Products