Promising Segment in Global Sports Medicine Market Most Promising Segment in Global Sports Medicine M | Page 2
According to the report “Global Sports Medicine Market", published by Market Data
Forecast, the global market is projected to reach USD 8444 million by 2020, at a CAGR of
8.1% from 2016 to 2021.
The branch of medicine that deals with physical fitness and prevention of injuries and
treatment related to sports and exercise is known as Sports medicine or sport and exercise
medicine (SEM). Sports medicine market consists of products and procedures that are used
by both amateur and professional sportspersons all over the world. Typically, they help
them in preventing and curing major ailments occurred due to the nature of the games. In
some cases, they might enhance their performance also.
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Orthobiologics is the most promising segment of all, owing to rising global awareness of
injuries in sports. USA, Europe and Japan with their dominant sporting cultures and
developed economies occupy about three fourths of the market. In addition, By Application
the market is analysed as Head injuries, Shoulder injuries, Elbow and Wrist injuries, Back
and Spine injuries, Hip and groin injuries, Knee injuries and Foot and Ankle injuries.
The factors affecting the Global Market for Sports Medicine Market, either positively or
negatively are presented in the DROC analysis. Some of the factors discussing in this are
rising Healthcare expenditure and general awareness among people, new factors like
demand for minimally invasive surgeries and technological advancement in implants are
acting as the driving forces of the market. But high cost of new procedures and sub-
standard infrastructure in some developing countries are constraining the growth of the
market.
For granular level understanding the Sports Medicine Market is segmented based on the
following categories with Market Size Estimations and Y-o-Y Forecasts presented for each
sub-segment.
1) By Product Type:
Reconstruction and Repair
Implants
Prosthetics
Arthroscopy Devices
Fracture and Ligament Repair Products
Orthobiologics
Support and Recovery
Braces and Support
Thermal Therapy Products
Topical Pain Relief Products
Compression Clothing
Monitoring Devices
Other Body Support and Recovery Products