Sports Medicine Market Analysis- Size, Share, overview, scope, Revenue, Gross Margin, Segment and Forecast 2017 | Grand View Research, Inc.

August 25 00:20 2021
Sports Medicine Market Analysis- Size, Share, overview, scope, Revenue, Gross Margin, Segment and Forecast 2017 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the demand for sports medicine is on the rise due to the growing incidences of sports injuries and the increasing participation of people in sports and fitness-related activities.

The global sports medicine market size is projected to reach USD 15.2 billion by 2027, expanding at a CAGR of 8.2%, according to a new report by Grand View Research, Inc. The increasing demand for sports medicine, owing to the shift towards a healthy lifestyle adopted by the young population, and rising incidences of injuries among athletes and fitness enthusiasts are some of the major factors driving the market.

In 2019, the body reconstruction and repair devices segment dominated the market with a revenue share of 39.2%. An increase in the number of ligament injuries and growing demand for minimally invasive repair surgeries due to short recovery time are some of the key factors driving demand for these devices. On the other hand, the accessories segment is anticipated to witness the fastest growth over the forecast period, due to the increasing demand for effective wound healing among athletes.

The knee application segment is currently dominating the market. An increase in the number of cruciate ligament injuries and growing demand for knee arthroscopy are the major factors driving the growth of this segment. On the other hand, the segment is anticipated to witness the fastest growth of 8.9% over the forecast period, owing to a continuous increase in the number of knee replacement surgeries and the introduction of innovative and personalized total knee replacement (TKR) system by key players.

North America dominated the market in 2019, owing to the high healthcare expenditure, followed by the active participation of the population in physical activities. On the other hand, Asia Pacific is expected to witness the fastest growth as the regulations for medical devices in the region are less stringent, providing easy entry to global players. Moreover, growing medical tourism in the region is further anticipated to drive market growth over the forecast period.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/sports-medicine-industry

 Sports Medicine Market Report Highlights

 The global market is anticipated to reach USD 15.2 billion by 2027, owing to a rise in the number of injuries

 The accessories segment is anticipated to witness the fastest CAGR of 8.8% over the forecast period as the demand for wound care products is increasing

 The knee application segment is anticipated to exhibit the fastest CAGR of 8.9%, owing to the increase in the number of cruciate ligament injuries

 North America dominates the sports medicine market, owing to the high healthcare expenditure.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/sports-medicine-industry/request/rs1

Sports Medicine Market Segmentation

Grand View Research has segmented the global sports medicine market based on product type, application, and region:

Sports Medicine Product Type Outlook (Revenue, USD Million, 2016 – 2027)

     Body Reconstruction & Repair
        • Surgical Equipment
        • Soft Tissue Repair
        • Bone Reconstruction Devices
     Body Support & Recovery
        • Braces and Other Support Devices
        • Compression Clothing
        • Hot & Cold Therapy
    • Body Monitoring & Evaluation
        • Cardiac
        • Respiratory
        • Hemodynamic
        • Musculoskeletal
        • Other Monitoring Devices
    Accessories
        • Bandages
        • Tapes
        • Disinfectants
        • Wraps
        • Others

Sports Medicine Application Outlook (Revenue, USD Million, 2016 – 2027)

     Knees
    Shoulders
     Ankle & Foot
     Back & Spine
     Elbow & Wrist
     Hips
     Others

Sports Medicine Regional Outlook (Revenue, USD Million, 2016 – 2027) 

    North America
        • U.S.
        • Canada
     Europe
        • Germany
        • U.K.
        • Greece
        • Italy
        • France
        • Poland
     Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Thailand 
    • Latin America
        • Brazil
        • Mexico
        • Colombia
        • Argentina
     MEA
        • Saudi Arabia
        • South Africa        

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/173/ibb

Browse More Related Report:

Sports Mouthguard Market Size, Share & Trends Analysis Report By Product (Stock, Boil & Bite, Custom-made), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2021 – 2027

About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/sports-medicine-industry

view more articles

About Article Author