Title: Global Sports Medicine Market Report: 2015 Edition - New Report by Koncept Analytics
1Global Sports Medicine Market Report
----------------------------------------- 2015
View Report Details
2View Report Details
- Executive Summary
- The global sports medicine market is a very
dynamic sector that has made a mark in the
healthcare industry in the last decade. The
market has witnessed a spurt in technology and
has grown with the rise in diagnostic and
therapeutic devices. With a variety of sports
gaining popularity, sports medicine is all set to
play an extremely vital role in a sportspersons
vital statistics, monitoring, and diagnostics by
maintaining the highest level of balance between
body exhaustion and recovery. - The global sports medicine market, a subset of
the orthopedic market, has been on a rising trend
largely supported by increased number of cases of
sports injuries owing to a shift in the
demographic trends towards the elderly population
and changes in lifestyle mainly pertaining to the
younger population. Also, receding price
responsiveness buoyed by improvements in global
macro environment has further helped enlarging
the patient base for the market. Under this
market, majority of procedures are performed to
repair knee damage, most notably to the meniscus,
treating sport related injuries such as anterior
cruciate ligament (ACL) damage, as well as age
related damage from rheumatoid arthritis. Sports
Medicine consists of products used in orthopedic
surgery for treatment of soft tissue injuries to
the knee, hip and shoulder. These procedures are
increasing in frequency as the population ages
and wishes to stay more active. - The report Global Sports Medicine Market
provides an in-depth analysis of the global
market for sports medicine and orthopedics
market. The major trends, growth drivers as well
as issues being faced by the industry are being
presented in this report. The major players in
the industry, Smith Nephew, Stryker
Corporation, Johnson Johnson and Zimmer Biomet
Holdings, Inc. are being profiled. - The key factors driving the growth of the sports
medicine market are rising interest in sports
activities, rising healthcare expenditure,
growing infrastructure in sports medicine market,
rising popularity of sports and ageing
population. Some of the noteworthy trends and
developments of this industry are growth of
compression clothing and rising popularity of
robotic assisted arthroscopy. However, the
expansion of global sports medicine market is
hindered by high costs of implants and new
technology, declining reimbursement rates, lack
of trained healthcare workers and stringent
regulations. - By combining SPSS Inc.s data integration and
analysis capabilities with our relevant findings,
we have predicted the future growth of the
industry. We employed various significant
variables that have an impact on this industry
and created regression models with SPSS Base to
determine the future direction of the industry.
Before deploying the regression model, the
relationship between several independent or
predictor variables and the dependent variable
was analyzed using standard SPSS output,
including charts, tables and tests.
3Factors like healthcare expenditure, growing
infrastructure in sports medicine segment, rising
demand for top sports, increasing interest in
sports activities are driving sports medicine
market globally..
Global Orthopedics Market (2007-2014)
- In 2014, global orthopedics market increased to
US... billion form US... billion in 2013,
representing a growth of . The same registered
a CAGR of over the period 2007-2014. - In terms of market share in the global
orthopedics sector, knees hips had the largest
share of . Spine held followed by trauma,
sports medicine and biologics with , and
share respectively. - As of 2014, global sports medicine market was
valued at US... billion, as compared to US...
billion in 2013, showing an incline of . The
same registered a CAGR of over the period
2007-2014.
Global Orthopedics Market Share by Segments (2014)
Global Sports Medicine Market (2007-2014)
4Factors like healthcare expenditure, growing
infrastructure in sports medicine segment, rising
demand for top sports, increasing interest in
sports activities are driving sports medicine
market globally..
Global Arthroscopy Market (2013-2019E)
- The global arthroscopy devices market was
recorded at US... billion in 2013 and is
estimated to reach US... billion by 2019,
registering a CAGR of from 2013 to 2019. - The knee segment accounted for the largest market
share of of the total US sports medicine
market in 2014, followed by shoulders and hip
small joint segment with and share
respectively. - In terms of sports medicine market share, tennis
elbow procedures represented an impressive share
of , immediately followed by rotator cuff
procedures with a share of .
The US Sports Medicine Market by Category (2014E)
The US Sports Medicine Market Share (2014E)
5Economic development and increasing participation
in sports are the chief factors that will drive
the sports medicine market
Global Sports Medicine Market Forecast
(2014-2018E)
- The global market for sports medicine is poised
to grow at a CAGR of from US... billion in
2014 to US... billion in 2018. - Demand for sports medicine is pegged to economic
growth. Positive GDP growth leads to rising
income. Since the income of the people determines
the level of spending, therefore as the income
rises, people tend to spend more on healthcare. - With rising healthcare expenditure, growing
ageing population, increasing participation in
sports and increasing GDP, demand of sports
medicine market is increasing at a very fast
pace. - The future growth of sports medicine market would
mainly be driven by growing participation in
sports, technological advancements in medical
science and focus of governments worldwide on
sports as an essential component of healthy
lifestyle.
6Contact Us
View Report Details
These are abridged and sanitized sample pages
from the comprehensive report on the Global
Sports Medicine Market . To know more about this
report or for any customized research
requirement, please contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com