Sports Medicine Market Worth 8.3 Billion USD by 2020

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Sports Medicine Market Worth 8.3 Billion USD by
2020
www.MarketsandMarkets.com
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According to a new market research report "Sports
Medicine Market by Product Type (Implants,
Arthroscopy, Prosthetics, Orthobiologics, Braces,
Topical Pain Relief, Thermal Therapy, Compression
Clothing, Bandages Tapes), by Application
(Knee, Shoulder) - Analysis Global Forecast to
2020", published by MarketsandMarkets, The Sports
Medicine Market is expected to reach around 8.3
Billion USD by 2020, at a CAGR of 8.0 during the
forecast period.
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Browse 94 Tables and 33 Figures spread through
193 Pages and in-depth TOC on "Sports Medicine
Market http//www.marketsandmarkets.com/Market-R
eports/sports-medicine-devices-market-751.html
  Early buyers will receive 10 customization on
reports.  Sports medicine involves the treatment
and prevention of injuries related to sports and
exercise. These products are used by both
athletes and non-athletes. The products in this
market include body reconstruction repair
products, body support recovery products, and
accessories. Growth in the sports medicine
market is likely to be centered on the
Asia-Pacific region. The growth of this region is
attributed to government initiatives to promote
sports medicine, the influx of international
players, expansions by key players, and
increasing awareness through conferences
symposia.
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This report studies the global sports medicine
market for the forecast period of 2015 to 2020.
This market is expected to reach USD 8.3 Billion
by 2020 from USD 5.6 Billion in 2015, at a CAGR
of 8.0 during the forecast period. The global
sports medicine market is segmented on the basis
of product, application, and region. Based on
product, the sports medicine market is
categorized into body reconstruction repair
products, body support recovery products, and
accessories. In 2015, body reconstruction
repair products are estimated to account for the
major share of the sports medicine market. Based
on application, the market is segmented into knee
injuries, shoulder injuries, ankle foot
injuries, elbow wrist injuries, hip groin
injuries, back spine injuries, and other
injuries. In 2015, the knee injuries segment is
estimated to account for the major share of the
sports medicine market. A complete
brochure for this research is available _at_
http//www.marketsandmarkets.com/pdfdownload.asp?i
d751
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On the basis of region, the market is divided
into North America, Europe, Asia-Pacific, and the
Rest of the World (RoW). In 2015, North America
is expected to account for the largest share of
the sports medicine market, followed by Europe
and Asia-Pacific. However, the Asia-Pacific
market is slated to grow at the highest CAGR
during the forecast period and serve as a revenue
pocket for companies offering sports medicine
equipment. The Sports Medicine Market has
witnessed various improved treatment options in
recent years. This can be attributed to constant
focus of market player on the introduction of
newer products and treatment options for sports
injuries. A number of key players are competing
to secure larger shares of the market by
launching new products. Arthrex, Inc. (U.S.),
Smith Nephew PLC (U.K.), DePuy Synthes
Companies (U.S.), Stryker Corporation (U.S.), and
CONMED Corporation (U.S.) are the top five
players of this market, jointly accounting for
70 to 75 of the total sports medicine market in
2014.
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