Global Sports Medicine Market accounted value of 8.7% till 2024

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Global Sports Medicine Market
Global Sports Medicine Market accounted value of
8.7 till 2024
Global Sports Medicine Market is expected to
reach USD 32,199.3 million by 2024 from USD
16,520.0 million in 2016, at a CAGR of 8.7 in
the forecast period 2017 to 2024. The new market
report contains data for historic years 2015, the
base year of calculation is 2016 and the forecast
period is 2017 to 2024.
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global-sports-medicine-market
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Report Description
The major factors driving the growth of this
market are the increasing incidences of sports
injuries, increasing adoption of arthroscopic
surgeries, continuous influx of new products and
treatment modalities, growing research activities
in sports medicines, increased adoption and
acceptance of arthroscopy and minimally invasive
procedures. On the other hand, high cost of
implants and other devices, lack of skilled labor
as well as tax excision on medical devices in the
U.S. may hinder the growth of the market.
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Key Drivers

• Minimally invasive procedures such as arthroscopy
  are in high demand since they significantly
  reduce the recovery time and result in reduced
  bleeding and scarring.
• Growing awareness of various lifestyle diseases
  has resulted in a significant increase in
  participation in various sports and physical
  activities across the globe.
• The use of regenerative medicine in sports
  injuries has led to very promising treatment
  options in sports medicine.

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Market Segmentation

• The global sports medicine market is segmented on
  the basis of product type, body area, end user,
  and geography.
• The global sports medicine market is segmented
  into 4 types, such as orthobiologics, surgical
  devices, arthroscopy devices, orthopaedic braces
  and supports. In 2017, surgical devices market
  segment is expected to account for the largest
  share of 43.3 of the global sports medicine
  market.
• Global sports medicine market is segmented into
  knee, hip, shoulder elbow, foot ankle and
  wrist hand on the basis of body area.

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Competitive Landscape
Global Sports Medicine Market report contains an
in-depth profiling of the key market players,
along with the recent developments and strategies
adopted by them to sustain and strengthen their
positions in the market.  Arthrex, Inc. is going
to dominate the global sports medicines market
following with Smith Nephew and DePuy Synthes,
along with others such as Stryker Corporation,
CONMED Corporation, Johnson Johnson, Bird
Cronin, Inc., Zimmer Biomet, Anika Therapeutics,
Ossur, Breg Inc., Mueller Sports Medicine, Inc.,
DJO global, Medtronic.
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About Data Bridge Market Research
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