Sports Medicine Market, By Products (Body Monitoring, Body Reconstruction, Body Support, and Sports Accessories), By Application (Knees, Shoulders, Back & Spine, Hips, and Others) And Geography (North America, Europe, Asia Pacific, And Rest Of The World) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The sports medicine market is estimated to represent a global market of USD 6.18 billion by 2016 with growth rate of 7.5%.
Sport medicine includes the medicines that can be used for treatment and prevention of injuries related to the exercise and sports. Sport medicine term is broad team that involves physiologists, kinesiologists, athletetrainers, physicaltherapists, physical educators and many others. Product segment is divided into Body Monitoring, Body Reconstruction, Body Support, and Sports Accessories. Body reconstruction and support devices collectively captured more than 50% share of the global market. High usage coupled with technological advancement has supported the market growth of these segments. Body monitoring segment is categorized as Cardiac, Hemodynamic, Musculoskeletal and Others.
Body Reconstruction is further divided into Surgical equipment, Soft tissue repair, and Bone reconstruction devices. Body support devices is categorized as Braces devices, Compression clothing, and Hot & cold therapy. Hot and cold therapy is primarily used to control swelling. This is the safest and one of the most effective therapy for sport injuries. Heat can be applied through a heating pad, heat bag, hot water bottle, heat lamp, and deep heat cream. Heat helps dilate blood vessels that in the end bring more blood to the site stimulating healing of damaged tissue. Moreover, heat can also ease stiffness by making tissue suppler. Cold therapy is used for soft tissue injuries to control bleeding, prevent inflammation, and to reduce muscle spasm.
Accessories include bandages, tapes, disinfectants, wraps, and other accessories, such as scissors, cutters, blister packs, etc. Bandages dominated accessories segment in 2015. Increasing incidents of injuries where there is need to prevent infection, is anticipated to contribute to the growth of this segment. Sport medicine market, by application segment is categorized as Knees, Shoulders, Back & Spine, Hips, and Others. Knee devices accounted for the largest share of the global market in 2016. This segment is anticipated to maintain its leading position with rising volume of knee surgeries. The high cost of these devices and longer follow up period are the major factors challenging the market growth. Moreover, stringent regulatory guidelines for approval of class III medical devices are slowing the approval process of orthopedic devices. Thus, the overall impact of these factors is expected to lead the market to significant share compared to other applications.
Regionally, the market is categorized as North America, Europe, Asia Pacific, and Rest of the World. Around 49.36% share of the global market revenue is captured by North American countries, dominated by the U.S. market. Increasing number of orthopedic procedures because of high prevalence of accidents caused during physical activity has supported the sports medicine market growth in this region. For instance, according to the CDC, around 51.4 million orthopedic procedures were performed in the U.S. in 2015. Highest prevalence of orthopedic conditions coupled with high adoption of advanced treatment procedures is fuelling the growth of the market in the U.S.
Asia Pacific region is seen as promising market, growing at 9.1% growth rate over the forecast period. Countries such as India, Japan and China exhibits their great potential to capture significant revenue share of the total Asia Pacific market. For example, Japan has presence of a large number of implant manufacturers in the country. The country has a higher health care expenditure as compared to the other countries in the region. Moreover, high adoption rate of the new technology and presence of various hazardous individual sports within the region are expected to fuel the growth of the sports medicine market.
Companies such as Ossur HF, Smith & Nephew, Stryker, Conmed, Wright Medical Technology and others are present in this market. Stryker is considered to be one of the prominent player of this market. The company offers products and services related to medical, surgical, orthopedic, sports medicine, and neurotechnology. The product offerings include joint replacement solutions, trauma products, micro and spine implant systems, powered surgical instruments, orthobiologics, endoscopic products, patient handling equipment, emergency equipment, and surgical navigation systems.
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
- Historical Year – 2014 & 2015
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, And Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCTS
- Body Monitoring
- Cardiac
- Hemodynamic
- Musculoskeletal
- Others
- Body Reconstruction
- Surgical equipment
- Soft tissue repair
- Bone reconstruction devices
- Body Support
- Braces devices
- Compression clothing
- Hot & cold therapy
- Sports Accessories
- Bandages
- Tapes
- Disinfectants
- Wraps
- Other accessories
MARKET, BY APPLICATION
- Knees
- Shoulders
- Back & Spine
- Hips
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. SPORTS MEDICINE MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. SPORTS MEDICINE KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. SPORTS MEDICINE INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. SPORTS MEDICINE MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
6. SPORTS MEDICINE MARKET – BY PRODUCTS:
6.1. Overview
6.2. Body Monitoring
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.3. Cardiac
6.2.3.1. Overview
6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.4. Hemodynamic
6.2.4.1. Overview
6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.5. Musculoskeletal
6.2.5.1. Overview
6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.6. Others
6.2.6.1. Overview
6.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Body Reconstruction
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.3. Surgical equipment
6.3.3.1. Overview
6.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.4. Soft tissue repair
6.3.4.1. Overview
6.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.5. Bone reconstruction devices
6.3.5.1. Overview
6.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Body Support
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.3. Braces devices
6.4.3.1. Overview
6.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.4. Compression clothing
6.4.4.1. Overview
6.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.5. Hot & cold therapy
6.4.5.1. Overview
6.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Sports Accessories
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5.3. Bandages
6.5.3.1. Overview
6.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5.4. Tapes
6.5.4.1. Overview
6.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5.5. Disinfectants
6.5.5.1. Overview
6.5.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5.6. Wraps
6.5.6.1. Overview
6.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5.7. Other accessories
6.5.7.1. Overview
6.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. SPORTS MEDICINE MARKET – BY APPLICATION:
7.1. Overview
7.2. Knees
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Shoulders
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Back & Spine
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Hips
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. SPORTS MEDICINE MARKET– BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.3. U.S.
8.2.3.1. Overview
8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.4. Canada
8.2.4.1. Overview
8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.3. France
8.3.3.1. Overview
8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.4. Germany
8.3.4.1. Overview
8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.5. Rest of Europe
8.3.5.1. Overview
8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.3. China
8.4.3.1. Overview
8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.4. India
8.4.4.1. Overview
8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.5. Rest of APAC
8.4.5.1. Overview
8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.3. Latin America
8.5.3.1. Overview
8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.4. Middle East and Africa
8.5.4.1. Overview
8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Ossur HF
9.1.1. Company Overview
9.1.2. Product Benchmarking
9.1.3. SWOT Analysis
9.1.4. Key Developments
9.2. Smith & Nephew
9.2.1. Company Overview
9.2.2. Product Benchmarking
9.2.3. SWOT Analysis
9.2.4. Key Developments
9.3. Stryker
9.3.1. Company Overview
9.3.2. Product Benchmarking
9.3.3. SWOT Analysis
9.3.4. Key Developments
9.4. Conmed
9.4.1. Company Overview
9.4.2. Product Benchmarking
9.4.3. SWOT Analysis
9.4.4. Key Developments
9.5. Wright Medical Technology
9.5.1. Company Overview
9.5.2. Product Benchmarking
9.5.3. SWOT Analysis
9.5.4. Key Developments
9.6. ArthroCare
9.6.1. Company Overview
9.6.2. Product Benchmarking
9.6.3. SWOT Analysis
9.6.4. Key Developments
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. Abbreviations
11.3. Disclaimer
11.4. Contact Us
