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The Sports Medicine Market report provides an industry overview including definitions, division, key suppliers, key development, and market challenges. The Sports Medicine market analysis is provided to the markets around the world including key development trends, competitive landscape analysis, market dynamics, and key regions development status forecasts 2019-2024.
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Competitive landscape
The market for active pharmaceutical ingredients is very competitive and is made up of several major players; therefore, it indicates a fragmented market scenario. The sports medicine market has several manufacturers from China and India that occupy a dominant position in the market, thanks to their large manufacturing presence. In Europe, Italy, Germany and the UK are the key regions for the sports medicine trade.
Key Suppliers of the Sports Medicine Market:
– Arthrex Inc.
– CONMED Corporation
– Johnson & Johnson
– Medtronic PLC
– Mueller Sports Medicine Inc.
– Performance health
– Smith & Nephew
– Stryker Corporation
– Wright Medical Group
– Zimmer Biomet Holdings Inc.
Main market trends:
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– Facilities are expected to grow at a faster rate in the product segment
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-In the sports injuries subsegment of the market studied, there has been a continuous evolution towards the development of resorbable implants. The use of arthroscopic procedures and resorbable implants is quite common for the treatment of sports injuries, for safe fixation of the graft.
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Companies are improving their technology in absorbable polymer, such as developing calcium polymer composites for a number of benefits over MRI imaging, metal contamination and improved healing, over a period of time. In major sports injuries, meniscus tears are very common, where total knee replacement is often considered for treatment. However, when it comes to them, Active Implants has made great strides with its Meniscus NUsurface implant, for the treatment of persistent knee pain.
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-RTI Surgical is another major advancement company in natural bone and tissue grafts for implantation and faster times in the operating room. Metallic and synthetic technologies for implantation procedures have been used for many years, in which significant expenditure occurs in the research and development of a company. The facilities ensure a significant part of the company’s business, mainly involved in sports injuries and medicine. With a large segment of the American and European population involved in sports of all ages, demand is expected to show steadily increasing. Due to the growth of the middle-income population, with higher healthcare spending and sports medicine awareness in each country, the market is expected to experience a higher growth rate during the forecast period.
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-The United States dominates the market in the North American region and is expected to follow the same trend in the future
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The United States has the largest share in the market, mainly due to the high frequency of sports injuries occurring in the region. About 30 million children and adolescents in the country participate in some kind of organized sport.
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-According to the Stanford Children’s Health report, more than 3.5 million injuries occur each year in the United States, resulting in wasted attendance time. One third of the injuries that occur in childhood are related to sports, of which strains and sprains are the most common.
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Approximately 21% of all traumatic brain injuries in American children result from sports and recreational activities. Injuries to the knee (patellofemoral syndrome), shoulder, elbow, sciatica, and pulled thigh (muscle or tendon) are the most common sports injuries in the country.
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-In February 2017, Smith & Nephew PLC signed an agreement with Leaf Health, a California-based developer of a unique wireless patient monitoring system for injury prevention. This agreement enables the use of this technology by a customer base across the country. LEOMO Inc., a San Diego-based company, has partnered with sports medicine and biomechanics researchers in order to validate that their product, TYPE-R, can offer benefits in identifying, responding and avoiding injuries in athletes, especially competitive cyclists, triathletes and coaches. With many major sports injuries involved and active research, the US sports medicine market is expected to grow during the forecast period.
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Detailed Summary of the Global Sports Medicine Market – Growth, Trends, Forecasts and Challenges
1. Introduction
1.1 Study results
1.2 General assumptions of the study
2. Research methodology
2.1 introduction
2.2 Method of analysis
2.3 Stages of the study
2.4 Econometric modeling
3. Executive summary
4. Market overview and trends in the sports medicine market
4.1 introduction
4.2 Market Trends
4.3 Porter’s Five Forces Picture
4.3.1 Bargaining power of suppliers
4.3.2 Bargaining power of consumers
4.3.3 Threat of new entrants
4.3.4 Threat of substitute products and services
4.3.5 Competitive rivalry within the sector
5. Market dynamics of the Sports Medicine market
5.1 Driver
5.1.1 Increase in production
5.1.2 Growing demand
5.2 Restrictions
5.3 Opportunities
6. Segmentation of the world market for sports medicine, by capacity
7. Segmentation of the global sports medicine market by type of material
7.1 Type 1
7.2 Type 2
7.3 Type 3
8. Segmentation of the global sports medicine market, segmented by region
8.1 North America
8.1.1 United States
8.1.2 Canada
8.1.3 Rest of North America
8.2 Asia-Pacific
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 Rest of Asia-Pacific
8.3 Europe
8.3.1 United Kingdom
8.3.2 Germany
8.3.3 France
8.3.4 Russia
8.3.5 Rest of Europe
8.4 Rest of the world
8.4.1 Brazil
8.4.2 South Africa
8.4.3 Others
9. Introduction to the sports medicine market and the competitive landscape
9.1 introduction
9.2 Market share analysis
9.3 Key Player Developments
10. Analysis of the main suppliers (overview, products and services, strategies)
10.1 Company 1
10.2 Company 2
10.3 Company 3
11. Disclaimer
And many others??.
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