Sports Medicine Devices Market

Sports medicine devices refer to the devices that deal with fitness and sport medical fields to promote and prevent rehabilitation for sports-related injuries such as sprains, fractures, soft tissue damage, strain, musculoskeletal injuries, and joint dislocation, etc. Surgical and therapeutic devices are the two categories of sports medicine devices, which include monitoring devices, braces and supports, arthroscopy devices, and joint implants, among others. Portable and wearable sports devices are the most popular device and are widely available to the general population and athletic players owing to rising media and commercial exposure and their easy availability.

To have an edge over the competition by knowing the market dynamics and current trends of “Sports Medicine Devices”, request for Sample Report here

Increasing incidence of sports-related injuries, rising government initiative, and growing awareness about physical fitness are the major drivers which are surging the market growth in the upcoming years. Moreover, the high penetration of sports medicine devices in developing countries owing to new innovative treatment, enhanced healthcare infrastructure and rising affordability due to the increasing per capita income are also projected to fuel the market growth. In addition to this, an increase in technological advancements which aims to develop cost-conscious treatment methods, along with the rising importance of sports activities among the young and the older population are certain factors propelling the market growth.

The strong demand for minimally invasive surgeries will bolster the growth of the sports medicine market. Growth in the investment of key players in developing countries is projected to offer lucrative opportunities for the expansion of the market. The growing number of age-related complications caused by diseases include rheumatoid arthritis is one of the major factors accelerating market growth. On the other hand, the lack of skilled professionals in this field, along with inappropriate administration and guidelines related to sports medicine, will hinder the growth of the market. The high cost of implants is also hampering the market growth.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on the Product, the market is segmented into orthopedic devices, body reconstruction & repair, body support, and recovery, body monitoring, and evaluation, and accessories. The orthopedic segment is expected to grow at a higher CAGR during the forecast period. Rising base of elderly population will increase demand for numerous orthopedic implants and devices, which is leading to the market growth. Technological advancements in robot-assisted surgical procedures, 3D printing, and smart implants, are certain factors propelling the segment growth.

Based on the Application, the market is segmented into knee injury, shoulder injury, ankle-foot injury, back-spine injury, hand-wrist injury, hip-groin injury, arm-elbow injury. The knee injury segment is expected to dominate the market during the forecast period. The knee injury is considered to be one of the most common injuries that an athlete encounters, thereby involving large-scale employment of sports medicine devices. This is one of the major factors that is responsible for the growth of the segment.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Based on the region, the North America region is expected to grow at a higher CAGR during the forecast period due to the increasing adoption rate of sports medicines and the rising number of treatment procedures in this region. On the other hand, the Asia-Pacific region is dominating the market during the forecast period owing to an increase in population, a rise in affordability, enhancement in healthcare facilities, and growth in awareness toward health consciousness in the region.

Various notable players operating in the market include Arthrex, Inc., CONMED Corporation, DJO, LLC, DePuy Synthes, Stryker, Smith & Nephew PLC, Mueller Sports Medicine, Inc., Breg, Inc., Wright Medical Group N.V., and Zimmer Biomet, among others. 

Key Developments: 

• • In 2020, Depuy introduces product for rotator cuff repairs in Europe. The product is meant to be used in procedures that include soft tissue approximation in rotator cuff repairs. Dynacord Suture is particularly designed to shorten when compression is lost, thus reducing gap formation.
  • In 2020, DJO launches two new EMPOWR systems, which are designed to boost surgical efficiency. The two new EMPOWR systems include EMPOWR Acetabular and EMPOWR Partial Knee. These systems were designed to restore healthy kinematics and accelerate surgical procedure efficiencies by allowing implantation with a single tray.
  • In 2019, Mueller Sports Medicine announced an exclusive partnership with Pro Orthopedic Devices. Mueller Sports Medicine, Inc. and Pro Orthopedic Devices, Inc. Mueller has been appointed as the global exclusive distributor of Pro Orthopedic Device Pro Compression Bandage and Scissors products.

The global sports medicine devices market has been segmented on the basis of product, application, and regions. Based on Product, the market is segmented into orthopedic devices, body reconstruction & repair, body support and recovery, body monitoring and evaluation, and accessories. Orthopedic devices are further categorized into arthroscopy, fracture repair devices, artificial joint implants, and prosthesis. Body reconstruction & repair is further categorized into surgical equipment and bone/cartilage repair and reconstruction. Body support and recovery are further categorized into thermal therapy, support devices and braces, and compression devices. Body monitoring and evaluation are further categorized into respiratory, hemodynamic, cardiac, musculoskeletal, and other. Based on the Application, the market is segmented into knee injury, shoulder injury, ankle-foot injury, back – spine injury, hand – wrist injury, hip – groin injury, arm – elbow injury.

For detailed scope of the “Sports Medicine Devices Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global sports medicine devices market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in sports medicine devices market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global sports medicine devices market?
  • which product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What are the various application areas of global sports medicine devices market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Sports Medicine Devices Market by Product

• • Orthopedic Devices
    • Arthroscopy Devices
    • Fracture Repair Devices
    • Artificial Joint Implants
    • Prosthesis
  • Body Reconstruction and Repair
    • Surgical Equipment
    • Bone/Cartilage Repair and Reconstruction
  • Body Support and Recovery
    • Thermal Therapy
    • Support Devices and Braces
    • Compression Devices
  • Body Monitoring and Evaluation
    • Respiratory
    • Hemodynamic
    • Cardiac
    • Musculoskeletal
    • Other
  • Accessories

Global Sports Medicine Devices Market by Application

• • Knee injury
  • Shoulder Injury
  • Ankle-foot Injury
  • Back-spine Injury
  • Hand-wrist Injury
  • Hip-groin Injury
  • Arm-elbow Injury

Global Sports Medicine Devices Market by Region

• • North America Sports Medicine Devices Market (Option 1: As a part of the free 25% customization)
    • North America Sports Medicine Devices Market by Product
    • North America Sports Medicine Devices Market by Application
    • US Sports Medicine Devices Market All-Up
    • Canada Sports Medicine Devices Market All-Up
  • Europe Sports Medicine Devices Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Product
    • Europe Market by Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Sports Medicine Devices Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Product
    • Asia-Pacific Market by Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Sports Medicine Devices Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Product
    • RoW Market by Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Sports Medicine Devices Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Arthrex, Inc.
  • CONMED Corporation
  • DJO, LLC
  • DePuy Synthes
  • Stryker
  • Smith & Nephew PLC
  • Mueller Sports Medicine, Inc.
  • Breg, Inc.
  • Wright Medical Group N.V.
  • Zimmer Biomet