Global Sports Medicine Devices Market 2015-2019
About Sports Medicine Devices
Sports medicine devices are specialized devices that are created by the unification of fitness and medicine fields to prevent sports injuries and promote rehabilitation. Sports medicine devices can be classified into surgical devices and therapeutic devices. Surgical devices comprise joint implants and arthroscopy devices, which help in reconstruction. Therapeutic devices include support and recovery devices such as braces and supports, monitoring devices, and other accessories such as wraps and tapes, disinfectant wipes, cold and heat therapy, and alcohol-based hand rub.
TechNavio’s analysts forecast the Global Sports Medicine Devices market to grow at a CAGR of 4.6 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Sports Medicine Devices market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of sports medicine devices such as arthroscopy devices, braces, fracture repair devices, orthobiologics, monitoring devices, prosthesis and joint implants, and other recovery products and accessories.
TechNavio's report, Global Sports Medicine Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, Europe, the APAC region, and the ROW; it also covers the Global Sports Medicine Devices market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
TechNavio Announces the Publication of its Research Report – Global Sports Medicine Devices Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Sports Medicine Devices Market 2015-2019: Arthrex Inc., Biomet Inc., Smith & Nephew plc and Stryker Corp.
Other Prominent Vendors in the market are: BSN Medical, Cramer Sports Medicine, DJO Global, Mitek Sports Medicine, Mueller Sports Medicine, Ottobock Healthcare, Wright Medical Technology and Zimmer
Commenting on the report, an analyst from TechNavio’s team said: “Zero-defect reliability of medical devices is one of the key trends emerging in the market. To ensure zero-defect reliability of medical devices, vendors are coming up with better technologies to improve the precision of their products.”
According to the report, increased interest in sports activities is one of the major drivers of the market. People worldwide are increasingly participating in sports activities because of the various health benefits associated with these activities.
Further, the report states that unfavorable reimbursement policies related to sports injuries in developed economies worldwide is one of the major constraints hampering the growth of the market. Many medical insurance companies do not cover sports injuries in colleges and schools, and this, in turn, is leading many end-users to opt out of treatment.
Arthrex , Biomet , Smith & Nephew , Stryker , BSN medical, Cramer Sports Medicine, DJO Global, Mitek Sports Medicine, Mueller Sports Medicine, Ottobock Healthcare, Wright Medical Technology, Zimmer