North America Sports Medicine Devices Market Forecast 2019-2027
KEY FINDINGS
The North American market for sports medicine devices is estimated to grow, gathering a CAGR of 4.49% during the forecasted period of 2019-2027. The increasing innovations in arthroscopy devices, monitoring devices, implants, and prosthetics, coupled with the introduction of generic implants, and the rising sports injuries, are the factors pushing for market growth.
MARKET INSIGHTS
The North American regional market is segmented into two market regions, the United States and Canada. The rising prevalence of athlete disorders is the primary contributing factor in the market growth of the US region. The increased participation in organized sports by the youth population is another factor that aids market growth. The region is also witnessing the entry of several established sports medicine and biotechnology medicine companies, due to partnerships and collaborations, thereby introducing solutions in the market. This leads to increased patient outcomes. In the Canadian region, the type of injuries varies, with cycling-related injuries topping the list. At the same time, the increase in the awareness of a healthy lifestyle, and the rising preference for minimally invasive techniques, are driving the growth of the market region. Thus, the increase in the number of athletes and their participation, and the subsequent sports injuries is estimated to increase the overall market growth of the region.
COMPETITIVE INSIGHTS
The increasing participation and innovations by the domestic and global players are propelling the growth of the market. Stryker Corporation, Breg, Inc., Smith & Nephew Plc, Bioventus Llc, Djo North America, Arthrex, Conmed Corporation, etc. are some of the companies that make it to the list of established companies in the market.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope
- 1.1. Study Goals
- 1.2. Scope Of The Market Study
- 1.3. Who Will Find This Report Useful?
- 1.4. Study And Forecasting Years
- 2. Research Methodology
- 2.1. Sources Of Data
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.2. Top-down Approach
- 2.3. Bottom-up Approach
- 2.4. Data Triangulation
- 3. Executive Summary
- 3.1. Market Summary
- 3.2. Key Findings
- 3.2.1. Body Reconstruction And Repair Is The Majorly Used Sports Medicine Devices Product
- 3.2.2. Knee Injury Sports Medicine Devices Is The Fastest Growing Application
- 4. Market Dynamics
- 4.1. Market Scope & Definition
- 4.2. Market Drivers
- 4.2.1. Rising Sports Related Injuries
- 4.2.2. Growing Usages Of Minimally Invasive Techniques
- 4.2.3. Introduction Of Awareness Programs About Physical Fitness
- 4.2.4. Continuous Development Of Novel Products And Technologies For The Treatment Of Sports Injuries
- 4.3. Market Restraints
- 4.3.1. Lack Of Skilled Professionals Related To Sport Medicine
- 4.3.2. High Cost Of Treatment
- 4.3.3. Lack Of Reimbursement
- 4.4. Market Opportunities
- 4.4.1. Increase In The Number Of Athletes Owing To The Rise In Fitness Awareness Programs
- 4.4.2. Advancements In Technology
- 4.4.3. Automation Of Sports Related Surgeries
- 4.5. Market Challenges
- 4.5.1. Complications Associated With Medical Implants After Treatments
- 5. Market By Product
- 5.1. Orthopedic Devices
- 5.2. Body Reconstruction And Repair
- 5.3. Body Support And Recovery
- 5.4. Body Monitoring And Evaluation
- 5.5. Accessories
- 6. Market By Application
- 6.1. Hand-wrist Injury
- 6.2. Shoulder Injury
- 6.3. Ankle-foot Injury
- 6.4. Arm-elbow Injury
- 6.5. Knee Injury
- 6.6. Back-spine Injury
- 6.7. Hip-groin Injury
- 7. Key Analytics
- 7.1. Porter’s Five Forces Model
- 7.1.1. Threat Of New Entrants
- 7.1.2. Threat Of Substitute
- 7.1.3. Bargaining Power Of Buyers
- 7.1.4. Bargaining Power Of Suppliers
- 7.1.5. Threat Of Competitive Rivalry
- 7.2. Regulatory Framework
- 7.3. Opportunity Matrix
- 8. Geographical Analysis
- 8.1. North America
- 8.1.1. The United States
- 8.1.2. Canada
- 9. Competitive Landscape
- 9.1. Market Share Analysis
- 9.2. Company Profiles
- 9.2.1. Arthrex
- 9.2.2. Bioventus Llc
- 9.2.3. Breg, Inc.
- 9.2.4. Conmed Corporation
- 9.2.5. Djo North America
- 9.2.6. General Electric Company
- 9.2.7. Johnson & Johnson Company (Depuy Synthes)
- 9.2.8. Mueller Sports Medicine, Inc.
- 9.2.9. Orthofix International N.V. (Breg, Inc.)
- 9.2.10. Rti Surgical Inc.
- 9.2.11. Smith & Nephew Plc
- 9.2.12. Stryker Corporation
- 9.2.13. Wright Medical Group N.V.
- 9.2.14. Zimmer Biomet Holdings Inc
- List Of Tables
- Table 1: North America Sports Medicine Devices Market, 2019-2027 ($ Million)
- Table 2: North America Sports Medicine Devices Market, By Product, 2019-2027 ($ Million)
- Table 3: North America Orthopedic Devices Market, 2019-2027 ($ Million)
- Table 4: North America Body Reconstruction And Repair Market, 2019-2027 ($ Million)
- Table 5: North America Body Support And Recovery Market, 2019-2027 ($ Million)
- Table 6: North America Body Monitoring And Evaluation Market, 2019-2027 ($ Million)
- Table 7: North America Accessories Market, 2019-2027 ($ Million)
- Table 8: North America Sports Medicine Devices Market, By Application, 2019-2027 ($ Million)
- Table 9: North America Hand-wrist Injury Market, 2019-2027 ($ Million)
- Table 10: North America Shoulder Injury Market, 2019-2027 ($ Million)
- Table 11: North America Ankle-foot Injury Market, 2019-2027 ($ Million)
- Table 12: North America Arm-elbow Injury Market, 2019-2027 ($ Million)
- Table 13: North America Knee Injury Market, 2019-2027 ($ Million)
- Table 14: North America Back-spine Injury Market, 2019-2027 ($ Million)
- Table 15: North America Hip-groin Injury Market, 2019-2027 ($ Million)
- Table 16: North America Sports Medicine Devices Market, By Country, 2019-2027 ($ Million)
- Table 17: The United States Sports Medicine Devices Market, By Product, 2019-2027 ($ Million)
- Table 18: The United States Sports Medicine Devices Market, By Application, 2019-2027 ($ Million)
- Table 19: Canada Sports Medicine Devices Market, By Product, 2019-2027 ($ Million)
- Table 20: Canada Sports Medicine Devices Market, By Application, 2019-2027 ($ Million):
- List Of Figures
- Figure 1: North America Sports Medicine Devices Market, 2019-2027 ($ Million)
- Figure 2: North America Sports Medicine Devices Market Share, By Product, 2018 & 2027 (%)
- Figure 3: North America Sports Medicine Devices Market, By Orthopedic Devices, 2019-2027 ($ Million)
- Figure 4: North America Sports Medicine Devices Market, By Body Reconstruction And Repair, 2019-2027 ($ Million)
- Figure 5: North America Sports Medicine Devices Market, By Body Support And Recovery, 2019-2027 ($ Million)
- Figure 6: North America Sports Medicine Devices Market, By Body Monitoring And Evaluation, 2019-2027 ($ Million)
- Figure 7: North America Sports Medicine Devices Market, By Accessories, 2019-2027 ($ Million)
- Figure 8: North America Sports Medicine Devices Market Share, By Application, 2018 & 2027 (%)
- Figure 9: North America Sports Medicine Devices Market, By Hand-wrist Injury, 2019-2027 ($ Million)
- Figure 10: North America Sports Medicine Devices Market, By Shoulder Injury, 2019-2027 ($ Million)
- Figure 11: North America Sports Medicine Devices Market, By Ankle-foot Injury, 2019-2027 ($ Million)
- Figure 12: North America Sports Medicine Devices Market, By Arm-elbow Injury, 2019-2027 ($ Million)
- Figure 13: North America Sports Medicine Devices Market, By Knee Injury, 2019-2027 ($ Million)
- Figure 14: North America Sports Medicine Devices Market, By Back-spine Injury, 2019-2027 ($ Million)
- Figure 15: North America Sports Medicine Devices Market, By Hip-groin Injury, 2019-2027 ($ Million)
- Figure 16: Porter’s Five Force Model
- Figure 17: The United States Sports Medicine Devices Market, 2019-2027 ($ Million)
- Figure 18: Canada Sports Medicine Devices Market, 2019-2027 ($ Million)
- Figure 19: Sports Medicine Devices Company Market Share 2018 (%)