Sports Medicine Devices Market: medical equipment manufacturers to invest in Asia by 2021
The medical device manufacturers are highly doing research for betterment of sports injuries and improvising their treatment processes and equipment. With sports gaining mainstream attention and increasing popularity of sports for healthy life, there has been growth in sports medicine companies dealing with sports injuries and sports safety devices. There is high scope for the Sports Medicine Devices Market for various types of sports injuries during 2016-2021.
Scope and Regional Forecast of the Sports Medicine Devices Market:
According to the IndustryARC research analysis studies on the Sports Medicine Devices Market, medical equipment manufacturers are highly interested in knee treatment, since it dominated the treatment segment in 2015. This market also deals with health issues such as rheumatoid arthritis caused in mature population.
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Arthroscopy devices were the leading segment in the Sports Medicine Devices Market in terms of demand as well as sales during 2015 and are expected to continue the same during 2016-2021. The market demand, advancement in treatment process and increasing medical companies are the driving factors during 2016-2021.
North America is the leading region in the Sports Medicine Devices Market closely followed by Europe with high investment in medical equipment companies. Asia Pacific is expected to show significant growth in the sports medical device companies with increasing R&D and investment during 2016-2021.
Segmentation and Key Players of the Sports Medicine Devices Market:
The Sports Medicine Devices Market is segmented into various categories in the IndustryARC marketing research report by type, by application and by geography as follows:
By type: Orthopedic Products (Implants, Fracture & Ligament Repair Devices, Prosthetic Devices, Arthroscopy Devices, Orthobiologics and others), Body Support and Recovery Products (Analgesics, Braces & Support, Compression Clothing, Thermal Therapy Products and others), Accessories (Bandages, Tapes, Wraps and others) and Body Evaluation & Monitoring (Respiratory, Cardiac, Hemodynamic, Musculoskeletal and others)
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By application: Ankle & Foot Injuries, Elbow & Wrist Injuries, Shoulder Injuries, Back & Spine Injuries, Knee Injuries, Hip & Groin Injuries and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Sports Medicine Devices Market according to the IndustryARC research report are as follows:
- Arthrex, Inc.
- Smith & Nephew PLC
- Depuy Synthes
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
The Sports Medicine Devices Market is a high potential market with high demand for sports medicine products such as orthopedic, arthroscopy etc. medical equipment by sports medicine device companies across the globe. This market is expected to witness high growth owing to the rise in investment for innovative medical devices by hospital equipment manufacturers, increasing number of orthopedic companies for athletic equipment and medical manufacturing, ongoing research on sports healthcare by medical technology companies during 2016-2021.
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