December 13, 2019

Global Sports Medicine Market to reach $5.23 billion by 2025

The global Sports Medicine Market was valued at USD 5.23 billion in 2016 and is projected to reach USD 9.48 billion by 2025, growing at a CAGR of 6.9% from 2017 to 2025.

With increasing demands of sport players and athletes regarding better and quick recovery injury treatment solutions, the market of sports medicine is growing with respect to its market value. Also, the easy availability of the treatment solutions is one of the major reasons to accelerate the market of this particular product type.

Market Dynamics:
1. Market Drivers
1.1 Increasing Sports injuries
1.2 Growingadvancements in treatment modalities
1.3 Awareness regarding regenerative medicine
2. Market Restraints
2.1 High cost of implants

Competitive Landscape:
The major players in the market are as follows:
1. Arthrex
2. Smith & Nephew 
3. DepuySynthes Companies 
4. Stryker 
5. Conmed
6. Zimmer Biomet 
7. Breg
8. DJO Global 
9. Mueller Sports Medicine 
10. Wright Medical Group 
11. Medtronic 
12. RTI Surgical 
13. Performance Health International Limited

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY
Research study on the Sports Medicine Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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