Global Sports Medicine Devices Market Benefitting from Significant Contribution from Arthroscopy Segment: MarketResearchReports.Biz
Albany, NY (PRWEB) February 27, 2015 -- Marketresearchreports.biz has announced the addition of a new market assessment report to its huge database of market studies that presents an analysis of the global sports medicine devices market for the period of 2015-2019. The research report talks about the current market trends and the future prospects of the sports medicine devices industry across the globe.
According to the market study titled, “Global Sports Medicine Devices Market 2015-2019”, the global sports medicine devices market is likely to develop at a 4.6% CAGR over the period of 2014 to 2019.
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Sports medicine devices are specialized medical devices designed to avoid sports injuries and encourage rehabilitation. The market for sports medicine devices is categorized into therapeutic devices and surgical devices. Surgical devices involve arthroscopy and joint implants devices that are utilized in repairing the bone and reconstructing cartilage, for instance: installing artificial knee cartilage and repairing meniscus in the knee.
Therapeutic devices involve support and recovery devices such as monitoring devices, braces and supports, and other accessories such as disinfectant wipes, tapes and wrap, heat and cold therapy, and alcohol-based hand rub.
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Tendon and ligament injuries are the most common soft tissue injuries in sports. These include strains, sprains, cramps, tendon and ligament tears, muscle tears, muscle pulls, among others. The sports medicine devices market mainly caters to the soft injuries market and qualifies for an important share of the global sports medicine market.
Arthroscopy is a minimally invasive medical procedure that has been constantly in demand owing to its minimally invasive nature and the fact that the procedure can also be utilized as a method to diagnose the condition of the joint. This procedure has been significantly contributing to the global sports medicine devices market.
This research report has been prepared based on a comprehensive market analysis with inputs from experts of the global sports medicine devices market. The report presents a comparative assessment of the sports medicine devices markets present in the Americas, Europe, the APAC region, and the Rest of the World. It also provides the global sports medicine devices industry landscape and its development prospects in the near future, together with a discussion on the major vendors participating in this market.
This report discusses the current market situation and its impact on the future growth of the global sports medicine devices market for the period of 2015 to 2019. To compute the market size of the sports medicine devices industry, the research report reflects on the revenue generated from the sale of sports medicine devices such as braces, arthroscopy devices, orthobiologics, fracture repair devices, prosthesis and joint implants, monitoring devices, and other recovery products and accessories.
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Major companies participating in the global sports medicine devices industry are Biomet, Smith & Nephew, Stryker, and Arthrex. Other players in the sports medicine devices market are Cramer Sports Medicine, Mueller Sports Medicine, BSN medical, Wright Medical Technology, DJO Global, Ottobock Healthcare, Zimmer, and Mitek Sports Medicine.
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