The
global sports medicine market is a very dynamic sector that has made a mark in
the healthcare industry in the last decade. The market has witnessed a spurt in
technology and has grown with the rise in diagnostic and therapeutic devices.
With a variety of sports gaining popularity, sports medicine is all set to play
an extremely vital role in a sportsperson’s vital statistics, monitoring, and
diagnostics by maintaining the highest level of balance between body exhaustion
and recovery.
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The
global sports medicine market, a subset of the orthopedic market, has been on a
rising trend largely supported by increased number of cases of sports injuries
owing to a shift in the demographic trends towards the elderly population and
changes in lifestyle mainly pertaining to the younger population. Also,
receding price responsiveness buoyed by improvements in global macro
environment has further helped enlarging the patient base for the market. Under
this market, majority of procedures are performed to repair knee damage, most
notably to the meniscus, treating sport related injuries such as anterior
cruciate ligament (ACL) damage, as well as age related damage from rheumatoid
arthritis. Sports Medicine consists of products used in orthopedic surgery for
treatment of soft tissue injuries to the knee, hip and shoulder. These
procedures are increasing in frequency as the population ages and wishes to
stay more active.
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The
report “Global Sports Medicine Market” provides an in-depth analysis of the
global market for sports medicine and orthopedics market. The major trends,
growth drivers as well as issues being faced by the industry are being
presented in this report. The major players in the industry, Smith &
Nephew, Stryker Corporation, Johnson & Johnson and Zimmer Biomet Holdings,
Inc. are being profiled.
The key
factors driving the growth of the sports medicine market are rising interest in
sports activities, rising healthcare expenditure, growing infrastructure in
sports medicine market, rising popularity of sports and ageing population. Some
of the noteworthy trends and developments of this industry are growth of
compression clothing and rising popularity of robotic assisted arthroscopy.
However, the expansion of global sports medicine market is hindered by high
costs of implants and new technology, declining reimbursement rates, lack of
trained healthcare workers and stringent regulations.
By
combining SPSS Inc.’s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the industry. We
employed various significant variables that have an impact on this industry and
created regression models with SPSS Base to determine the future direction of
the industry. Before deploying the regression model, the relationship between
several independent or predictor variables and the dependent variable was analyzed
using standard SPSS output, including charts, tables and tests.
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Some points from TOC:
1. Orthopedics Market
1.1 Overview
1.2 Global Orthopedics Market Size
-Market Value
-Key Segments
1.1 Overview
1.2 Global Orthopedics Market Size
-Market Value
-Key Segments
2. Arthroscopy Market
2.1 Overview
2.2 Arthroscopy Market Scenario
-Market Value
-Market Share
2.1 Overview
2.2 Arthroscopy Market Scenario
-Market Value
-Market Share
3. Sports Medicine Market
3.1 Overview
3.2 Sports Medicine Market Size
-Market Value
-Growth Rate
3.3 The US Sports Medicine Market
-Market Overview
-Market Segments
3.1 Overview
3.2 Sports Medicine Market Size
-Market Value
-Growth Rate
3.3 The US Sports Medicine Market
-Market Overview
-Market Segments
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