(MoneyNewsWire.Net, January 05, 2018 ) The North American Sports Medicine Market was worth $2002 million in 2015 and estimated to be growing at a CAGR of 7.6%, to reach $2869 million by 2020. Sports medicine by definition means the medical aid that sportspersons user for their injuries occurred while in action. Owing to popularity of many sports in the North American region, this market is thriving with a huge market share.
Browse Market data tables and in-depth TOC of the North America Sports Medicine Market to 2020 @ https://www.marketdataforecast.com/market-reports/north-america-sports-medicine-market-705/
Ever increasing demand in healthcare sector combined with growing expenditure of people led to the booming of the market. Sports Teams often envisage injuries as not only player loss but also monetary loss. So expenditure is high in this sector. Especially in countries like USA, where technology is abounded new technologies like minimally invasive surgeries and orthopaedics are taking a front row seat to view the growth. However, high cost of these new products and services acts as a hindrance to the market.
The North American market for Sports Medicine is categorized by Type into Reconstruction and Repair Products and Support and Recovery Products. Further Reconstruction and Repair Products are segmented into Implants, prosthetics, Arthroscopy, Fracture and Ligament repair and Orthobiologics while Support and Recovery Products are segmented as Braces, Compression clothing, Monitoring Devices, Topical Relief Pain and Thermal Therapy. Orthobiologics is the most promising segment of all, owing to rising global awareness of injuries in sports.
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In addition, By Application the market is analysed as Head injuries, Shoulder injuries, Elbow and Wrist injuries, Back and Spine injuries, Hip and groin injuries, Knee injuries and Foot and Ankle injuries. Besides that, the market is segmented Geographically by Region into USA and Canada. In the Market within as well as globally, USA is the leading force maintaining its dominating share throughout the review period and forecast period.
Some of the major players in this market are Smith & Nephew PLC, Arthrex, Inc., össur hf, Stryker Corporation, Conmed Corporation, Zimmer Biomet, Holdings, Inc., Breg, Inc., Mueller Sports Medicine, Inc., Tornier, Inc., Skins International Trading AG, Wright Medical Technology, Inc., DePuy Mitek, Inc., 3M Company Ace Brand, OttoBock Healthcare GmbH and DJO Global, Inc.
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