Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Sports Medicine Devices Market Expected to Reach USD 8.3 Billion Globally in 2019: Transparency Market Research


News provided by

http://www.transparencymarketresearch.com/

25 Feb, 2014, 15:30 GMT

Share this article

Share toX

Share this article

Share toX

ALBANY, New York, February 25, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Sports Medicine Devices Market (Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologics, Braces, Performance Monitoring Devices, Accessories, Other Recovery Products) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global sports medicine devices market was valued at USD 6.1billion in 2012 and is expected to grow at a CAGR of 4.4% from 2013 to 2019, to reach an estimated value of USD 8.3 billion in 2019.

Browse Global Sports Medicine Devices Market Report with Full TOC at http://www.transparencymarketresearch.com/sports-medicine-device-market.html

Sports medicine refers to a branch of medical field involving physical fitness, treatment and prevention of sports and exercise related injuries. A growing population across the globe is creating a larger pool of talent exploited by better health, nutrition, and coaching leading to thesurge in new medical device innovation in the sporting arena. New treatments aimed at preserving joint structures may protect young athletes from more invasive procedures. Alarge pool ofelderly population and their rising awareness for health and fitness, in order to control disorders like diabetes and obesity,contribute to the rise in number of injuries. This eventually will lead to growth of the marketglobally.The reimbursement scenario however is posing a challenge to the market growth. Most of the medial insurances do not cover sports injuries at school and college level and have other clauses which exclude out of state treatment. Rising cost of medical treatment and uncovered sports injuries have affected the parents support to sports activities among children in school.

The global market for sports medicine deviceshas been studied from the perspective of widely used orthopedic devices and number of procedures used to treat and recover from sports injuries.The report provides a detailed analysis of orthopedic products such as artificial joint implants, arthroscopy devices, fracture repair devices, prosthesis and orthobiologics. Detailed analysis for recovery and support products has also been included in the report. These products comprises braces, performance monitoring devices, accessories and other recovery products.The other recovery products segment includes thermotherapy, cryotherapy, ultrasound therapy, electric stimulation devices and compression clothing.

In 2012, arthroscopy devices accounted for the largest share by revenue of the total sports medicine devices market. The global arthroscopy devices market was valued at USD 1.6 billion in 2012 and is expected to grow at a CAGR of 5.8% from 2013 to 2019, to reach an estimated value of USD 2.4 billion in 2019. This market segment is followed by artificial joint implants and fracture repair devicesowing to the rise in demand for joint replacement procedures andhigh incidence rate of fractures. However, the product recalls caused due to factors such as corrosion, implant loosening, wear, and manufacturing errors are expected to have a major impact on the market revenue of these market segments.Braces form a major share of the recovery and support products in sports medicine contributing to around 22% of the total market share in 2012.A wide application of braces coupled with rising cost of rehabilitation has propelled the orthotics market in sports medicine.

In terms of revenue, North America forms the largest market for sports medicine devices with a share of around 40%. It is expected to maintain its position throughout the forecast period propelled byrise in injuries due to variety of sports, coupled with various increasing specialized sports medicine services.According toa research conducted by Safe Kids Worldwide, around 1.3 million children were treated in emergency rooms for sports related injuries in the year 2012 in U.S. alone. Europe forms the second largest market for sports medicine devices, due to the increased demand for treatment and prevention for sports injuries.Europe being the first preference for product launch owing to favorable regulatory agency has an advantage over the more stringent U.S. FDA regulations.

Asia-Pacific is expected to be the fastest growing region in the global sports medicine devices market from 2013 to 2019, owing to the surge in sports injuries, improving healthcare infrastructure, coupled with increasing fitness awareness amongst the youth as well as elderly population. Owing to low cost manufacturing regions and favorable taxation on the devices, these regions have been successful in attracting foreign players to enter this lucrative market. Significant support from the governments of these nations has also led to growth of this sector. This provides leverage for market growth in the Asia-Pacific region.Expansion of medical centers, organizations and hosting of medical conferences to create healthcare awareness is expected to the drive the sports medicine market in the developing regions of Latin America, the Middle East and Africa.

Related & Recently Published Reports by Transparency Market Research

  • Defibrillators Market: http://www.transparencymarketresearch.com/defibrillators-market.html
  • Polypropylene Market: http://www.transparencymarketresearch.com/polypropylene-market.html
  • Distribution Automation Market: http://www.transparencymarketresearch.com/distribution-automation-market.html
  • Aerial Imaging Market: http://www.transparencymarketresearch.com/aerial-imagery-market.html
  • Continuous Glucose Monitoring Market: http://www.transparencymarketresearch.com/continuous-glucose-monitoring.html
  • Industrial Protective Footwear Market: http://www.transparencymarketresearch.com/industrial-protective-footwear.html
  • Rapid Medical Diagnostic Kits Market: http://www.transparencymarketresearch.com/rapid-medical-diagnostic-kits.html
  • Colored PU Foams Market: http://www.transparencymarketresearch.com/colored-pu-foams-market.html

Arthrex, Arthrocare Corporation, Biomet, Smith and Nephew PLC, Zimmer, DepuyMitek, Ottobock, DJO Global and Ossur are some of the key players dominating the global sports medicine devices market. Moreover, a large number of new companies areon constant search for innovative technologies for repair of damaged tendons, meniscus, ligaments,cartilage, and other soft tissue structures in order toenter the sports medicine devices market.

The global sports medicine devices marketis segmented as follows:

Sports Medicine DevicesMarket, by Orthopedic Products

  • Artificial Joint Implants
  • Arthroscopy Devices
  • Fracture Repair Devices
  • Prosthesis
  • Orthobiologics    

Sports Medicine Devices Market, by Recovery and Support Products

  • Braces
  • Performance Monitoring Devices
  • Accessories
  • Other Recovery Products
    • Thermotherapy
    • Cryotherapy
    • Ultrasound
    • Electric Stimulation Devices
    • Compression Clothing

Sports Medicine Devices Market, by Geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://transparencymarketresearch.areavoices.com/

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.