India Sports Medicine Market, By Products (Body Reconstruction Products, Body Support and Recovery Products), Application (Knee Injuries, Shoulder Injuries, Foot and Ankle Injuries, Elbow and Wrist Injuries, Back and Spine Injuries, Hip and Groin Injuries and Other Injuries), End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Others)-Industry Trends and Forecast to 2029
Market Analysis and Insights : India Sports Medicine Market
The sports medicine market is expected to witness market growth at a rate of 14.75% in the forecast period of 2022 to 2029. Data Bridge Market Research report on sports medicine market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the need for minimally invasive surgeries is escalating the growth of sports medicine market.
Sports medicine is known to be a division of healthcare that deals with improving people’s athletic performance. Sport medicine products help people in recovering from injuries and avoiding future injuries. Additionally, sports medicine has exhibited a substantial growth among all the other healthcare fields, as professionals in this field have the ability to treat not just athletes, but all types of people.
Major factors that are expected to boost the growth of the sports medicine market in the forecast period are the technological development in implants and the increase in the incidences of sports injuries around the world is further anticipated to propel the growth of the sports medicine market. Moreover, the growing research and development activities in sports medicine is further estimated to cushion the growth of the sports medicine market. On the other hand, the increasing healthcare expenses and shortage and dearth of trained professionals is further projected to impede the growth of the sports medicine market in the timeline period.
In addition, the constant influx of new products and treatment modalities will further provide potential opportunities for the growth of the sports medicine market in the coming years. However, the unsuitable reimbursement policies and concerning problems regarding health might further challenge the growth of the sports medicine market in the near future.
This sports medicine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sports medicine market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
India Sports Medicine Market Scope and Market Size
The sports medicine market is segmented on the basis of products, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of product, the sports medicine market is segmented into body reconstruction products and body support and recovery products. Body reconstruction products is further sub segmented into fracture and ligament repair products, arthroscopy devices, implants, prosthetic devices and orthobiologics. Body support and recovery products is further sub segmented into braces and supports, compression clothing and physiotherapy equipment. Physiotherapy equipment is further sub segmented into thermal therapy, electrostimulation and other therapies. Other therapies is further sub segmented into ultrasound therapy and laser therapy.
- On the basis of application, the sports medicine market is segmented into knee injuries, shoulder injuries, foot and ankle injuries, elbow and wrist injuries, back and spine injuries, hip and groin injuries and other injuries.
- On the basis of end user, the sports medicine market is segmented into hospitals, orthopedic clinics, ambulatory surgical centers and others.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The sports medicine market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the sports medicine market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the sports medicine market. The data is available for the historic period 2010-2020.
Competitive Landscape and Sports Medicine Market Share Analysis
The sports medicine market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the sports medicine market.
Some of the major players operating in the sports medicine market are Smith & Nephew, Mueller Sports Medicine, Inc., Arthrex, Inc., Medtronic, Johnson & Johnson Services, Inc., CONMED Corporation, Zimmer Biomet, RTI Surgical Holdings, Inc., DJO Global, Inc., Ossur Corporate, OTTOBOCK, Breg, Inc., Stryker Corporation, and Wright Medical Group N.V., among others.
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