Sports medicine is a section that includes physical health and the prevention and management of injuries in relation to exercises and sports. Sports medicine devices include a variety of medical products for the management, avoidance and recuperation of injuries, cropping up from playing different sports.
The sports medicine devices market is expected to be around USD 3 billion. It will reach more than USD 5 billion by 2020 by rising at a CAGR of around 9 percent by 2017. Various types of sports injuries encompass strains, sprains, joint dislodgments, fractures, soft tissue injuries and musculoskeletal injuries.
The sports medicine devices market is distinguished by minimally invasive arthroscopic methods which need patients to stay in the hospital for a short period of time. The methods of recuperation focus on fast recuperation from injuries. They also concentrate on providing continual check to steer clear of all kinds of additional injuries to joints or ligaments.
Contemporary sports medicine has progressed to a great extent and includes the application of a range of devices to protect the inured region. The sports medicine devices market includes implants used in repairing bones and the rebuilding of cartilage. Damages to the tendon and ligament are one of the widespread soft tissue injuries in sports.
The sports market caters specifically to soft injuries and occupies a vital share of the worldwide sports medicine devices market. Arthroscopy has become quite popular owing to its nature of minimal invasiveness and can be used to analyze and detect the condition of the joint. This has added considerably to the worldwide sports medicine devices market.
Two sports that are in the limelight for a boost in the number of proficient and non-proficient players are football and basketball. Both these sports, in combination with several other local games have become more popular in the last ten years. This is evident from a near about increase of 5 percent to 8 percent in the number of players of basketball each year.
These games, getting increasingly accepted in the countries of Asia endorse the demanding sports medicine devices market. This worldwide market can be divided on the basis of products, applications and regions. These insights are shared below.
This sector of the sports medicine devices market consists of arthroscopic, body recovery and support, body reconstruction and repair, evaluation and accessories and body monitoring products.
Arthroscopic products occupied the biggest share in the income of the entire market. It is estimated to grow from 2013 to 2019, at a CAGR of around 6 percent.
Application wise, the sports medicine devices market is divided into arm-elbow, shoulders, hand-wrist, ankle-foot, knee, hip-groin and back-spine.
The worldwide sports medicine devices market consists of four regions. These are Europe, North America, Asia and the rest of the world (RoW).
North America dominates the global sports medicine devices market. It occupies a share of about 40 percent in the total income. It will remain like this during the forecast period.
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