Sports Medicine Market Analysis And Segment Forecasts by 2024
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Sports Medicine Market Analysis And Segment Forecasts by 2024 The global sports medicine market is expected to reach USD 11.6 billion by 2024, according to a new report by Grand View Research, Inc. Rising incidences of sports related injuries worldwide is anticipated to be high impact rendering driver for the lucrative growth of sports medicine market. Statistics published by the U.S. Consumer Product Safety Commission’s National Electronic Injury Surveillance System (NEISS) in 2012 suggested that, around 1.9 million people encountered such injuries. Browse the report: http://www.orbisresearch.com/reports/index/sports-medicine-marketanalysis-by-product-application-and-segment-forecasts-to-2024 Additionally, with aid of fitness awareness initiatives from government and health organizations, people nowadays are more focused on physical exercise including gym, outdoor sports and others fitness activities. This increases the sports related injuries, hence, contributing to the remunerative growth of market. Influx of technologically advanced products such as minimally invasive surgical products is anticipated to increase the demand for these devices over the forecast period.
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Sports Medicine Market Analysis And Segment Forecasts by 2024 Some key players in the sports medicine market include Stryker Corporation, Arthrex, ArthroCare, Tornier N.V., Wright Medical Technology, DJO Global, Otto Bock Healthcare, Ossur HF, Zimmer Holdings Inc., and Smith & Nephew Plc. Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/112771 New products launches, collaborations, mergers, and acquisitions are the key initiatives undertaken by these players. For instance, in May 2014 Smith & Nephew acquired ArthroCare, a medical device company based in the U.S. specialized in tissue repair devices. This acquisition helped company to enrich their product portfolio.
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