North America Sports Medicines And Therapies Market At CAGR Of 8.6 % During Forecast Period 2023
North America Sports Medicine & Therapies Market Research Report, By Product (Helping Fractures Heal, Surgical Devices, Arthroscopy Devices, Orthopaedic Braces), By Area Of Application (Spine, Foot And Knee, Hip, Shoulder And Elbow
Pune, India – July 6, 2017 /MarketersMedia/ —
Sports are now a days considered as a mean to maintain the health. Sports medicines are used for the treatment of different sports injuries. North America sports medicines and therapies market is driven by increasing prevalence of sports injures, introduction of sports education in schools, adoption of sports by elderly people and increasing governmental support for research and development of the sports medicines. Increasing health care expenditure per person is also contributed for the growth of market. On other had lack of skilled professionals handling pediatrics sports injuries and high cost of treatment may hinder the growth of the market. North America sports medicine & therapies market is expected to grow at a CAGR of 8.6 % during forecasted period.
Geographically, North America sports medicine & therapies market is dominated by US. US share 65% of the total North America sports medicines and therapies market. Increasing pediatrics sports injuries in US is the major reason for the development of the market. According to the research one in every four school injuries are serious includes dislocation, fracture and brain damage. 62 % of sports related injuries occur during practices due to lack of safety measures.
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North America sports medicine & therapies market is segmented on the basis of product into helping fractures heal, surgical devices, arthroscopy devices, orthopaedic braces. Helping fractures heal are further sub segmented into bone graft substitutes, bone morphogenetics proteins, viscosupplementation, PRP, bone marrow concentrate and other. Surgical devices are sub segmented into plates, screws and other. Orthopaedic braces are sub segmented into knee braces, foot braces and supports and other.
On the basis of area of application the market is segmented into spine, foot and knee, hip, shoulder and elbow and other. On the basis of procedures the market is segmented into tendinosis, tendon to bone and cartilage repair. And on the basis of end user they are segmented into hospitals & emergency care, trauma centers, ambulatory care and other.
Key players for North America sports medicine & therapies market
• Smith & Nephew plc (UK)
• DePuy Synthes (US)
• Medtronics (UK)
• Zimmer (US)
• Arthrex, Inc. (US)
• Stryker Corporation (US)
• Breg, Inc. (US)
• CONMED Corporation (US)
• Tornier N.V. (US)
• DonJoy, Inc. (US)
• Mueller Sports, Inc.(US)
• Ottobock Healthcare GmbH (Germany)
• DJO Global (US)
• Cramer, Inc.(US)
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Smith & Nephew one of the global leaders in manufacturing healthcare products that help medical professional to provide quality and efficient healthcare headquartered in UK. This company share a major part of North America sports medicine and therapies market. In 2017, Smith & Nephew plc signed a distribution agreement and strategic investment with Leaf Healthcare, Inc. and in 2016 company has acquired BST-CarGel, a first-line cartilage repair product from Piramal Healthcare (Canada) Limited.
Medtronic is a global healthcare solutions company committed to improving the lives of people headquartered in UK. Stratis, TriTis and ArthroPort Cannula System are some of the major products of the company.
Stryker Corporation is a US headquartered medical device company. Company is involved in manifracturing of different medical devices which are used in the treatment of different injuries. Pivot cinchlock, Iconix and Biosteon are some of the major products of the company. In 2016, company has launched BIO Delivery System and in 2017 they has announced their collaboration with AlloSource for the distribution of medication use in treatment of sport injuries.
Arthrex, Inc a leading sports medicine and medical device company headquartered in US. Arthroscopic Knotless TFCC Repair, Elbow Arthroscopy Set Suture, FiberStick and ACL Preservation are the major products of the company. This company share approximately 25% of total market share.
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TABLE OF CONTENTS
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5. NORTH AMERICA SPORTS MEDICINE & THERAPIES MARKET, BY PRODUCT
5.1 HELPING FRACTURES HEAL
5.1.1 BONE GRAFT SUBSTITUTES
5.1.2 BONE MORPHOGENETICS PROTEINS
5.1.3 VISCOSUPPLEMENTATION
5.1.4 PRP
5.1.5 BONE MARROW CONCENTRATE
5.2 SURGICAL DEVICES
5.2.1 PLATES
5.2.2 SCREWS
5.2.3 OTHER
5.3 ARTHROSCOPY DEVICES
5.4 ORTHOPAEDIC BRACES
5.4.1 KNEE BRACES
5.4.2 FOOT BRACES AND SUPPORTS
5.4.3 OTHER
6. NORTH AMERICA SPORTS MEDICINE & THERAPIES MARKET, BY AREA OF APPLICATION
6.1 SPINE
6.2 FOOT AND KNEE
6.3 HIP
6.4 SHOULDER AND ELBOW
6.5 OTHER
7. NORTH AMERICA SPORTS MEDICINE & THERAPIES MARKET, BY PROCEDURES
7.1 TENDINOSIS
7.2 TENDON TO BONE
7.3 CARTILAGE REPAIR
8. NORTH AMERICA SPORTS MEDICINE & THERAPIES MARKET, BY END USERS
8.1 HOSPITALS & EMERGENCY CARE
8.2 TRAUMA CENTRES
8.3 AMBULATORY CARE
8.4 OTHER
9. NORTH AMERICA SPORTS MEDICINE & THERAPIES MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 US
9.2.2 CANADA
10 COMPETITIVE LANDSCAPE
10.1 MAJOR STRATEGIES ADOPTED BY MARKET PLAYERS
10.1.1 STRATEGIC PARTNERSHIP
10.1.2 MERGER & ACQUISITION
11 COMPANY PROFILE
11.1 ARTHREX, INC.
11.1.1 OVERVIEW
11.1.2 PRODUCT OVERVIEW
11.1.3 FINANCIALS
11.1.4 KEY DEVELOPMENTS
11.2 DEPUY SYNTHES
11.2.1 OVERVIEW
11.2.2 PRODUCT OVERVIEW
11.2.3 FINANCIALS
11.2.4 KEY DEVELOPMENTS
11.3 STRYKER CORPORATION
11.3.1 OVERVIEW
11.3.2 PRODUCT OVERVIEW
11.3.3 FINANCIALS
11.3.4 STRATEGY
11.3.5 KEY DEVELOPMENT
11.4 MEDTRONICS
11.4.1 OVERVIEW
11.4.2 PRODUCT OVERVIEW
11.4.3 FINANCIALS
11.4.4 KEY DEVELOPMENTS
11.5 SMITH & NEPHEW PLC
11.5.1 OVERVIEW
11.5.2 PRODUCT OVERVIEW
11.5.3 FINANCIALS
11.5.4 KEY DEVELOPMENTS
11.6 OTHERS
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