3M, Smith & Nephew plc. , Wright Medical Technology, Inc. and Zimmer Holdings Inching Towards the Top-Spot in the Global Sports Medicine Market

Oct 20, 2015, 06:00 ET from Mordor Intelligence LLP

BANGALORE, October 20, 2015 /PRNewswire/ --

Mordor Intelligence is pleased to announce the publication of the report on Global Sports Medicine Market on October 20, 2015. This report discusses the market in detail.

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The report is a study on the global sports medicine market along with an in-depth analysis of the Asian, North-American, European and other regional markets.

Sports medicine is all about physical fitness and the prevention & treatment of sport related injuries. It is segmented based on treatment procedure, type of product, target area and geographical terrains. The treatment procedure is subdivided into bone, ligament, tendon and cartilage reconstruction & repair treatment along with other surgical procedures. The product segment includes orthopedic products and recovery based products and the target area parameter segment includes the knee, shoulder, hip, elbow, hand, wrist, spine and other major areas of impact.

The global market for sports medicine currently accounts for US $14.7 billion and is expected to grow with healthy CAGR of 6.91% till the 2020 to mark the market value of US $20.5 billion.

Globally, North America occupies 43% of the market share. This can be credited to the advancement in technology. Other regions are expected to gradually increase their market share. Europe trails North America in terms of market share. China and India are promising markets as sport related injuries in these regions are increasing.

Get the full report here: Global Sports Medicine Market

The major players in the sports medicine market are 3M, Arthrex, Arthrocare, Biomet, Bird and Cronin Inc., Conmed Corporation, DePuy Mitek Inc., Mueller Sports Medicine Inc., Ossur, Smith & Nephew, Stryker Corporation, Wright Medical Technology and Zimmer Holdings.

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SOURCE Mordor Intelligence LLP