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As per Market Industry Reports (MIR) research findings, standardized, integrated sports medicine solutions set to open new avenues for stakeholders.
The global sports medicine market is a structured market and is largely governed by prominent players such as Depuy Synthes, Smith and Nephew, Stryker, Medtronic, Zimmer Biomet Holdings, Inc., Arthrex, Inc., DJO Global, Conmed, Berg and RTI Surgical, among others.
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Growth opportunities in the global sports medicine market looks promising for the coming eight to ten years. Increasing number of sports related injuries and road accident and high incidence of musculoskeletal disorders are some of the critical factors driving the global sports medicine market.
Moreover, technological advancements have also played a key role in shaping the growth of the sports medicine market. For instance, in Feb 2019, Breg, Inc. has launched Breg Quantum OA, an unloader knee brace for mild to severe osteoarthritis.
“Companies are focused on providing sports medicine that are cost efficient and help improving outcomes and creating an excellent patient experience,” said Nandkishor, Senior Analyst, Healthcare at MIR.
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From a regional perspective, Asia-Pacific is expected to witness highest CAGR in the coming years due rising focus of major players in emerging Asian countries and rising government support. North America commands the largest market share of the sports medicine market. The large share of this regional segment can be attributed to the growing need of sports medicine products and presence of advance therapy for sports medicine treatment in this region.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Sports Medicine Market Analysis and Industry Trends 2019-2030 | Conmed, Berg, RTI Surgical, Stryker, Medtronic