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Asia-Pacific Sports Medicine Market –Industry Analysis 2016-2024

Asia-Pacific Sports Medicine Market,has accounted a market value of USD 3.7 billion in 2015 and is expected to grow to USD 9.3 billion in 2024, growin
Rubin McCarter | 29.08.2018
Asia-Pacific Sports Medicine Market © Rubin McCarter
Asia-Pacific Sports Medicine Market,has accounted a market value of USD 3.7 billion in 2015 and is expected to grow to USD 9.3 billion in 2024, growing at a CAGR of 12.2% during the forecast period 2016 to 2024.

According to Data Bridge Market Research new Market report “Asia-Pacific Sports Medicine Market, – Trends and Forecast to 2024”,

By Product Type (Orthobiologics (Bone Graft Substitutes, Viscosupplementation, BMC, PRP), Surgical Devices (Plates and Screws), Arthroscopy Devices, Orthopedic Braces and Supports),
By Body Area (Knee, Hip, Shoulder & Elbow, Foot & Ankle, Wrist & Hand),
By End Users (Orthopedic Clinics, Hospitals, Ambulatory Surgical Centers, Others),
By Country (China, India, Japan, South Korea, Singapore, Australia, Rest of APAC)
By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa)
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Major Players:

Some of the major players operating in this market are

Arthrex, Inc.,
Smith and Nephew,
Medtronic,
Depuy Synthes,
Stryker,
Conmed Corporation,
Zimmer, Inc.,
Japan MDM, Inc.,
DJO Global,
Ossur Corporate,
Ottobock Healthcare GmbH,
Breg, Inc.,
Tornier, Inc.,
Mueller Sports Medicine, Inc.,
Cramer Products, Inc.,
RTI Surgical among others.

Competitive Landscape: 

The Asia-Pacific sports medicine market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.


Market Segmentation: 

The Asia-Pacific sports medicine market is segmented based on product types, body area and end user segments.

Based On Product Type the Asia-Pacific sports medicine market is segmented into Orthobiologics, surgical devices, arthroscopy devices and orthopedic braces and supports. Orthobiologics are synthetic or biomaterials used as fillers or separately to align or reconstruct broken bones. They are widely used in the treatment of sports injuries such as ACL tear and others. 

Based on Body Area into knee, hip, shoulder and elbow, foot and ankle and, hand and wrist. The hip and knee segment is expected to dominate the market in 2016, and this trend is expected to continue in the forecasted years 2016 to 2024.

Based on End-Users the Asia-Pacific sports medicine market is segmented into hospitals, orthopedic clinics, ambulatory surgical centers and others. The orthopedic clinics segment is expected to hold the major share of this market in 2015, owing to increased day care surgeries over inpatient arthroscopy procedures in developed markets.

Based on Geography the Asia-Pacific sports medicine market is segmented into 7 countries, China, India, Japan, South Korea, Singapore, Australia and rest of APAC. Japan is expected to dominate the market in 2016, and will continue to be the leader in the forecast period 2017 to 2024. 


Industry Experts Details: https://databridgemarketresearch.com/news/product-launch/asia-pacific-sports-medicine-market/

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