6 Growth Trends in Global Sports Medicine
Tuesday, July 28, 2015
The global sports medicine market is expected to grow rapidly in the near future, according to a Market Research Store report.
Here six trends:
1. The market was valued at $31.5 billion in 2014.
2. It is expected to reach a value of $53.6 billion in 2022.
3. The market is expected to grow at a compound annual growth rate of 6.8 percent.
4. Some of the key factors driving the market are the increasing number of sports injury cases; and the gaining popularity of western sports.
5. However, factors such as lack of trained professionals and cost of certain products may restraint the market growth.
6. Some of the key players in the market are Arthrex, Stryker, DJO Global, Zimmer Biomet and Smith & Nephews.