The global sports medicine market is expected to reach USD 11.6 billion by 2024, according to a new report by Grand View Research, Inc. Rising incidences of sports related injuries worldwide is anticipated to be high impact rendering driver for the lucrative growth of sports medicine market. Statistics published by the U.S. Consumer Product Safety Commission’s National Electronic Injury Surveillance System (NEISS) in 2012 suggested that, around 1.9 million people encountered such injuries.
Additionally, with aid of fitness awareness initiatives from government and health organizations, people nowadays are more focused on physical exercise including gym, outdoor sports and others fitness activities. This increases the sports related injuries, hence, contributing to the remunerative growth of market. Influx of technologically advanced products such as minimally invasive surgical products is anticipated to increase the demand for these devices over the forecast period.
For instance, in March 2015, Smith & Nephew launched Q-FIX implant, which assists surgeon’s flexibility for all sutures anchors along with fixation and pull-out strength equivalent to large sized anchors.
Browse full research report on Global Sports Medicine Market: http://www.grandviewresearch.com/industry-analysis/sports-medicine-industry
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global sports medicinemarket on the basis of product and region:
Global Sports Medicine Market by Product (USD Million), 2013 - 2024
Global Sports Medicine Market by Application (USD Million), 2013 - 2024
Sports Medicine Market By Region (USD Million), 2013 - 2024
Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-sports-medicine-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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