(Australia-NewsWire.Com, August 22, 2017 ) Sports Medicine gained a lot of traction in the recent years by helping athletes achieve what they couldn’t have done in the past. It has huge potential in store for the coming generations with the advent of new technologies and procedures.
Increasing Health concerns and awareness among the people are the common denominators in the healthcare field but the APAC region offers huge potential in the form of untapped markets. However, high cost of the new technologies and lack of proper infrastructural facilities act as barriers in this region.
The Asia-Pacific market for Sports Medicine is categorized by Type into Reconstruction and Repair Products and Support and Recovery Products. Further Reconstruction and Repair Products are segmented into Implants, prosthetics, Arthroscopy, Fracture and Ligament repair and Orthobiologics while Support and Recovery Products are segmented as Braces, Compression clothing, Monitoring Devices, Topical Relief Pain and Thermal Therapy. Orthobiologics is the most promising segment of all. Japan along western giants like USA and UK occupy about three fourths of the market.
In addition, By Application the market is analysed as Head injuries, Shoulder injuries, Elbow and Wrist injuries, Back and Spine injuries, Hip and groin injuries, Knee injuries and Foot and Ankle injuries. Besides that, the market is segmented Geographically by Region into China, India, Australia, Japan and South Korea. Asia Pacific Market has a huge potential, considering the population figures and growing incidences of sports related injuries.
Some of the major players in this market are Smith & Nephew PLC, Arthrex, Inc., össur hf, Stryker Corporation, Conmed Corporation, Zimmer Biomet, Holdings, Inc., Breg, Inc., Mueller Sports Medicine, Inc., Tornier, Inc., Skins International Trading AG, Wright Medical Technology, Inc., DePuy Mitek, Inc., 3M Company Ace Brand, OttoBock Healthcare GmbH and DJO Global, Inc.
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.