The global sports medicine devices market is estimated to reach US$8284 billion by the year 2019, growing at a CAGR of 4.4% CAGR in the forecasted period.
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Key Drivers and Inhibitors
This market is driven by popularity of sports activities amongst the masses, technological developments, and greater preference for cost-effective methods of treatment. The global sports medicine devices market is segmented based on orthopedic products, recovery and support products, and geography. A possible constraint facing this market are the unfavorable reimbursement policies prevailing in the advanced economies of the world.
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This market research report on the global sports medicine devices market explains that this market is mainly dominated by the least invasive arthroscopic procedures that ensure long term effectiveness, and lesser hospital stay. This market research report has provided a comprehensive analysis of the market in terms of geography, the technology used, and the reimbursement coverage.
The market overview consists of the growth drivers, the market restraints, and the growth opportunities prevailing in the global sports medicine devices market. This report has also discussed the profiles, business strategies and the current developments with regard to the prominent players in this market give a clear picture of the competitive landscape.
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