The global sports medicine devices market is expected to grow at a CAGR of 4.7 percent to $8.63 billion, based on a Zion Research report, according to EconoTimes.
Here are six notes:
1. In 2014, the global sports medicine devices market totaled $6.61 billion.
2. The knee application segment dominated the market with a 19 percent share in 2014.
3. Arthroscopy devices dominated the market segment with a 23 percent share of the market.
4. The Americas led the market, with a 43 percent market share.
5. China, India, Brazil and Russia will experience the most rapid growth.
6. Arthrex, Arthrocare, Biomet, Stryker, Wright Medical Technology, DJO Glboal, OttoBock Healthcare, Ossur and Zimmer lead the market.