Orthobiologics sector to play major role in global sports medicine market through 2021: 5 key points

Orthopedic Sports Medicine

The global sports medicine market will see significant growth through 2021, according to a Market Data Forecast report.

Here are five key points:

 

1. The market will likely reach $8.4 billion by 2021.

 

2. The market will grow at a compound annual growth rate of 8.1 percent through 2021.

 

3. The orthobiologics market will likely be the most promising sector of the sports medicine market, because of a boost in sports injuries' awareness.

 

4. Although the U.S. dominates the market, the Asia-Pacific market has great potential for growth.

 

5. Smith & Nephew, Arthrex, össur, Stryker, Conmed, Zimmer Biomet, Breg, Mueller Sports Medicine, Tornier, Skins International Trading, Wright Medical Technology, DePuy Mitek, 3M Company Ace Brand, OttoBock Healthcare and DJO Global represent dominate market players.

 

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