Here are five things to know about the market:
1. The sports medicine field is rapidly growing, as healthcare providers who specialize in sports medicine also treat non-athletes.
2. An aging population, increasing participation in sports, technological advancements, rising awareness of health fitness and increasing sport-related injuries will all contribute to the growing market.
3. The sports medicine market faces obstacles, though, with non-favorable reimbursement policies and high costs.
4. Shoulder injuries dominate the market, with knee, mechanical resection, access and RF resection following sequentially.
5. Arthrex (North Naples, Fla.) and Smith & Nephew (London, UK) lead the market, with DePuy Synthes Mitek (Raynham, Mass.), Stryker (Kalamazoo, Mich.), ConMed Linvatec (Utica, NY)and Biomet (Warsaw, Ind.) following.
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