Global $13.4 Bn Sports Medicine Market to 2026 - Key Players are Stryker, Arthrex., Tornier, and Wright Medical Technology

World News: . []

Dublin, July 12, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. The global sports medicine market size is expected to reach USD 13.4 billion by 2026It is anticipated to expand at a CAGR of 7.8% during the forecast period. Changing lifestyle and shift towards healthier living coupled with rising incidence of sports injuries and the number of professional athletes across the globe is projected to further fuel the growth.Introduction of new games in Olympics and other international sports events is encouraging people to choose sports as a career. For instance, kitesurfing was introduced in 2016 Rio Olympics. In addition, the International Olympic Committee announced the addition of five new sports in the Tokyo 2020 games which, includes skateboard, surfing, baseball/softball, sports climbing, and karate.Furthermore, perks associated with a sports career are expected to increase the number of youths seeking professional sports. Some of these perks include High remuneration, celebrity status and fame, availability of other sources of income such as endorsements, and access to best medical care. This factor is anticipated to drive adoption of sports as the primary career, which is projected to drive the market for sports medicine.Presence of opportunities such as corporate funding and scholarships and developing sports infrastructure are expected to propel growth of the sports medicine market growth. This is expected to increase the number of people seeking a career in sports. Athletes are prone to accidents and injuries, which is likely to drive the market. For instance, the Sports Sector Strategy of Qatar (2011-2016) is working toward increasing physical activity of their citizens and promoting participation in professional sports. Hence, the market growth is anticipated over the forecast period.

For more information about this report visit

Research and Markets also offers services providing focused, comprehensive and tailored research.


CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Sports Medicine and Physiotherapy

More news and information about Research and Markets

Published By:

Globe Newswire: 15:05 GMT Friday 12th July 2019

Published: .

Search for other references to "global" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us