Sports Medicine Device Market to Expand to $8.2 Billion by 2019, Transparency Market Research

Transparency Market Research release a new research report, titled “Sports Medicine Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”.
According to the report:

[T]he global sports medicine devices market is anticipated to expand at a 4.40% CAGR from 2013 to 2019, growing from a value of US$6.1 bn in 2012 to US$8.2 bn by 2019.
On the basis of type of device, the sports medicine devices market is bifurcated into orthopedic products and support and recovery products. The segment of orthopedic products comprises arthroscopy devices, artificial joint implants, prosthesis, fracture repair devices, and orthobiologics. Among these, arthroscopy devices held the largest share of the sports medicine devices market. Pegged at a value of US$1.59 bn in 2012, this sub-segment is projected to develop at a 5.80% CAGR from 2013 to 2019. The market for prosthesis is anticipated to expand at a rather slow pace during the forecast period.

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