Sports Medicine Market Analysis, Size, Trends | Global | 2019-2025 | MedSuite

Sports Medicine Market Analysis, Size, Trends | Global | 2019-2025 | MedSuite

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  • Year: 2019
  • Scope: 2015-2025
  • Region: Brazil, China, Europe, India, Japan, United States
  • Published Date: 03/04/2019
  • Pages: 2468
  • Type: MedSuite

Industry Trends

Overall, the sports medicine market is projected to experience modest growth over the forecast period, largely limited by the longer durations of some of the procedures. Although arthroscopy offers many benefits when compared to open or mini-open surgeries, the operating time for arthroscopy is much longer. This limiting factor can be solved by innovations in products, such as knotless suture anchors.

The shift towards all-suture anchors, also known as soft anchors, is a major trend in the sports medicine market. Suture anchors are used in many segments in the market and the emergence of this new segment has shifted the dynamic of some the segments. All-suture anchors are smaller than the conventional suture anchors, being 1.8 mm in diameter as opposed to 3.0 mm in diameter. Requiring a smaller drill-hole allows for difficult procedures to be performed with less damage to the bone during drilling. All-sutures have been gaining market share in both the rotator cuff repair and shoulder labrum repair markets. As a result, many competitors have introduced their own all-suture anchor products.

Changing population demographics is also a prominent driver of growth in the sports medicine market. As the baby boomer generations reaches retirement, their need for soft tissue arthroscopic surgery increases. Soft tissue repair is required for wear and tear of tendons, ligaments and cartilage. This combined with the popularization of active lifestyles has made the need for orthopedic soft tissue repair increase. Arthroscopic surgery is becoming the preferable procedure as it is less invasive and reduces recovery time. Overall, the U.S. sports medicine market is projected to experience modest growth over the forecast period, which is however, largely limited by the longer durations of some of the procedures.

sports medicine market research, market values by segment for Japan, source: iData Research

Report Regional Coverage

Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:

  • United States
  • Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)
  • Japan
  • India
  • China
  • Brazil

 

The Only Medical Device Market Research With:

Procedure Volume Data & Trends
Unit Sales Growth Analysis
Average Selling Prices
Competitor Shares by Segment & Country
 SKU-Level Research Methods
 The Lowest Acquisition Cost

Highly Detailed Segmentation

While this report suite contains all orthopedic soft tissue repair market data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the sports medicine market research that you need. You can view these separate reports and segmentation here:

  • Procedure Volumes for Sports Medicine– MedPro
  • Tendon Graft Reinforcement Market – MedCore
  • Rotator Cuff Repair Market– MedCore
  • Shoulder Labrum Repair Market – MedCore
  • Biceps Tenodesis Repair Market– MedCore
  • ACL/PCL Reconstruction Market– MedCore
  • ACL/PCL Fixation Device Market– MedCore
  • Cartilage Repair Market – MedCore
  • Meniscal Repair Market – MedCore
  • Hip Arthroscopy Market – MedCore

Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More

Full Segmentation Map for the United States

sports medicine market segmentation in iData Research's latest report part 1

sports medicine market segmentation in iData Research's latest report part 2

Data Types Included

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • Forecasts Until 2025, and Historical Data to 2013
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • Procedure Volumes
  • Disease Overviews and Demographic Information
  • Company Profiles for Top Competitors

Sports Medicine Market Share Insights

While Arthrex is the clear leading competitor in the United States, in the European region they trail behind Smith & Nephew by a significant margin. Arthrex has maintained their position as market leader by establishing their presence in the shoulder market while continuing to grow their presence in the knee and hip arthroscopy markets. Arthrex was the market leader in the rotator cuff, shoulder labrum and biceps tenodesis markets with their extensive line of biocomposite suture anchors and screws.

For the knee market, Arthrex is trying to grow their shares with products in ACL/PCL fixation, cartilage repair and meniscal repair. Arthrex has a small market lead in the ACL/PCL fixation market due to their dominance of the interference screw market with their BioComposite™ interference screw and their ACL TightRope®. In addition, Arthrex is able to pick up on trends towards new technologies, creating the FiberTak™ all-suture product line in response to the growing all-suture market.

The leading competitor in Europe is Smith & Nephew, with a strong position in almost all of the market segments. The company has a wide coverage of products across the shoulder, knee and hip
segments. Smith & Nephew exhibited the strongest performance in the meniscal repair and hip arthroscopy markets and also had a notable position in the rotator cuff repair and shoulder alburm repair market. The company’s shoulder portfolio has a number of suture anchors like their BIORAPTOR™, OSTEORAPTOR™, HEALICOIL™, SPEEDLOCK™, SUTUREFIX™ and Q-FIX™.

In this series of reports we’ve analyzed over 56 manufacturers of these devices and provided a competitive analysis with market shares, see the entire list below.

 

All Companies Analyzed in this Study

  • AlloSource
  • Anika Therapeutics
  • Arcuro Medical
  • Artelon
  • Arthrex
  • Arthro Kinetics
  • Biocomposites
  • Bioretec
  • BIOTEK
  • BioTissue Technologies
  • CenoBiologics
  • Ceterix
  • Chetan Meditech Pvt. Ltd.
  • CO.DON
  • ConMed Linvatec
  • DePuy Mitek
  • Eberie
  • FH ORTHO
  • Genzyme Sanofi
  • Hardik International
  • Implanet
  • Inion
  • Integra LifeSciences
  • Johnson & Johnson
  • Joint Restoration Foundation
  • Karl Storz
  • LifeLink
  • LifeNet Health
  • MedShape
  • Medtronic
  • Merete
  • Microport
  • MinInvasive
  • Musculoskeletal Transplant Foundation
  • Orteq
  • OrthoD Group
  • Orthox
  • Osiris Therapeutics
  • Parcus Medical
  • Rotation Medical
  • RTI Biologics
  • SBM
  • Smith & Nephew
  • Stryker
  • Synthasome
  • Teknimed
  • TETEC
  • TiGenix
  • Tissue Regenix
  • Trauson
  • Uteshiya Medicare Pvt. Ltd.
  • Vericel
  • Vivex
  • Weigao
  • Wright Medical
  • Zimmer Biomet

Sports Medicine Statistics and Procedure Trends

Rotator cuff repairs are the second most common procedure performed in the United States with over 400,000 rotator cuff repairs done annually. The number of rotator cuff repairs should grow at a CAGR in the mid-to-low single digits, to nearly 600,000 by 2023. Rotator cuff repairs involve repairing tears in the rotator cuff tendon using suture anchors. These repairs are divided into single row and double row repairs, with double row repairs being used for larger tears. Single row repairs consists of two to three suture anchors while double row range from four to eight suture anchors per procedure. Single row repairs were the preferred technique in the past but double row procedures have since become the majority of the rotator cuff repair procedures done.

In Europe, rotator cuff repairs are just over half that of the United States, and a significantly greater portion of them performed using the Single Row method. Single row procedures are forecast to grow significantly over the forecast period, while double row rotator cuff repairs will remain flat.

Latest Market Developments

October 2018 – MinInvasive announced a limited U.S. launch of the OmniCuff™ device for rotator cuff repair. MinInvasive and MicroPort Scientific remain in pursuit of CFDA approval for the system in China.

June 2018 – The U.S. launch of DYNACORD Suture to repair soft tissue, such as, the rotator cuff in the shoulder, as part of the DePuy Synthes Mitek Sports Medicine portfolio.

April 2018 – AK Medical, a Chinese orthopedic firm, acquired the U.K.-based JRI Orthopedics for $24 Million. The deal will make JRI Orthopedics a wholly owned subsidiary of AK Medical.



One of the the most accurate methods of market research in the medical device industry is to analyze the procedure volumes and trends. Through this study on large joint devices, iData Research has performed an analysis on the following procedure segments in order to increase the accuracy of our market sizing, and provide you with the volume of procedures over a 10 year range. While the below market segmentation map is representative of the United States, procedure volume data is also provided for the other regions within this complete series.

Procedure Volume Analysis Segments in the United States

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