Athletic Knee Treatment Market Scope
Athletic knee treatment is a treatment of the knees of athletes of various sports like running, playing football, basketball, skiing, biking, or tennis. There are a host of injuries that athletes can sustain in their knees, and treatment options can vary from rest and ice to surgical repair of the joint's structure. Increasing sports activity and growing health consciousness among the people has led to significant growth of the global athletic knee treatment market in the forecast period.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Arthrex, Inc (United States), Smith & Nephew plc (United Kingdom), Stryker Corporation (United States), Breg Inc. (US), DJO Global, Inc. (United States), Mueller Sports, Inc. (United States), Wright Medical Group N.V. (United States), Medtronic (Ireland), RTI Surgical (United States), Performance Health International Limited (United States) and KARL STORZ (Germany) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Athletic Knee Treatment market throughout the predicted period.
Arthrex, Inc (United States), Smith & Nephew plc (United Kingdom), Stryker Corporation (United States), Breg Inc. (US), DJO Global, Inc. (United States), Mueller Sports, Inc. (United States), Wright Medical Group N.V. (United States), Medtronic (Ireland), RTI Surgical (United States), Performance Health International Limited (United States) and KARL STORZ (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Bauerfeind AG (United States), Össur (Iceland), MedShape (United States), Cramer Products (United States), Biotek ( India) and RôG Sports Medicine (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Athletic Knee Treatment market by Type and Region with country level break-up.
On the basis of geography, the market of Athletic Knee Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2023, medical device giant Stryker acquired Blue Belt Technologies, a pioneer in bioresorbable implants for knee cartilage repair. This deal expands Stryker's portfolio in a promising segment.
In December 2023, Bauerfeind, a German medical device company, launched the GenuTrain Omega knee brace. This new product features a patented Omega pad designed to provide targeted compression and support for various knee conditions.
Influencing Trend:
Technological Advancements in the Surgery Devices
Market Growth Drivers:
Increasing Incidence of Sports Injuries to Drive Market Growth and Rising Demand for Minimally Invasive Surgeries
Challenges:
Dearth of Skilled Professionals
Restraints:
High Cost of Orthopaedic Implants and Other Devices
Opportunities:
Advancements in Regenerative Medicine and Personalized Treatment
Key Target Audience
Athletic Knee Treatment Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others