The sports medicine market is expected to reach $8.3 billion by 2020.
Here are five things to know:
1. North American is projected to account for the largest share of the market followed by Europe and Asia-Pacific respectively. Asia-Pacific is expected to grow at the highest CAGR during 2015 to 2020.
2. The sports medicine market is expected to be worth $5.6 billion in 2015. The market will reach $8.3 billion by 2020 with a CAGR of 8 percent.
3. Body reconstruction and repair products are expected to account for the major share of the sports medicine market this year.
4. The knee injuries segment is expected to account for the major share of the market in 2015.
5. Some of the key players in the market includes Arthrex, Smith & Nephew, DePuy Synthes, Stryker and CONMED.
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