Global Sports Medicine Market Report 2014 - Worldwide Market Size, Share, Trend, Growth, Analysis and Research Report

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Date Submitted: 03/23/2015 06:08 AM

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Orthopedics is defined as the study of human musculoskeletal system. It is basically a branch of medical sciences dealing with the prevention and correction of injuries or disorders of the skeletal system and associated muscles, joints, and ligaments. Orthopedic surgeries offer an extensive range of cures and treatments for human beings.

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These include treatment of musculoskeletal trauma, sports injuries, tumors, congenital disorders, degenerative diseases and infections. The global orthopedic market is characterized by regular technological advancements aided by massive investments in research and development. Recent developments in arthroscopy techniques i.e. development of minimally invasive surgical techniques has provided a major breakthrough in the field of orthopedics with special application and usage in the sports medicine segment which has not only reduced complications of the medical procedure on a comparative basis but also has critically reduced the healing time for the injuries.

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The global sports medicine market, a subset of the orthopedic market, has been on a rising trend largely supported by increased number of cases of sports injuries owing to a shift in the demographic trends towards the elderly population and changes in lifestyle mainly pertaining to the younger population. Also, receding price responsiveness buoyed by improvements in global macro environment has further helped enlarging the patient base for the market. Under this market, majority of procedures are performed to repair knee damage, most notably to the meniscus, treating sport related injuries such as...