Joint Repair Devices Market Comprehensive Review of its Top Companies, Investment trend, Growth Opportunities, Drivers, Technology and Future Prospects
The global
joint repair device in the sports medicine market is estimated to grow at a
rapid pace, due to the rise in sports injuries and minimally invasive
procedures. The increased point-of-care testing in sports is a major trend
within the joint repair devices in the sports medicine market. Point-of-care
testing involves a broad range of diagnostic uses with a wide range of product
types. The Point-of-care testing in sports can control metabolic sports and specific
conditioning. The Point-of-care testing devices are standardized to reduce
errors during diagnosis.
The joint
repair devices in the sports medicine market can be classified into surgical
devices and therapeutic devices. Surgical devices include arthroscopy devices
and joint implants, which help in refurbishment. Therapeutic devices include
recovery and support recovery devices such as, monitoring devices, braces and
supports, along with other accessories such as wraps and tapes, cold and heat therapy,
disinfectant wipes, and alcohol-based hand rub. Joint repair surgery is the
appropriate treatment for the dysfunction of joint related to sports injury and
severe joint pain. Generally, the joint repair procedure is performed through
keyhole surgery. The minimally intrusive joint keyhole procedure allows fast
recovery of patients.
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The
increased focus on developing products such as, bio-absorbable artificial
prostheses and technologies has provided vast opportunities for joint repair
devices in the sports medicine market. Precisely the joint prosthesis involves
a spacer, which is placed between the joint surfaces of bones to be joined. The
spacer is made of a biodegradable polymer, copolymer, polymer mixture, and
connectors. The connectors are created from patient's own soft or fibrous
tissue, which connects the spacer and help maintain its spot between the bones
to be combined, thereby establishing a stable joint replacement.
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Some of the
major competitors in the joint repair devices vartical in sports medicine are, Anika
Therapeutics, Inc, Breg, Inc, Ceterix Orthopaedics, Inc, Cayenne Medical,
CONMED, Intra Medical Systems Private Limited, KARL STORZ GmbH & Co. KG,
MedShape, Inc, NRV Othrrotech, Ottobock, Paul Medical Systems and Wright
Medical Technology, Inc.
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