DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/j6jdjs/sports_medicine_im) has announced the addition of GlobalData's new report "Sports Medicine Implants Market - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2018" to their offering.

Sports Medicine Implants Market Sprints Ahead as Injuries Become More Common

The growing number of people injuring themselves during sport is driving the sports medicine implants market, states a new report by healthcare experts GlobalData.

According to the research*, an increase in injury rates in combination with an aging population and more technologically advanced implant options will see the global sports medicine implant market grow from a 2011 figure of $1 billion, to reach $1.6 billion by 2018, at a Compound Annual Growth Rate (CAGR) of 6.7%.

The US has the largest market for these implants, accounting for 49% of the global market last year. The 2011 value stood at $517.8m, which GlobalData expects will increase at a CAGR of 6.8% by 2018 to reach $820m.

There was a 27% increase in football-related injuries among children and adolescents aged between six and 17 years during 1990-2007, with an estimated 5,252,721 being treated in US emergency departments. Soft tissue damage accounted for approximately 24% of these injuries - an ailment that often requires the use of sport medicine implants.

Advances in implant technology are also set to play a role in boosting the sports medicine implants market. There is a growing preference for implants constructed from biocomposite materials, due to their greater efficacy and safety when compared to traditional metal varieties.

Advantages of newer implants also enable easier post-operative imaging, revision surgery, and the enabling of bone formation within the screw. These implants are, however, more expensive than their metal counterparts, and most major manufacturers have launched biocomposite models in order to benefit financially from the surging adoption rates.

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