(EMAILWIRE.COM, January 09, 2018 ) The Latin America Sports Medicine Market was worth $858 million in 2015 and estimated to be growing at a CAGR of 8.96%, to reach $1318 million by 2020. The market is showcasing evident potential in the mentioned forecasting period. Sports medicine market consists of products and procedures that are used by both amateur and professional sports persons all over the world. Typically, they help them in preventing and curing major ailments occurred due t76+he nature of the games. In some cases, they might enhance their performance also.

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Increasing Health concerns and awareness among the people are the common factors in the healthcare field but the Latin American region offers huge potential in the form of untapped markets. However, high cost of the new technologies and lack of proper infrastructural facilities act as barriers in this region.

The Latin America Sports Medicine Market is categorized by Type into Reconstruction and Repair Products and Support and Recovery Products. Further Reconstruction and Repair Products are segmented into Implants, prosthetics, Arthroscopy, Fracture and Ligament repair and Orthobiologics, which is the most promising segment of them all. On the other hand Support and Recovery Products are segmented as Braces, Compression clothing, Monitoring Devices, Topical Relief Pain and Thermal Therapy.

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In addition, By Application the market is analysed as Head injuries, Shoulder injuries, Elbow and Wrist injuries, Back and Spine injuries, Hip and groin injuries, Knee injuries and Foot and Ankle injuries. Besides that, the market is segmented Geographically by Region into Brazil, Argentina and Mexico.

Some of the major players in this market are Smith & Nephew PLC, Arthrex, Inc., össur hf, Stryker Corporation, Conmed Corporation, Zimmer Biomet, Holdings, Inc., Breg, Inc., Mueller Sports Medicine, Inc., Tornier, Inc., Skins International Trading AG, Wright Medical Technology, Inc., DePuy Mitek, Inc., 3M Company Ace Brand, OttoBock Healthcare GmbH and DJO Global, Inc.

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