Sports Medicine Devices | Europe (Supplemental) | 2018 | Market Analysis
The COVID-19 pandemic has significantly impacted the European sports medicine device market as regional restrictions on elective procedures resulted in delays to sports medicine procedures and declining unit sales. Recovery of the market will depend on a number of factors, including the ability of facilities to return to prepandemic capacity and the pace of vaccine distribution across Europe. The crisis has significantly impacted the market in the short-term; however, the market will grow at a moderate pace through the forecast period, primarily as a result of favorable demographics, an ongoing focus on surgeon training, and the uptake of premium-priced products. However, cost constraints on hospitals and the prevalence of alternative techniques will limit ASPs and revenue expansion over the forecast period.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for sports medicine devices in Europe across a 11-year period.
