Global Sports Medicine Market Size, Trends, and Growth Opportunity, By Product (Body Reconstruction & Repair, Body Support & Recovery Products, Body Monitoring, Evaluation Devices, and Accessories), By Application (Knee Injuries, Shoulder Injuries, Ankle & Foot Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, & Other Injuries), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Others), By Region and Forecast to 2030.
Report ID : IR1002041 | Industries : Healthcare | Published On :June 2024 | Page Count : 157
Global Sports Medicine Market Size, Trends, and Growth Opportunity, By Product (Body Reconstruction & Repair, Body Support & Recovery Products, Body Monitoring, Evaluation Devices, and Accessories), By Application (Knee Injuries, Shoulder Injuries, Ankle & Foot Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, & Other Injuries), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Others), By Region and Forecast to 2030.
Global Sports Medicine Market
The Global Sports Medicine Market was valued at USD 9,500 million in 2022 and is expected to expand to USD 15,100 million by 2030, at a CAGR of 4.16% during the forecast period 2023-2030.
Sports medicine is a branch study of medicine that deals with the treatment and avoidance of injuries related to sports, exercise, and physical soundness. The individuals are the experts in averting illness and injury in active people. Sports medicine healthcare professionals work with athletes.
Market Drivers
The increase in the number of young people participating in sports-related activities increases the probability of sports injuries, and with the awareness of health issues, athletics has gained acceptance as a practicable means of maintaining physical fitness and withstanding lifestyle disorders which boosts the global sports medicine market.
Furthermore, a swift from proactive to preventive care for sports injuries is further projected to drive the market for sports medicine over the forecast period of 2030.
Market Restraints
Sports medicine is a new and evolving branch that does not have the proper professionals to handle it. There is a shortage of skilled professionals. With the higher rate of sports-related injuries, the need to address them is still not fulfilled due to few specialized people in this field. These factors hold a major restraint in the global sports medicine market.
Market Segmentation
The global sports medicine market is segmented into product, application, end-user, and region.
Based on product, the global sports medicine market is segmented into body reconstruction & repair, body support & recovery products, body monitoring, evaluation devices, and accessories.
Regional Analysis
The global sports medicine market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to command the sports medicine market due to the huge base of healthcare amenities, the existence of major players in the market, increasing government initiatives to surge the athletes for playing any sport, increased cases of sports injuries among the athletes and rising number of R&D activities in this region.
The Asia-Pacific region is expected to witness significant growth in CAGR during the forecast period of 2030 due to the large population base, the rising influx of new products & treatment modalities, and the increasing demand for quality healthcare in the region.
Key Players
Various key players are discussed in the global sports medicine market report including; Arthrex Inc., CONMED Corporation, Johnson & Johnson, Medtronic PLC, Mueller Sports Medicine Inc., Performance Health, Smith & Nephew, Stryker Corporation, Wright Medical Group, Zimmer Biomet Holdings Inc., and Others.
For instance, in 2022, DJO Global entered into a partnership agreement with the Professional Football Athletic Trainers Society (PFATS). The PFATS is a professional football athletic trainers’ organization. PFATS will recommend and approve specific DJO products as part of its partnership with DJO.
Market Taxonomy
By Product
• Body Reconstruction & Repair
• Body Support & Recovery Products
• Body Monitoring
• Evaluation Devices
• Accessories
By Application
• Knee Injuries
• Shoulder Injuries
• Ankle & Foot Injuries
• Back & Spine Injuries
• Elbow & Wrist Injuries
• Hip Injuries
• Other Injuries
By End User
• Hospitals
• Orthopedic Clinics
• Ambulatory Surgical Centers
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Sports Medicine Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Sports Medicine Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact Of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Sports Medicine Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Sports Medicine Market Share Analysis, By Product
5.3 Global Sports Medicine Market Size and Forecast, By Product
5.3.1 Body Reconstruction & Repair
5.3.2 Body Support & Recovery Products
5.3.3 Body Monitoring
5.3.4 Evaluation Devices
5.3.5 Accessories
6 Global Sports Medicine Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Sports Medicine Market Share Analysis, By Application
6.3 Global Sports Medicine Market Size and Forecast, By Application
6.3.1 Knee Injuries
6.3.2 Shoulder Injuries
6.3.3 Ankle & Foot Injuries
6.3.4 Back & Spine Injuries
6.3.5 Elbow & Wrist Injuries
6.3.6 Hip Injuries
6.3.7 Other Injuries
7 Global Sports Medicine Market, By End-User
7.1 Y-o-Y Growth Comparison, By End-User
7.2 Global Sports Medicine Market Share Analysis, By End-User
7.3 Global Sports Medicine Market Size and Forecast, By End-User
7.3.1 Hospitals
7.3.2 Orthopedic Clinics
7.3.3 Ambulatory Surgical Centers
7.3.4 Others
8 Global Sports Medicine Market, By Region
8.1 Global Sports Medicine Market Share Analysis, By Region
8.2 Global Sports Medicine Market Share Analysis, By Region
8.3 Global Sports Medicine Market Size and Forecast, By Region
9 North America Sports Medicine Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Sports Medicine Market Share Analysis, By Product
9.3 North America Sports Medicine Market Share Analysis, By Application
9.4 North America Sports Medicine Market Size and Forecast, By End-User
9.5 North America Sports Medicine Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Sports Medicine Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Sports Medicine Market Share Analysis, By Product
10.3 Europe Sports Medicine Market Share Analysis, By Application
10.4 Europe Sports Medicine Market Size and Forecast, By End-User
10.5 Europe Sports Medicine Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Sports Medicine Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Sports Medicine Market Share Analysis, By Product
11.3 Asia Pacific Sports Medicine Market Share Analysis, By Application
11.4 Asia Pacific Sports Medicine Market Size and Forecast, By End-User
11.5 Asia Pacific Sports Medicine Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Sports Medicine Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Sports Medicine Market Share Analysis, By Product
12.3 Latin America Sports Medicine Market Share Analysis, By Application
12.4 Latin America Sports Medicine Market Size and Forecast, By End-User
12.5 Latin America Sports Medicine Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Sports Medicine Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Sports Medicine Market Share Analysis, By Product
13.3 Middle East Sports Medicine Market Share Analysis, By Application
13.4 Middle East Sports Medicine Market Size and Forecast, By End-User
13.5 Middle East Sports Medicine Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Arthrex Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 CONMED Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 Johnson & Johnson
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Medtronic PLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Mueller Sports Medicine Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Performance Health
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Smith & Nephew
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Stryker Corporation
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Wright Medical Group
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Zimmer Biomet Holdings Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies