Global Sports Medicine Market size to Exceed $9 Bn by 2025

Global Sports Medicine Market size is set to exceed USD 9 billion by 2025; according to a new research study published by Global Market Insights, Inc.
 

Rising number of injuries due to increasing adoption of sports activities will act as high impacting factor for sports medicine market growth. Growing number of body reconstruction surgeries will impel the demand for sports medicine products, driving the sports medicine business growth over the forecast period.

 

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Growing government initiatives and policies supporting sports activities will impel the market growth. Several schools and institutes are adopting sports programmes to increase the participation of the youth in order to enhance physical fitness. Such initiatives that escalate adoption of sports activities, will boost the demand for body support and reconstruction products to prevent and treat sports injuries.
 

Global Sports Medicine Market

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Browse key industry insights spread across 170 pages with 201 market data tables & 8 figures & charts from the report,Sports Medicine Market Size By Product (Body Reconstruction Products {Implants, Fracture and Ligament Repair Products, Arthroscopy Devices, Prosthetics}, Body Support and Recovery Products {Braces and Supports, Compression Clothing, Physiotherapy Equipment}), By Injury Type (Knee Injuries, Shoulder Injuries, Foot and Ankle Injuries, Elbow and Wrist Injuries, Back and Spine Injuries, Hip and Groin Injuries), By End-use (Hospitals, Ambulatory Surgical Centers, Clinics), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Russia, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sports-medicine-market
 

Body reconstruction products market dominated the global sports medicine market in 2018 and is forecasted to witness 6.4% CAGR during the projected period. Body reconstruction products include implants, prosthetics, arthroscopy devices, fracture and ligament repair products and others, providing efficient treatment for physical injuries. Increasing number of physical injuries during sports activities will positively influence the segmental growth. Furthermore, advancements in reconstruction products including orthobiologics will drive body reconstruction products segment growth over the forecast timeframe.
 

Knee injuries segment will witness robust growth at 6.5% CAGR during the analysis period. High growth is attributed to growing prevalence of knee arthroscopy surgeries coupled with growing number of anterior cruciate ligament (ACL) injuries. Developments in knee implants, used in replacement surgeries should further stimulate the segmental growth over the coming years.   
 

Hospitals segment held more than 35% market share in 2018 and is estimated to grow at significant rate over the foreseeable future. Majority of replacement surgeries occur in hospitals owing to well-developed infrastructure and advanced devices for treatment. Furthermore, availability of skilled professionals and cost benefits will offer momentous business growth in the upcoming years.  
 

U.S. sports medicine market will grow at considerable pace at over 6% CAGR. Growing incidence of physical injuries due to physical activities such as sports and exercise will drive the U.S. market growth over the coming years. Government initiatives coupled with increasing focus on R&D activities for the development of superior treatment therapies for sports injuries will further drive the U.S. sports medicine industry growth.
 

Increasing sports activities and initiatives will drive Australia sports medicine market growth over the projected period. High performance technologies and treatment management will further stimulate industry growth. Active participation of people in sports along with favorable sports policies will additionally lead to business growth in the country.
 

Some of the key industry players operating in sports medicine market are Arthrex, Inc., CONMED Corporation, DePuy Synthes, Smith and Nephew and Stryker among the other players. Companies are concentrating on adoption of various strategies including new product launch, partnerships, acquisitions & mergers to expand their business position. Major industry players are focusing their efforts on emerging markets to gain significant market share as well as of competitive edge on these promising markets.   
 

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Sports medicine market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:

Global Sports Medicine Market, By Product, 2014-2025 (USD Million)

  • Body Reconstruction Products
    • Implants
    • Fracture and Ligament Repair Products
    • Arthroscopy Devices
    • Prosthetics
    • Others
  • Body Support and Recovery Products
    • Braces and Supports
    • Compression Clothing
    • Physiotherapy Equipment
    • Others
  • Others

Global Sports Medicine Market, By Injury Type, 2014-2025 (USD Million)

  • Knee Injuries
  • Shoulder Injuries
  • Foot and ankle Injuries
  • Elbow and wrist Injuries
  • Back and spine Injuries
  • Hip and groin Injuries
  • Other Injuries

Global Sports Medicine Market, By End-use, 2014-2025 (USD Million)

  • Hospitals
  • Ambulatory Surgical Centres
  • Clinics
  • Others

The above information is provided for the following regions/countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

 

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