PUBLISHER: Renub Research | PRODUCT CODE: 1452699
PUBLISHER: Renub Research | PRODUCT CODE: 1452699
Sports Medicine Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Top Companies Analysis
Sports Medicine Market is predicted to be around US$ 10.34 Billion by 2030, according to Renub Research. Sports medicine has currently become vital because it can help us keep our bodies healthy and avoid more intense issues later on. Sports medication is an exceptionally specialized concern that prevents, diagnoses, and treats injuries. It gives a vital service to athletes who've sustained harm throughout their sport, letting them go back to the competition as soon as feasible without compromising their protection or risking re-harm. Sports medicine additionally allows humans to recover from injuries associated with different activities, like working out or even sitting too long at work.
Sports Medicine Market is expected to experience a CAGR of 6.04% between 2024 and 2030
Sports-associated accidents are a substantial propelling force within the sports medicine market because of their high prevalence and terrible impact on athletes' performance and well-being. As human beings worldwide increasingly participate in sports activities and physical sports, accidents consisting of sprains, fractures, and muscle traces have multiplied. In America alone, approximately 30 million kids and teenagers take part in organized sports, and over 3.5 million injuries every 12 months cause members to miss a while from their sports activities. Hence, there may be a developing need for superior treatment alternatives, rehabilitation services, and preventive measures presented via the sports medication company to assist athletes recover and improve their overall performance.
Furthermore, technological advancements in orthopedic implants and minimally invasive surgical strategies propel the global sports medicine market. These improvements provide specific, less invasive, quicker recovery alternatives, with advanced materials like titanium alloys improving implant durability. Minimally invasive processes like arthroscopy reduce trauma and healing times, driving demand. In Asia Pacific, speedy urbanization, rising disposable incomes, accelerated sports participation, and developing awareness of fitness fuel market increase, supported by healthcare infrastructure, facilitating accessibility to sports activities remedy interventions. Consequently, the Sports Medicine Market was priced at US$ 6.86 Billion in 2023.
Accessories may have a significant impact on the worldwide sports medicine market
By products, the sports medicine market is fragmented into Body Reconstruction & Repair, Accessories, Body Monitoring & Evaluation, and Body Support & Recovery. Accessories could play a crucial role in the global sports medicine market by complementing treatment and rehabilitation efforts for sports-associated injuries. These include braces, wraps, tapes, and compression garments, offering aid, stability, and pain alleviation to injured athletes. Besides, accessories are a resource in harm prevention, performance enhancement, and post-exercise recovery, making them essential additives of complete sports medication solutions to optimize athletic overall performance and well-being.
Foot and ankle injuries have the potential to become a significant market segment in the realm of sports medicine worldwide
Among applications, the sports medicine market is segmented into Knee Injuries, Shoulder Injuries, Foot and Ankle Injuries, Hip and Groin Injuries, Elbow and Wrist Injuries, Back and Spine Injuries, and Others. Foot and ankle injuries could represent an essential international sports medicine market segment. This is because of their frequency and impact on athletes. These injuries, such as sprains, fractures, and tendonitis, can considerably impair mobility and performance. As such, specialized diagnostic tools, remedy modalities, and rehabilitation protocols tailor-made to foot and ankle accidents are vital for athletes to set off restoration and return to play, driving demand in the sports medicine market.
Hospitals play a significant role in the sports medicine industry
The sports medicine market is classified based on its end-users, which include hospitals, ambulatory surgery centers, physiotherapy centers, and clinics. Hospitals are among the key players within the sports medicine market owing to their role as primary care vendors for sports activities-related injuries. They offer specialized diagnostic offerings, surgical interventions, rehabilitation applications, and access to multidisciplinary medical groups, ensuring complete care for athletes and active individuals.
The sports medicine market in India may experience an increase in demand
Based on country, the sports medicine market is separated into North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, the Netherlands, and Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, and New Zealand), Latin America (Brazil, Mexico, and Argentina), Middle East & Africa (South Africa, Saudi Arabia, and the United Arab Emirates). India is predicted to witness improved demand for sports medicine, partly attributed to authorities' projects promoting national sports. Programs like the NSTC (National Sports Talent Contest Scheme) by the Sports Authority of India aim to attract younger talent at the sub-junior level, fostering participation in sports activities among students aged eight to fourteen. Similar tasks boost focus and drive market enlargement, indicating a promising outlook for India's sports medicine market in the coming years.
Key Players
The sports medicine market is comprised of companies like Zimmer Biomet Holdings, Inc., Medtronic Plc., Smith & Nephew Plc., Stryker, Novartis AG, Johnson & Johnson Services, Inc., CONMED Corporation, Surgalign Holdings.
Product - Sports Medicine Market breakup in 4 viewpoints:
1. Body Reconstruction & Repair
2. Accessories
3. Body Monitoring & Evaluation
4. Body Support & Recovery
Application - Sports Medicine Market breakup in 7 viewpoints:
1. Knee Injuries
2. Shoulder Injuries
3. Foot and Ankle Injuries
4. Hip and Groin Injuries
5. Elbow and Wrist Injuries
6. Back and Spine Injuries
7. Others
End-User - Sports Medicine Market breakup in 4 viewpoints:
1. Hospitals
2. Ambulatory Surgery Centers
3. Physiotherapy Centers
4. Clinics
Country - Sports Medicine Market breakup of 25 Countries covered in the Report:
1. North America
- 1.1 United States
- 1.2 Canada
2. Europe
- 2.1 France
- 2.2 Germany
- 2.3 Italy
- 2.4 Spain
- 2.5 United Kingdom
- 2.6 Belgium
- 2.7 Netherland
- 2.8 Turkey
3. Asia Pacific
- 3.1 China
- 3.2 Japan
- 3.3 India
- 3.4 South Korea
- 3.5 Thailand
- 3.6 Malaysia
- 3.7 Indonesia
- 3.8 Australia
- 3.9 New Zealand
4. Latin America
- 4.1 Brazil
- 4.2 Mexico
- 4.3 Argentina
5. Middle East & Africa
- 5.1 Saudi Arabia
- 5.2 UAE
- 5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Zimmer Biomet Holdings, Inc.
2. Medtronic Plc.
3. Smith & Nephew Plc.
4. Stryker
5. Novartis AG
6. Johnson & Johnson Services, Inc.
7. CONMED Corporation
8. Surgalign Holdings
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Sports Medicine Market
6. Market Share - Global Sports Medicine
- 6.1 By Product
- 6.2 By Application
- 6.3 By End User
- 6.4 By Countries
7. Product - Global Sports Medicine Market
- 7.1 Body Reconstruction & Repair
- 7.2 Accessories
- 7.3 Body Monitoring & Evaluation
- 7.4 Body Support & Recovery
8. Application - Global Sports Medicine Market
- 8.1 Knee Injuries
- 8.2 Shoulder Injuries
- 8.3 Foot and Ankle Injuries
- 8.4 Hip and Groin Injuries
- 8.5 Elbow and Wrist Injuries
- 8.6 Back and Spine Injuries
- 8.7 Others
9. End User - Global Sports Medicine Market
- 9.1 Hospitals
- 9.2 Ambulatory Surgery Centers
- 9.3 Physiotherapy Centers and Clinics
10. Countries - Global Sports Medicine Market
- 10.1 North America
- 10.1.1 United States
- 10.1.2 Canada
- 10.2 Europe
- 10.2.1 France
- 10.2.2 Germany
- 10.2.3 Italy
- 10.2.4 Spain
- 10.2.5 United Kingdom
- 10.2.6 Belgium
- 10.2.7 Netherland
- 10.2.8 Turkey
- 10.3 Asia Pacific
- 10.3.1 China
- 10.3.2 Japan
- 10.3.3 India
- 10.3.4 South Korea
- 10.3.5 Thailand
- 10.3.6 Malaysia
- 10.3.7 Indonesia
- 10.3.8 Australia
- 10.3.9 New Zealand
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.2 Mexico
- 10.4.3 Argentina
- 10.5 Middle East & Africa
- 10.5.1 Saudi Arabia
- 10.5.2 UAE
- 10.5.3 South Africa
11. Porter's Five Forces Analysis - Global Sports Medicine Market
- 11.1 Bargaining Power of Buyers
- 11.2 Bargaining Power of Suppliers
- 11.3 Degree of Rivalry
- 11.4 Threat of New Entrants
- 11.5 Threat of Substitutes
12. SWOT Analysis - Global Sports Medicine Market
- 12.1 Strength
- 12.2 Weakness
- 12.3 Opportunity
- 12.4 Threat
13. Key Players Analysis
- 13.1 Zimmer Biomet Holdings, Inc.
- 13.1.1 Overview
- 13.1.2 Recent Development
- 13.1.3 Revenue Analysis
- 13.2 Medtronic Plc.
- 13.2.1 Overview
- 13.2.2 Recent Development
- 13.2.3 Revenue Analysis
- 13.3 Smith & Nephew Plc.
- 13.3.1 Overview
- 13.3.2 Recent Development
- 13.3.3 Revenue Analysis
- 13.4 Stryker
- 13.4.1 Overview
- 13.4.2 Recent Development
- 13.4.3 Revenue Analysis
- 13.5 Novartis AG
- 13.5.1 Overview
- 13.5.2 Recent Development
- 13.5.3 Revenue Analysis
- 13.6 Johnson & Johnson Services, Inc.
- 13.6.1 Overview
- 13.6.2 Recent Development
- 13.6.3 Revenue Analysis
- 13.7 CONMED Corporation
- 13.7.1 Overview
- 13.7.2 Recent Development
- 13.7.3 Revenue Analysis
- 13.8 Surgalign Holdings
- 13.8.1 Overview
- 13.8.2 Recent Development
- 13.8.3 Revenue Analysis
List of Figures
- Figure-01: Global - Sports Medicine Market (Billion US$), 2019 - 2023
- Figure-02: Global - Forecast for Sports Medicine Market (Billion US$), 2024 - 2030
- Figure-03: Product - Body Reconstruction & Repair Market (Million US$), 2019 - 2023
- Figure-04: Product - Forecast for Body Reconstruction & Repair Market (Million US$), 2024 - 2030
- Figure-05: Product - Accessories Market (Million US$), 2019 - 2023
- Figure-06: Product - Forecast for Accessories Market (Million US$), 2024 - 2030
- Figure-07: Product - Body Monitoring & Evaluation Market (Million US$), 2019 - 2023
- Figure-08: Product - Forecast for Body Monitoring & Evaluation Market (Million US$), 2024 - 2030
- Figure-09: Product - Body Support & Recovery Market (Million US$), 2019 - 2023
- Figure-10: Product - Forecast for Body Support & Recovery Market (Million US$), 2024 - 2030
- Figure-11: Application - Knee Injuries Market (Million US$), 2019 - 2023
- Figure-12: Application - Forecast for Knee Injuries Market (Million US$), 2024 - 2030
- Figure-13: Application - Shoulder Injuries Market (Million US$), 2019 - 2023
- Figure-14: Application - Forecast for Shoulder Injuries Market (Million US$), 2024 - 2030
- Figure-15: Application - Foot and Ankle Injuries Market (Million US$), 2019 - 2023
- Figure-16: Application - Forecast for Foot and Ankle Injuries Market (Million US$), 2024 - 2030
- Figure-17: Application - Hip and Groin Injuries Market (Million US$), 2019 - 2023
- Figure-18: Application - Forecast for Hip and Groin Injuries Market (Million US$), 2024 - 2030
- Figure-19: Application - Elbow and Wrist Injuries Market (Million US$), 2019 - 2023
- Figure-20: Application - Forecast for Elbow and Wrist Injuries Market (Million US$), 2024 - 2030
- Figure-21: Application - Back and Spine Injuries Market (Million US$), 2019 - 2023
- Figure-22: Application - Forecast for Back and Spine Injuries Market (Million US$), 2024 - 2030
- Figure-23: Application - Others Market (Million US$), 2019 - 2023
- Figure-24: Application - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-25: End User - Hospitals Market (Million US$), 2019 - 2023
- Figure-26: End User - Forecast for Hospitals Market (Million US$), 2024 - 2030
- Figure-27: End User - Ambulatory Surgery Centers Market (Million US$), 2019 - 2023
- Figure-28: End User - Forecast for Ambulatory Surgery Centers Market (Million US$), 2024 - 2030
- Figure-29: End User - Physiotherapy Centers and Clinics Market (Million US$), 2019 - 2023
- Figure-30: End User - Forecast for Physiotherapy Centers and Clinics Market (Million US$), 2024 - 2030
- Figure-31: United States - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-32: United States - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-33: Canada - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-34: Canada - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-35: France - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-36: France - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-37: Germany - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-38: Germany - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-39: Italy - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-40: Italy - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-41: Spain - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-42: Spain - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-43: United Kingdom - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-44: United Kingdom - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-45: Belgium - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-46: Belgium - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-47: Netherland - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-48: Netherland - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-49: Turkey - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-50: Turkey - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-51: China - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-52: China - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-53: Japan - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-54: Japan - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-55: India - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-56: India - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-57: South Korea - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-58: South Korea - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-59: Thailand - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-60: Thailand - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-61: Malaysia - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-62: Malaysia - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-63: Indonesia - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-64: Indonesia - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-65: Australia - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-66: Australia - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-67: New Zealand - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-68: New Zealand - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-69: Brazil - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-70: Brazil - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-71: Mexico - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-72: Mexico - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-73: Argentina - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-74: Argentina - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-75: Saudi Arabia - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-76: Saudi Arabia - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-77: UAE - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-78: UAE - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-79: South Africa - Sports Medicine Market (Million US$), 2019 - 2023
- Figure-80: South Africa - Forecast for Sports Medicine Market (Million US$), 2024 - 2030
- Figure-81: Zimmer Biomet Holdings, Inc. - Global Revenue (Million US$), 2019 - 2023
- Figure-82: Zimmer Biomet Holdings, Inc. - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-83: Medtronic Plc. - Global Revenue (Million US$), 2019 - 2023
- Figure-84: Medtronic Plc. - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-85: Smith & Nephew Plc. - Global Revenue (Million US$), 2019 - 2023
- Figure-86: Smith & Nephew Plc. - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-87: Stryker - Global Revenue (Million US$), 2019 - 2023
- Figure-88: Stryker - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-89: Novartis AG - Global Revenue (Million US$), 2019 - 2023
- Figure-90: Novartis AG - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-91: Johnson & Johnson Services, Inc. - Global Revenue (Million US$), 2019 - 2023
- Figure-92: Johnson & Johnson Services, Inc. - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-93: Conmed Corporation - Global Revenue (Million US$), 2019 - 2023
- Figure-94: Conmed Corporation - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-95: Surgalign Holdings - Global Revenue (Million US$), 2019 - 2023
- Figure-96: Surgalign Holdings - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
- Table-01: Global - Sports Medicine Market Share by Product (Percent), 2019 - 2023
- Table-02: Global - Forecast for Sports Medicine Market Share by Product (Percent), 2024 - 2032
- Table-03: Global - Sports Medicine Market Share by Application (Percent), 2019 - 2023
- Table-04: Global - Forecast for Sports Medicine Market Share by Application (Percent), 2024 - 2032
- Table-05: Global - Sports Medicine Market Share by End User (Percent), 2019 - 2023
- Table-06: Global - Forecast for Sports Medicine Market Share by End User (Percent), 2024 - 2032
- Table-07: Global - Sports Medicine Market Share by Countries (Percent), 2019 - 2023
- Table-08: Global - Forecast for Sports Medicine Market Share by Countries (Percent), 2024 - 2032
