PUBLISHER: The Business Research Company | PRODUCT CODE: 1664730
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664730
Sports medicine devices encompass equipment designed to aid in the recovery of individuals from injuries sustained during sports, exercise, or physical activities. These devices play a crucial role in preventing and treating various musculoskeletal issues, including sprains, strains, fractures, ligament repairs, repetitive motion injuries, as well as upper and lower back pain resulting from sports-related activities.
Key products within the realm of sports medicine include implants, fracture and ligament repair tools, arthroscopy devices, prosthetics, and other related items. Implants refer to tissues or devices utilized inside or on the body following repair or replacement of a specific part. Sports medicine products cater to treating various injury types, including knee injuries, shoulder injuries, foot and ankle injuries, back and spine injuries, as well as hip and groin injuries. These products find application across a spectrum of end users such as hospitals, ambulatory surgery centers, physiotherapy centers, and clinics, supporting the diagnosis, treatment, and rehabilitation processes for athletes and individuals involved in physical activities.
The sports medicine devices market research report is one of a series of new reports from. The Business Research Company that provides sports medicine devices market statistics, including sports medicine devices industry global market size, regional shares, competitors with a sports medicine devices market share, detailed sports medicine devices market segments, market trends and opportunities, and any further data you may need to thrive in the sports medicine devices industry. This sports medicine devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The sports medicine devices market size has grown strongly in recent years. It will grow from $7.97 billion in 2024 to $8.62 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to rise in sports injuries, growing emphasis on physical fitness, increase in sports participation, expansion of arthroscopic procedures, focus on injury prevention programs, rising awareness among athletes.
The sports medicine devices market size is expected to see strong growth in the next few years. It will grow to $11.86 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to personalized medicine approaches, expansion of sports medicine clinics, nutritional strategies for performance enhancement, global sports events and sponsorships, focus on mental health in sports. Major trends in the forecast period include technological solutions for rehabilitation, telemedicine and remote monitoring, integration of wearable technologies, advanced orthopedic technologies, collaboration with sports teams and leagues.
The increasing incidence of sports injuries is projected to drive growth in the sports medicine device market in the coming years. Sports injuries refer to the various types of injuries that frequently occur during athletic activities. Sports medicine devices serve multiple purposes beyond just treating injuries; they are also employed for performance training, physical therapy, and injury prevention. Consequently, the rise in sports injuries is expected to positively impact the sports medicine devices market. For instance, in October 2024, Insideworldfootball, a UK-based online news service, reported a total of 4,123 sports injuries during the 2023-24 season, reflecting a 4% increase compared to the 2022-23 season. Thus, the rise in sports injuries is fueling the growth of the sports medicine device market.
The burgeoning fitness and wellness industry are anticipated to propel the sports medicine device market's expansion. Encompassing diverse enterprises, services, and products promoting physical health and mental well-being, this sector relies on sports medicine devices for assistance, safety measures, and rehabilitation. In July 2023, the International Health, Racquet, and Sports Club Association highlighted the $30 billion health and fitness sector's substantial growth in 2022. Similarly, the Global Wellness Economy Monitor 2023 report projects the healthy eating, nutrition, and weight reduction industry to reach $1,079 billion in 2022, emphasizing the pivotal role of sports medicine devices in this thriving industry.
Technological advancement is a significant trend gaining traction in the sports medicine device market. Leading companies in this sector are concentrating on developing innovative technologies. For example, in June 2023, Acuitive Technologies Inc., a US-based medical device manufacturer, launched the CITRELOCK ACL Tendon Fixation Device. This device features a spiral thread design that facilitates easy insertion and secure fixation without damaging the tendon. Additionally, it uses Citregen, an advanced resorbable material optimized for orthopedic applications. The device closely mimics the natural composition of bone, providing compressive strength comparable to cortical bone and a modulus similar to that of trabecular bone.
Major companies in the sports medicine device market are increasingly adopting a strategic partnership approach to enhance their capabilities. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in July 2022, Sculpteo, a France-based 3D printing company, formed a partnership with Daniel Robert Orthopedic, a Switzerland-based company specializing in orthopedic products and services, to develop a bio-sourced 3D-printed device. This collaboration aims to utilize the advantages of 3D printing to create lightweight, breathable, and flexible products tailored to each patient's unique anatomy. Additionally, the partnership seeks to streamline the manufacturing process, enabling rapid and cost-effective large-scale production while ensuring exceptional functionality, particularly for children's orthoses that require frequent size adjustments. Together, they are dedicated to delivering innovative solutions that enhance patient care and overall experiences.
In July 2024, Stryker, a US-based medical technology company, completed the acquisition of Artelon, Inc. for an undisclosed amount. This strategic move enables Stryker to enhance its sports medicine product line by incorporating Artelon's advanced synthetic technology, which focuses on improving ligament and tendon reconstruction. Artelon, Inc. specializes in providing innovative sports medicine devices.
Major companies operating in the sports medicine devices market include Arthrex Inc., Conmed Corporation, DJO LLC, Johnson & Johnson Services Inc., Stryker Corp., Smith & Nephew plc, Breg Inc., Mueller Sports Inc., Wright Medical Group NV, Medtronic Inc., RTI Surgical Holdings Inc., Performance Health International Limited, Karl Storz SE & Co. KG, Bauerfeind AG, MedShape Inc., Cramer Products Inc., RoG Sports Medicine, Zimmer Biomet Holdings Inc., Mitek Sports Medicine, DonJoy Orthopedics, Ossur public limited company, Otto Bock HealthCare GmbH, Bledsoe Brace Systems, Acumed LLC
North America was the largest region in the sports medicine device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the sports medicine devices market report during the forecast period. The regions covered in the sports medicine devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the sports medicine devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The sports medicine devices market consists of sales of pedometers, accelerometers, heart rate monitors, sleep monitors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sports Medicine Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sports medicine devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for sports medicine devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The sports medicine devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.