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Sports Medicine Market Report With Latest Trends and Future Prediction; Statistics & Facts (Volume)

10-28-2022 03:35 PM CET | Sports

Press release from: Strategic Market Research

Sports Medicine Market Report With Latest Trends and Future

The global sports medicine market worth in 2021 was $6.90 billion, and it will reach $11.86 billion by 2030 at a 6.2% CAGR from 2021 to 2030. Sports medicine deals with promoting physical health and treating and finding ways to prevent sports injuries. Sports medicine enhances a player's performance, offer injury care, and support injury prevention strategies, including osteopathy and rehabilitation.

Make a Direct Purchase of the latest Sports Medicine Market Report published in the month of Sep-2022. Click the below link to initiate the purchase: https://strategicmarketresearch.com/buy-now/sports-medicine-market

Sports Medicine Market Insights:
· In 2021, the body repair and reconstruction segment held the largest market share of 33% on the basis of product.
· The knee injuries segment ruled the overall sports medicine market on the basis of the application.
· Geographically, in 2021, North America contributed the largest revenue share of about 39%.

Sports Medicine Market Dynamics
The increasing popularity of sports and physical activity, as well as increased consumer knowledge of sports medicine, is driving the global market for sports medicine. Due to shifting customer preferences and increased sports injuries worldwide, there is an increasing demand for the product. The business is expanding faster as more people choose sports as a career due to the accessibility of options like scholarships and corporate assistance.

The market for sports medicine is also expanding rapidly due to the growing need for minimally invasive procedures. The sector has been evolving continuously due to advances in technology and research which further guarantees that consumers will receive the best products possible. The increases in the number of sports events occurring worldwide, together with the rising government spending to construct new facilities and improve the existing sports infrastructure, are anticipated to further benefit the sports medicine market over the forecast period.

To get a first-hand overview of the report, Request a Sample at https://strategicmarketresearch.com/request-sample/sports-medicine-market

Sports Medicine Market: A thorough Segmentation Analysis
The worldwide Sports Medicine Market segmentation has been done on the basis of product, application, end-user, and region.

By Product:
Body Monitoring & Evaluation

• Musculoskeletal
• Hemodynamics
• Respiratory
• Cardiac
• Others
Body Reconstruction & Repair
• Soft Tissue Repair
• Bone Reconstruction Devices
• Surgical Equipment

Body Support & Recovery
• Hot & Cold Therapy
• Compression Clothing
• Braces and Other Support Devices

Accessories
• Wraps
• Tapes
• Disinfectants
• Bandages
• Other

By Application:
• Shoulders
• Knees
• Hips
• Ankle & Foot
• Back & Spine
• Elbow & Wrist
• Others

By End-User
· Ambulatory Surgery Centers
· Hospitals
· Physiotherapy Centers & Clinics

By Region
North America
· Canada
· United States

Europe
· United Kingdom
· Russia
· Spain
· Germany
· France
· Italy
· Rest of Europe

Asia Pacific
· Japan
· India
· South Korea
· China
· Australia
· Rest of Asia Pacific

LAMEA
· Argentina
· Brazil
· Mexico
· Rest of LAMEA

Middle East & Africa
• UAE
• South Africa
• Saudi Arabia
• Others

In 2021, the body repair and reconstruction segment held the largest market share of 33% on the basis of product. Devices, including surgical tools, soft tissue repair, and bone reconstruction tools, are included in the body reconstruction and repair sector. The significant market share was attributable to the rising use of arthroscopy devices in minimally invasive procedures and the use of ligament and fracture repair devices.

Geographically, in 2021 North America contributed for the largest revenue share of about 39%. Rapid product uptake will occur across the region due to the presence of key market participants, favourable reimbursement situations, an increase in medical facilities, and expanding investments in the development of sports medicine. Additionally, one of the main factors influencing the size of the regional market is the well-developed healthcare infrastructure and the rising usage of technologically advanced technologies to treat sports injuries.

Before initiating a purchase, make a Pre-order inquiry and get a detailed overview of the content of the report: https://strategicmarketresearch.com/pre-order-enquiry/sports-medicine-market

Key players in Sports Medicine Market:
· Arthrex Inc. (US), AlloSource
· Braun Melsungen AG
· Hanger Inc.
· Arthrex Inc. (US), AlloSource
· Novartis AG
· Johnson & Johnson Services, Inc.
· Medtronic
· Mueller Sports Medicine, Inc.
· Wright Medical Group NV.
· Otto Bock Healthcare GmBH
· Smith & Nephew plc
· Surgalign
· Össur
· Stryker
· AlloSource
· Arthrex Inc.
· CONMED Corporation
· Zimmer Biomet

The global market for sports medicine in 2021 reached $6.90 billion and will grow at a rate of about 6.2% between 2021 and 2030. The global market for sports medicine will rise due to several new product breakthroughs and increasing technological advancements.

To Know More Visit: https://www.strategicmarketresearch.com/market-report/sports-medicine-market

Contact Us:
Strategic Market Research LLP.
Sunil Kumar
India: +91-8260836500
Email: info@strategicmarketresearch.com
Web: https://www.strategicmarketresearch.com
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