Press release
Sports Medicine Market would rocket up to USD 9.12 billion by 2030
Being a proficient and comprehensive, Sports Medicine Market survey report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report contains thorough analysis of the market structure along with forecast of the various segments and sub-segments of the market. A numerous markets, marketing strategies, trends, future products and rising opportunities are taken into consideration while studying market and preparing this report. The chief areas covered in the wide ranging Sports Medicine market report include market definition, market segmentation, competitive analysis and research methodology.An increasing number of young people participating in sports-related activities increases the probability of sports injuries. Also, with the growing awareness of health issues, athletics has gained acceptance as a feasible means of maintaining physical fitness and combating lifestyle disorders. Consequently, sports-related injuries and muscle rips have increased, demanding more treatment procedures and therapeutic products.
Data Bridge Market Research analyses that the sports medicine market, which was USD 5.34 billion in 2022, would rocket up to USD 9.12 billion by 2030 and is expected to undergo a CAGR of 6.90% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Opportunities
Increasing Product Launches by Market Players
The launches of several novel products associated with sports medicine are anticipated to boost the market's growth over the forecast period. For instance, Smith and Nephew launched its new product called "HEALICOIL KNOTLESS Suture Anchor" in 2020. This product, along with REGENESORB Material, supports in-bone formation and healing. Therefore, the growing number of product approvals is also anticipated to increase market growth.
Rising Incidence of Knee Injuries
Knee injuries are very prevalent and reported during sports or other physical activities. This is due to excessive running and jumping, which further leads to wear and tear of the knee joint. According to the British Journal of Sports Medicine, knee injury accounts for about 41% of total sports injuries. Thus, the increasing rate of knee injuries leads to the higher adoption of sports medicine, boosting market growth.
Segmentation:
The sports medicine market is segmented on the basis of product, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Body Reconstruction
Fracture and Ligament Repair Products
Arthroscopy Devices
Implants
Orthobiologics
Prosthetics
Body Support and Recovery
Braces and Supports
Physiotherapy
Thermal Therapy
Ultrasound Therapy
Laser Therapy
Electrostimulation Therapy
Body Monitoring and Evaluation
Cardiac Monitoring
Respiratory Monitoring
Hemodynamic Monitoring
Musculoskeletal Monitoring
Compression Clothing
Accessories
Bandages
Disinfectants
Tapes
Others
Application
Knee Injuries
Shoulder Injuries
Foot and Ankle Injuries
Hip and Groin Injuries
Elbow and Wrist Injuries
Back and Spine Injuries
Others
End-User
Hospitals
Orthopedic Specialty Clinics
Fitness and Training Centers
Ambulatory Surgical Centers (ASCs)
Others
Key Market Players:
Arthrex, Inc (U.S.)
Smith+Nephew (U.K.)
Stryker (U.S.)
Breg Inc. (U.S.)
DJO LLC (U.S.)
Mueller Sports Medicine, Inc (U.S.)
Wright Medical Group N.V. (U.S.)
Medtronic (Ireland)
RTI Surgical (U.S.)
Performance Health (U.S.)
KARL STORZ (Germany)
Bauerfeind (Germany)
Össur (Iceland)
MedShape (U.S.)
Cramer Products (U.S.)
Agilent Technologies, Inc (U.S.)
RôG Sports Medicine (U.S.)
Attractions of The Sports Medicine Market Report: -
Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
The forecast Sports Medicine Market data will help in the feasibility analysis, market size estimation and development
The report serves as a complete guide which micro monitors all vital Sports Medicine Market
A concise market view will provide ease of understanding.
Nut Oil Market Competitive market view will help the players in making a right move
Browse More Info @ https://www.databridgemarketresearch.com/reports/global-sports-medicine-market
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