Sports Medicine Market: The global market is expected to grow at a CAGR of 8.7% during the forecasted period.

As per the study initiated by Evolve Business Intelligence, the global Sports Medicine market size accounted for USD 5.14 billion in 2022, growing at a CAGR of 8.7% from 2023 to 2033. The sports medicine market involves the production and distribution of medical products, devices, and services specifically aimed at preventing and treating sports-related injuries. It includes orthopedic devices, braces, surgical equipment, rehabilitation equipment, and other related products. The market is driven by the increasing participation in sports activities, growing awareness of sports-related injuries, and advancements in medical technology for improved diagnosis and treatment of sports injuries.
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Key Highlights:
• The global Sports Medicine Market size was valued at USD 5.14 billion in 2022 growing at a CAGR of 8.7% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Sports Medicine Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Sports Medicine market report also includes the following data points:
• COVID19 Impact on Sports Medicine market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Sports Medicine market
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Key Players
Some of the major Sports Medicine players holding high market share include Smith+Nephew, Stryker, Zimmer Biomet and Arthrex GmbH. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
o Smith+Nephew
o Stryker
o Zimmer Biomet
o Arthrex GmbH
o Enovis (DJO Global)
o CONMED Corporation
o Mueller Sports Medicine, Inc.
o Breg, Inc.
o Performance Health Holding, Inc.
o Bauerfeind AG
o KARL STORZ SE & Co. KG
o DePuy Synthes (Johnson & Johnson)
Segmental Analysis
Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Sports Medicine Market:
• Body Reconstruction & Repair
o Surgical Equipment
o Soft Tissue Repair
o Bone Reconstruction Devices
• Body Support & Recovery
o Braces and Other Support Devices
o Compression Clothing
o Hot & Cold Therapy
• Body Monitoring & Evaluation
o Cardiac
o Respiratory
o Hemodynamic
o Musculoskeletal
o Others
• Accessories
o Bandages
o Tapes
o Disinfectants
o Wraps
o Other
Market Segment By Application with focus on market share, consumption trend, and growth rate of Sports Medicine Market:
• Knees
• Shoulders
• Ankle & Foot
• Back & Spine
• Elbow & Wrist
• Hips
• Others
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Global Sports Medicine Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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