Press release
Top 14 Sports Medicine Companies in the World
According to IMARC Group, The global sports medicine market size reached US$ 6.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.Sports medicine, also called sport and exercise medicine (SEM), represents a field of medical practice that deals with the prevention, diagnosis, and treatment of injuries related to activities or exercise. Its main purpose is to assist sports enthusiasts in exercising safely and effectively to achieve their training goals. Generally, sports medicine providers are equipped with specialized coaching to assist patients in maximizing functionality and minimizing disability. In addition, they treat a number of physical conditions, including acute trauma, such as strains, sprains, fractures, and dislocations, and chronic overuse injuries, including tendonitis, degenerative diseases, and overtraining syndrome.
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The increasing demand for the field of medical practice due to the changing lifestyle of individuals and the rising incidence of sports injuries across the globe is one of the major factors stimulating the sports medicine market. Moreover, the presence of several opportunities such as scholarships and corporate funding and the increasing number of consumers choosing these activities as a career due to the development of sports infrastructure are acting as significant growth-driving factors. Moreover, the rising demand for minimally invasive surgeries is also fueling the market growth. Moreover, rising smoking rates, sedentary lifestyle, widespread adoption of fast food, and excessive consumption of alcohol in developed and emerging economies are increasing the cases of life-threatening diseases over the years, which are positively influencing the global market. Moreover, the growing awareness about these disorders encourages people to engage in various sports activities to maintain their well-being and fitness, which is expected to boost the sports medicine market over the forecast period.
Top 14 Sports Medicine Companies in the World
Arthrex
Smith & Nephew PLC
Medtronic PLC
Wright Medical Group
Bioventus LLC
Stryker Corporation
Mueller Sports Medicine
RTI Surgical Holdings
Breg
Conmed Corporation
Performance Health International Limited
Bauerfeind AG
KARL STORZ Gmbh & Co. kg
Zimmer Biomet Holdings
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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