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Sports Medicine Market Comprehensive Report: Analysis and Key Players-Arthrex Inc., CONMED Corporation, Johnson & Johnson.
Sports Medicine Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Sports Medicine market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Sports Medicine Market reached US$ 7.0 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 11.3 billion by 2031. The global sports medicine market is expected to exhibit a CAGR of 6.3% during the forecast period (2024-2031).
What is Sports Medicine Market?
The sports medicine market focuses on products, therapies, and equipment designed to prevent, diagnose, and treat sports-related injuries. This includes advanced surgical devices, orthobiologics, body support products, rehabilitation devices, and wearable monitoring technology. Driven by rising awareness of fitness, growth in sports participation, and demand for minimally invasive procedures, the market is expanding within orthopedics, physical therapy, and performance enhancement sectors.
Who are the major players in the Sports Medicine market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Sports Medicine market research report are: Arthrex Inc., CONMED Corporation, Johnson & Johnson, Medtronic PLC, Mueller Sports Medicine Inc., Performance Health, Smith & Nephew, Stryker Corporation, Wright Medical Group, Zimmer Biomet Holdings Inc., among others.
Key Development
In January 2023, Zimmer Biomet Holdings, Inc., a global leader in medical technology, acquired Embody, Inc., a private company specializing in soft tissue healing. The deal included an upfront payment of $155 million, with the potential for an additional $120 million over the next three years, based on achieving certain regulatory and commercial milestones.
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Regions Covered:
The global Sports Medicine Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Market Segments
By Product: Body Reconstruction and Repair, Body Support and Recovery, Body Monitoring and Evaluation Devices, Accessories.
By Application: Ankle & Foot Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, Others.
By End User: Hospitals, Specialty Clinics, Others.
The Sports Medicine industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise Sports Medicine industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest Sports Medicine innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the Sports Medicine market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in Sports Medicine
➥ Maximize market presence with brand share analysis, strengthening your position in the Sports Medicine landscape.
➥ Accurately predict market demand for Sports Medicine with precise drug sales forecasting insights.
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FAQs
What does the Sports Medicine market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the Sports Medicine market including market size, segmentation, and key players.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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