Sports Medicine Market: Future Scope, Growth Potential, and Forecast through 2024-2031 | Arthrex Inc., CONMED Corporation, Johnson & Johnson.

The Sports Medicine Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Sports Medicine market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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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).

The sports medicine market focuses on the prevention, diagnosis, and treatment of sports-related injuries, as well as the rehabilitation of athletes. It includes a range of products such as braces, orthopedic devices, physical therapy equipment, and regenerative treatments like stem cell therapies. The market is driven by increasing participation in sports, rising awareness of injury prevention, and advancements in minimally invasive treatments and rehabilitation technologies.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as 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 Developments:

In February 2022, DJO, a multinational corporation, continued its collaboration with the Professional Football Athletic Trainers Society (PFATS). PFATS is a professional organization made up of certified athletic trainers working in professional football, further strengthening DJO's commitment to sports medicine.

In January 2023, Zimmer Biomet Holdings, Inc., a global leader in medical technology, acquired Embody, Inc., a privately-held medical device company specializing in soft tissue healing. The acquisition was valued at $155 million at closing, with an additional $120 million contingent on meeting future regulatory and commercial milestones over the next three years.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Sports Medicine market has been segmented

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.

Research Process

Both primary and secondary data sources have been used in the global Sports Medicine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Sports Medicine Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ 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 (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Sports Medicine market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Sports Medicine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Sports Medicine market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Sports Medicine Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Sports Medicine market?

➠ Who are the global key manufacturers of the Sports Medicine Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Sports Medicine market opportunities and threats faced by the vendors in the global Sports Medicine Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Sports Medicine market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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