Press release
Sports Medicine Market: Impressive Growth, Forecast and Key Drivers
Sports Medicine Market Size
What Is The Projected Market Size Of The Global Sports Medicine Market And Its Growth Rate?
• The Sports medicine market has grown exceptionally in recent years and is expected to grow from $8.26 billion in 2024 to $8.87 billion in 2025 at a CAGR of 7.4%.
• Growth drivers include military operations, conflicts, commercial aviation expansion, global geopolitical changes, regulatory standards, and constant fluctuations in fuel prices.
• The market is projected to grow to $12.03 billion in 2029 at a CAGR of 7.9%.
• Key trends in the forecast period include automation in refueling systems, the use of unmanned aerial vehicles (UAVs), advancements in fueling techniques, and enhanced safety measures.
What Is Driving The Growth In The Sports Medicine Market?
A significant rise in sports injuries is driving the growth of sports medicine markets. Apart from injury treatment, sports medicine devices are also used for performance training, physical therapy, and injury prevention. Indicatively, sports injuries reached a total of 4,123 during the 2023-24 season, marking a 4% increase compared to the 2022-23 according to UK-based service Insideworldfootball. This high prevalence of sports injuries is propelling the growth of the sports medicine industry.
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Who Are the Key Players Driving Sports Medicine Market Growth?
• Stryker Corporation
• Arthrex Inc.
• Zimmer Biomet Holdings Inc.
• Smith & Nephew plc
• Mueller Sports Medicine Inc.
• Karl Storz SE & Co KG
• CONMED Corporation
• Johnson & Johnson
• DJ Orthopedics LLC
• Breg Inc., RTI Surgical Inc.
• Performance Health International Limited
• Bauerfeind AG
• Ossur Corporate
• Cramer Product Inc.
• Medtronic plc
• Bioventus LLC
• Braun Melsungen AG
• Hanger Inc.
• AlloSource Inc.
• Surgalign Holdings Inc.
• DePuy Synthes Companies
• Acumed LLC
• Integra LifeSciences Corporation
• Orthofix Medical Inc.
• Medline Industries Inc.
• Musculoskeletal Transplant Foundation
What Are The Key Trends In The Sports Medicine Market?
• Technological advancements in the sports medicine device market. Companies are introducing new technologies such as the CITRELOCK ACL Tendon Fixation Device developed by Acuitive Technologies Inc.
• Automation in refueling systems
• Use of unmanned aerial vehicles (UAVs)
• Advanced fueling techniques
• Enhanced safety measures
What Are The Segments Of The Global Sports Medicine Market?
• By Product: Orthopedic Devices, Body Reconstruction And Repair, Body Support And Recovery, Body Monitoring And Evaluation, Accessories
• By Orthopedic Product: Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologics
• By Recovery And Support Product: Braces, Performance Monitoring Devices, Accessories, Other Recovery Products
• By Application: Knee Injury, Shoulder Injury, Ankle-Foot Injury, Back-Spine Injury, Hand-Wrist Injury, Hip-Groin Injury, Arm-Elbow Injury
• By End Users: Ambulatory Surgical Centers, Hospitals, Orthopedic Clinics, Other End Users
Which Region Leads The Sports Medicine Market?
North America was the largest region in the sports medicine market in 2024. Simultaneously, Asia-Pacific is expected to be the fastest-growing region during the forecast period. The regions analyzed in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.
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What Is Covered In The Sports Medicine Market Global Market Report?
- Market Size Analysis: Analyze the Sports Medicine Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports Medicine Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sports Medicine Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports Medicine Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for comprehensive, data-rich research and insights. The extensive contribution of in-depth secondary research and unique insights from industry leaders can get the necessary information to stay ahead. Our flagship product Global Market Model (GMM) is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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