Sports Medicine Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Sports Medicine Market Size By 2025?
The sports medicine market size has grown strongly in recent years. It will grow from $8.26 billion in 2024 to $8.87 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to military operations and conflicts, rise in commercial aviation, global geopolitical changes, regulatory standards and compliance, fluctuations in fuel prices.

How Big Is the Sports Medicine Market Size Expected to Grow by 2029?
The sports medicine market size is expected to see strong growth in the next few years. It will grow to $12.03 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to growing military expenditure, expansion of commercial aviation, technological advancements in refueling systems, global geopolitical changes, adoption of sustainable aviation fuels. Major trends in the forecast period include automation in refueling systems, use of unmanned aerial vehicles (uavs), adoption of autonomous technologies, advanced fueling techniques, enhanced safety measures.

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Which Key Market Drivers Powering Sports Medicine Market Expansion and Growth?
The rise in sports injuries is expected to boost the growth of the sports medicine device market going forward. Sports injury refers to the various types of wounds that commonly occur during athletic activity. Sports medicine devices are utilized for more than just injury treatment, they can also be used for performance training, physical therapy, and injury prevention, hence, the rise in sports injuries is expected to boost the sports medicine devices market. For instance, in October 2024, according to Insideworldfootball, a UK-based web-based news-driven service, sports injuries reached a total of 4,123 during the 2023-24 season, marking a 4% increase compared to the 2022-23. Therefore, the rise in sports injuries is driving the growth of the sports medicine device market.

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Which Fast-Growing Trends Are Poised to Disrupt the Sports Medicine Market?
Technological advancement is the key trend gaining popularity in the sports medicine device market. Major companies operating in the sports medicine device market are focusing on developing new technologies. For instance, in June 2023, Acuitive Technologies Inc., a US-based medical device manufacturer introduced the CITRELOCK ACL Tendon Fixation Device. This tendon fixation device is designed with a spiral thread that allows for easy insertion and secure fixation without harming the tendon. It incorporates Citregen, an advanced resorbable material optimized for orthopedic applications. The device mimics natural bone composition, ensuring compressive strength akin to cortical bone and a modulus similar to trabecular bone.

What Are the Emerging Segments in the Sports Medicine Market?
The sports medicine market covered in this report is segmented -

1) By Product: Orthopedic Devices, Body Reconstruction And Repair, Body Support And Recovery, Body Monitoring And Evaluation, Accessories
2) By Orthopedic Product: Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologic
3) By Recovery And Support Product: Braces, Performance Monitoring Devices, Accessories, Other Recovery Products
4) By Application: Knee Injury, Shoulder Injury, Ankle-Foot Injury, Back-Spine Injury, Hand-Wrist Injury, Hip-Groin Injury, Arm-Elbow Injury
5) By End Users: Ambulatory Surgical Centers, Hospitals, Orthopedic Clinics, Other End Users

Subsegments:
1) By Orthopedic Devices: Braces And Supports, Splints, Orthopedic Implants
2) By Body Reconstruction And Repair: Surgical Instruments, Biologics, Soft Tissue Repair Devices
3) By Body Support And Recovery: Compression Wear, Rehabilitation Devices, Physiotherapy Equipment
4) By Body Monitoring And Evaluation: Wearable Sensors, Diagnostic Imaging Devices, Motion Analysis Systems
5) By Accessories: Ice Packs And Heat Wraps, Taping And Strapping Materials, Therapeutic Gel Packs

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Who Are the Global Leaders in the Sports Medicine Market?
Major companies operating in the sports medicine market include 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

Which are the Top Profitable Regional Markets for the Sports Medicine Industry?
North America was the largest region in the sports medicine device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the sports medicine devices market report during the forecast period. The regions covered in the sports medicine devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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