Global Sports Medicine Market Size, Trends & Growth Opportunity, By Product Type, By Application, By Region and Forecast till 2027

Global Sports Medicine Market Size, Trends & Growth Opportunity, By Product Type (Body Reconstruction & Repair, Body Support & Recovery, Body Monitoring & Evaluation, and Accessories), By Application (Knees, Shoulders, Ankle & Foot, Back & Spine, Elbow & Wrist, Hips, and Others), By Region and Forecast till 2027.

Global Sports Medicine Market

The Global Sports Medicine Market was valued at USD 5.8billion in 2020 which expected to reach USD 11.21billion by 2027 at a CAGR of 6.7% from 2020-2027.

Sports medicines are given by sports medicine doctors for the treatment of any injury occurred during sports participation, exercise/ any type of physical activity. Sports injuries can occur due to the lack of conditioning, and improper technique or form. The sport medicine specialists work with professional athletes & also deliver their treatment facilities to the children & teens which are involved in sports activities.

Market Drivers

The growing incidences of sports injuries is expected to drive the demand for sports medicine over the forecast period. Also, the increase in participation of people in sports & fitness-related activities will positively influence the global sports medicine market growth. Furthermore, a shift from proactive to preventive care for sports injuries is anticipated to boost the growth of global sports medicine market. For instance, as per the estimates of Stanford Children’s Health, in the year 2019, around 30 million children participated in sports & other recreational activities in United States.

Moreover, the rise in use of wearable devices such as fitness bands & other sensors aids in monitoring stress load, and avoiding fatigue-induced injuries in athletes expected to accelerate the global sports medicine market growth.

Market Restraints

The increase in number of products recall as well as lack of healthcare infrastructure in under-developed countries is expected to hamper the growth of global sports medicine market during this forecast period. For instance, in 2019, Zimmer Biomet had recalled various medical devices including trauma & sports medicine instruments, surgical screws, implants, and bones.

Market Segmentation

The Global Sports Medicine Market is segmented into product type such as Body Reconstruction & Repair (Surgical Equipment, Soft Tissue Repair, and Bone Reconstruction Devices), Body Support & Recovery (Braces and Other Support Devices, Compression Clothing, and Hot & Cold Therapy), Body Monitoring & Evaluation (Cardiac, Respiratory, Hemodynamic, Musculoskeletal, and Others), Accessories (Bandages, Tapes, Disinfectants, Wraps, and Others). Further, market is segmented into application such as Knees, Shoulders, Ankle & Foot, Back & Spine, Elbow & Wrist, Hips, and Others.

Regional Analysis

The Global Sports Medicine Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The North America region is anticipated to hold a significant revenue share in the overall sports medicine market during the forecast period. Due to the increase in popularity of sports & physical activity, the rise in awareness regarding the prevention and treatment of sports injuries, and the increase in investments in sports medicine are accelerating the North America Sports Medicine Market.

Key Players

Various key players are listed in this report such as Zimmer Biomet, DJO Global, Wright Group N.V., Arthrex, Inc., Smith and Nephew, Stryker, Conmed, Medtronic, Mueller Sports Medicine, Depuy Synthes Companies, etc.

Market Taxonomy

By Product Type

• Body Reconstruction & Repair
• Surgical Equipment
• Soft Tissue Repair
• Bone Reconstruction Devices
• Body Support & Recovery
• Braces and Other Support Devices
• Compression Clothing
• Hot & Cold Therapy
• Body Monitoring & Evaluation
• Cardiac
• Respiratory
• Hemodynamic
• Musculoskeletal
• Others
• Accessories
• Bandages
• Tapes
• Disinfectants
• Wraps
• Other

By Application

• Knees
• Shoulders
• Ankle & Foot
• Back & Spine
• Elbow & Wrist
• Hips
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Sports Medicine Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?