The global sports medicine size was estimated to be USD 5.10 billion in 2023 and is expected to reach at USD 12.3 billion by 2033 with a CAGR of 8.3% during the forecast period 2023-2033. Increasing sports injuries, growing awareness and focus on fitness, advancements in technology, government initiatives and investments, and growing government initiatives and investments will drive the market growth.
The market for sports medicine has been dramatically impacted by technological breakthroughs. The diagnosis, management, and monitoring of sports-related injuries have been enhanced by advances in imaging techniques, less invasive surgery, regenerative medicine, and wearable technology. These innovations draw funding and stimulate commercial expansion. For instance, the DePuy Synthes subsidiary of Johnson & Johnson announced the introduction of a brand-new, cutting-edge arthroscopy equipment in May 2023 that would enhance access and visualisation during minimally invasive sports medicine treatments.
By product type, body reconstruction and repair was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the increasing prevalence of musculoskeletal injuries and the advancements in surgical techniques and implants. For instance, Stryker stated in March 2023 that it had acquired a renowned sports medicine business that specialised in cutting-edge arthroscopy visualisation technology. Stryker wants to increase its market footprint and develop its line of sports medical products through this acquisition. Accessories will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the rising demand for supportive and protective accessories such as compression clothing, braces, tapes, and fitness trackers among athletes and fitness enthusiasts, coupled with their affordability and accessibility.
By application, knee application was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the high incidence of knee injuries among athletes, including ACL tears, meniscus tears, and knee sprains, leading to a significant demand for diagnosis, treatment, and rehabilitation services and products specifically designed for knee-related conditions. For instance, Smith & Nephew unveiled a new line of cutting-edge sports medicine implants and devices, including shoulder and knee reconstructive systems, in February 2023. These goods have cutting-edge design elements that improve surgical results and patient recuperation. Ankle & foot will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the increasing prevalence of ankle and foot injuries among athletes and the general population, such as ankle sprains, Achilles tendonitis, stress fractures, and plantar fasciitis.
By end-user, hospitals and clinics was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the wide range of sports medicine services offered in hospitals and clinics, including diagnosis, surgical procedures, rehabilitation, and follow-up care. For instance, Arthrex launched a brand-new cutting-edge sports medicine solution in June 2023 that blends 3D printing technology with biocompatible materials. physiotherapy centers will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the growing recognition of the importance of physiotherapy in sports injury prevention, rehabilitation, and performance enhancement.
The market for sports medicine has been dramatically impacted by technological breakthroughs. The diagnosis, management, and monitoring of sports-related injuries have been enhanced by advances in imaging techniques, less invasive surgery, regenerative medicine, and wearable technology. These innovations draw funding and stimulate commercial expansion. For instance, the DePuy Synthes subsidiary of Johnson & Johnson announced the introduction of a brand-new, cutting-edge arthroscopy equipment in May 2023 that would enhance access and visualisation during minimally invasive sports medicine treatments.
By product type, body reconstruction and repair was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the increasing prevalence of musculoskeletal injuries and the advancements in surgical techniques and implants. For instance, Stryker stated in March 2023 that it had acquired a renowned sports medicine business that specialised in cutting-edge arthroscopy visualisation technology. Stryker wants to increase its market footprint and develop its line of sports medical products through this acquisition. Accessories will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the rising demand for supportive and protective accessories such as compression clothing, braces, tapes, and fitness trackers among athletes and fitness enthusiasts, coupled with their affordability and accessibility.
By application, knee application was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the high incidence of knee injuries among athletes, including ACL tears, meniscus tears, and knee sprains, leading to a significant demand for diagnosis, treatment, and rehabilitation services and products specifically designed for knee-related conditions. For instance, Smith & Nephew unveiled a new line of cutting-edge sports medicine implants and devices, including shoulder and knee reconstructive systems, in February 2023. These goods have cutting-edge design elements that improve surgical results and patient recuperation. Ankle & foot will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the increasing prevalence of ankle and foot injuries among athletes and the general population, such as ankle sprains, Achilles tendonitis, stress fractures, and plantar fasciitis.
By end-user, hospitals and clinics was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the wide range of sports medicine services offered in hospitals and clinics, including diagnosis, surgical procedures, rehabilitation, and follow-up care. For instance, Arthrex launched a brand-new cutting-edge sports medicine solution in June 2023 that blends 3D printing technology with biocompatible materials. physiotherapy centers will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the growing recognition of the importance of physiotherapy in sports injury prevention, rehabilitation, and performance enhancement.
Global Sports Medicine, By Region (USD Billion)
North America was the highest revenue-grossing segment in the global sports medicine market in 2022 owing to the increasing awareness and investment in sports medicine research, along with the presence of key market players and their extensive distribution networks. For instance, in the North American market in February 2023, Medtronic unveiled a new sports medicine navigation system. To help surgeons optimise patient outcomes and boost the effectiveness of sports medicine treatments, this system combines cutting-edge imaging technology with real-time data analytics. Asia Pacific will be the fastest revenue-grossing segment in the global sports medicine market in 2022 owing to the increasing sports participation rates and growing awareness of sports-related injuries in the regionGlobal Body Support and Recovery Products Market (USD Billion), 2023 & 2033
This comprehensive research report focuses on the global and regional market size and forecasts from 2022 to 2033.Report Scope:
- Base Year: 2022
- Forecast Period: 2023-2033
- Study Coverage
- Market Forecast by Product type, Application, End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: Sports Medicine Market Report 2022-2033
Sports Medicine Market Analysis & Forecast by Product Type 2022-2033 (Revenue USD Bn)
- Body Reconstruction Products
- Body Support and Recovery Products
- Body Monitoring and Evaluation Products
- Accessories
Sports Medicine Market Analysis & Forecast by Application 2022-2033 (Revenue USD Bn)
- Knees
- Shoulders
- Ankle & Foot
- Back & Spine
- Elbow & Wrist
- Hips
Sports Medicine Market Analysis & Forecast by End-user 2022-2033 (Revenue USD Bn)
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Physiotherapy Centers
- Sports Organizations
- Fitness and Training Centers
Sports Medicine Market Analysis & Forecast by Region 2022-2033 (Revenue USD Bn)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin American
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Sports Medicine Market: Product Type Estimates & Trend Analysis
8. Sports Medicine Market: Application Estimates & Trend Analysis
9. Sports Medicine Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Sports Medicine Market
12. Europe Global Sports Medicine Market
13. Asia Pacific Global Sports Medicine Market
14. Latin America Global Sports Medicine Market
15. MEA Global Sports Medicine Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Arthrex
- Stryker Corporation
- Smith & Nephew plc
- Medtronic plc
- Zimmer Biomet Holdings, Inc.
- Johnson & Johnson (DePuy Synthes)
- CONMED Corporation
- Breg, Inc.
- Mueller Sports Medicine, Inc.
- Wright Medical Group N.V.
- DJO Global, Inc.
- Cramer Products, Inc.
- Bauerfeind AG
- Bioventus LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | July 2023 |
| Forecast Period | 2022 - 2033 |
| Estimated Market Value ( USD | $ 5.1 Billion |
| Forecasted Market Value ( USD | $ 12.3 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
