Sport Medicine Trends and Forecast
The future of the global sport medicine market looks promising with opportunities in the hospital, ambulatory surgical center, and physiotherapy center & clinic markets. The global sport medicine market is expected to reach an estimated $8.2 billion by 2030 with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are rising rates of sports-related injuries, growing interest in minimally invasive procedures, and ongoing advancements in the field of stem cell therapy.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sport Medicine by Segment
The study includes a forecast for the global sport medicine by product type, application, end use, and region.
Sport Medicine Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Body Reconstruction Products
• Body Support & Recovery Products
• Accessories
Sport Medicine Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Knee Injuries
• Shoulder Injuries
• Foot and Ankle Injuries
• Elbow and Wrist Injuries
• Back & Spine Injuries
• Hip & Groin Injuries
• Others
Sport Medicine Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Ambulatory Surgical Centers
• Physiotherapy Centers & Clinics
• Others
Sport Medicine Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Sport Medicine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sport medicine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sport medicine companies profiled in this report include-
• Arthrex
• Smith & Nephew
• Stryker
• Breg
• DJO Global
• Mueller Sports
• Wright Medical Group
• Medtronic
• RTI Surgical
• Performance Health International
Sport Medicine Market Insights
Lucintel forecasts that knee will remain the largest segment over the forecast period.
Within this market, hospital will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Sport Medicine Market
Market Size Estimates: Sport medicine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sport medicine market size by product type, application, end use, and region in terms of value ($B).
Regional Analysis: Sport medicine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, end uses, and regions for the sport medicine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sport medicine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sport medicine market size?
Answer: The global sport medicine market is expected to reach an estimated $8.2 billion by 2030.
Q2. What is the growth forecast for sport medicine market?
Answer: The global sport medicine market is expected to grow with a CAGR of 6.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sport medicine market?
Answer: The major drivers for this market are rising rates of sports-related injuries, growing interest in minimally invasive procedures, and ongoing advancements in the field of stem cell therapy.
Q4. What are the major segments for sport medicine market?
Answer: The future of the sport medicine market looks promising with opportunities in the hospital, ambulatory surgical center, and physiotherapy center & clinic markets.
Q5. Who are the key sport medicine market companies?
Answer: Some of the key sport medicine companies are as follows:
• Arthrex
• Smith & Nephew
• Stryker
• Breg
• DJO Global
• Mueller Sports
• Wright Medical Group
• Medtronic
• RTI Surgical
• Performance Health International
Q6. Which sport medicine market segment will be the largest in future?
Answer: Lucintel forecasts that knee will remain the largest segment over the forecast period.
Q7. In sport medicine market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sport medicine market by product type (body reconstruction products, body support & recovery products, and accessories), application (knee injuries, shoulder injuries, foot and ankle injuries, elbow and wrist injuries, back & spine injuries, hip & groin injuries, and others), end use (hospitals, ambulatory surgical centers, physiotherapy centers & clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Sport Medicine Market, Sport Medicine Market Size, Sport Medicine Market Growth, Sport Medicine Market Analysis, Sport Medicine Market Report, Sport Medicine Market Share, Sport Medicine Market Trends, Sport Medicine Market Forecast, Sport Medicine Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.