According to the new market research report "Sports Medicine Market By Product (Body Reconstruction, Body Support & Recovery), Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries), End User (Hospitals, Physiotherapy Centers & Clinics)- Analysis & Global Forecast to 2025", published by MarketsandMarkets™, the global Sports Medicine Market is expected to reach USD 7.2 billion by 2025 from USD 5.5 billion in 2020, at a CAGR of 5.7%.
Growth in the global market is primarily driven by factors such the increasing incidences of sports injuries, continuous influx of new products & treatment modalities, developments in the field of regenerative medicine, rising demand for minimally invasive surgeries.
Globally, the incidence of sports injuries has increased over the last few years, primarily due to the growing participation in sports as well as active participation in fitness activities (as a result of the growing focus on leading healthy lifestyles).
Browse and in-depth TOC on "Sports Medicine"
245 - Tables
38 - Figures
266 - Pages
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The body reconstruction products segment is expected to account for the largest share of the sports medicine product market in 2019
On the basis of product, the Sports Medicine Market is segmented into body reconstruction products (fracture & ligament repair products, arthroscopy devices, implants, prosthetics, orthobiologics), body support & recovery products (braces & support, physiotherapy equipment, and compression clothing), and accessories. The body reconstruction products segment held the largest share of the market in 2019, while the body support & recovery products segment is projected to register the highest growth during the forecast period.