The report on the Sports Medicine Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2022-2028. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

The sports medicine market was estimated at US$ 8.9 billion in 2021 and is expected to grow at a CAGR of 5.01% during 2022-2028 to reach US$ 10.40 billion in 2028.

An area of medicine called sports medicine is concerned with enhancing patients' athletic prowess. Products for sports medicine help with both the healing of sports injuries and the prevention of new ones. Growing government involvement in promoting and encouraging sports activities, along with growing public awareness of personal health, is anticipated to drive the global market statistics.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all industries, little or large, dealing in any sector.

The growth curves of the Sports Medicine Market have witnessed an enormous ebb and flow in the year 2022. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2023 is probably going to be superior to 2022 for the Sports Medicine Market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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 The Cornerstones in the market-

Listed below are the top key players that dominate the Sports Medicine Market –

• Arthrex
• Bauerfeind AG
• Biotek
• Breg Inc.
• CONMED Corporation
• Cramer Products
• DJO Global
• Johnson & Johnson
• KARL STORZ
• MedShape
• Medtronic
• Mueller Sport Medicine
• Orthofix International N.V
• Ossur
• Performance Health International Limited
• RôG Sports Medicine
• RTI Surgical
• Smith & Nephew Plc.
• Stryker 
• Wright Medical group
• Zimmer Biomet Holdings

Sports Medicine Market Segmentation:

Based on type, product type, application, end user, and geography, the market has been divided into segments. Body reconstruction products, body support and recovery products, accessories are the market segments for sports medicine that have been created based on product type.

Based on application, the sports medicine market has been divided into knee injuries, shoulder injuries, foot and ankle injuries, elbow and wrist injuries, back and spine injuries, hip and groin injuries, and others. One of the most frequent injuries sustained by adults and high school students is an ankle injury. The segmental growth will profit from this. Around three million injuries were recorded in the United States in 2017 as a result of playing sports and using recreational equipment, according to information from the National Safety Council (NSC).

The sports medicine market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The sports medicine market in North America had the biggest revenue share in 2021. Rapid product uptake will occur across the region as a result of the presence of key market participants, favourable reimbursement situations, an increase in medical facilities, and expanding investments in the development of sports medicine.

Additionally, one of the main factors influencing the size of the regional market is the well-developed healthcare infrastructure along with the rising usage of technologically advanced technologies to treat sports injuries. For instance, Stryker Corporation installed almost 650 Mako surgical robots globally in 2018 and completed more than 76,900 robotic hip and knee replacement surgeries. The regional industry projections will be fueled by an increase in government initiatives as well as increased investment for research and development of cutting-edge treatment solutions.

Report Customization Options

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-       Company Profiling

-       Detailed profiling of key market players (up to 3 players)

-       SWOT analysis of key market players (up to 3 players)

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