Global Sports Medicine Market will reach over USD 9 billion by 2025; as per a new research report. Rising number of physicals injuries coupled with increasing surgical procedures will create demand for sports medicine products over the forecast period. Active participation of people in sports coupled with encouragement by institutions for boosting sports activities participation, resulting in high number of injuries will escalate the demand for advanced treatment therapies, positively impacting sports medicine market growth over the forecast timeframe. —
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Increasing adoption of sports medicine in clinics owing to specialized treatment and higher affordability will lead to lucrative segmental growth at 6.6% CAGR during the forecast timeframe. Increasing number of skilled professionals in sports medicine clinics will further drive the segmental growth.
Body support and recovery products market is projected to witness over 6.0% CAGR during the forecast period. Increasing use of body support products such as braces and compression clothing due to low cost and high effectivity will boost the segmental growth. Furthermore, rising demand for recovery products for faster recovery will stimulate segmental growth.
Government initiatives and policies generating awareness about sports activities will impel sports medicine industry growth. For instance, the Government of India has undertaken programs such as Khelo India to encourage the youth, offering robust growth opportunities for sports medicine market growth. However, inadequacy of skilled professionals will restrain sports medicine industry expansion to certain extent over the forecast timeframe.
Elbow and wrist injuries segment accounted for more than 10% market share in 2018 owing to rising incidence of acute and chronic sports injuries among athletes related to lower and upper arm. Growing number of body reconstruction surgeries will further stimulate the segmental growth over the coming years.
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India sports medicines market will grow considerably during the forecast timeframe to reach USD 341.9 million by 2025 owing to government initiatives to increase sports participation. Increasing number of knee injuries owing to growing participation in sports such as football and cricket will create robust demand for sports medicine products in the country. With adoption of technologically advanced products, India sports medicine market will witness robust growth over coming years.
Some of the notable companies operating in the global sports medicine market are Arthrex, Inc., CONMED Corporation, DePuy Synthes, Smith & Nephew and Stryker among others. Sports medicine market is highly competitive market. Industry players are adopting strategies including partnerships, collaborations, merger and acquisitions to expand their product portfolio and strengthen company’s position in emerging markets.
Table of Contents:
Chapter 1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
126.96.36.199. Paid sources
188.8.131.52. Unpaid sources
Chapter 2. Executive Summary
2.1. Sports Medicine industry 360 degree synopsis, 2014 - 2025 (USD Million)
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Injury type trends
2.1.4. End-use trends
2.1.5. Regional trends
Chapter 3. Sports Medicine Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025 (USD Million)
3.3. Industry impact factors
3.3.1. Growth drivers
184.108.40.206. Increasing number sports injuries globally
220.127.116.11. Technological advancements in implants
18.104.22.168. Growing demand for minimal invasive surgeries and rising number of sports medical centers
22.214.171.124. Increasing awareness regarding physical fitness and sports activities
3.3.2. Industry pitfalls & challenges
126.96.36.199. Dearth of trained healthcare professional in developing countries
188.8.131.52. High cost of sports medicine
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By injury type
3.4.3. By end-use
3.5. Regulatory landscape
3.6. SWOT analysis
3.7. Porter's analysis
3.8. Competitive landscape, 2017
3.8.1. Company market share analysis, 2017
3.8.2. Strategy dashboard
3.9. PESTEL analysis
Chapter 4. Sports Medicine Market, By Product
Chapter 5. Sports Medicine Market, By Injury type
Chapter 6. Sports Medicine Market, By End-use
Chapter 7. Sports Medicine Market, By Region
Chapter 8 Sports Medicine Market Company Profiles
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Global (United States, European Union and China) Orthopedic Soft Tissue Repair and Sports Medicine Market Research Report 2019-2025
Orthopedic soft tissue repair consists of devices, which are used for fixing rotator cuff, shoulder labrum, ACL/PCL, meniscal repair, graft options for tendons and cartilage along with devices for hip arthroscopy. These devices are used for closed technique treatments of injured or worn joints. Majorly such treatments are performed on knee and shoulder joints although interest among surgical community in hip and small joint arthroscopy is also increasing.
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