Sports Medicine Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Publication ⇒Nov-23 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC387-10M-OT

License Type (Price in USD)

Sports Medicine Market – Report Overview

Pacific Business Consulting’s “Sports Medicine Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Sports Medicine market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Sports Medicine market exceeded a valuation of over US$ 5.5 Billion, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 7% from 2023 to 2030. The market is expected to potentially surpass US$ 8.0 Billion by 2030.

The sports medicine devices market has experienced increased demand due to a rise in sports injuries and growing participation in sports and fitness-related activities. The shift towards preventive care concerning sports injuries is also contributing to the market’s growth. Sports medicine devices serve various purposes, including protecting weakened or injured muscles, joints, and bones through brace and support devices, as well as using therapeutic devices like laser therapy machines and electrical stimulation devices to reduce pain and swelling.

Key factors driving the demand for sports medicine devices include:

Incidence of Sports Injuries: The global popularity of sports and fitness activities has led to a higher incidence of sports injuries. Millions of injuries are reported annually, prompting the need for sports medicine devices to treat and prevent these injuries.

Participation in Sports by Children: A significant percentage of children engage in sporting activities, leading to a substantial number of injuries. The demand for sports medicine products is particularly high in this segment.

Preventive Care and Health Consciousness: There is a shift from reactive care to preventive care in managing sports injuries. With increasing health consciousness, many individuals are seeking ways to prevent injuries, fueling the demand for sports medicine devices.

Rising Geriatric Population: The aging population is more prone to sports injuries, contributing to the demand for sports medicine devices. Joint reconstruction segments are expected to witness additional growth due to an aging population.

Global Sports Injuries: Sports injuries have been on the rise globally, attributed to strenuous training regimes and increased participation in competitive sports. Various sports, including football/soccer, rugby, and running, contribute to a significant number of injuries.

Emerging Economies: Emerging economies with a rising middle-class population and growing awareness about health and fitness, such as India, China, and Brazil, present lucrative growth prospects for the sports medicine devices market. Increased participation in sports activities has elevated the risk of sports injuries in these regions.

Professional and Amateur Sports Sectors: The popularity of professional and amateur sports globally has led to an increased number of athletes at various levels. This rise in athletes has contributed to a higher incidence of sports-related injuries, driving the demand for sports medicine devices.

Technological Advancements: Innovations in sports medicine devices, including smart devices, 3D printed implants, and customized braces, are meeting the demand for advanced products. Technologies like robotics and virtual reality are also being integrated into recovery programs.

Despite the positive growth drivers, challenges such as high surgical costs and stringent regulatory approval processes may impact market growth, especially in developing countries. Companies in the sports medicine devices market need to invest significantly in research and development to introduce innovative products and technologies to remain competitive.

Leading players in the Sports Medicine segment, including DJO Global, Inc., Mueller Sports Medicine, Inc., Ossur hf, OttoBock Healthcare GmbH, 3M Company, Arthrex, Inc., ArthroCare Corporation, Biomet, Inc., BREG, Inc., Conmed Corporation, and DePuy Mitek, Inc., are expected to play a crucial role in shaping the future landscape of Sports Medicine technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Sports Medicine market. It also delves into the analysis of present and prospective market competition within the global Sports Medicine market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

  • Develop your business strategies by gaining insights into the trends that shape and drive the Sports Medicine market across the 10MM (Ten Major Markets).
  • Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Sports Medicine market.
  • Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
  • Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
  • Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
  1. Executive Summary: Sports Medicine
    • Global Market Outlook: Sports Medicine
  2. Competitive Intelligence Analysis: Sports Medicine
  3. Therapeutic Sector SWOT
  4. Technology Roadmap Analysis: Sports Medicine
  5. Market Background
    • Drivers
    • Restraints
    • Opportunity
    • Key Market Trends
    • Key Unmet Needs
  6. Key Marketed Products Profile – Major Approved Products: Sports Medicine
    • Product Profile
    • Safety and Efficacy
  7. Regulatory Landscape
  8. Sports Medicine: Ten Major Market (10MM) – Market Analysis, By Product
    • Body Reconstruction & Repair
      • Bone Reconstruction Devices
      • Surgical Equipment
      • Soft Tissue Repair
    • Body Support & Recovery
      • Braces and Other Support Devices
      • Hot & Cold Therapy
      • Compression Clothing
    • Body Monitoring & Evaluation
      • Respiratory
      • Cardiac
      • Musculoskeletal
      • Others
    • Accessories
      • Bandages
      • Disinfectants
      • Wraps
      • Other Accesssories
  1. Sports Medicine: Ten Major Market (10MM) – Market Analysis, By Application
    • Knee Injuries
    • Shoulder Injuries
    • Foot & Ankle Injuries
    • Elbow & Wrist Injuries
    • Back & Spine Injuries
    • Others
  2. Sports Medicine: Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals
    • Sports Franchises & Teams
    • Physiotherapy Centers
    • Other End Users
  3. Sports Medicine: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. S. Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. K. Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. Germany Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. France Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. Italy Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. Spain Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. Japan Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. China Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. Australia Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. India Sports Medicine – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User
  1. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

  1. Assumptions and Acronyms Used
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
  3. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
  4. Copyrights and Disclaimer

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