IMARC Group, a leading market research company, has released a report titled “Sports Medicine Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028“. The global sports medicine market size reached US$ 6.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.77% during 2023-2028.
Sports medicine encompasses the field of medicine dedicated to the physical fitness, treatment, and prevention of injuries that occur during athletic activities or exercises. Its aim is to enhance the performance of athletes by providing guidance on supplement consumption and nutrition for accelerated recovery. Sports medicine plays a vital role in the treatment of various conditions, including fractures, ankle sprains, concussions, knee injuries, shoulder injuries, and muscle strains. Furthermore, it contributes to reducing depression, stress, anxiety, and blood pressure, while also improving metabolism. As a result, the global demand for sports medicine is steadily increasing.
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Sports Medicine Market Trends and Drivers:
Currently, the market is experiencing growth due to the increasing prevalence of sports injuries, including swollen muscles, dislocations, and Achilles tendon injuries. Additionally, the rising participation of individuals in various fitness and sports activities to maintain their fitness and overall health positively impacts the market. Moreover, the global availability of a wide range of medical instruments for injury treatment further contributes to market growth. The demand for minimally invasive surgeries (MIS) for athletes and sports enthusiasts is also creating profitable opportunities for industry investors. Furthermore, the expansion of sports medical centers worldwide is driving the market's growth.
Competitive Landscape:
The competitive landscape of the market has also been analyzed, with some of the top leading sports medicine companies.
Some of these key players include:
Arthrex
Smith & Nephew plc’s
Medtronic plc.
Wright Medical Group N.V.
Bioventus
Stryker
Mueller Sports Medicine
RTI Surgical Holdings
Breg
Conmed Corporation
Performance Health International Limited
Bauerfeind AG
KARL STORZ Gmbh & Co. kg
Zimmer Biomet Holdings, etc.
Explore full report with table of contents: https://www.imarcgroup.com/sports-medicine-market
The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Product:
Body Reconstruction
Fracture & Ligament Repair Products
Arthroscopy Devices
Implants
Orthobiologics
Prosthetics
Body Support and Recovery
Braces & Supports
Physiotherapy
Thermal Therapy
Ultrasound Therapy
Laser Therapy
Electrostimulation Therapy
Body Monitoring and Evaluation
Cardiac Monitoring
Respiratory Monitoring
Hemodynamic Monitoring
Musculoskeletal Monitoring
Compression Clothing
Accessories
Bandages
Disinfectants
Tapes
Others
Breakup by Application:
Knee Injuries
Shoulder Injuries
Foot & Ankle Injuries
Hip & Groin Injuries
Elbow & Wrist Injuries
Back & Spine Injuries
Others
Breakup by End-User:
Hospitals
Orthopedic Specialty Clinics
Fitness and Training Centers
Ambulatory Surgical Centers (ASCs)
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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