The global sports medicine market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Sports medicine, also known as sports and exercise medicine (SEM), is an area of medical practice that is concerned with preventing, diagnosing and treating sports or exercise-related injuries. Its primary objective is to help sports enthusiasts engage in exercising safely as well as effectively for achieving their training goals. Generally, sports medicine providers are equipped with specialized training to assist patients in maximizing function and minimizing disability. They treat a wide range of physical conditions like acute traumas including strains, sprains, fractures and dislocations as well as chronic overuse injuries such as tendonitis, degenerative diseases and overtraining syndrome.
The demand for sports medicine is rising on account of the altering lifestyles of consumers and the growing incidences of sports injuries across the globe. This can also be attributed to the rising number of individuals who are choosing sports as a career, owing to the presence of numerous opportunities, such as scholarships and corporate funding, and developing sports infrastructure. Apart from this, a rise in the demand for minimally invasive surgeries is also impelling the market growth. Moreover, rising smoking rates, sedentary lifestyles, increasing adoption of the fast food and over-consumption of alcohol, in both the developed and emerging economies, has led to a rise in the prevalence of life-threatening diseases over the years. The rising awareness about these diseases is anticipated to encourage individuals to engage in different sports activities for maintaining their wellbeing and fitness, thereby boosting the sports medicine market.
Historical, Current and Future Market Trends
Market Breakup by Product:
Fracture & Ligament Repair Products
Body Support and Recovery
Braces & Supports
Body Monitoring and Evaluation
Market Breakup by Application:
Foot & Ankle Injuries
Hip & Groin Injuries
Elbow & Wrist Injuries
Back & Spine Injuries
Market Breakup by End-User:
Orthopedic Specialty Clinics
Fitness and Training Centers
Ambulatory Surgical Centers (ASCs)
Market Breakup by Region:
Middle East and Africa
The report has also analyzed the competitive landscape of the market with some of the key players being Arthrex, Smith & Nephew PLC, Medtronic PLC, Wright Medical Group, Bioventus LLC, Stryker Corporation, Mueller Sports Medicine, RTI Surgical Holdings, Breg, Conmed Corporation, Performance Health International Limited, Bauerfeind AG, KARL STORZ Gmbh & Co. kg, Zimmer Biomet Holdings, etc.
Key questions answered in this report:
How has the global sports medicine market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global sports medicine industry?
What are the key regional markets in the global sports medicine industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the global sports medicine industry?
What are the key driving factors and challenges in the global sports medicine industry?
What is the structure of the global sports medicine industry and who are the key players?
What is the degree of competition in the global sports medicine industry?