Europe Sports Medicine Devices Market Forecast 2022-2030
KEY FINDINGS
The Europe sports medicine devices market is expected to grow with a CAGR of 6.42% during the forecasting years of 2022 to 2030. The market growth of the region is supplemented by the recommencement of sports events, including cricket and football, the rising interest in sports and recreational activities for enhancing physical as well as mental health, and the surge in marathon events.
MARKET INSIGHTS
The Europe sports medicine devices market growth evaluation constitutes a detailed assessment of Germany, Italy, the United Kingdom, France, Nordic Countries, Spain, and Rest of Europe. Football is a highly popular sport in France. Moreover, the country has more than 18,000 registered clubs with a total of over 1,800,000 players on their rosters. Basketball, horseriding, and tennis are also some of the sports enjoyed by the population in France.
The nation hosts several well-recognized international sports events like Rugby World Cup and FIFA World Cup, as well as the biggest cycling race called the Tour de France and the French Open. Such events result in sports injuries to participating athletes, thus fueling the demand for sports medicine in France.
Additionally, the need for sports medicine is estimated to increase further in the country as more citizens choose bicycles as the preferred mode of transportation in order to minimize carbon emissions. As a result, these factors are set to fuel the market growth in Europe across the forecasted years.
COMPETITIVE INSIGHTS
The main firms operating in the market are Össur, Karl Storz SE & Co, Smith & Nephew PLC, etc.
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