Global Sports Medicine Devices Market Growth 2023-2029

Global Sports Medicine Devices Market Growth 2023-2029

Sports medicine is a branch of medicine that deals with the prevention and treatment of injuries incurred during sports activities, exercises or physical fitness training. Sports medicine devices therefore, include a wide range of products utilized for the prevention, recovery and cure of injuries related to the above physical activities. These injuries consist of fractures, sprains, soft tissue damage, joint dislocation, strain and musculoskeletal injuries.

LPI (LP Information)' newest research report, the “Sports Medicine Devices Industry Forecast” looks at past sales and reviews total world Sports Medicine Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Sports Medicine Devices sales for 2023 through 2029. With Sports Medicine Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sports Medicine Devices industry.

This Insight Report provides a comprehensive analysis of the global Sports Medicine Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sports Medicine Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sports Medicine Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sports Medicine Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sports Medicine Devices.

The global Sports Medicine Devices market size is projected to grow from US$ 6515.8 million in 2022 to US$ 8782.5 million in 2029; it is expected to grow at a CAGR of 8782.5 from 2023 to 2029.

Rise in technological advances and growing importance of sports activities among the young as well as the older population as well as focus on developing cost-conscious treatment methods currently form major drivers for the growth of this market. Demand for arthroscopic procedures is expected to grow in the near future owing to the increase in geriatric population and sports injuries across the globe. A rise in disposable incomes in developing countries has boosted the confidence of OEMs towards these regions. However, unfavorable reimbursement policies in developed countries are expected to have negative impact on the market growth across the globe.

This report presents a comprehensive overview, market shares, and growth opportunities of Sports Medicine Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Orthopedic Products
Support & Recovery Products
Body Repair & Reconstruction
Body Evaluation and Monitoring

Segmentation by application
Hand-Wrist
Shoulders
Ankle-Foot
Knee
Back-Spine

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arthrex
Biomet
Smith & Nephew
Stryker
BSN medical
Cramer Sports Medicine
DJO Global
Mitek Sports Medicine
Wright Medical Technology
Zimmer

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sports Medicine Devices market?

What factors are driving Sports Medicine Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sports Medicine Devices market opportunities vary by end market size?

How does Sports Medicine Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.