Global Sports Medicine Market Growth (Status and Outlook) 2023-2029

Global Sports Medicine Market Growth (Status and Outlook) 2023-2029

Sports medicine pertains to the treatment and prevention of injuries resulting from sports and athletic activities. Sports injuries involve both bone and soft tissue injuries. The sports medicine market includes devices that are used for the prevention of sports injuries as well as for the cure, recovery, and rehabilitation of such injuries.

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

This Insight Report provides a comprehensive analysis of the global Sports Medicine 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sports Medicine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sports Medicine 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.

The global Sports Medicine market size is projected to grow from US$ 5875.6 million in 2022 to US$ 9927.2 million in 2029; it is expected to grow at a CAGR of 7.8% from 2023 to 2029.

One of the primary drivers for this market is the growing demand for minimally invasive (MI) surgeries. These are the most preferred procedures as they use power tools to carry out surgeries with small cuts, shortens the hospital stay post-surgery, reduces bleeding and recovery time, and enables a faster return to normal activities. There is an increased demand for these surgeries to treat sports complications related to knee, hip, shoulder, elbow, and spine. The rise in the adoption of computer-assisted robotic surgeries and regenerative medicines for lesser recovery time are also propelling the growth of this market.

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

Market Segmentation:

Segmentation by type
Reconstructive Products
Support
Recovery Products
Accessories

Segmentation by application
Knee
Shoulder
Hip
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
ConMed
Depuy Synthes
Smith & Nephew
Stryker

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