Sports Medicine Devices Market Size, Share, Analysis Report

Sports Medicine Devices Market By Product Analysis (Accessories, Body Evaluation and Monitoring, Body Repair and Reconstruction, Support and Recovery Products, Orthopedic Products); By Application Analysis (Hand-wrist, Ankle-foot, Shoulders, Arm-elbow, Back-spine, Knee, Hip-groin) and By Regional Analysis – Global Forecast by

The Global Sports Medicine Devices Market is expected to be around US$ 14 billion by 2028 and will grow at a CAGR of more than 8% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

8

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

Sports medicine is a branch of medication that offers with the prevention and treatment of injuries incurred at some point of sports activities sports, physical activities or bodily fitness education. Sports activities medicine devices consequently, consist of a huge range of goods applied for the prevention, recovery and treatment of accidents related to the above physical sports. Those injuries encompass fractures, sprains, tender tissue harm, joint dislocation, strain and musculoskeletal injuries. The increased global adoption of western sports has given upward thrust to accidents that power the market for sports medicinal drug devices.
 
How Big is the Global Sports Medicine Devices Market?

The Global Sports Medicine Devices Market is expected to be around US$ 14 billion by 2028 and will grow at a CAGR of more than 8% in the given forecast period.

The major driving factors of Global Sports Medicine Devices Market are as follows:
•    Increasing demand for outpatient
•    Increasing awareness regarding the maintenance of an active lifestyle
•    Minimally invasive surgeries
•    Changing re-imbursement landscape for new surgical technologies
The restraining factors of Global Sports Medicine Devices Market are as follows:
•    Excessive price of certain devices and products supply 
•    Need trained professionals for sports medicine 

The Global Sports Medicine Devices Market is segmented on the lines of its product, application and regional. Product segment is further classified into accessories, body evaluation and monitoring, body repair and reconstruction, support and recovery products and orthopedic products. Accessories are classified into tapes, disinfectants, bandages and wraps. Body evaluation and monitoring covers respiratory, cardiac and hemodynamic. Body Repair and Reconstruction is classified into surgical equipment, soft tissue repair, bone/cartilage repair and reconstruction and musculoskeletal. Support and recovery products cover body recovery and support. Orthopedic Products is classified into arthroscopy devices, artificial joint implants, fracture repair devices, orthobiologics and prosthesis. The Global Sports Medicine Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:
1) An overview of the global market for Sports Medicine Devices and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021 and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Global Sports Medicine Devices Market. 
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry. 

REPORT SCOPE: 
The scope of the report includes a detailed study of global and regional markets for Global Sports Medicine Devices Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Arthrocare Corporation, Biomet, Inc., Arthrex, Inc., Cayenne Medical Inc, Breg Inc., Zimmer Inc., Wright Medical Group Inc., Smith & Nephew Inc., Mueller Sports Medicine, Inc., and FH Orthopedics Inc. amongst others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments. 

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players. 

The Global Sports Medicine Devices Market has been segmented as below:

By Product Analysis

•    Accessories
    o    Tapes
    o    Disinfectants
    o    Bandages
    o    Wraps
•    Body Evaluation and Monitoring
    o    Respiratory
    o    Cardiac
    o    Hemodynamic
•    Body Repair and Reconstruction
    o    Surgical Equipment
    o    Soft Tissue Repair (Tendon and Ligament Repair)
    o    Bone/Cartilage Repair and Reconstruction
    o    Musculoskeletal
•    Support and Recovery Products
    o    Body Recovery and Support
•    Orthopedic Products
    o    Arthroscopy Devices
    o    Artificial Joint Implants
    o    Fracture Repair Devices
    o    Orthobiologics
    o    Prosthesis

By Application Analysis

•    Hand-wrist
•    Ankle-foot
•    Shoulders
•    Arm-elbow
•    Back-spine
•    Knee
•    Hip-groin

By Regional Analysis

•    North America
•    Europe
•    Asia-Pacific
•    Rest of the World

Reasons to Buy this Report: 
1) Obtain the most up to date information available on all Global Sports Medicine Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Sports Medicine Devices Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1    INTRODUCTION    
    1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources

 

2 Research Methodology 
           2.1.1 Research Methodology Steps
           2.1.2 Secondary and Primary Research Methodology
                    2.1.2.1 Secondary Research
           2.1.3 Key Data From Secondary Sources
                    2.1.3.1 Primary Research
                    2.1.3.2 Key Industry Insights
           2.1.4 Key Data From Primary Sources
           2.1.5 Key Insights From Primary Sources
           2.1.6 Market Size Estimation Methodology
           2.1.7 Research Design
           2.1.8 Market Data Validation and Triangulation
           2.1.9 Assumptions

 

3 Executive Summary 
    3.1 Introduction 
    3.2 Current Scenario 
    3.3 Future Outlook 
    3.4 Conclusion

 

4 Premium Insights 
    4.1 Global Sports Medicine Market 
    4.2 Geographical Analysis, By Region and Product 
    4.3 Sports Medicine Market, By Product (2015 vs 2020)

 

5 Market Overview 
    5.1 Introduction 
    5.2 Market Segmentation 
    5.3 Market Dynamics 
    5.4 Drivers 
           5.4.1 Increasing Incidences of Sports Injuries Worldwide
           5.4.2 Continuous Influx of New Products and Treatment Modalities
           5.4.3 Growing Research Activities in Sports Medicine
           5.4.4 Developments in the Field of Regenerative Medicine
           5.4.5 Increased Adoption and Acceptance of Arthroscopy & Minimally Invasive Procedures
    5.5 Restraints 
           5.5.1 High Cost of Implants and Other Devices
           5.5.2 Medical Devices Excise Tax in the U.S.
    5.6 Opportunities 
           5.6.1 Generic Implants
           5.6.2 Expansion and Market Penetration Opportunities in Emerging Economies
    5.7 Challenges 
           5.7.1 Lack of Trained Professionals

 

6  Sports Medicine Market, By Product 
    6.1 Introduction 
    6.2 Body Reconstruction & Repair Products 
           6.2.1 Implants
           6.2.2 Fracture and Ligament Repair Products
           6.2.3 Arthroscopy Devices
           6.2.4 Prosthetics
           6.2.5 Orthobiologics
    6.3 Body Support and Recovery 
           6.3.1 Braces and Support
           6.3.2 Thermal Therapy Products
           6.3.3 Topical Pain Relief Products
           6.3.4 Compression Clothing
           6.3.5 Monitoring Devices
           6.3.6 Other Body Support and Recovery Products
                    6.3.6.1 Acupuncture
                    6.3.6.2 Massage
                    6.3.6.3 Electrostimulation
    6.4 Accessories

 

7 Sports Medicine Market, By Application 
    7.1 Introduction 
    7.2 Shoulder Injuries 
    7.3 Foot & Ankle Injuries 
    7.4 Elbow & Wrist Injuries 
    7.5 Back & Spine Injuries 
    7.6 Hip & Groin Injuries 
    7.7 Knee Injuries 
    7.8 Other Injuries

 

8 Sports Medicine Market, By Region 
    8.1 Introduction 
    8.2 North America 
           8.2.1 U.S.
                    8.2.1.1 Increasing Popularity of Sports and Physical Activities
                    8.2.1.2 Increased Efforts to Create Awareness on the Prevention and Treatment of Sports Injuries
                    8.2.1.3 Increased Investments in Sports Medicine
           8.2.2 Canada
                    8.2.2.1 Continued Government Support
                    8.2.2.2 Increasing Investments By the Canadian Government in Regenerative Medicine
    8.3 Europe 
           8.3.1 U.K.
                    8.3.1.1 Increased Government Initiatives in Sports to Overcome Declining Participation Levels Post 2012 Olympics
                    8.3.1.2 Conferences to Increase Exposure to Sports Medicine in the U.K.
           8.3.2 Germany
                    8.3.2.1 Agreements Between Organizations, Companies to Drive Market Growth
           8.3.3 Rest of Europe (RoE)
                    8.3.3.1 Partnerships to Spur Market Growth in France, Italy, and the Netherlands
                    8.3.3.2 Conferences to Spread Awareness on Sports Medicine in France, Italy, and Denmark
    8.4 Asia-Pacific 
           8.4.1 India
                    8.4.1.1 Influx of International Players
                    8.4.1.2 Government Initiatives to Promote Sports Medicine
           8.4.2 China
                    8.4.2.1 Entry of International Players
                    8.4.2.2 Foothold of Local Players in the Market
                    8.4.2.3 Conferences Spreading Awareness About Sports Medicine
           8.4.3 Japan
                    8.4.3.1 Government Initiatives to Promote Physical Activity
           8.4.4 Australia
                    8.4.4.1 Funding and Grants to Promote Sports
                    8.4.4.2 Expansion By Key Players
           8.4.5 Rest of Asia-Pacific
                    8.4.5.1 Collaborations for Sports Medicine Research in Malaysia
                    8.4.5.2 Increasing Demand for Regenerative Medicine in Singapore and Malaysia
    8.5 Rest of the World (RoW) 
           8.5.1 Latin America
                    8.5.1.1 Increased Awareness Regarding Sports Medicine Through Conferences
                    8.5.1.2 Focus of International Players in Brazil and Columbia
           8.5.2 Middle East and Africa
                    8.5.2.1 Investments and Developments in the Sports Medicine Sector

 

9 Competitive Landscape 
    9.1 Overview 
    9.2 Market Share Analysis, Sports Medicine Market (2014) 
           9.2.1 Arthrex, Inc.
           9.2.2 Smith and Nephew, PLC
           9.2.3 Depuy Synthes
           9.2.4 Stryker Corporation
           9.2.5 Conmed Corporation
    9.3 Competitive Situation and Trends 
           9.3.1 New Product Launches
           9.3.2 Acquisitions/Mergers
           9.3.3 Agreements/Collaborations/Partnerships/Joint Ventures/Alliances
           9.3.4 Expansion
           9.3.5 Others

 

10 Company Profiles 
     10.1 Introduction 
     10.2 Arthrex, Inc. 
     10.3 Smith & Nephew PLC 
     10.4 Depuy Synthes 
     10.5 Stryker Corporation 
     10.6 Conmed Corporation 
     10.7 Zimmer Biomet Holdings, Inc. 
     10.8 Breg, Inc. 
     10.9 Donjoy, Inc. 
     10.10 Mueller Sports Medicine, Inc. 
     10.11 Tornier, Inc.

The Global Sports Medicine Devices Market has been segmented as below:
 
By Product Analysis

•    Accessories
    o    Tapes
    o    Disinfectants
    o    Bandages
    o    Wraps
•    Body Evaluation and Monitoring
    o    Respiratory
    o    Cardiac
    o    Hemodynamic
•    Body Repair and Reconstruction
    o    Surgical Equipment
    o    Soft Tissue Repair (Tendon and Ligament Repair)
    o    Bone/Cartilage Repair and Reconstruction
    o    Musculoskeletal
•    Support and Recovery Products
    o    Body Recovery and Support
•    Orthopedic Products
    o    Arthroscopy Devices
    o    Artificial Joint Implants
    o    Fracture Repair Devices
    o    Orthobiologics
    o    Prosthesis
 
By Application Analysis

•    Hand-wrist
•    Ankle-foot
•    Shoulders
•    Arm-elbow
•    Back-spine
•    Knee
•    Hip-groin
 
By Regional Analysis

•    North America
•    Europe
•    Asia-Pacific
•    Rest of the World

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 8% during the study period (2023-2028)
The Global Sports Medicine Devices Market is expected to be around US$ 14 billion by 2028
The segment included in Sports Medicine Devices Market is Product, Application and region.
Some key players operating in the Sports Medicine Devices Market include Arthrocare Corporation, Biomet, Inc., Arthrex, Inc., Cayenne Medical Inc, Breg Inc., Zimmer Inc., Wright Medical Group Inc., Smith & Nephew Inc., Mueller Sports Medicine, Inc., and FH Orthopedics Inc
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