Dublin, June 08, 2022 (GLOBE NEWSWIRE) — The “Sports Medicine Market by Product, Application: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.
The sports medicine market was valued at $8520 million in 2020, and is projected to reach $12862 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.
Sports medicine is an area of medical practice concerned with the treatment of injuries resulting from athletic activities. It is a study that deals with improving physical fitness and preventing sports-associated injuries. Major objective of sports medicine is to enhance the athletic performance and prevent future injuries. Sports medicine aids in the treatment of injuries resulting from physical activity.
In addition, sports medicine assists to maximize function and minimize the disability of patients. Key factors that drive the market growth include rise in incidences of injuries associated with sports, increase in adoption of sports activities by people, and growth in demand for minimally invasive treatment methods.
Thus, rise in incidences of sports injuries worldwide propels demand for the market growth. Moreover, government initiatives for the sports industry are continuously liable for expansion of the market. However, high cost of products may hinder expansion of the medicine market.
Rise in adoption of extreme sports activities, rise in incidences of sports related injuries, growth in awareness among individuals regarding fitness and sports, and rapid advancements in sports medicine are some factors expected to drive the sports medicine market growth.
The COVID-19 impact on sports medicine market is overall negative. This is attributed to the fact that the non-COVID-19 related healthcare facilities remained non-functional during the pandemic initially in 2020. Furthermore, factors such as decline* in the number of sport events and activities organized across the globe led to decrease in incidences of sports injury, which propels demand for sport medicines in a negative manner.
In addition, the sports medicine market experienced disruptions in supply chain. This also contributed toward negative impact in growth of the sports medicine market in the year 2020. However, as the lockdown restrictions were relaxed in 2021, the demand for sports medicine exhibited a steady rise and recovery from COVID-19 impact.
The global sports medicine market is segmented on the basis of product, application, and region. By product, it is classified into body reconstruction & repair products, body support & recovery products, body monitoring & evaluation, and accessories. Body reconstruction & repair products are sub-segmented into implants, arthroscopy devices, fracture and ligament repair devices, prosthetic devices, and orthobiologics. 
Further, body support & recovery products are sub-segmented into thermal therapy products, brace and support devices, and compression clothing. Body monitoring and evaluation is sub-segmented into cardiac monitoring & evaluation, respiratory monitoring & evaluation, hemodynamic monitoring & evaluation, muscoskeletal monitoring & evaluation, and other monitoring & evaluation.
By application, it is divided into knee injuries, shoulder injuries, ankle & foot injuries, elbow & wrist injuries, hip & groin injuries, back & spine injuries, and other injuries.
Region wise, it is segmented into North America, Asia-Pacific, Europe, and LAMEA.
Key Benefits for Stakeholders
- The study provides an in-depth analysis, current trends, and future estimations of the global market to elucidate the imminent investment pockets
- Comprehensive analysis of factors that drive and restrict the market growth is provided
- A quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities
- Extensive analysis of key segments of the industry is provided to understand the type of products and indications used globally
- Key market players and their strategies are analyzed to understand the competitive outlook of the market
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter’s Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
Chapter 4: Sports Medicine Market, by Product
4.1. Market Overview
4.1.1Market Size and Forecast, by Product
4.2. Body Reconstruction and Repair
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Body Support and Recovery
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.4. Body Monitoring and Evaluation
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Share Analysis, by Country
4.5. Accessories
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Share Analysis, by Country
Chapter 5: Sports Medicine Market, by Application
5.1. Market Overview
5.1.1Market Size and Forecast, by Application
5.2. Knee Injuries
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Shoulder Injuries
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Ankle and Foot Injuries
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Back and Spine Injuries
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
5.6. Elbow and Wrist Injuries
5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Share Analysis, by Country
5.7. Hip Injuries
5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Share Analysis, by Country
5.8. Other Injuries
5.8.1. Key Market Trends, Growth Factors and Opportunities
5.8.2. Market Size and Forecast, by Region
5.8.3. Market Share Analysis, by Country
Chapter 6: Sports Medicine Market, by Region
Chapter 7: Company Profiles
7.1. Arthrex, Inc
7.1.1. Company Overview
7.1.2. Key Executives
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.6. Business Performance
7.1.7. Key Strategic Moves and Developments
7.2. Conmed
7.2.1. Company Overview
7.2.2. Key Executives
7.2.3. Company Snapshot
7.2.4. Operating Business Segments
7.2.5. Product Portfolio
7.2.6. Business Performance
7.2.7. Key Strategic Moves and Developments
7.3. Djo Global, Inc.
7.3.1. Company Overview
7.3.2. Key Executives
7.3.3. Company Snapshot
7.3.4. Operating Business Segments
7.3.5. Product Portfolio
7.3.6. Business Performance
7.3.7. Key Strategic Moves and Developments
7.4. Johnson and Johnson
7.4.1. Company Overview
7.4.2. Key Executives
7.4.3. Company Snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. Business Performance
7.4.7. Key Strategic Moves and Developments
7.5. Mueller Sports Medicine
7.5.1. Company Overview
7.5.2. Key Executives
7.5.3. Company Snapshot
7.5.4. Operating Business Segments
7.5.5. Product Portfolio
7.5.6. Business Performance
7.5.7. Key Strategic Moves and Developments
7.6. Orthofix International N. V.
7.6.1. Company Overview
7.6.2. Key Executives
7.6.3. Company Snapshot
7.6.4. Operating Business Segments
7.6.5. Product Portfolio
7.6.6. Business Performance
7.6.7. Key Strategic Moves and Developments
7.7. Smith and Nephew plc
7.7.1. Company Overview
7.7.2. Key Executives
7.7.3. Company Snapshot
7.7.4. Operating Business Segments
7.7.5. Product Portfolio
7.7.6. Business Performance
7.7.7. Key Strategic Moves and Developments
7.8. Stryker Corporation
7.8.1. Company Overview
7.8.2. Key Executives
7.8.3. Company Snapshot
7.8.4. Operating Business Segments
7.8.5. Product Portfolio
7.8.6. Business Performance
7.8.7. Key Strategic Moves and Developments
7.9. Wright Medical Group, Inc
7.9.1. Company Overview
7.9.2. Key Executives
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.9.6. Business Performance
7.9.7. Key Strategic Moves and Developments
7.10. Zimmer Biomet Holdings, Inc.
7.10.1. Company Overview
7.10.2. Key Executives
7.10.3. Company Snapshot
7.10.4. Operating Business Segments
7.10.5. Product Portfolio
7.10.6. Business Performance
7.10.7. Key Strategic Moves and Developments
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