Sports Medicine Market Size, Share, Latest Trends, CAGR Status, Growth Opportunities, and Forecast 2027
Market Size – $ 5.19 Billion in 2019, Market Growth – 5.6% CAGR, Market Trends – Adoption of Advanced Technologies.
VANCOUVER, BC, CANADA, October 24, 2021 /EINPresswire.com/ – The sports medicine market is expected to reach $ 8.05 billion by 2027, according to a new report from Emergen Research. Sports medicine is generally used to prevent injuries as well as to heal, recover and restore injuries in athletes during sports / games. The products are used for athletes to improve the condition during injuries and prevent future progression of injuries.
The increasing prevalence of sports injuries is a major factor in the growth of the market. Injuries include various types of strains and sprains. It also includes spondylolysis and spondylolisthesis, stingers, disc lesions, and Scheuermann’s disease. Sports medicine has seen satisfactory growth among other areas of health as these treatments can also be provided to other people and not just athletes. The prolonged increase in the demand for sports medicine is due to an increase in sports injuries. With increased awareness of individuals in physical fitness, the government is also actively taking initiatives for sports medicine to increase the participation of athletes around the world.
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The research study presents an industry-wide summary of the Sports Medicine Market including drivers, restraints, technological advancements, product developments, limitations, growth strategies, prospects for growth, etc., among others. The Global Sports Medicine Research Report is a market investigative study that offers key statistical data regarding the market size, market share, revenue growth, and CAGR over the forecast period 2021 -2027.
The report also discusses the major players involved in the market such as Arthrex, Inc., Smith & Nephew plc, Stryker Corporation, Breg Inc., DJO Global, Inc., Mueller Sports, Inc., Wright Medical Group NV, Medtronic, RTI Surgical, Performance Health International Limited, KARL STORZ and Bauerfeind AG, among others. and others as well as new market entrants. It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others.
The body support and recovery products segment is expected to experience significant growth due to the demand for products such as orthodontic appliances, physiotherapy equipment and the support required for reconstruction. The demand for the product is increasing due to the increase in the number of surgeries.
The growth of the knee injuries segment is attributed to the increase in the number of injuries in major sports. The segment held the largest market share in the applications segment.
The report analyzes the market on the basis of different categories such as product types, end-user applications, and major geographies. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
Major regions include North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand. demand, production and consumption models, import / export and the presence of key players in each region.
Key Features of the Sports Medicine Market Report:
The report provides details on key drivers, restraints, opportunities, challenges, growth prospects, limitations and threats
The report includes details of key companies, product portfolio along with specifications, production assessment and market share.
Assessment of major current and emerging market trends and growth prospects
It also offers research-based estimates for the eight-year forecast period, primarily for estimating the potential growth of the market.
Brief industry overview with regards to research and development, technological advancements and product development
Thorough assessment of upstream commodities, downstream buyers, demands and current market scenario
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For the purpose of this report, Emergen Research has segmented into the global sports medicine market on the basis of products, applications, body monitoring and evaluation devices, end use, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Body reconstruction products
Fracture and ligament repair products
Body support and recovery products
Straps and supports
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Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Main information
Chapter 4. Sports Medicine Market Segmentation and Impact Analysis
4.1. Sports Medicine Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market driver analysis
126.96.36.199. Government initiatives for sport
188.8.131.52. Development of regenerative medicines
184.108.40.206. Rise in chronic diseases
4.2.3. Analysis of market constraints
220.127.116.11. Lack of repayment strategies
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
Chapter 5. Sports Medicine Market by Product Insights and Trends, Revenue (USD Million)
5.1. Product dynamics and market share, 2019 and 2027
5.1.1. Body reconstruction products
18.104.22.168. Fracture and ligament repair products
22.214.171.124. Arthroscopy devices
5.1.2. Body support and recovery products
126.96.36.199. Straps and supports
188.8.131.52. Compression garments
184.108.40.206. Physiotherapy equipment
220.127.116.11.1. Thermal therapy
18.104.22.168.3. Other therapies
22.214.171.124. Ultrasound therapy
126.96.36.199. Laser therapy
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