[178+ Pages Research Report] Global Sports medicine market to surpass USD 11.73 billion by 2030 from USD 5.95 billion in 2020 at a CAGR of 5.7% in the coming years, i.e., 2021-30.

Product Overview

Sports medicine is concerned with the treatment, physical fitness, and prevention of injuries resulting from exercise and sports. Sports medicine focuses on providing athletics and other sports personnel with medical treatments connected to sports. Sports medicine healthcare experts have received specialized training in order to treat athletes and restore function to injured athletes so that they can return to the field as soon as feasible.

Market Highlights

Global Sports medicine market is expected to project a notable CAGR of 5.7% in 2030.

The increased rates of sports injuries, as well as the expanding engagement of people in sports and fitness-related activities, are driving up demand for sports medicine. Furthermore, over the forecast period, the market for sports medicine is likely to be driven by a move from proactive to preventative care for sports injuries.

Global Sports medicine market: Segments

Body Reconstruction & Repair segment to grow with the highest CAGR during 2020-30

Global Sports medicine market is segmented by type into Body Reconstruction & Repair, Body Support & Recovery, Body Monitoring & Evaluation, and Accessories. The free-from certifications segment held the largest market share in the year 2020. Surgical equipment, soft tissue repair equipment, and bone reconstruction devices are all part of the body reconstruction and repair section. The increased use of fracture and ligament repair devices, as well as the increasing utilization of arthroscopy equipment in minimally invasive procedures, was credited for the huge market share. The accessories section, on the other hand, is expected to develop at the quickest rate over the projection period.

Knees segment to grow with the highest CAGR during 2020-30

Global Sports medicine market is divided by application into Knees, Shoulders, Ankle & Foot, Back & Spine, Elbow & Wrist, Hips, and Others. Over the forecast period, the Knees segment is projected to expand at the fastest pace while the frequency of knee injuries has been steadily increasing. Knee injuries are one of the most prevalent types of injuries sustained when participating in sports or other physical activity. This is due to the fact that excessive running and jumping cause knee joint wear and strain. Dry needling, soft tissue massage, osteopathic manipulation, platelet-rich plasma therapy, and arthroscopic operations for knee repair are among the sophisticated treatments available. Some of the primary factors driving the segment growth are the availability of a wide range of therapies and the rising frequency of knee injuries.

Market Dynamics

Drivers

Growth in sports-related injuries and government initiative

Sports medicine has outperformed all other healthcare professions in terms of growth, as practitioners in this sector can treat a wide range of people, not only athletes. The growth in incidence of sports-related injuries, as well as increased public awareness about physical fitness, has resulted in an increase in demand for sports medicine throughout the years. Additionally, government-sponsored sports medicine initiatives boost athlete involvement around the world. Also, an increase in the demand for minimally invasive surgeries aids market expansion.

Demand for injury treatment and rehabilitation

People who participate in sports have a high rate of ligament tears and fractures. In addition, sports injuries to the lower extremities account for a significant share of all injuries in the world. The demand for injury treatment and rehabilitation is predicted to rise around the world as children and adults participate in more activities, resulting in an increase in the incidence of sports injuries. This is viewed as a favorable signal of the sports medicine market's expansion.

Restraint

Dominance of local competitors and difficulties in replacing technologies

The market's expansion is projected to be hampered by the dominance of local competitors who manufacture support and recovery items. In addition, serious difficulties with total or partial hip replacement technologies are projected to stymie market expansion. The market's growth is also projected to be limited by a lack of payment for academic sports injuries.

Global Sports medicine market: Key Players

Breg, Inc.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Smith & Nephew Plc

Stryker Corporation

Johnson & Johnson

Arthrex, Inc.

Conmed Corporation

Zimmer Biomet Holdings, Inc.

Mueller Sports Medicine, Inc.

Other Prominent Players

Global Sports medicine market: Regions

Global Sports medicine market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Sports medicine market in North America held the largest market share in the year 2020. Some of the primary factors driving the market for sports medicine include the presence of well-developed healthcare infrastructure, high spending, and the availability of technologically sophisticated medical devices to treat various orthopedic problems.

Global Sports medicine market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Sports medicine market report also contains analysis on:

Sports medicine Segments:

By Type

Body Reconstruction & Repair

Body Support & Recovery

Body Monitoring & Evaluation

Accessories

By Application

Knees

Shoulders

Ankle & Foot

Back & Spine

Elbow & Wrist

Hips

Others

Sports medicine Dynamics

Sports medicine Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Sports medicine Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Sports medicine market

What is the Sports medicine market growth

Which segment accounted for the largest Sports medicine market share

Who are the key players in the Sports medicine market

What are the factors driving the Sports medicine market

Contents

1. Executive Summary

2. Global Sports medicine Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Sports medicine Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Sports medicine Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Sports medicine Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Type: Market Share (2020-2030F)

1. Body Reconstruction & Repair, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Body Support & Recovery, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Body Monitoring & Evaluation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Accessories, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application: Market Share (2020-2030F)

1. Knees, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Shoulders, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Ankle & Foot, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Back & Spine, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Elbow & Wrist, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

6. Hips, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Breg, Inc.

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Smith & Nephew Plc

3. Stryker Corporation

4. Johnson & Johnson

5. Arthrex, Inc.

6. Conmed Corporation

7. Zimmer Biomet Holdings, Inc.

8. Mueller Sports Medicine, Inc.

9. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources