Sports Medicine Market is projected to reach USD 7.2 billion by 2025

The global sports medicine market is projected to reach USD 7.2 billion by 2025 from USD 5.5 billion in 2020 at a CAGR of 5.7%. Growth in the sports medicine market can be attributed to factors such as the increasing incidence of sports injuries, continuous influx of new products and treatment modalities, developments in the field of regenerative medicine and rising demand for minimally invasive surgeries. However, the high cost of implants and other devices may restrain the market to a certain extent.

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The major players in the market include Arthrex, Inc (US), Smith & Nephew plc (UK), Stryker Corporation (US), Breg Inc. (US), DJO Global, Inc. (US), Mueller Sports, Inc. (US), Wright Medical Group N.V. (US), Medtronic (Ireland), RTI Surgical (US), Performance Health International Limited (US), KARL STORZ (Germany), and Bauerfeind AG (US).

“The Body Support & Recovery Products segment is expected to grow at the highest rate during the forecast period.”

On the basis of product, the global sports medicine market has been segmented into body reconstruction products, body support & recovery products, and accessories. The body reconstruction products segment is further divided into fracture and ligament repair products, arthroscopy devices, implants, prosthetics, and orthobiologics. Similarly, body support & recovery products include braces & support, physiotherapy equipment, and compression clothing. The body reconstruction products segment is expected to grow at the highest CAGR during the forecast period. Braces & supports are required before and after procedures involving reconstruction. The demand for these devices is growing due to their requirement in the treatment of the majority of the sports injuries.

The knee injuries segment is expected to hold the largest share during the forecast period.

On the basis of application, the sports medicine market is segmented into knee injuries, shoulder injuries, foot & ankle injuries, elbow & wrist injuries, back & spine injuries, hip & groin injuries, and other injuries. The knee injuries segment is expected to account for the largest share of this market. The large share of this segment can be attributed to knee injuries being the most common sports injury accounting for approximately 40% of all injuries.

‘’The Hospitals segment is expected to account for the largest share during the forecast period. ‘’

Based on end user segment, the market is segmented into Hospitals, Ambulatory Surgery centers and Physiotherapy Centers and Clinics. The hospitals segment accounted for the largest share of the sports medicine market.  The large share of this segment can be attributed to factors like Complex diagnostic and therapeutic procedures being carried out in hospitals.

“The North American sports medicine market is expected to hold the largest market during the forecast period.”

Geographically, the sports medicine market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World. The North American market is expected to hold the largest share while Asia Pacific is to account for the highest CAGR of 6.1% during the forecast period. The rising popularity of sports and physical activity, growing awareness regarding the prevention & treatment of sports injuries, and increasing investments in sports medicine are the key factors driving the North American sports medicine market.

Impact of Covid-19 Pandemic on the Sports Medicine Market:

The sports medicine market is a growing healthcare field owing to the rise in popularity of several sports activities and relevant opportunities. However, the erstwhile growing market has come to a standstill as most of the sporting events and activities have been put on hold because of the Covid-19 outbreak. Hospitals which are the largest growing end user segment have seen an incline in the treatment of Covid-19 cases which in turn has led to cancellation or rescheduling of sports related orthopedic injuries. The growth of the sports medicine market is hampered because of the novel coronavirus but is expected to be restored once the situation stabilizes.

Breakdown of supply-side primary interviews:

  • By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
  • By Designation: C-level – 43%, Director-level – 32%, and Others – 25%
  • By Region: North America – 38%, Europe – 23%, APAC – 29%, and RoW – 10%

Research Coverage

This report studies the sports medicine market based on product, application, region and end user. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.

Key Benefits of Buying the Report

This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the sports medicine market, and high-growth regions with their drivers, restraints, challenges, and opportunities. The report also covers the impact of Covid-19 on the sports medicine market. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Market Scope (Inclusions & Exclusions)
1.2.2 Markets Covered
1.2.3 Years Considered For The Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology 
2.1 Research Data
2.2 Research Methodology Steps
Figure 1 Research Methodology: Sports Medicine Market
Figure 2 Research Design
2.2.1 Secondary Data
2.2.1.1 Secondary Sources
2.2.2 Primary Data
Figure 3 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2.2.1 Primary Sources
2.2.2.2 Key Insights From Primary Sources
2.2.3 Market Size Estimation Methodology
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.2.4 Market Data Estimation And Triangulation
Figure 7 Data Triangulation Methodology
2.2.5 Assumptions Of The Study

3 Executive Summary 
Figure 8 Sports Medicine Market Share, By Product, 2020
Figure 9 Sports Medicine Market, By Application, 2020 Vs. 2025 (Usd Million)
Figure 10 Sports Medicine Market, By End User, 2020 Vs. 2025 (Usd Million)
Figure 11 Geographical Snapshot Of The Sports Medicine Market

4 Premium Insights
4.1 Sports Medicine Market Overview
Figure 12 Increasing Incidence Of Sports Injuries To Drive Market Growth
4.2 Geographic Analysis: European Sports Medicine Market Share, By Product (2020)
Figure 13 Body Reconstruction Products To Account For The Largest Market Share In The European Sports Medicine Market In 2020
4.3 Sports Medicine Market Share, By Application, 2020 Vs. 2025
Figure 14 Knee Injuries Segment To Dominate The Sports Medicine Market In 2025
4.4 Sports Medicine Market Share, By Product, 2020 Vs. 2025
Figure 15 Body Reconstruction Products Segment To Account For The Largest Market Share In 2020
4.5 Geographic Snapshot Of The Sports Medicine Market
Figure 16 Apac To Register The Highest Cagr During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Sports Medicine Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Incidence Of Sports Injuries
5.2.1.2 The Continuous Influx Of New Products And Treatment Modalities
5.2.1.3 Developments In The Field Of Regenerative Medicine
5.2.1.4 Rising Demand For Minimally Invasive Surgeries
5.2.2 Restraints
5.2.2.1 High Cost Of Orthopedic Implants And Other Devices
5.2.3 Opportunities
5.2.3.1 3d-Printed Implants
5.2.3.2 Expansion And Market Penetration Opportunities In Emerging Economies
5.2.4 Challenges
5.2.4.1 Dearth Of Skilled Professionals
5.3 Impact Of The Covid-19 Pandemic On The Sports Medicine Market
Table 1 First-Quarter Revenues Of Key Players
Table 2 Second-Quarter Revenues Of Key Players
Figure 18 Impact Of Covid-19 On The Sports Medicine Market

6 Sports Medicine Market, By Product
6.1 Introduction
Figure 19 Body Reconstruction Products Segment To Dominate The Sports Medicine Market During The Forecast Period
Table 3 Sports Medicine Market, By Product, 2017-2019 (Usd Million)
Table 4 Sports Medicine Market, By Product, 2020-2025(Usd Million)
6.2 Body Reconstruction Products
Figure 20 Orthobiologics Segment To Witness The Highest Growth During The Forecast Period
Table 5 Sports Medicine Market For Body Reconstruction Products, By Region, 2017-2019 (Usd Million)
Table 6 Sports Medicine Market For Body Reconstruction Products, By Region, 2020-2025 (Usd Million)
Table 7 Sports Medicine Market For Body Reconstruction Products, By Type, 2017-2019 (Usd Million)
Table 8 Sports Medicine Market For Body Reconstruction Products, By Type, 2020-2025 (Usd Million)
6.2.1 Fracture & Ligament Repair Products
6.2.1.1 Fracture & Ligament Injuries Are The Most Common Sports Injuries
Table 9 Sports Medicine Market For Fracture & Ligament Repair Products, By Region, 2017-2019 (Usd Million)
Table 10 Sports Medicine Market For Fracture & Ligament Repair Products, By Region, 2020-2025 (Usd Million)
6.2.2 Arthroscopy Devices
6.2.2.1 Technological Advancements And The Development Of New Products To Support Market Growth For This Segment
Table 11 Sports Medicine Market For Arthroscopic Devices, By Region, 2017-2019 (Usd Million)
Table 12 Sports Medicine Market For Arthroscopic Devices, By Region, 2020-2025 (Usd Million)
6.2.3 Implants
6.2.3.1 High Cost Of Implants Is A Major Concern Expected To Restrain The Market Growth
Table 13 Research Studies In The Field Of Biodegradable Implants
Table 14 Sports Medicine Market For Implants, By Region, 2017-2019 (Usd Million)
Table 15 Sports Medicine Market For Implants, By Region, 2020-2025 (Usd Million)
6.2.4 Orthobiologics
6.2.4.1 The Interest Of Prominent Companies In The Field Of Orthobiologics Is Driving Innovation In This Segment
Table 16 Sports Medicine Market For Orthobiologics, By Region, 2017-2019 (Usd Million)
Table 17 Sports Medicine Market For Orthobiologics, By Region, 2020-2025 (Usd Million)
6.2.5 Prosthetics
6.2.5.1 High Price Of Prosthetics And An Unfavorable Reimbursement Scenario In Developing Nations May Restrain The Market Growth
Table 18 Sports Medicine Market For Prosthetics, By Region, 2017-2019 (Usd Million)
Table 19 Sports Medicine Market For Prosthetics, By Region, 2020-2025 (Usd Million)
6.3 Body Support & Recovery Products
Figure 21 Physiotherapy Equipment Segment To Grow At The Highest Cagr During The Forecast Period
Table 20 Sports Medicine Market For Body Support & Recovery Products, By Region, 2017-2019 (Usd Million)
Table 21 Sports Medicine Market For Body Support & Recovery Products, By Region, 2020-2025 (Usd Million)
Table 22 Sports Medicine Market For Body Support & Recovery Products, By Type, 2017-2019 (Usd Million)
Table 23 Sports Medicine Market For Body Support & Recovery Products, By Type, 2020-2025 (Usd Million)
6.3.1 Braces & Supports
6.3.1.1 The Wide Adoption Of Braces And Supports To Treat Sports Injuries In Pre- And Post-Operative Cases Drive Market Growth
Table 24 Sports Medicine Market For Braces & Supports, By Region, 2017-2019 (Usd Million)
Table 25 Sports Medicine Market For Braces & Supports, By Region, 2020-2025 (Usd Million)
6.3.2 Physiotherapy Equipment
Table 26 Sports Medicine Market For Physiotherapy Equipment, By Region, 2017-2019 (Usd Million)
Table 27 Sports Medicine Market For Physiotherapy Equipment, By Region, 2020-2025 (Usd Million)
Table 28 Sports Medicine Market For Physiotherapy Equipment, By Type, 2017-2019 (Usd Million)
Table 29 Sports Medicine Market For Physiotherapy Equipment, By Type, 2020-2025 (Usd Million)
6.3.2.1 Thermal Therapy
6.3.2.1.1 Thermal Therapy Is Widely Adopted As It Is Inexpensive And Easily Accessible
Table 30 Sports Medicine Market For Thermal Therapy, By Region, 2017-2019 (Usd Million)
Table 31 Sports Medicine Market For Thermal Therapy, By Region, 2020-2025 (Usd Million)
6.3.2.2 Electrostimulation
6.3.2.2.1 Technological Advancements In The Field Of Electronics Have Made Electrostimulation An Essential Technique In Sports Medicine
Table 32 Sports Medicine Market For Electrostimulation, By Region, 2017-2019 (Usd Million)
Table 33 Sports Medicine Market For Electrostimulation, By Region, 2020-2025 (Usd Million)
6.3.2.3 Other Therapies
6.3.2.3.1 Other Therapies Include Ultrasound Therapy, Laser Therapy, Combination Therapies, Acupuncture, And Massages.
Table 34 Sports Medicine Market For Other Therapies, By Region, 2017-2019 (Usd Million)
Table 35 Sports Medicine Market For Other Therapies, By Region, 2020-2025 (Usd Million)
6.3.3 Compression Clothing
Table 36 Sports Medicine Market For Compression Clothing, By Region, 2017-2019 (Usd Million)
Table 37 Sports Medicine Market For Compression Clothing, By Region, 2020-2025 (Usd Million)
6.4 Accessories
Table 38 Sports Medicine Market For Accessories, By Region, 2017-2019 (Usd Million)
Table 39 Sports Medicine Market For Accessories, By Region, 2020-2025 (Usd Million)

7 Sports Medicine Market, By Application

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