Sports Medicine Market Segmentation and Analysis by Recent Trends, Development, Growth by Regions to 2025

The Global Sports Medicine Market Report includes a comprehensive analysis of the present of the market. The report starts with the basic Sports Medicine market overview and then goes into each and every detail, available with Market Study Report LLC, the global sports medicine market is expected to be worth USD 9 billion by the year 2025.

According to the report, increased pervasiveness of physical injuries to athletes along with rising number of surgical procedures are major factors driving the sports medicine market growth. Sports participation has lately gained momentum across the globe. Moreover, various institutes are encouraging participation in sports activities, which in turn is further aiding the market expansion. Favorable government reforms and initiatives which promote sport activities are stimulating the industry outlook. However, lack of skilled professionals may hinder the market growth.

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As per product type, the report states that body support & recovery products segment is expected to grow with a CAGR of 6% during the estimated timeframe. Rising adoption of body support products such as compression clothing and braces owing to their high effectiveness and low cost properties are fueling the segmental growth.

In terms of injury type, elbow and wrist injuries segment held 10% share of sports medicine market in the year 2018. Factors such as rising prevalence of chronic and acute sports injuries related to lower & upper arm along with rising number of body reconstruction surgeries are propelling the market growth.

Citing the end-use landscape, the report cites that clinics segment is presumed to expand with a CAGR of 6.6% during the period of 2019-2025. Increasing utilization of sports medicine in clinics due to its affordability and specialized treatment benefits has elevated overall market size. Rising number of medical experts in sports medicine clinics are further contributing towards the segmental growth.

As per regional analysis, India sports medicine market is expected to be worth USD 341.9 million by the year 2025. Favorable government initiatives which promote sports participation along with high occurrence of sports-related knee injuries are contributing towards popularity of the product across the country.

The prominent companies operating in the sports medicine market are Cramer Products Inc., Ossur Corporate, Japan MDM Inc., GE Healthcare, Johnson & Johnson, CONMED Corp., Bauerfeind AG, KARL STORZ, Performance Health International Ltd., RTI Surgical, Medtronic, Mueller Sports Inc., Bred Inc., Smith & Nephew Plc, Zimmer Biomet, Otto Bock Healthcare, DJO Global, Wright Medical Technology, Tornier N.V., Arthrex Inc., and Stryker Corp.

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Question and Answers: Sports Medicine Market 

Question 1: Why is sports medicine market witnessing continuous growth?

Answer: According to the report, increased pervasiveness of physical injuries to athletes along with rising number of surgical procedures are major factors driving the sports medicine market growth. Sports participation has lately gained momentum across the globe. Moreover, various institutes are encouraging participation in sports activities, which in turn is further aiding the market expansion. Favorable government reforms and initiatives which promote sport activities are stimulating the industry outlook.

Question 2: Which type of injury will contribute towards the growth of sports medicine market?

Answer: Elbow and wrist injuries segment held 10% share of sports medicine market in the year 2018. Factors such as rising prevalence of chronic and acute sports injuries related to lower & upper arm along with rising number of body reconstruction surgeries are propelling the market growth.

Question 3: What factors will lead to the growth of India sports medicine market?

Answer: India sports medicine market is expected to be worth USD 341.9 million by the year 2025. Favorable government initiatives which promote sports participation along with high occurrence of sports-related knee injuries are contributing towards popularity of the product across the country.

Question 4: How is the competitive landscape of sports medicine market defined?

Answer: The prominent companies operating in the sports medicine market are Cramer Products Inc., Ossur Corporate, Japan MDM Inc., GE Healthcare, Johnson & Johnson, CONMED Corp., Bauerfeind AG, KARL STORZ, Performance Health International Ltd., RTI Surgical, Medtronic, Mueller Sports Inc., Bred Inc., Smith & Nephew Plc, Zimmer Biomet, Otto Bock Healthcare, DJO Global, Wright Medical Technology, Tornier N.V., Arthrex Inc., and Stryker Corp.

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