Global Sports Medicine Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Sports Medicine market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global sports medicine market size was US$ 6.1 billion in 2021. The global sports medicine market is forecast to grow to US$ 10.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 30.
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Sports medicine encompasses the treatment, physical fitness, and prevention of injuries brought on by exercise and sports. Sports medicine focuses on offering effective medical care to athletes and other sports professionals. Healthcare professionals who specialize in sports medicine have obtained specialized training to treat athletes and help injured athletes regain function so they can get back on the field as soon as possible.
Factors Influencing the Market
The rising cases of sports-related injuries will fuel the growth of the global sports medicine market. In addition, growing initiatives by government bodies aimed at offering efficient medical services to athletes will also boost the growth of the global sports medicine market during the forecast period. Government-sponsored programs in sports medicine increase athlete participation all across the world. Additionally, a rise in demand for minimally invasive procedures supports market expansion.
Ligament rips and fractures occur often among sports participants. The growing interest in sports activities will contribute to the growth of the market. Apart from that, rising awareness related to the efficient treatment for a sports injury will escalate the growth of the market. In addition, growing technological advancements in the medical field will offer ample opportunities for market growth.
COVID-19 Impact Analysis
The sports medicine market witnessed a drastic drop in terms of revenue. The growth of the market is attributed to the sudden decline in the number of sports activities. The government-imposed restrictions halted sports activities, and almost every centre closed its doors. Thus, it affected the demand for sports medicine. In addition, the COVID-19 virus has a significant threat to lives, which prohibited people from going to public places. Thus, it ultimately decreased the demand for sports medicine.
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North America is forecast to dominate the sports medicine market. The growth of the market is attributed to the rising interest of youth in sports activities. Furthermore, growing investments by government bodies and private firms in this sector will benefit the sports medicine market during the study period. Apart from that, the presence of a well-developed healthcare infrastructure and the availability of technologically sophisticated medical devices will fuel the growth of this region’s sports medicine market during the forecast period.
Competitors in the Market
? Breg, Inc.
? Smith & Nephew Plc
? Stryker Corporation
? Johnson & Johnson
? Arthrex, Inc.
? Conmed Corporation
? Zimmer Biomet Holdings, Inc.
? Mueller Sports Medicine, Inc.
? Other Prominent Players
Market Segmentation
The global sports medicine market segmentation focuses on Product, Application, End-User, and Region.
By Product
? Body Reconstruction Products
o Fracture and Ligament Repair Products
o Arthroscopy Devices
o Implants
o Prosthetic Devices
o Orthobiologics
? Body Support and Recovery Products
o Braces and Supports
o Compression Clothing
? Physiotherapy Equipment
o Thermal Therapy
o Electrostimulation
? Other Therapies
o Ultrasound Therapy
o Laser Therapy
? Accessories
By Application
? Knee Injuries
? Shoulder Injuries
? Foot and Ankle Injuries
? Elbow and Wrist Injuries
? Back and Spine Injuries
? Hip and Groin Injuries
? Other Injuries
By End-User
? Hospitals
? Ambulatory Surgery Centres
? Physiotherapy Centres and Clinics
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By Region
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
What is the goal of the report?
? The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
? During the forecast period, the report analyzes the growth rate, market size, and market valuation.
? The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
? The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance
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