The Sports Medicine Devices Market was valued at $7,175 million in 2017 and is expected to reach $12,730 million by 2027, registering a CAGR of 7% from 2021 to 2027.
Sports medicine devices are specialized devices widely used in physical fitness and sports medicine for the prevention and promotion of rehabilitation of sports-related injuries such as fractures, sprains, soft tissue injuries, joint dislocations, strains, and muscle and bone injuries. . Portable and wearable sports devices have become more popular and accessible to the general public and sports teams due to increased exposure to commercial media, reduced costs, increased availability, and advances in personal computing devices such as smartphones and digital watches. The growth of the global sports medical devices market is driven by increasing demand for sports medical devices owing to the high incidence of sports related injuries and increasing people’s awareness of fitness.
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Market Segments
By Product
- Orthopedic Devices
- Body Support & Recovery
- Body Monitoring & Evaluation
- Accessories
By Application
- Hand‐wrist Injury
- Shoulder Injury
- Ankle‐foot Injury
- Arm‐elbow Injury
- Knee Injury
- Back‐spine Injury
- Hip‐groin Injury
Key Players
Key companies of this market Stryker Corporation, Smith & Nephew Plc, Arthrex Inc, Conmed Corporation, Zimmer Biomet Holdings Inc, Mueller Sports Medicine Inc, Richard Wolf GmbH, Ceterix Orthopaedics, DePuy Synthes, Osiris Therapeutics, Inc., and NuVasive, Inc.
Scope of the Report
The research study analyzes the global Sports Medicine Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Sports Medicine Devices Market Report
1. What was the Sports Medicine Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Sports Medicine Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Sports Medicine Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Sports Medicine Devices market.
- The market share of the global Sports Medicine Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Sports Medicine Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Sports Medicine Devices market.
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