Sports Medicine Market Size, Share, By Product (Implants, Arthroscopy Device, Prosthetic, Orthobiologics & Braces, Bandages and Tapes, and Other Products), By Application (Knee Injuries, Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, Elbow and Wrist Injuries, and Other Applications), and By Region - Trends, Analysis and Forecast till 2030

Sports Medicine Market accounted for USD 8.72 Billion in 2020 and is estimated to be USD 19.60 Billion by 2030 and is anticipated to register a CAGR of 8.40%.

Sports medicine also known as sports and exercise medicine (SEM). It is a division of medicine that treat a wide range of physical conditions, including acute traumas such as fractures, sprains, strains, and dislocations. They also treat chronic overuse injuries as well as tendonitis, degenerative diseases, and overtraining syndrome. Sports medicine focuses on helping people progress in their athletic performance, improve from injury and prevent future injuries. Sports medicine aim for helping people who are engaged in exercise safely and effectively to achieve their training goals.

Growing incidence of physical injuries

Growing incidence of physical injuries due to physical activities such as sports and exercise are the major factor driving the growth of the global sports medicine market. For instance, according to Stanford Children's Health organization in the U.S., around 30 million children and teens participate in some form of organized sports and estimated that there are around 3.5 million injuries each year. Additionally, growth in sports activities and initiatives are taken by the government to support the sport in the world such as organizing campaigns and marathons, are the major factor boosting the growth of the target market.

Rising awareness about harmful effects

Furthermore, rising awareness about the harmful effects of such habits and unceasing determinations by NGOs and health ministries is expected to increase the number of individuals adopting healthier lifestyle such factor propel the target market growth. Moreover, government initiatives together with a growing focus on R&D activities for the development of more treatment therapies for sports injuries is accepted to provide a strong opportunity to global sports medicine market. However, the lack of professional together with improper management is the factor restraining the global market growth.

sports medicine market is segmented based on product, application and region.

Based on product type, the target market is classified into Implants, arthroscopy device, prosthetic, orthobiologics & braces, bandages and tapes and other products. Implants are accounted for major market share in the segment, owing to a continuous evolvement toward the development of bioresorbable implants. The implants are commonly for the treatment of sports injuries, for secure graft fixation. Based on application, the global sports medicine market is segmented into knee injuries, shoulder injuries, ankle and foot injuries, back and spine injuries, elbow and wrist injuries and other applications.

Regional Insights:

For detailed understanding of market dynamics, based on the region the global sports medicine market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the target market owing to development in healthcare infrastructure and increase demand from the sportspersons for better treatment. Growing government initiatives for sports activities in a various stage in the region such as school, college and professional support the target market growth in the North America region. Asia Pacific is expected to show the fastest CAGR during the forecast period owing to rising demand from emerging countries such as China, India. Thus, boosting the growth for the target market.

Sports Medicine Market Report Scope:

Sports Medicine Market, By Product:

• Implants
• Arthroscopy Device
• Prosthetic
• Orthobiologics & Braces
• Bandages and Tapes
• Other Products

Sports Medicine Market, By Application:

• Knee Injuries
• Shoulder Injuries
• Ankle and Foot Injuries
• Back and Spine Injuries
• Elbow and Wrist Injuries
• Other Applications

Sports Medicine Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the global sports medicine market involves Arthrex Inc., CONMED Corporation, Johnson & Johnson, Medtronic PLC, Mueller Sports Medicine Inc., Performance Health, Smith & Nephew, Stryker Corporation, Wright Medical Group and Zimmer Biomet Holdings Inc. The key players in the market are focusing on merge, partnership, and acquisition, with strong focused on research and development for product innovation and business expansion in various region.

• In June 2024, Renowned Musician and Orthopedic Surgeon Dr. Gabriel Dassa to Launched New Clinic in Newburgh, New York. Dassa’s dedication to community service transcends sole medical acumen; his reputation as a skilled orthopedic expert has made the Dassa’s name synonymous with quality and compassionate care, a cornerstone of his professional philosophy.
• In April 2024, New UPMC Sports Medicine Clinic Opened in Ireland, Expands Access to Care. UPMC’s cutting-edge sports medicine services are delivered nationwide across six locations in Ireland including Dublin, Waterford, Limerick, Tipperary, Mayo and now Cork to serve people in the country’s southern region.
• In February 2024, New Loyola Medicine program offers specific treatment plans to female athletes. The 20-bed tertiary care orthopaedic and sports injury facility, located in the heart of south Delhi, has specialist surgeons.
• In September 2023, IOC publishes new Consensus Statement on Relative Energy Deficiency in Sport (REDs) to protect athlete health. A new International Olympic Committee (IOC) Consensus Statement, published in the British Journal of Sports Medicine, highlights the risk for athletes of a syndrome affecting health and performance, caused by a mismatch between the calories eaten and burned during exercise – known as REDs (Relative Energy Deficiency in Sport).

• Arthrex Inc.
• CONMED Corporation
• Johnson & Johnson
• Medtronic PLC
• Mueller Sports Medicine Inc.
• Performance Health
• Smith & Nephew
• Stryker Corporation
• Wright Medical Group
• Zimmer Biomet Holdings Inc.