Global Sports Medicine Market Size research report 2022 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.The global sports medicine market size stood at USD 6.26 billion in 2018 and is projected to reach USD 9.86 billion by 2026, exhibiting a CAGR of 5.8% during the forecast period
Drivers & Restraints
Sports injuries include spondylolysis, fractures, strains and sprains, stingers, disc injury, and Scheuermann’s disease. According to the sports injury statistics, published by STANFORD CHILDREN’S HEALTH, in the United States, about 30 million kids and teenagers participate in various organized athletics . Almost one-third of all injuries incurred in childhood are games-related injuries. Additionally, according to National Health Statistics Reports published by the CDC in 2016, an average of 8.6 million sports and recreation-related injuries were reported in the U.S. Anatomical locations of the injuries reported during sports and recreation activities included the high percentage of injuries in lower extremity followed by upper extremity and head and neck.
This study provides information about the sales and revenue during the historic and forecasted period of (2022 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Sports Medicine Market report.
This report focuses on Sports Medicine Market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Sports Medicine Market market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
An Overview of the Impact of COVID-19 on this Market:
The advancement of COVID-19 has conveyed the world to a stop. We fathom that this prosperity crisis amazingly influences associations across ventures. Nevertheless, everything fortunate or unfortunate should reach a conclusion. There are a couple of organizations that are fighting and some are thriving. By and large, essentially every region is relied upon to be impacted by the pandemic.
Key players covered in the global Sports Medicine Market research report:
- Arthrex, Inc.
- Smith & Nephew
- CONMED Corporation
- Zimmer Biomet
- Johnson & Johnson Services, Inc.
- KARL STORZ SE & Co. KG