Sports Medicine Market to generate $12.86 Bn, Globally, by 2030 at 5.1% CAGR: Allied Market Research
Rise in incidences of sports injuries, increase rise in participation in fitness and sports-related activities.
WILMINGTON, DELAWARE, UNITED STATES, July 16, 2024 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Sports Medicine Market by Product (Body Reconstruction & Repair, Body Support & Recovery Products, Body Monitoring and Evaluation Devices and Accessories), Application (Knee Injuries, Shoulder Injuries, Ankle & Foot Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, & Other Injuries): Global Opportunity Analysis and Industry Forecast, 2021-2030." ๐๐ฐ๐ฐ๐ผ๐ฟ๐ฑ๐ถ๐ป๐ด ๐๐ผ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐, ๐๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฝ๐ผ๐ฟ๐๐ ๐บ๐ฒ๐ฑ๐ถ๐ฐ๐ถ๐ป๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ด๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ฒ๐ฑ $๐ด.๐ฑ๐ฎ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฌ, ๐ฎ๐ป๐ฑ ๐ถ๐ ๐ฒ๐ ๐ฝ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ผ ๐ฟ๐ฒ๐ฎ๐ฐ๐ต $๐ญ๐ฎ.๐ด๐ฒ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฏ๐ ๐ฎ๐ฌ๐ฏ๐ฌ, ๐๐ถ๐๐ป๐ฒ๐๐๐ถ๐ป๐ด ๐ฎ ๐๐๐๐ฅ ๐ผ๐ณ ๐ฑ.๐ญ% ๐ณ๐ฟ๐ผ๐บ ๐ฎ๐ฌ๐ฎ๐ญ ๐๐ผ ๐ฎ๐ฌ๐ฏ๐ฌ.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ-
https://www.alliedmarketresearch.com/request-sample/872
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ, ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Rise in incidences of sports injuries, increase rise in participation in fitness and sports-related activities, and shift from proactive to preventive care for sports injuries drive the growth of the global sports medicine market. However, changing regulatory scenarios for medicine hinder the market growth. On the other hand, increase in awareness among individuals regarding fitness & sports, availability of medical instruments, and adoption of extreme sports activities create opportunities in the coming years.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐จ๐ฏ๐ข๐-๐๐ ๐จ๐ง ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐๐ข๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ-
โช๏ธ Owing to cancellation of sports events and competitions to prevent the spread of Covid-19, the demand for sports medicines reduced considerably during the initial phases of the pandemic. The demand is expected to grow steadily post-pandemic.
โช๏ธ Manufacturing activities of sports medicine were stopped completely or partially during the lockdown implemented by different governments. Lack of availability of skilled workforce and disrupted supply chain impacted the manufacturing activities.
๐๐๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐๐๐-๐๐ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐๐ข๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ-
https://www.alliedmarketresearch.com/request-for-customization/872?reqfor=covid
๐๐ก๐ ๐๐จ๐๐ฒ ๐ซ๐๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ซ๐๐ฉ๐๐ข๐ซ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐
Based on product type, the body reconstruction and repair segment accounted for the largest market share in 2020, holding nearly half of the global sports medicine market, and is expected to maintain its lead position by 2030. Moreover, this segment is projected to manifest the highest CAGR of 5.9% during the forecast period. This is attributed to the benefits of medicines such as rapid repairing and restoring of functions of injured parts of the body. The research also analyzes the segments including body support and recovery, body monitoring and evaluation, and accessories.
๐๐ก๐ ๐ค๐ง๐๐ ๐ข๐ง๐ฃ๐ฎ๐ซ๐ข๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ข๐ง ๐ญ๐๐ซ๐ฆ๐ฌ ๐จ๐ ๐ซ๐๐ฏ๐๐ง๐ฎ๐ ๐๐ฒ ๐๐๐๐
Based on application, the knee injuries segment held around one-fourth of the global sports medicine market in 2020, and is estimated to maintain its leadership status in terms of revenue by 2030. Moreover, this segment is projected to manifest the largest CAGR of 7.6% during the forecast period. This is attributed to increase in prevalence of knee-related injuries that occur during sports activities. The report also analyzes the segments including shoulder injuries, ankle & foot injuries, back & spine injuries, elbow & wrist injuries, hip injuries, & other injuries.
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๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ-
https://www.alliedmarketresearch.com/purchase-enquiry/872
Based on region, North America contributed to the largest market share in 2020, holding more than two-fifths of the total market share of the global sports medicine market, and is projected to maintain its dominant share throughout the forecast period. This is due to rise in the number of sports activities and presence of key market players in the region. However, Asia-Pacific is expected to witness the largest CAGR of 7.0% during the forecast period. This is attributed to surge in awareness related to the treatment of sports-related injuries.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Arthrex Inc.
CONMED corporation
DJO Global
Johnson & Johnson
Mueller Sport Medicine
Orthofix International N.V
Smith & Nephew Plc.
Stryker Corporation
Wright Medical Group
Zimmer Biomet Holdings Inc.
๐๐๐จ๐ฎ๐ญ ๐๐ฅ๐ฅ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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