Sports Medicine Market Global Trends and Forecasts to 2027

 

Market Size – USD 5.19 billion in 2019, Market Growth - CAGR of 5.6%, Market trends – Adoption of advanced technology.

The report analyzes the leading players of the global Sports Medicine market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Sports Medicine market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer. It also offers valuable recommendations for new as well as established players of the global Sports Medicine market. It also provides beneficial insights for both new as well as established players of the global Sports Medicine market.

The rise in the prevalence of sports injuries is a major factor in driving the market growth. The injuries include various kinds of strains and sprains. It also includes spondylolysis and spondylolisthesis, stingers, disc injury, and Scheuermann's disease. Sports medicine has undergone satisfactory growth from among other healthcare fields, as these treatments can be provided for other individuals as well and not just for athletes. The extended rise in the demand for sports medicine is due to an increase in sports injuries. With an increase in awareness among individuals for physical fitness, the government is also actively taking initiatives for sports medicine to increase the participation of athletes around the globe.

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Regional Analysis

The North American region holds the largest spot in the growth of Sports Medicine market with a share of approximately 52.6% in the year 2019 and is contemplated to hold the same by the end of the decade due to constant growth of the construction industry of Mexico, Canada, and the United States in the region.

Regional Scope: North America; Europe; Asia Pacific; Central & South America; MEA

Key players in the market include Canopy Growth Corporation, Aurora Sports Medicine Inc., Tikun Olam, Sports Medicine Science Inc., Aphria Inc., Maricann Group Inc., Tilray Inc., VIVO Sports Medicine Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., and MedMen, among others.

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Product Outlook (Revenue, USD Billion; 2017-2027)

  1. Body Reconstruction Products
  2. Fracture and Ligament Repair Products
  3. Assays Arthroscopy Devices
  4. Implants
  5. Prosthetic Devices
  6. Orthobiologics
  7. Body Support and Recovery Products
  8. Braces and Supports
  9. Compression Clothing

Application Outlook (Revenue, USD Billion; 2017-2027)

  1. Knee Injuries
  2. Shoulder Injuries
  3. Foot and Ankle Injuries
  4. Elbow and Wrist Injuries
  5. Back and Spine Injuries
  6. Hip and Groin Injuries
  7. Others

Body Monitoring and Evaluation Devices Outlook (Revenue, USD Billion; 2017-2027)

  1. Cardiac monitoring and evaluation devices
  2. Beverages Respiratory monitoring and evaluation devices
  3. Hemodynamic monitoring and evaluation devices
  4. Musculoskeletal monitoring and evaluation devices
  5. Others

End-Use Outlook (Revenue, USD Billion; 2017-2027)

  1. Hospital
  2. Physiotherapy clinics
  3. Rehabilitation centers

Location: New York, NY, USA

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