Sports Medicine Market Growth, Analysis, Trends and Forecast by 2032Posted by Ganesh Shinde on March 17th, 2023 The global sports medicine market is projected to attain a valuation of US$ 6.8 billion by 2022 and is expected to expand at a CAGR of 5.3%, reaching US$ 11.4 billion by 2032. As per the report, body reconstruction products will account for approximately 81.3% of the market share in 2021. Sports medicine, encompassing a broad range of medical and paramedical disciplines, is not limited to athletes and sports professionals but also extends to individuals of all ages, including active and sick people. The discipline strives to enhance physical activity and quality of life in the general population, and hence, it is becoming increasingly popular among amateur athletes. The sports medicine market will be driven by high demand for minimally invasive surgeries and an increasing number of sports medical centers. The market will also benefit from the growing adoption of computer-assisted robotic operations, which help reduce hospital stays and recovery time. Market Competition To gain a competitive edge in the market, manufacturers are relying on a variety of strategic initiatives such as innovative product launches, mergers and acquisitions, accreditations, strategic alliances, and partnerships. Top Key Players Covered-Arthrex, Inc., DePuy Synthes (J&J), Smith & Nephew Plc., Stryker Corporation, Zimmer Biomet Holdings, Inc., Olympus Movement Performance, Karl Storz, Tornier N.V., Wright Medical Group N.V., DJO Global, Ossur HF, Medtronic Plc, CONMED Corporation, Mueller Sports Medicine, Inc., Cayenne Medical, NuOrtho Surgical Inc., Ottobock, RTI Surgical, NuVasive, Inc. Get More Details@ https://www.futuremarketinsights.com/reports/sports-medicine-market Key Market Segments Covered in Sports Medicine Industry Research By Product:
By Application:
Like it? Share it!More by this author |