North America Sports Medicine Market r is expected to gain market growth in the forecast period till 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.1% in the forecast period till 2027 and is expected to reach USD 4,178.43 million by 2030. The rising demand for minimally invasive surgeries and growing influx of new products and treatment modalities are the major drivers which propelled the demand of the sports medicine market in the forecast period. As per our analysts, with the active participation by governments in encouraging sports activities, rising incidence of sports-associated injuries, and the growing awareness of physical fitness among people, the market is expected to witness remarkable growth over the forecast period.

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Key Industry Development

  • Smith & Nephew launched iIntellio connected tower platform to connect and control sports medicine systems. It has a remote control, an on-screen display optimized for surgeon workflow, and a cloud-based image management portal.
  • American Orthopaedic Society for Sports Medicine (AOSSM) announced the launch of open access Video Journal of Sports Medicine (VJSM), a video-based teaching and learning platform. AOSSM has developed this with the mindset of digital learning and to deliver best practices across sports medicine in the management of athletes and active people.
  • Smith+Nephew, medical technology business, announced the HEALICOIL KNOTLESS Suture Anchor launch to expand its comprehensive line of advanced healing solutions for rotator cuff repair.

Key Takeaways

  • Sports injuries include spondylolysis, fractures, strains and sprains, stitches, disc injuries and Scheuermann's disease.
  • According to the EU IDB sports catalogue, about 4.5 million people aged 15 and over are treated in a hospital for injuries each year.
  • Asia-Pacific is expected to grow at a higher CAGR over the projection period.
  • By Device Type Analysis the Global market of sports medicine can be segmented into surgical devices, bone rebuilding devices, body support devices.

 

Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: North America Sports Medicine Market Analysis
  • Chapter 3: Regional analysis of the North America Sports Medicine Market
  • Chapter 4: Market segmentation based on types and applications
  • Chapter 5: Revenue analysis based on types and applications
  • Chapter 6: Market share
  • Chapter 7: Competitive Landscape
  • Chapter 8: Drivers, Restraints, Challenges, and Opportunities
  • Chapter 9: Gross Margin and Price Analysis

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The major companies which are dealing in the North America sports medicine market report are Smith & Nephew, Zimmer Biomet, Stryker, Breg, Inc., Medtronic, Bird & Cronin, Arthrex, Inc., Wright Medical Group N.V., Arthrosurface (a subsidiary of Anika Therapeutics, Inc.), Össur Corporate, Mueller Sports Medicine, Inc., CONMED Corporation, Surgalign, Johnson & Johnson Services, Inc., DJO, LLC (a subsidiary of Colfax Corporation) among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Profound Questions Answered in this Report:

  • What is the growth rate of various stages in the value chain of the industry?
  • Which region has the highest growth rate and size of the emerging market by value in 2022?
  • Who are the competitive players in North America Sports Medicine Market?
  • Which region has the largest share and degree of competition in the industry?
  • What is the CAGR of the market during the forecast period 2022 to 2027?
  • Which region is expected to hold the highest market share for the market?
  • What is the main driver of the North America Sports Medicine Market?
  • What is sales volume, revenue, and price analysis of top players of the market?
  • What are the market opportunities and threats faced by the vendors in the industry?
  • What has been the impact of COVID-19 on the North America Sports Medicine Market?

 

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