Market Overview:
The global sports medicine products market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of sports injuries, rising awareness about sports medicine products, and technological advancements in the field of sports medicine products. The global market for external application type is expected to grow at a CAGR of 7.8% from 2018 to 2030, while that for internal application type is expected to grow at a CAGR of 6.7%. By application, the hospital segment is projected to account for the largest share of the global market in 2018 and 2030; this segment is also projected to register highest growth rate during forecast period. The clinic segment accounted for second-largest share in 2017 and it is projected that this segment will maintain its position by 2030 owing high adoption rates across developed countries such as U.S.
Product Definition:
Sports medicine products are designed to help people who participate in sports and other physical activities. They may include equipment, such as braces or supports, or medications, such as pain relievers. Sports medicine products can help protect people from injuries and can help them recover more quickly if they do get injured.
External Application:
External Application, it's usage and growth factor in Sports Medicine Products market is a new term that entered the medical industry recently. It has been defined as the use of noninvasive techniques or devices to treat athletes following an injury. External application in sports medicine refers to procedures or treatments that are performed by a physician on an athlete following an injury during practice, competition or training without taking into consideration any internal injuries.
Internal Medicine:
Internal medicine is a medical specialty that focuses on the diagnosis and treatment of diseases and disorders. The internal medicine products include diagnostic kits, reagents, consumables (such as syringes & needles), therapeutic devices (such as pumps & infusion systems), monitoring devices, software solutions for disease management along with other services such as consulting. An increasing number of people are getting affected by lifestyle-related diseases which in turn is driving the demand for internal medicine products in sports medicines market.
Application Insights:
The others application segment held the largest share of over 30.0% in 2017. The other applications include home care, urgent care center, walk-in clinics and hospital outpatient departments. Hospital outpatient departments accounted for the highest share in sports medicine products demand as a result of rising awareness about injuries and their treatment among athletes at large as well as general population including children & adolescents.
External application is expected to be the fastest growing segment owing to increasing use of ice packs and compression bandages among other external applications such as ultrasound gel or patches used for pain management by athletes during training or competition which may result in strains, sprains or broken bones respectively requiring medical attention leading to an increase in visits to healthcare providers resulting into growth of this segment over the forecast period.
Regional Analysis:
North America dominated the global sports medicine products market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing incidence of sports injuries, rising awareness about rehabilitation and physical therapy, availability of skilled professionals, and high adoption rate for advanced technologies in clinical diagnosis & treatment. In addition, presence of key companies that provide innovative products such as TheraBand (U.S.), Stryker Corporation (U.S.), Medline Industries (Canada), and Johnson & Johnson Medical Inc.; Orthopedic division (U.S.
Growth Factors:
- Increasing awareness about the benefits of sports medicine products among consumers.
- Rising incidence of sports injuries that can be treated with these products.
- Growing demand for minimally invasive and non-invasive procedures for treating sports injuries.
- Technological advancements in the field of sports medicine products that offer better treatment outcomes to patients. 5) increasing number of people taking up sporting activities, which is driving the demand for these products
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Medicine Products Market Research Report
By Type
External Application, Internal Medicine
By Application
Hospital, Clinic, Sport Clubs, Others
By Companies
Arthrex, Inc., Smith & Nephew, Breg, Inc., Conmed Corporation, DJO Global, Inc., DePuy Mitek, Inc., Donjoy, Inc., Mueller Sports Medicine, Inc., Ossur hf, OttoBock Healthcare GmbH, Arthrex, Inc., Smith & Nephew PLC, Stryker Corporation, Tornier, Inc., Wright Medical Technology, Inc., Zimmer Biomet Holdings, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Sports Medicine Products Market Report Segments:
The global Sports Medicine Products market is segmented on the basis of:
Types
External Application, Internal Medicine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Sport Clubs, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arthrex, Inc.
- Smith & Nephew
- Breg, Inc.
- Conmed Corporation
- DJO Global, Inc.
- DePuy Mitek, Inc.
- Donjoy, Inc.
- Mueller Sports Medicine, Inc.
- Ossur hf
- OttoBock Healthcare GmbH
- Arthrex, Inc.
- Smith & Nephew PLC
- Stryker Corporation
- Tornier, Inc.
- Wright Medical Technology, Inc.
- Zimmer Biomet Holdings, Inc.
Highlights of The Sports Medicine Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- External Application
- Internal Medicine
- By Application:
- Hospital
- Clinic
- Sport Clubs
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sports Medicine Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sports medicine products are any type of product used in sports to help improve performance or prevent injury. These products can include items like athletic tape, braces, and pills.
Some of the key players operating in the sports medicine products market are Arthrex, Inc., Smith & Nephew, Breg, Inc., Conmed Corporation, DJO Global, Inc., DePuy Mitek, Inc., Donjoy, Inc., Mueller Sports Medicine, Inc., Ossur hf, OttoBock Healthcare GmbH, Arthrex, Inc., Smith & Nephew PLC, Stryker Corporation, Tornier, Inc., Wright Medical Technology, Inc., Zimmer Biomet Holdings, Inc..
The sports medicine products market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sports Medicine Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sports Medicine Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sports Medicine Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sports Medicine Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sports Medicine Products Market Size & Forecast, 2020-2028
4.5.1 Sports Medicine Products Market Size and Y-o-Y Growth
4.5.2 Sports Medicine Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 External Application
5.2.2 Internal Medicine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Sport Clubs
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sports Medicine Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sports Medicine Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 External Application
9.6.2 Internal Medicine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Sport Clubs
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 External Application
10.6.2 Internal Medicine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Sport Clubs
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 External Application
11.6.2 Internal Medicine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Sport Clubs
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 External Application
12.6.2 Internal Medicine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Sport Clubs
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 External Application
13.6.2 Internal Medicine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Sport Clubs
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sports Medicine Products Market: Competitive Dashboard
14.2 Global Sports Medicine Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arthrex, Inc.
14.3.2 Smith & Nephew
14.3.3 Breg, Inc.
14.3.4 Conmed Corporation
14.3.5 DJO Global, Inc.
14.3.6 DePuy Mitek, Inc.
14.3.7 Donjoy, Inc.
14.3.8 Mueller Sports Medicine, Inc.
14.3.9 Ossur hf
14.3.10 OttoBock Healthcare GmbH
14.3.11 Arthrex, Inc.
14.3.12 Smith & Nephew PLC
14.3.13 Stryker Corporation
14.3.14 Tornier, Inc.
14.3.15 Wright Medical Technology, Inc.
14.3.16 Zimmer Biomet Holdings, Inc.
