Market Overview:
The global sports medicine devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of sports injuries, rising awareness about sports medicine devices, and technological advancements in the field of medical devices. The orthopedic products segment is expected to account for the largest share of the global sports medicine devices market in 2018. This segment includes products such as braces, supports, and casts that are used for treating various orthopedic conditions. The support & recovery products segment is projected to grow at the highest CAGR during the forecast period owing to its growing demand among athletes and recreational users for post-injury rehabilitation and prevention purposes. Based on application, hand-wrist injuries are estimated to account for the largest share ofthe global sports medicine devices market in 2018 followed by shoulder injuries.
Product Definition:
A sports medicine device is a tool used to help an injured athlete recover from a sports-related injury. These devices can include braces, supports, and wraps that help stabilize and protect the injured area. They may also include ice packs or heating pads to reduce swelling or promote healing. Sports medicine devices are important because they can help athletes speed up their recovery time and return to competition sooner.
Orthopedic Products:
Orthopedic products are intended to help restore the body's musculoskeletal system after an injury or trauma. The market is expected to grow at a lucrative rate due to factors such as increasing geriatric population, rising prevalence of bone degenerative diseases and injuries, technological advancements in surgical procedures and implants coupled with growing awareness among patients. However, high cost of orthopedic devices may act as a restraint for this market.
Support & Recovery Products:
Support and recovery products are used by sports medicine devices to enhance their performance. These products have the ability to repair, restore, and strengthen muscles after a workout or competition. The main function of these products is to reduce inflammation caused due to exercise-induced muscle damage. Support & recovery products also assist in increasing blood flow post-exercise which helps in the healing process of damaged cells and tissues.
Application Insights:
The knee application segment led the global sports medicine devices market in 2017. The high prevalence of knee injuries among athletes and sportspersons, especially during sporting events or training, is expected to be a major factor for its dominance over the forecast period. Furthermore, rising awareness about these devices and growing availability of advanced products are also expected to contribute towards its growth over the next eight years.
The hand-wrist application segment is anticipated to witness significant growth in the near future owing to increasing incidence of tennis elbow and golfer's wrist among athletes as well as sportspersons across the globe.
Regional Analysis:
North America dominated the global sports medicine devices market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing number of professional sports leagues, such as National Basketball Association (NBA), National Football League (NFL), Major League Baseball (MLB) and National Hockey League (NHL). In addition, rising popularity of American football and ice hockey is also contributing toward growth in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rise in disposable income coupled with growing health awareness among people from developing countries, such as China and India. Furthermore, increase in participation rate for various sports events including Olympics 2020 Tokyo Summer Games will boost product demand further driving regional market growth. For instance; China has entered field hockey team into Olympic games for first time since 1980 at Rio 2016 Olympics which will create a positive impact on overall revenue generation within Asia Pacific region during the same year (ref).
Growth Factors:
- Increasing awareness about the benefits of sports medicine devices among people.
- Rising incidence of sports injuries that can be treated with these devices.
- Growing demand for minimally invasive surgical procedures for treating sports injuries.
- Technological advancements in the field of sports medicine devices that offer better treatment outcomes to patients.
- increasing number of geriatric population who are more prone to suffer from sports injuries
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Medicine Devices Market Research Report
By Type
Orthopedic Products, Support & Recovery Products, Body Repair & Reconstruction, Body Evaluation and Monitoring
By Application
Hand-Wrist, Shoulders, Ankle-Foot, Knee, Back-Spine
By Companies
Arthrex, Biomet, Smith & Nephew, Stryker, BSN medical, Cramer Sports Medicine, DJO Global, Mitek Sports Medicine, Wright Medical Technology, Zimmer
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Sports Medicine Devices Market Report Segments:
The global Sports Medicine Devices market is segmented on the basis of:
Types
Orthopedic Products, Support & Recovery Products, Body Repair & Reconstruction, Body Evaluation and Monitoring
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
Hand-Wrist, Shoulders, Ankle-Foot, Knee, Back-Spine
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
- Biomet
- Smith & Nephew
- Stryker
- BSN medical
- Cramer Sports Medicine
- DJO Global
- Mitek Sports Medicine
- Wright Medical Technology
- Zimmer
Highlights of The Sports Medicine Devices 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:
- Orthopedic Products
- Support & Recovery Products
- Body Repair & Reconstruction
- Body Evaluation and Monitoring
- By Application:
- Hand-Wrist
- Shoulders
- Ankle-Foot
- Knee
- Back-Spine
- 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 Devices 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 Devices are medical devices used in the treatment and prevention of sports injuries. They include everything from ice packs to braces to surgery.
Some of the key players operating in the sports medicine devices market are Arthrex, Biomet, Smith & Nephew, Stryker, BSN medical, Cramer Sports Medicine, DJO Global, Mitek Sports Medicine, Wright Medical Technology, Zimmer.
The sports medicine devices market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports Medicine Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sports Medicine Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sports Medicine Devices Market - Supply Chain
4.5. Global Sports Medicine Devices Market Forecast
4.5.1. Sports Medicine Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sports Medicine Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sports Medicine Devices Market Absolute $ Opportunity
5. Global Sports Medicine Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sports Medicine Devices Market Size and Volume Forecast by Type
5.3.1. Orthopedic Products
5.3.2. Support & Recovery Products
5.3.3. Body Repair & Reconstruction
5.3.4. Body Evaluation and Monitoring
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sports Medicine Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sports Medicine Devices Market Size and Volume Forecast by Application
6.3.1. Hand-Wrist
6.3.2. Shoulders
6.3.3. Ankle-Foot
6.3.4. Knee
6.3.5. Back-Spine
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sports Medicine Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sports Medicine Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sports Medicine Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sports Medicine Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sports Medicine Devices Demand Share Forecast, 2019-2026
9. North America Sports Medicine Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sports Medicine Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sports Medicine Devices Market Size and Volume Forecast by Application
9.4.1. Hand-Wrist
9.4.2. Shoulders
9.4.3. Ankle-Foot
9.4.4. Knee
9.4.5. Back-Spine
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sports Medicine Devices Market Size and Volume Forecast by Type
9.7.1. Orthopedic Products
9.7.2. Support & Recovery Products
9.7.3. Body Repair & Reconstruction
9.7.4. Body Evaluation and Monitoring
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sports Medicine Devices Demand Share Forecast, 2019-2026
10. Latin America Sports Medicine Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sports Medicine Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sports Medicine Devices Market Size and Volume Forecast by Application
10.4.1. Hand-Wrist
10.4.2. Shoulders
10.4.3. Ankle-Foot
10.4.4. Knee
10.4.5. Back-Spine
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sports Medicine Devices Market Size and Volume Forecast by Type
10.7.1. Orthopedic Products
10.7.2. Support & Recovery Products
10.7.3. Body Repair & Reconstruction
10.7.4. Body Evaluation and Monitoring
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sports Medicine Devices Demand Share Forecast, 2019-2026
11. Europe Sports Medicine Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sports Medicine Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sports Medicine Devices Market Size and Volume Forecast by Application
11.4.1. Hand-Wrist
11.4.2. Shoulders
11.4.3. Ankle-Foot
11.4.4. Knee
11.4.5. Back-Spine
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sports Medicine Devices Market Size and Volume Forecast by Type
11.7.1. Orthopedic Products
11.7.2. Support & Recovery Products
11.7.3. Body Repair & Recnstruction
11.7.4. Body Evaluation and Monitoring
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sports Medicine Devices Demand Share, 2019-2026
12. Asia Pacific Sports Medicine Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sports Medicine Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sports Medicine Devices Market Size and Volume Forecast by Application
12.4.1. Hand-Wrist
12.4.2. Shoulders
12.4.3. Ankle-Foot
12.4.4. Knee
12.4.5. Back-Spine
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sports Medicine Devices Market Size and Volume Forecast by Type
12.7.1. Orthopedic Products
12.7.2. Support & Recovery Products
12.7.3. Body Repair & Reconstruction
12.7.4. Body Evaluation and Monitoring
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sports Medicine Devices Demand Share, 2019-2026
13. Middle East & Africa Sports Medicine Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sports Medicine Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sports Medicine Devices Market Size and Volume Forecast by Application
13.4.1. Hand-Wrist
13.4.2. Shoulders
13.4.3. Ankle-Foot
13.4.4. Knee
13.4.5. Back-Spine
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sports Medicine Devices Market Size and Volume Forecast by Type
13.7.1. Orthopedic Products
13.7.2. Support & Recovery Products
13.7.3. Body Repair & Reconstruction
13.7.4. Body Evaluation and Monitoring
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sports Medicine Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sports Medicine Devices Market: Market Share Analysis
14.2. Sports Medicine Devices Distributors and Customers
14.3. Sports Medicine Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arthrex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Biomet
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Smith & Nephew
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stryker
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BSN medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cramer Sports Medicine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DJO Global
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitek Sports Medicine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wright Medical Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zimmer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
