Sports Medicine Market worth $7.2 billion by 2025

The recently published report "Sports Medicine Market By Product, Application, End User - Analysis & Global Forecast to 2025" projects that the global sports medicine market will experience robust growth in the coming years. According to the in-depth market analysis, the sports medicine sector is poised to expand from $5.5 billion in 2020 to $7.2 billion by 2025, reflecting a healthy compound annual growth rate of 5.7%.

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Several interrelated factors are fueling this expansion, including the steady introduction of innovative products and treatments, rising incidence of sports injuries, advances in regenerative medicine, and surging patient demand for minimally invasive procedures. Together, these dynamics are creating new opportunities across the sports medicine value chain.

The wide-ranging 266-page report provides a comprehensive overview of the market based on exhaustive research. It includes 245 data tables and 38 figures that delve deep into market stats, trends, and forecasts across multiple dimensions. The detailed table of contents allows readers to easily look up specifics on target market segments, from products to applications, end-users, and geographic regions.

When it comes to products, the report indicates that body reconstruction items currently account for the largest market share. This segment consists of fracture and ligament repair devices, arthroscopy tools, implants, prosthetics, and orthobiologics. Ongoing innovation in arthroscopic technologies coupled with rising sports injuries is fueling strong demand growth for body reconstruction.

However, body support and recovery products are projected as the fastest-growing segment going forward. This category contains items like braces, support devices, physiotherapy equipment, and compression garments. The anticipated high growth aligns with trends like health-conscious consumers proactively protecting and caring for their bodies amid expanding athletic participation.

In terms of applications, treating knee injuries represents the largest market slice at present. But treating hip and groin injuries is forecast as the top growth area looking ahead, thanks to surging participation in school sports programs.

When it comes to end-users, hospitals account for the dominant share currently based on their housing of complex diagnostic and therapeutic procedures.

Geographically, North America claims the largest sports medicine market now, but the Asia Pacific region is projected as the growth leader through 2025. Increasing interest and involvement in sports across Asia is fueling this growth trajectory. Major sporting events like the Beijing Olympics, Korean Winter Olympics, and upcoming Tokyo Olympics have expanded public enthusiasm for sports participation throughout Asia.

Finally, the analysis highlights the major companies driving sports medicine industry growth, including Arthrex, Smith & Nephew, Stryker Corporation, Breg, DJO Global, Mueller Sports, Wright Medical, Medtronic, RTI Surgical, Performance Health, KARL STORZ, Bauerfeind, Ossur, MedShape, Cramer Products, Biotek, and RôG Sports Medicine. With preventive care, exercise, and active lifestyles remaining popular worldwide, the vibrant sports medicine sector is poised for continued expansion as populations increasingly engage in athletic activities.

Nicole Green is a passionate healthcare market researcher focused on improving access and affordability. She currently serves as a senior analyst at marketsandmarkets.