Sports medicine market size to grow by USD 2,647.14 million from 2022 to 2027|48% of the growth will originate from North America – Technavio

NEW YORK, Aug. 3, 2023 /PRNewswire/ — The sports medicine market size is expected to grow by USD 2,647.14 million during 2022-2027, progressing at a CAGR of 6.47% as per the latest Technavio market research report. North America is estimated to account for 48% of the market’s overall growth. The advancements in technology contribute to the growth of the market in the region. These advancements have led to the development of innovative sports medicine products and services. For example, orthopedic implants and devices, such as joint replacements, are now widely used in sports medicine. Hence, owing to such factors, the market in the region is expected to grow during the forecast period. For more insights on the market share of various regions- Download a sample report in MINUTES

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Sports Medicine Market: Increasing incidence of sports injuries to drive growth

The increasing incidence of sports injuries drives the sports medicine market. As the sports industry has been growing rapidly, sports injuries have been on the rise too. Specifically, in the global sports medicine market, incidences of sports injuries have been a major concern for athletes and medical professionals. Factors such as the pressure of competing at a higher level, extreme training schedules, and the urge to win at all costs attribute to the growth in the number of injuries. Hence, factors such as the rise in the number of sports injuries are anticipated to drive the demand for the sports medicine market during the forecast period.

Sports Medicine Market: Rise In Demand For Minimally Invasive Surgeries 

The rise in demand for minimally invasive surgeries is an emerging sports medicine market trend. The rise in demand for minimally invasive surgeries is the advancement in technology as the use of robotics and computer-assisted technologies in minimally invasive surgeries has also improved. For instance, the use of robotics in knee surgeries has significantly reduced the risk of complications and improved patient outcomes but the rising incidence of sports-related injuries is also driving the demand for minimally invasive surgeries. Hence, such trends are expected to drive the growth of the global sports medicine market during the forecast period.

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Some of the key Sports Medicine Market Players:

The sports medicine market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Some of the key companies are mentioned below:

Alimed Inc., Arthrex Inc., Bauerfeind AG, Breg Inc., Conmed Corp., Core Products International Inc., DJO Global Inc., Johnson and Johnson Services Inc., KARL STORZ SE and Co. KG, Kinex Medical Co. LLC, medi GmbH and Co. KG, Medtronic Plc, Mueller Sports Medicine Inc., Ossur hf, Ottobock SE and Co. KGaA, Performance Health Holding Inc., Smith and Nephew plc, Stryker Corp., ThermoTek Inc., and Zimmer Biomet Holdings Inc.

Sports Medicine Market: Segmentation Analysis

This sports medicine market report extensively covers market segmentation by application (knee treatment, hip treatment, shoulder treatment, spine treatment, and others), product (reconstructive products, support and recovery products, and accessories), and geography (North America, Europe, Asia, and Rest of World (ROW)). 

• The knee treatment segment will be significant during the forecast period. ACL tear is one of the most common knee injuries which can often result in long-term consequences and the major treatments include surgery and rehabilitation as important aspects in the sports medicine sector. Furthermore, knee osteoarthritis is a common ailment among athletes and it occurs when the cartilage in the knee joint breaks down, which leads to pain and inflammation. This progressively restricts the capacity of the athlete to perform. Hence, such factors boost the segment growth during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global sports medicine market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on global sports medicine market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Product Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Product Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Knee treatment – Market size and forecast 2022-2027
• Exhibit 34: Chart on Knee treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Knee treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Knee treatment – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Knee treatment – Year-over-year growth 2022-2027 (%)

• 6.4 Hip treatment – Market size and forecast 2022-2027
• Exhibit 38: Chart on Hip treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Hip treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Hip treatment – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Hip treatment – Year-over-year growth 2022-2027 (%)

• 6.5 Shoulder treatment – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Shoulder treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Shoulder treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Shoulder treatment – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Shoulder treatment – Year-over-year growth 2022-2027 (%)

• 6.6 Spine treatment – Market size and forecast 2022-2027
• Exhibit 46: Chart on Spine treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Spine treatment – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Spine treatment – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Spine treatment – Year-over-year growth 2022-2027 (%)

• 6.7 Others – Market size and forecast 2022-2027
• Exhibit 50: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)
• Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 56: Chart on Product – Market share 2022-2027 (%)
• Exhibit 57: Data Table on Product – Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 58: Chart on Comparison by Product
• Exhibit 59: Data Table on Comparison by Product

• 7.3 Reconstructive products – Market size and forecast 2022-2027 
• Exhibit 60: Chart on Reconstructive products – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Reconstructive products – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Reconstructive products – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Reconstructive products – Year-over-year growth 2022-2027 (%)

• 7.4 Support and recovery products – Market size and forecast 2022-2027 
• Exhibit 64: Chart on Support and recovery products – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Support and recovery products – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Support and recovery products – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Support and recovery products – Year-over-year growth 2022-2027 (%)

• 7.5 Accessories – Market size and forecast 2022-2027
• Exhibit 68: Chart on Accessories – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Accessories – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Accessories – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Accessories – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 72: Market opportunity by Product ($ million)
• Exhibit 73: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 79: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 83: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 Asia – Market size and forecast 2022-2027
• Exhibit 87: Chart on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Asia – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Asia – Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) – Market size and forecast 2022-2027 
• Exhibit 91: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)

• 9.7 US – Market size and forecast 2022-2027
• Exhibit 95: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.8 Germany – Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.9 Canada – Market size and forecast 2022-2027
• Exhibit 103: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027
• Exhibit 107: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 France – Market size and forecast 2022-2027
• Exhibit 111: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Alimed Inc. 
• Exhibit 123: Alimed Inc. – Overview
• Exhibit 124: Alimed Inc. – Product / Service
• Exhibit 125: Alimed Inc. – Key offerings

• 12.4 Arthrex Inc. 
• Exhibit 126: Arthrex Inc. – Overview
• Exhibit 127: Arthrex Inc. – Product / Service
• Exhibit 128: Arthrex Inc. – Key offerings

• 12.5 Breg Inc. 
• Exhibit 129: Breg Inc. – Overview
• Exhibit 130: Breg Inc. – Product / Service
• Exhibit 131: Breg Inc. – Key offerings

• 12.6 Conmed Corp. 
• Exhibit 132: Conmed Corp. – Overview
• Exhibit 133: Conmed Corp. – Business segments
• Exhibit 134: Conmed Corp. – Key offerings
• Exhibit 135: Conmed Corp. – Segment focus

• 12.7 Core Products International Inc. 
• Exhibit 136: Core Products International Inc. – Overview
• Exhibit 137: Core Products International Inc. – Product / Service
• Exhibit 138: Core Products International Inc. – Key offerings

• 12.8 DJO Global Inc. 
• Exhibit 139: DJO Global Inc. – Overview
• Exhibit 140: DJO Global Inc. – Product / Service
• Exhibit 141: DJO Global Inc. – Key offerings

• 12.9 Johnson and Johnson Services Inc. 
• Exhibit 142: Johnson and Johnson Services Inc. – Overview
• Exhibit 143: Johnson and Johnson Services Inc. – Business segments
• Exhibit 144: Johnson and Johnson Services Inc. – Key news
• Exhibit 145: Johnson and Johnson Services Inc. – Key offerings
• Exhibit 146: Johnson and Johnson Services Inc. – Segment focus

• 12.10 medi GmbH and Co. KG 
• Exhibit 147: medi GmbH and Co. KG – Overview
• Exhibit 148: medi GmbH and Co. KG – Product / Service
• Exhibit 149: medi GmbH and Co. KG – Key offerings

• 12.11 Medtronic Plc 
• Exhibit 150: Medtronic Plc – Overview
• Exhibit 151: Medtronic Plc – Business segments
• Exhibit 152: Medtronic Plc – Key news
• Exhibit 153: Medtronic Plc – Key offerings
• Exhibit 154: Medtronic Plc – Segment focus

• 12.12 Mueller Sports Medicine Inc. 
• Exhibit 155: Mueller Sports Medicine Inc. – Overview
• Exhibit 156: Mueller Sports Medicine Inc. – Product / Service
• Exhibit 157: Mueller Sports Medicine Inc. – Key offerings

• 12.13 Ossur hf 
• Exhibit 158: Ossur hf – Overview
• Exhibit 159: Ossur hf – Business segments
• Exhibit 160: Ossur hf – Key news
• Exhibit 161: Ossur hf – Key offerings
• Exhibit 162: Ossur hf – Segment focus

• 12.14 Smith and Nephew plc 
• Exhibit 163: Smith and Nephew plc – Overview
• Exhibit 164: Smith and Nephew plc – Business segments
• Exhibit 165: Smith and Nephew plc – Key news
• Exhibit 166: Smith and Nephew plc – Key offerings
• Exhibit 167: Smith and Nephew plc – Segment focus

• 12.15 Stryker Corp. 
• Exhibit 168: Stryker Corp. – Overview
• Exhibit 169: Stryker Corp. – Business segments
• Exhibit 170: Stryker Corp. – Key news
• Exhibit 171: Stryker Corp. – Key offerings
• Exhibit 172: Stryker Corp. – Segment focus

• 12.16 ThermoTek Inc. 
• Exhibit 173: ThermoTek Inc. – Overview
• Exhibit 174: ThermoTek Inc. – Product / Service
• Exhibit 175: ThermoTek Inc. – Key offerings

• 12.17 Zimmer Biomet Holdings Inc. 
• Exhibit 176: Zimmer Biomet Holdings Inc. – Overview
• Exhibit 177: Zimmer Biomet Holdings Inc. – Business segments
• Exhibit 178: Zimmer Biomet Holdings Inc. – Key news
• Exhibit 179: Zimmer Biomet Holdings Inc. – Key offerings
• Exhibit 180: Zimmer Biomet Holdings Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

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