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The growing number of sports injuries and people participating in sports and fitness-related activities are driving the demand for sports medicine. Furthermore, the transition from proactive to preventative treatment for sports injuries is expected to fuel demand for sports medicine over the forecast period. According to Stanford Children's Health, about 30 million teenagers and children participate in sports in the United States each year, with over 3.5 million sports injuries recorded. In the United States, 2 million acute ankle injuries occur each year.
Sports Medicine Market Overview:
The Sports Medicine Market Research Report has delved into an extensive examination of the current status encompassing definitions, classifications, applications, and the intricate structure of the industrial chain within the targeted sector. With unbiased and expert commentary, this report provides insights into the prevailing market condition, historical market performance, production and consumption rates, demand-supply dynamics, and revenue projections for the anticipated period. Notably, the analysis extends to encompass strategic goals and growth strategies adopted by major entities operating in this sector. This investigation encompasses diverse approaches such as mergers and acquisitions, corporate transactions, partnerships, collaborations, joint ventures, brand promotion, and product introductions. In summary, this research paints a comprehensive picture of the and regional landscape of the sector.
Key Insights:
Sports Medicine Market Size was valued at US$ 5.77 Bn. in 2022 and it is expected to reach US$ 8.51 Bn. by 2029 at a CAGR of 5.7% during the forecast period.
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COVID-19 Impact on Sports Medicine market:
The Sports Medicine industry has borne the brunt of the COVID-19 pandemic, with profound implications. disruptions and workforce limitations led to suspension of production facilities. This crisis caused a significant and prolonged reduction in production utilization, compounded by travel restrictions and facility closures which kept personnel away from their workspaces, consequently slowing down the Sports Medicine market in 2020. However, the adverse effects of COVID-19 on this market are anticipated to be transitory, with a swift rebound expected by early 2021, driven by escalated demand for Sports Medicine .
Sports Medicine Market Drivers:
The research profiles seventeen leading industry participants from various regions. However, the analysis took into account all market leaders, followers, and new entrants with investors when analysing the market and estimating its size. The manufacturing environment in each region differs, and emphasis is placed on the regional impact on manufacturing costs, supply chain, raw material availability, labour cost, availability of advanced technology, and trusted vendors. The analysis and report has produced recommendations for a future hot spot in North America. The paper discusses major countries' manufacturing policies and their impact on Sports Medicine demand.
Sports Medicine Market Segmentation:
by Product
Body Reconstruction Products
Body Support and Recovery Products
Accessories
by End User
Hospitals
Ambulatory Surgery Centres
Physiotherapy Centres and Clinics
by Application
Knee Injuries
Shoulder Injuries
Foot and Ankle Injuries
Elbow and Wrist Injuries
Back and Spine Injuries
Hip and Groin Injuries
Other Injuries
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Key Players:
This research report offers comprehensive quantitative insights, providing a lucid view of market prospects across various categories, along with country-specific analyses for each covered region. The analysis scrutinizes the pivotal factors influencing the market, complemented by exhaustive profiles of...
1. Arthrex, Inc.
2. Smith & Nephew plc.
3. Stryker Corporation
4. Breg Inc.
5. DJO Global, Inc.
6. Mueller Sports, Inc.
7. Wright Medical Group N.V.
8. Medtronic
9. RTI Surgical
10. Performance Health International Limited
11. KARL STORZ
12. Bauerfeind AG
13. Ossur
14. MedShape
15. Cramer Products
16. Biotek
17. RôG Sports Medicine.
Regional Analysis:
The region portion of the research also provides key market influencing aspects and changes in market regulation that influence the market's current and future trends. New sales, replacement sales, national demographics, regulatory acts, and import-export taxes are some of the major variables used to assess the market scenario for various locations. Furthermore, when providing forecast analysis of national data, the existence and availability of brands, as well as the hurdles they encounter due to strong or weak competition from local and domestic brands, as well as the influence of sales channels, are taken into account.
Table Of Content:
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Sports Medicine Market Size, by Market Value (US$ Bn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2022
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Sports Medicine Market
3.4. Geographical Snapshot of the Sports Medicine Market, By Manufacturer share
Key Questions Answered in the Sports Medicine Market Report are:
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