Sports Medicine Market Size, Analysis, Share & Forecast 2031

Segments - North America Sports Medicine Market by Products (Implants, Arthroscopy Devices, Prosthetics, Orthobiologics, Braces, Bandages and Tapes, and Others), Applications (Knee Injuries, Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, Elbow and Wrist Injuries and Others), and Geography (The US and Canada) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

The North America sports medicine market size was valued at USD 9.41 Billion in 2022 and is likely to reach USD 14.72 Billion by 2031, expanding at a CAGR of 5.1% during 2023 – 2031. The growth of the market is attributed to the rising participation in sports and physical activities.

Sports medication is a multidisciplinary field that has rehabilitation treatment and specialized medical care and identifies wide scope of injuries and conditions with sports and other extreme physical activities. Sports medicine centers work with athletes on their performance, recovering from injury, and prevent future injuries. It is a rapid growing medical care field, since wellbeing workers who represent considerable authority in sports medication helps in a wide range of individuals, and not just athletes. Sports medication experts treat amateur athletes, the individuals who require better outcomes from their activity program, individuals who have endured wounds and are attempting to recover full capacity, and those with incapacities who are attempting to expand versatility and ability.

North America Sports Medicine Market Outlook

The coronavirus pandemic negatively impacted the worldwide market due to delay and cancellation of the scope of non-emergency procedures. Nonetheless, the market is estimated to recuperate and develop at a consistent rate in the coming years.

North America Sports Medicine Market Trends, Drivers, Restraints, and Opportunities

Increasing incidence of sports injuries and continuous influx of new products and treatment modalities are major factors expected to boost the sports medicine market.
Expanding awareness regarding the prevention & treatment of sports injuries is one of the driving variable for the development of the market.
High cost of sports medicine procedures and lack of trained sports medicine professionals can restrain the growth of the market.
Developments in surgical techniques, for example, arthroscopy have brought a radical change to the sports medicine industry, which is expected to spur the development in the long term.

Scope of North America Sports Medicine Market Report

The report on the Sports Medicine market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Sports Medicine Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Products (Implants, Arthroscopy Devices, Prosthetics, Orthobiologics, Braces, Bandages and Tapes and Others) and Applications (Knee Injuries, Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, Elbow and Wrist Injuries and Others)
Regional Scope	The US and Canada
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Johnson & Johnson; Zimmer Biomet Holdings Inc; Stryker Corporation; ConMed Corporation; Smith & Nephew

North America Sports Medicine Market Segment Insights

Arthroscopy devices segment is expected to grow at a rapid pace

Based on products, the market is divided into implants, arthroscopy devices, prosthetics, orthobiologics, braces, bandages and tapes, and others. The arthroscopy devices segment is estimated to account for a significant share of the market owing to the presence of subjugating throughout the market. However, the arthroscopy devices segment is anticipated to expand at a rapid pace during the forecast period due to rising surgical equipment for the treatment of sports injuries.

North America Sports Medicine Market Product

Knee injuries segment is projected to expand at a considerable CAGR

In terms of applications, the Sports Medicine market is segregated into knee injuries, shoulder injuries, ankle and foot injuries, back and spine injuries, elbow and wrist injuries, and others. The knee injuries segment is anticipated to account for a key share of the market due to increasing recreation activities. This is significant due to the fact that knee injury is considered as quite possibly the most well-known injury experienced by sportsperson.

North America Sports Medicine Market Application

The US is anticipated to constitute a large market share

In terms of regions, the North America market is classified as The US and Canada. The US is expected to constitute a key share of the market during the projected period due to the rapid growth of the IT industry, high healthcare expenditure, followed by the active participation of the population in physical activities, which is one of the factors driving the growth of the market in the country.

Segments

The North America Sports Medicine market has been segmented on the basis of

Products

Implants
Arthroscopy Devices
Prosthetics
Orthobiologics
Braces
Bandages and Tapes
Others

Applications

Knee Injuries
Shoulder Injuries
Ankle and Foot Injuries
Back and Spine Injuries
Elbow and Wrist Injuries
Others

Regions

The US
Canada

Key Players

Johnson & Johnson
Zimmer Biomet Holdings Inc
Stryker Corporation
ConMed Corporation
Smith & Nephew

Competitive Landscape

Key players competing in the Sports Medicine market are Johnson & Johnson; Zimmer Biomet Holdings Inc; Stryker Corporation; ConMed Corporation; Smith & Nephew.

North America Sports Medicine Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports Medicine 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 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 Market - Supply Chain
  4.5. Global Sports Medicine Market Forecast
     4.5.1. Sports Medicine Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Sports Medicine Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Sports Medicine Market Absolute $ Opportunity
5. Global Sports Medicine Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Sports Medicine Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Sports Medicine Demand Share Forecast, 2019-2026
6. North America Sports Medicine Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Sports Medicine Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Sports Medicine Demand Share Forecast, 2019-2026
7. Latin America Sports Medicine Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Sports Medicine Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Sports Medicine Demand Share Forecast, 2019-2026
8. Europe Sports Medicine Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Sports Medicine Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Sports Medicine Demand Share Forecast, 2019-2026
9. Asia Pacific Sports Medicine 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
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Sports Medicine Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Sports Medicine Demand Share Forecast, 2019-2026
10. Middle East & Africa Sports Medicine 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Sports Medicine Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Sports Medicine Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Sports Medicine Market: Market Share Analysis
  11.2. Sports Medicine Distributors and Customers
  11.3. Sports Medicine Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Johnson & Johnson
     11.4.2. Zimmer Biomet Holdings Inc
     11.4.3. Stryker Corporation
     11.4.4. ConMed Corporation
     11.4.5. Smith & Nephew
     11.4.6.