The global winter sports injury treatment market size is estimated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the high participation of people in winter sports activities, increasing awareness about the injuries, and rising fitness maintenance of the people.
Winter sports are the type of sports that are played or organized during the months of winter of the year. These sports activities include ice skating, luge, skiing, snowboarding, bobsleigh, sledding, snowmobiling, and ice hockey. These activities are performed in cold regions during the cold weather.
However, the sports are prone to several injuries which is causing various concerns for people especially among the athletes. Some of the most common injuries during winter sports can be summarized such as medial collateral ligament tear, wrist fractures, anterior cruciate ligament tear, snowboarder's ankle, skier's thumb, and head & spine injuries.
In 2013, the US recorded around 3.8 million cases of winter sports injuries and the cases of the injuries are widely occurred among cold areas including Iceland and Canada. Millions of more people were reported to have suffered from various injuries and the most common cause of injury is reported to be due to sledging. The sledging caused about 700,000 cases annually and mostly children and women are at high risk as compared to men.
Market Trends, Drivers, Restraints, and Opportunities
- Growing interest in winter sports and rising organizing of various sports events globally are boosting the market growth in the near future.
- Increasing government initiatives to raise the awareness about the injuries related to the sports along with growing self-awareness regarding their health and fitness are propelling the market in the coming years.
- Expensive treatment of sports injuries and concerns related to reimbursement are key restraints that can hamper the market expansion.
- Limited awareness about different treatment products that are present in the market present major challenges projected to hinder the market development.
- High people participating in winter sports as well as well-developed healthcare facilities in case of sport injuries are offering huge opportunities for the market growth.
Scope of Winter Sports Injury Treatment Market Report
The report on the global winter sports injury treatment 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
|
Winter Sports Injury Treatment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2020
|
|
Historic Data
|
2018–2019
|
|
Forecast Period
|
2021–2028
|
|
Segmentation
|
Products (Anti-inflammatory Drugs, Electrical Heating Packs & Cold Compression Packs, Supportive Bands, Kinesiology Tapes, and Electrical Therapy Units), Applications (Knee Ligament Injuries, Snowboarder’s Ankle, Skier’s Thumb, Wrist Fractures, and Head & Spinal Injuries), and Distribution Channels (Hospitals, Sports Injury & Physiotherapy Clinics, Online Sports Medicine Stores, and Brick & Mortar Sports Medicine Shops)
|
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Arthrex, Inc.; Smith & Nephew PLC; DePuySynthes; Stryker Corp.; and Mueller Sports Medicine, Inc.
|
Winter Sports Injury Treatment Market Segment Insights
Anti-inflammatory drug segment is expected to grow rapidly
Based on products, the global winter sports injury treatment market is divided into anti-inflammatory drugs, electrical heating packs & cold compression packs, supportive bands, kinesiology tapes, and electrical therapy units. The anti-inflammatory drug segment is expected to grow rapidly during the projected period owing to various factors such as high use of the products for the treatment of injuries to reduce the pain and inflammation. It is the first-line treatment for the injuries so that the person can be free from painful experience.
Spinal injuries segment is projected to expand at a considerable CAGR
On the basis of applications, the market is divided into knee ligament injuries, snowboarder’s ankle, skier’s thumb, wrist fractures, and head & spinal injuries. The spinal injuries segment is projected to expand at a considerable CAGR during the forecast period due to high incidence of spinal injuries during various extreme sports such as skiing and others. Sports related to high slope are likely to cause spinal injuries to athletes.
The skier’s thumb segment is expected to propel during the projected period at a substantial rate. The skier’s thumb is a torn ligament of thumb. It occurs when the skier falls in this process he bends his hand or else he holds the ski which results in the skier’s thumb. The ligament of thumb joint gets tear and can also cause thumb bone fracture. The knee injuries, however, is projected to exhibit an impressive growth rate in the coming years due to high number of the injury type, which occurs due to stress on the knee while walking or skiing.
Sports injury & physiotherapy segment is anticipated to contribute a major share
Based on the distribution channels, the global winter sports injury treatment market is segmented into hospitals, online sports medicine stores, sports injury & physiotherapy clinics, brick & mortar sports medicine shops. The sports injury & physiotherapy clinics segment is anticipated to contribute a major share of the market during the projected period as the injured patients prefers going to physiotherapist which gives them long term relief from pain. Moreover, the patients who suffer from fractures are recommended to visit physiotherapist to make the movement of the fractured part better.
North America is anticipated to constitute a key market share
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key market share during the forecast period owing to the presence of cold areas in the region and high population engaged in sports activities. Moreover, government initiatives in the preparing regulations as well as growing per capita expenditure on healthcare programs are propelling the market growth in the region.
The market of Europe is projected to hold a major market share in the coming years as the region contains many number of snow-covered areas along with governments encouragement for the sports activities. The Asia Pacific market, however, is anticipated to register significant growth in the market as the Australia and New Zealand countries has many areas for winter sports activities. The increasing awareness in the region is also bolstering the market position in the region.
Segments
The global winter sports injury treatment market has been segmented on the basis of
Products
- Anti-inflammatory Drugs
- Electrical Heating Packs & Cold Compression Packs
- Supportive Bands
- Kinesiology Tapes
- Electrical Therapy Units
Applications
- Knee Ligament Injuries
- Snowboarder’s Ankle
- Skier’s Thumb
- Wrist Fractures
- Head & Spinal Injuries
Distribution Channels
- Hospitals
- Sports Injury & Physiotherapy Clinics
- Online Sports Medicine Stores
- Brick & Mortar Sports Medicine Shops
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
The key players competing in the global winter sports injury treatment market are Arthrex, Inc.; Smith & Nephew PLC; DePuySynthes; Stryker Corp.; and Mueller Sports Medicine, Inc. Some of these players have adopted several market development strategies such as launching new products, collaborations, mergers, and capacity expansion of production units to enhance their market positions.
Request For Customization
Enquiry Before Buying
Speak With Analyst
