Sports medicine, also known as sport and exercise medicine (SEM), is a field of medicine that focuses on physical health as well as the treatment and prevention of sports and exercise-related injuries.
Sports Medicine Market Overview
Maximize Market Research a global business consulting firm has published a report on the Sports Medicine market. The report covers of the Sports Medicine markets major key drivers and restraints. It helps detecting the drivers that are steering the market growth and discovering ways to use these drivers as strengths. Opportunities are created by external components like changes in the market and new consumer trends. This will guide to understand the elements that will influence your potential to take advantage of your opportunities.
Sports Medicine Market was valued at US$ 5.46 Bn. in 2021 and it is expected to reach US$ 8.50 Bn. by 2029 at a CAGR of 5.7% during the forecast period.
Sports Medicine Market Scope
The reports gives the readers in-depth analysis of the Sports Medicine market with help of tabular data and graphical representation. It focuses on the major and minor components of the market and also the key competitors in the industry and their growth strategies. The report deals with the market trends and provides the regional analysis of potential investment opportunities for existing and new market entrants. It covers in depth analysis of different segments of the Sports Medicine market. Methods like SWOT, PESTLE and PORTER’s five forces were undertaken to understand to the strength and weakness of the Sports Medicine market.
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Sports Medicine Market Segmentation
Sports injuries are occurring more frequently, and people are participating in more sports and fitness-related activities, which is raising the demand for sports medicine. A shift from proactive to preventive treatment for sports injuries is also anticipated to drive the demand for sports medicine over the forecasted timeframe. According to Stanford Children's Health, over 3.5 million sports injuries are reported each year among the nearly 30 million adolescents and kids who participate in sports in the United States. According to the Board of Certification for Athletic Trainers, there are 2 million acute ankle injuries in the United States every year, which has led to numerous lucrative possibilities for the industry's major participants.
Seventeen major market participants from various geographical areas are profiled in the study. However, when analyzing the market and estimating its size, the research took into account all market leaders, followers, and new entrants as well as investors. The manufacturing environment varies by region, and attention is focused on the regional effects on manufacturing costs, supply chains, raw material availability, labor costs, and the availability of cutting-edge technology. The report also analyzes trusted vendors and makes recommendations for a future manufacturing hot spot in North America. The report discusses the manufacturing strategies of major nations and how they affect the demand for sports medicine.
Sports Medicine Market Key Players
• Stryker Corporation
• Breg Inc.
• DJO Global, Inc.
• Mueller Sports, Inc.
• Wright Medical Group N.V.
• Medtronic
• RTI Surgical
• Performance Health International Limited
• KARL STORZ
• Bauerfeind AG
• Ossur
• MedShape
Regional Analysis
The report on the Sports Medicine market growth provides a detailed regional analysis. It helps in understanding the regions which are expected to grow in forecast period. To keep ahead of the competition the regional analysis gives a better perspective and understanding of the market and target audience in a specific country or a region.
Key Questions answered in the Sports Medicine Market Report are:
Key offerings:
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Mar 03, 2023