Sports Medicine Market: By Product Type (Body Reconstruction & Repair, Body Support & Recovery Products, Body Monitoring and Evaluation Devices and Accessories), By Application (Knee Injuries, Ankle & Foot Injuries, Shoulder Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, & Other Injuries) By End User (Hospitals, physiotherapy centres & clinics), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
Sports Medicine is the branch of medicine that is involved in treatment and prevention of injuries related to exercise, sports and physical fitness. The focus areas are prevention and injury care, performance enhancement of sportsmen. It includes preventative measures such as injury prevention and even assist in rehabilitation and osteopathy. Healthcare professionals are involved in medicine practice of sports, preventive measures such as injury injections, prevention, conditioning, rehabilitation, and other treatments such as osteopathic manipulation. Moreover, it also involves fields such as body monitoring, evaluation, reconstruction, support, recovery and as well as extending its application in areas such as ankle, hip, foot, knee, back, spine and shoulder injuries. Sports medicine is a department of medicine that specialised in physical fitness, treatment and prevention of injuries related to exercise and sports.
The sports medicine market size was valued at 6.18 billion USD in 2021 and is expected to reach 12.1 Billion USD by 2032, registering a CAGR of 6.4% from 2021 to 2032. Sports medicine is an expanded field of medical practices includes physical and sports activity. The increase of the market is due to the growth of sports related injuries and the rise in participation of people in fitness and sports related activities. A change to preventive care from proactive treatment for sports injuries is further expected to grow the market for sports medicine over the forecast period.
Sports Medicine market is classified based on the Product Type into Body Reconstruction & Repair, Body Support & Recovery Products, Body Monitoring and Evaluation Devices and Accessories. The body reconstruction and repair segment has the highest share in the sports medicine market and held the largest revenue share. The body reconstruction and repair segment include various devices like equipment related to surgery and soft tissue repair, bone reconstruction devices. The large market share was attributed to the growth in minimal invasive surgeries by adopting arthroscopy devices, increased rise in usage of ligament and fracture repair devices.
Sports Medicine market is classified based on the Application into Knee Injuries, Ankle & Foot Injuries, Shoulder Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, & Other Injuries The Knee Injuries segment is estimated to have the highest growth over the forecast period. PRICE (Protection, Rest, Ice, Compression, Elevation) therapy usage in increased manner works as the immediate treatment for sports injury leading to the growth of this segment.