Global Sports Medicine Market Product

Global Sports Medicine Market by Product, Application, End User, and Region – Global Forecast 2017 to 2027

Report ID: GMRI0016 | Published Date: Jun 2021 | Report Format: PDF

Price : $3500

The Global Sports Medicine Market was valued at USD 6.7 billion in 2020 and is projected to reach USD 10.1 billion by 2027, growing at a CAGR of 6.1% during the forecast period (2020–2027). While sports serve as an essential and active form of physical exercise, they often result in various types of injuries. Timely and accurate assessment of these injuries is crucial. Sports medicine, a specialized branch within the healthcare system, integrates elements of sports, medical science, health, and fitness to support injury prevention, treatment, and recovery.

Market Trends and Growth Drivers

Over the past few years, the sports medicine industry has experienced robust growth, primarily driven by increased global participation in sports and fitness activities. However, the COVID-19 pandemic significantly disrupted this momentum, as major sports events were postponed or canceled, and healthcare systems prioritized emergency responses over elective procedures.

Looking forward, with the gradual recovery and normalization of activities post-pandemic, the demand for sports and related medical services is expected to surge. Enhanced public awareness around fitness, the growing popularity of preventive and rehabilitative care, and proactive government initiatives promoting sports medicine are likely to fuel market expansion.

Technological advancements in minimally invasive procedures, regenerative treatments, and faster recovery solutions are also expected to positively impact market growth. The rising number of dedicated sports medicine facilities and ongoing R&D efforts are contributing to the overall market development.

Market Segmentation

By Product

Body Reconstruction (includes implants, prosthetics, fracture treatment, and orthobiologics)
Body Support & Recovery (braces, compression garments, etc.)
Accessories

The Body Support & Recovery segment is projected to witness the fastest growth due to increasing demand for wearable support solutions and preventive care equipment.

By Application

Knee Injuries
Shoulder Injuries
Foot & Ankle Injuries
Elbow & Wrist Injuries
Back & Spine Injuries
Hip & Groin Injuries
Other Injuries

Knee injuries dominated the market in 2020 and are expected to continue leading due to their high prevalence, especially in sports such as football, basketball, and athletics. According to the CDC, over 40% of sports-related injuries involve the knee.

By End User

Hospitals
Physiotherapy Centers & Clinics
Ambulatory Surgery Centers

Hospitals held the largest market share in 2020, owing to the availability of comprehensive treatment facilities, including diagnostics and complex surgeries. However, physiotherapy centers and ambulatory surgery centers are also showing promising growth due to cost-effectiveness and accessibility.

By Region

North America
Europe
Asia-Pacific
South America
Middle East & Africa

North America currently leads the global market, driven by a strong sports culture, advanced healthcare infrastructure, high consumer awareness, and substantial investment in sports technology. Meanwhile, the Asia-Pacific region is expected to exhibit the fastest growth due to increasing sports participation, expanding healthcare access, and less stringent regulatory barriers for new product approvals.

Competitive Landscape

Key players operating in the sports medicine market include:

Smith & Nephew Plc
Medtronic
Stryker Corporation
KFx Medical LLC
Johnson & Johnson (DePuy Mitek)
Osiris Therapeutics
Arthrex, Inc.
Conmed Corporation
GE Healthcare
Zimmer Biomet Holdings, Inc.
Ceterix Orthopaedics
Breg, Inc.
Mueller Sports Medicine, Inc.
DJO Global, Inc.
Wright Medical Group N.V.
NuVasive, Inc.

These companies are focusing on product innovation, mergers and acquisitions, and regional expansion to gain competitive advantages.

Market Dynamics

Key Drivers

Surge in sports and fitness participation leading to a higher incidence of injuries
Growing emphasis on injury management and rehabilitation
Government programs encouraging youth and athletic development

Restraints

High costs associated with surgical procedures, implants, and biologics
Limited access in underdeveloped regions

Opportunities

Untapped potential in emerging markets such as India and China
Increasing investment in healthcare infrastructure and sports facilities

Challenges

Shortage of skilled professionals trained in advanced sports medicine procedures
High regulatory requirements and clinical validation for new devices

Impact of COVID-19

The COVID-19 pandemic severely disrupted the sports medicine market. Numerous international and national sporting events, such as the 2020 Tokyo Olympics, were postponed, affecting athlete training and injury treatment services. In addition, many elective procedures, including orthopedic surgeries, were delayed or canceled due to the strain on healthcare systems.

Research indicates that orthopedic surgeries were among the most commonly postponed treatments during the pandemic. However, as global healthcare systems recover and resume normal operations, the sports medicine market is expected to rebound strongly, creating renewed opportunities for growth and innovation.

Key Trends

Integration of AI and wearable tech for injury prevention and performance monitoring
Growth in tele-rehabilitation and virtual physiotherapy services
Rising demand for minimally invasive and biologic treatments
Expansion of sports medicine education and training programs

Recent Developments and Strategic Investments in the Sports Medicine Market

The report presents a comprehensive analysis of the latest developments, strategic investments, and innovations shaping the sports medicine industry.

In November 2020, Medtronic completed the acquisition of Medicrea, a company known for its expertise in spine surgery technologies, including predictive modeling, artificial intelligence, and customized spinal implants. This acquisition enhances Medtronic’s capabilities in personalized treatment planning and surgical precision.
Also in November 2020, Stryker Corporation acquired Wright Medical Group N.V. in a deal valued at approximately USD 4.0 billion. This strategic acquisition strengthens Stryker’s position in the extremities and biologics segment, enabling it to broaden its product offerings and market reach.

Unique Insights Offered in the Sports Medicine Market Report

The report delivers valuable and in-depth insights, including:

Comprehensive value chain analysis
Detailed opportunity mapping for stakeholders and investors
A sector snapshot providing a quick overview of key market dynamics
Key Players Positioning Matrix to assess competitive standing
Overview of the regulatory landscape affecting market growth
Benchmarking Heat Map showcasing strategies adopted by leading companies
Analysis of emerging market trends and innovations
COVID-19 impact analysis, including:
- Product comparisons
- Pre- and post-pandemic market shifts
A detailed review of the competitive landscape, highlighting major players, recent mergers & acquisitions, and future outlook

AI and Machine Learning Integration, American Marketing Association (AMA), Associate Consultant, Associate Partner (Consulting), Brand Awareness/Perception Studies, Branding Research, Case Studies, Competitor Analysis, Competitor Research, Comprehensive Approach, Consultant, Consulting/Consultancy, Consistency and Brand Alignment, Cost-Effectiveness, Council of American Survey Research (CASRO), Customer Journey Maps (CJM), Customer Research, Customer Understanding, Data Analysis, Data Collection, Digital Transformation Consulting, Director of Market Research, Economic Consulting, Efficiency, Enhanced Decision-Making, ESG (Environmental, Social, Governance) Consulting, ESOMAR, Exploratory Research, Financial Advisory, Flexible Models and Specialization (Consulting), Human Element (Consulting), Human Resources (HR) Consulting, Implementation Consulting, In-house Market Research Capabilities, Insights Analyst, Insights Generation, Integrated Services, Intern (Consulting), IT/Technology Consulting, Manager (Consulting), Market Research, Market Research Analysts, Market Research Reports, Market Segmentation Reports, Marketing Data Analyst, Marketing Research Association (MRA), Observational Research, Optimized Resource Allocation, Partner (Consulting), Personalized Solutions (Consulting), Primary Research, Problem Solving, Product Research, Product Research Analyst, Qualitative Research, Qualitative Research Assistant, Qualitative Research Consultants Association (QRCA), Quantitative Research, Real-Time Data Analytics, Remote Work (Consulting), Risk Consulting, Risk Reduction, Secondary Research, Senior Associate Consultant, Senior Manager (Consulting), Social Media Listening, Specific Research, Strategic Plans, Strategy Consulting, Sustainability Consulting, SWOT Analysis, Target Market/Audience.

INTRODUCTION
1. Product Outline
2. What is Sports Medicine
3. Different types of Sports Medicines
4. Analysis of Sports Medicines market
5. Supply Chain Analysis
6. Covid -19 Impact
7. Market Dynamics
  1. Drivers
  2. Restraints
  3. Opportunities
  4. Threats

1.8 Technology Overview

Regulatory Landscape for Sports Medicines
1. Regulations and Standards
Sports Medicines Pricing Analysis
1. Prices of Sports Medicines
Sports Medicines by Product Type
1. Body Reconstruction
2. Body Support & Recovery
3. Accessories
Sports Medicines Market by Application
1. Shoulder injuries
2. Knee Injuries
3. Foot & Ankle Injuries
4. Elbow and Wrist Injuries
5. Back and Spine Injuries
6. Hip and Groin Injuries
7. Other Injuries
Sports Medicines Market by End User
1. Hospitals
2. Physiotherapy Centers and Clinics
3. Ambulatory Surgery Centers
Sports Medicines Market by Region
1. North America
  1. U.S.
  2. Canada
2. Europe
  1. UK
  2. France
  3. Norway
  4. Italy
  5. Spain
  6. Netherlands
  7. Germany
  8. Rest of Europe
3. Asia- Pacific
  1. China
  2. India
  3. Japan
  4. Rest Of Asia Pacific
4. South America
5. Middle East & Africa
Key Strategic Insights of Sports Medicines Market
1. New Applications
2. Emerging Technologies
3. Opportunity mapping
4. Consumer preferences
Key Market Trends / Recent Developments in Sports Medicines market
Competitive Scenario of Sports Medicines market
1. Competitive Strategies of Key Players
  1. Mergers and Acquisitions
  2. Investments
  3. Joint Ventures
  4. New Product launches
2. Strength of product portfolio
3. Presence of players by Geographies
KEY GLOBAL PLAYERS
1. Smith & Nephew Plc
2. Medtronic
3. Stryker Corporation
4. KFx Medical LLC.
5. Johnson & Johnson (Depuy Mitek)
6. Osiris Therapeutics
7. Arthrex, Inc.
8. Conmed Corporation
9. General Electric company
10. Zimmer Biomet Holdings, Inc.
11. Ceterix Orthopaedics
12. Breg, Inc.

Report Research Methodology

At our global market research firm, we use advanced analytical tools and methodologies to deliver precise, data-driven insights. Our experienced analysts provide comprehensive research reports equipped with actionable strategies that can generate measurable business outcomes. We use a combination of top-down and bottom-up approaches to examine the market from multiple perspectives.

This dual approach allows for thorough segmentation and enables a deep-dive analysis of each individual market segment.

We also adopt data triangulation methods to cross-validate data from various sources. This ensures our clients receive well-rounded, accurate market insights. The key elements of our research methodology include:

Exploratory Data Mining

We begin with an extensive data collection process, gathering raw information that is rigorously filtered to retain only what is relevant. This filtered data is verified for authenticity before being used further. In addition to new data, we also integrate validated insights from our internal database of previous reports and research studies.

Our extensive in-house data repository, along with access to reliable paid databases, forms the foundation for robust research outputs.

Market Landscape Understanding

To gain a holistic view of the market, we analyze both historical data and current trends. Our sources include industry stakeholders such as distributors and suppliers, in addition to credible government portals and official reports.

We also utilize qualitative inputs such as journal publications, survey responses, and customized questionnaires. Emphasis is placed on analyzing key industry dynamics like drivers, restraints, and economic factors. All collected data undergoes stringent validation and is refined using best-in-class cross-verification techniques.

Data Collection Matrix

Research Tools & Models

We use simulation-based models and business intelligence (BI) dashboards to deliver real-time statistics and predictive insights. Clients also benefit from our online reporting tools, which offer access to KPIs, brand performance data, and embedded analytics.

Our research models are tailored based on each client's unique needs. The datasets include market dynamics, technological developments, pricing trends, and application landscapes, all of which feed into forecasting models.

We provide both short-term econometric analysis and long-term technology market forecasts, helping clients seize emerging opportunities. By comparing variables like technological advancement, product innovation, and capital flow, we can assess their impact over the forecast period.

Our analysts apply correlation, regression, and time-series analysis to provide reliable business forecasts. They also account for external factors such as regulatory landscapes, technological shifts, and economic indicators.

We analyze demographic data regionally and then consolidate it to provide a “glo-cal” (global + local) perspective. Every report is curated to deliver actionable insights with precision and speed. Our team closely collaborates with clients throughout the research process—from market exploration to strategy execution.

Forecasting Parameters

We assign different weightages to forecasting factors to quantify their influence on market dynamics. This ensures a transparent and measurable projection of market trends. Parameters include:

Key market drivers and restraints, including their current and projected impact
Raw material availability and pricing trends
Regulatory frameworks and expected policy changes
Current and future production capacity through 2027

Primary Validation

The final stage of the research process involves market forecasting and expert validation. In-depth interviews are conducted with senior decision-makers and industry veterans to verify the research assumptions and findings.

We perform face-to-face and telephonic interviews with professionals across the value chain—suppliers, distributors, vendors, and end-users—to ensure unbiased and well-rounded insights. With a multilingual team, we conduct global interviews seamlessly.

These expert interactions enrich our reports with real-world context, enhancing their reliability and credibility. Our trained researchers engage with Key Industry Participants (KIPs), including:

Established market leaders
Raw data providers
Network partners like resellers and distributors
End-user representatives

Objectives of Primary Research

To confirm the accuracy and relevance of collected data
To understand current market conditions and forecast future trends

Industry Analysis Matrix