Globally, the incidence of sports injuries has increased over the last few years, primarily due to the growing participation in sports as well as active participation in fitness activities (as a result of the growing focus on leading healthy lifestyles).
On the basis of product, the global sports medicine market has been segmented into body reconstruction products, body support & recovery products, and accessories. The body reconstruction products segment is further divided into fracture & ligament repair products, arthroscopy devices, implants, prosthetics, and orthobiologics.
According to market research report, "Sports Medicine Market By Product (Body Reconstruction, Body Support & Recovery), Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries), End User (Hospitals, Physiotherapy Centers & Clinics)- Analysis & Global Forecast to 2025", The global sports medicine market is expected to reach USD 7.2 billion by 2025 from USD 5.5 billion in 2020, at a CAGR of 5.7%.
One of the major challenges for the sports medicine market is the lack of trained orthopedic professionals as orthopedic surgeons carry out most of the procedures for various sports injuries.
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In the sports medicine field, there is an increasing need for trained professionals with the relevant experience and knowledge about using orthobiologics and performing specific surgeries. Sports medicine surgeons provide diagnosis and treatment for musculoskeletal injuries and related disorders that are caused during sports activities.
Based on applications, the sports medicine market is segmented into knee injuries, shoulder injuries, foot & ankle, elbow & wrist, back & spine, hip & groin, and other injuries. The knee injuries segment is expected to account for the largest share of the sports medicine market.
Geographically, Asia Pacific is expected to register the highest CAGR during the forecast period. The high growth in this region can be attributed to the expansion of the sports industry and overall participation in sports.
Based on end user segment, the market is segmented into Hospitals, Ambulatory Surgery centers and Physiotherapy Centers and Clinics. The hospitals segment accounted for the largest share of the sports medicine market.
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Sports medicine is widely used for the prevention of sports injuries as well as for the cure, recovery, and rehabilitation of athletes. The sports medicine applications market is segmented into knee injuries, shoulder injuries, foot & ankle, elbow & wrist, back & spine, hip & groin, and other injuries.
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