Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What Factors Are Driving the Anticipated Growth Rate of the Sports Medicine Market Through 2034?

The market size of sports medicine has seen robust growth in the past years. Its value is projected to rise from $8.26 billion in 2024 to $8.87 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to the growth in the past include military operations and conflicts, increased commercial aviation, worldwide geopolitical shifts, compliance with regulatory standards, and variations in fuel prices.

In the coming years, the sports medicine market size is projected to undergo significant growth, reaching $12.03 billion by 2029 with a compound annual growth rate (CAGR) of 7.9%. Factors contributing to this growth during the forecasted period include an increase in military spending, the widening scope of commercial aviation, improvements in refueling systems technology, worldwide geopolitical shifts, and the embrace of sustainable aviation fuels. Notable trends for the forecast period encompass the automation of refueling systems, utilization of unmanned aerial vehicles (UAVs), implementation of autonomous technologies, progress in fueling methods, and heightened safety precautions.

What Factors Are Propelling the Growth of the sports medicine Market from 2025 to 2034?

The sports medicine device market is anticipated to experience an upswing due to the increasing number of sports injuries. Sports injuries refer to the various wounds typically incurred during sporting activities. Sports medicine appliances are used for a wide range of purposes including injury treatment, performance training, physical therapy, and injury prevention. Consequently, any increase in sports injuries will likely stimulate the market for sports medicine devices. To illustrate, in October 2024, Insideworldfootball, a UK-based online news platform, reported a total of 4,123 sports injuries registered during the 2023-24 season, which indicates a 4% rise in comparison to the 2022-23 season. This increment in sports injuries is, hence, propelling the growth of the sports medicine device market.

Explore Comprehensive Insights Into The Global Sports Medicine Market With A Free Sample Report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=9376&type=smp

Who Are the Major Industry Leaders Accelerating Growth in the Sports Medicine Market?

Major companies operating in the sports medicine market include:

• Stryker Corporation_x000D_

• Arthrex Inc._x000D_

• Zimmer Biomet Holdings Inc._x000D_

• Smith & Nephew plc_x000D_

• Mueller Sports Medicine Inc._x000D_

Which Current Trends Are Having the Most Impact on the Sports Medicine Market?

The promotion of technological innovation is a crucial trend picking up traction in the sports medicine device market. Major firms in this sector are putting an emphasis on creating new technologies. An illustration of this occurred in June 2023 when Acuitive Technologies Inc., a medical device manufacturing company based in the US, launched the CITRELOCK ACL Tendon Fixation Device. This device, developed with a spiral thread design, facilitates easy insertion and secure fixation without causing damage to the tendon. It also includes Citregen, an advanced resorbable material specifically designed for orthopedic use. The device mirrors the composition of natural bone, providing a compressive strength similar to that of cortical bone and a modulus comparable to trabecular bone.

Secure Your Global Sports Medicine Market Report Now for Fast and Efficient Delivery!

https://www.thebusinessresearchcompany.com/report/sports-medicine-devices-global-market-report

What Are the Major Segments of the Sports Medicine Market and Their Role in Driving Growth?

The sports medicine market covered in this report is segmented –

1) By Product: Orthopedic Devices, Body Reconstruction And Repair, Body Support And Recovery, Body Monitoring And Evaluation, Accessories

2) By Orthopedic Product: Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologic

3) By Recovery And Support Product: Braces, Performance Monitoring Devices, Accessories, Other Recovery Products

4) By Application: Knee Injury, Shoulder Injury, Ankle-Foot Injury, Back-Spine Injury, Hand-Wrist Injury, Hip-Groin Injury, Arm-Elbow Injury

5) By End Users: Ambulatory Surgical Centers, Hospitals, Orthopedic Clinics, Other End Users

Subsegments:

1) By Orthopedic Devices: Braces And Supports, Splints, Orthopedic Implants

2) By Body Reconstruction And Repair: Surgical Instruments, Biologics, Soft Tissue Repair Devices

3) By Body Support And Recovery: Compression Wear, Rehabilitation Devices, Physiotherapy Equipment

4) By Body Monitoring And Evaluation: Wearable Sensors, Diagnostic Imaging Devices, Motion Analysis Systems

5) By Accessories: Ice Packs And Heat Wraps, Taping And Strapping Materials, Therapeutic Gel Packs

Which Regions Are Key Players in the Growth of the Sports Medicine Market?

North America was the largest region in the sports medicine device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the sports medicine devices market report during the forecast period. The regions covered in the sports medicine devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Definition of the Sports Medicine Market Impacting Future Growth?

Sports medicine devices refer to devices that aid in the recovery of patients from injuries sustained while participating in sports, exercise, or other physical activities. It is used to avoid and treat musculoskeletal issues such as sprains, strains, fractures, and ligament repairs, as well as repetitive motion injuries and upper and lower back pain from sports.

Browse Through More Similar Reports By The Business Research Company:

Food And Beverages Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/food-and-beverages-global-market-report

Functional Foods Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/functional-foods-global-market-report

Nutritional Feed Additives Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/nutritional-feed-additives-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: