Overview
The North America sports medicine market reached US$ 2.73 billion in 2023 and is expected to reach US$ 4.84 billion by 2031, growing at a CAGR of 7.6% during the forecast period 2024-2031.
Sports medicine is largely concerned with the prevention and treatment of sports-related injuries and illnesses. Sports injuries improve the sportsperson's performance, provide injury treatment, and provide preventive measures such as rehabilitation and osteopathy. It includes implants, fracture and ligament repair items, prostheses, body support and recovery products, compression clothes, braces and supports, physiotherapy equipment, thermal treatment, electrostimulation, and accessories.
In addition to its instantaneous impact on athletes, sports medicine benefits others as well by encouraging physical exercise and healthy lifestyles. Sports medicine experts advocate for exercise as a critical component of general health, addressing concerns such as obesity and cardiovascular disease. Their work encourages people of all ages to participate in physical activity and sports safely, establishing an atmosphere that is healthy and improving quality of life.
Scope
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Metrics |
Details |
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CAGR |
7.6% |
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Market Size |
2022-2031 |
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Market Estimation Forecast Period |
2024-2031 |
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Revenue Units |
Value (US$ Mn) |
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Segments Covered |
Product, Application, and End-User |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter's Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights. |
Market Dynamics: Drivers
Increasing prevalence of sports injuries
The rising prevalence of sports injuries propels the market growth. For instance, according to Johns Hopkins University, in the U.S., about 30 million children and teens participate in some form of organized sports, and more than 3.5 million injuries each year, which cause some loss of time of participation, are experienced by the participants. Almost one-third of all injuries incurred in childhood are sports-related injuries. By far, the most common injuries are sprains and strains.
Although death from a sports injury is rare, the leading cause of death from a sports-related injury is a brain injury. Sports and recreational activities contribute to approximately 21 percent of all traumatic brain injuries among American children. Almost 50 percent of head injuries sustained in sports or recreational activities occur during bicycling, skateboarding, or skating incidents. More than 775,000 children, ages 14 and younger, are treated in hospital emergency rooms for sports-related injuries each year.
Most of the injuries occurred as a result of falls, being struck by an object, collisions, and overexertion during unorganized or informal sports activities. About 88,000 children ages 5 to 14 were treated in hospital emergency rooms for soccer-related injuries. Almost 215,000 children ages 5 to 14 were treated in hospital emergency rooms for football-related injuries. More than 200,000 children ages 5 to 14 were treated in hospital emergency rooms for bicycle-related injuries. More than 170,000 children ages 5 to 14 were treated in hospital emergency rooms for basketball-related injuries.
Restraints
Factors such as shortage of skilled professionals are expected to hamper the market. First and foremost, a shortage of trained practitioners, such as sports physicians, physiotherapists, and athletic trainers, limits player's access to specialist care. This shortage can cause delays in diagnosis and treatment, affecting athlete's performance and recovery durations. As a result, the overall quality and effectiveness of sports medicine services might decline, obstructing the value provided to both professional and amateur athletes.
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Segment Analysis
The North America sports medicine market is segmented based on product, application, and end-user.
The segment body support and recovery accounted for approximately 45.8% of the North America sports medicine market share
The body support and recovery segment is expected to hold the largest market share over the forecast period. In this segment, technological developments would drive this market. In sports medicine, recovery is the process of returning the body to its normal physiological and psychological state after exercise or injury. Recovery is important because it helps athletes avoid fatigue and muscle soreness that could impact their performance.
Physical restoration includes recovering muscles, the elastic system, and other systems like the cardiovascular, hormonal, immune, metabolic, and nervous systems. Body support involves braces. For instance, in January 2024, Enovis™ Corporation, an innovation-driven medical technology growth company, announced that its, DJO LLC subsidiary has launched its new DonJoy® ROAM™ OA knee brace for patients with osteoarthritis or knee pain and injuries and instability.
Market Segmentation
By Product
- Body Reconstruction and Repair
- Bone Reconstruction Devices
- Soft Tissue Repair
- Body Support and Recovery
- Braces and Other Support Devices
- Hot & Cold Therapy
- Body Monitoring and Evaluation Devices
- Musculoskeletal
- Cardiac
- Others
- Accessories
- Bandages
- Disinfectants
- Others
By Application
- Ankle & Foot Injuries
- Back & Spine Injuries
- Elbow & Wrist Injuries
- Hip Injuries
- Others
By End-User
- Hospitals
- Specialty Clinics
- Others
Competitive Landscape
The major players in the North America sports medicine market include Mueller Sports Medicine Inc., Smith & Nephew Plc., Arthrex Inc., Stryker Corporation, Enovis Corporation, Performance Health, Wright Medical Group N.V, RTI Surgical, Johnson & Johnson Services, Inc., Zimmer Biomet among others.
Key Developments
- In June 2024, AlloSource® announced the launch of its AceConnex® Pre-Sutured Fascia device. The product is the only 510(k) cleared pre-sutured fascia allograft for hip labral reconstruction and augmentation and has been transplanted throughout the United States during its limited launch.
- In May 2024, McDavid announced the launch of new NRG knee braces featuring Spring Hinge Joint Assist technology. Available in the NRG Over Knee Wrap and NRG Knee Brace, this hinge technology is a game-changing recovery solution by storing energy when flexed and rebounding with the body's natural movement, it reduces stress on knees by up to 25%.
Why Purchase the Report?
- To visualize the North America sports medicine market segmentation based on product, application, and end-user as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development
- Excel data sheet with numerous data points of North America sports medicine market level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping is available in Excel consisting of key products of all the major players.
The North America sports medicine market report would provide approximately 51 tables, 54 figures, and 181 Pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
