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United States Sports Medicine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A2886
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Market Overview:
The United States sports medicine market size reached US$ 2,534 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,262 Million by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.
Sports medicine is a branch of medical science that deals with the diagnosis and treatment of sports and exercise-related injuries. It aids in the treatment of various sports-related injuries, such as strains, sprains, fractures, tendonitis, exercise-relates asthma, heat illness and cartilage and disc injuries. Sports medicine involves numerous treatments, such as osteopathic manipulation, rehabilitation and injections, and products, including body reconstruction products, body support and recovery products and accessories. It emphasizes on providing comprehensive medical care to improve athletic performance and ensuring faster recovery from injuries.
The increasing participation in sports activities and athletics represents one of the key factors favoring the market growth in the United States. This has resulted in the rising instances of sports-related injuries, which, in turn, has contributed to the growing demand for appropriate treatment procedures and products. In line with this, rising awareness regarding physical fitness among the masses has led to the incorporation of sports as a crucial component of their daily regime, thereby enhancing the demand for various sports medicine products. Furthermore, technological advancements, such as the development of Protection, Rest, Ice, Compression and Elevation (PRICE) therapy as the immediate treatment of sports injuries, are acting as other growth-inducing factors. Product manufacturers are also developing 3D printed implants that are highly cost-effective and more durable.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States sports medicine market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product, application and end user.
Breakup by Product:
- Body Reconstruction
- Fracture & Ligament Repair Products
- Arthroscopy Devices
- Implants
- Orthobiologics
- Prosthetics
- Body Support and Recovery
- Braces & Supports
- Physiotherapy
- Thermal Therapy
- Ultrasound Therapy
- Laser Therapy
- Electrostimulation Therapy
- Body Monitoring and Evaluation
- Cardiac Monitoring
- Respiratory Monitoring
- Hemodynamic Monitoring
- Musculoskeletal Monitoring
- Compression Clothing
- Accessories
- Bandages
- Disinfectants
- Tapes
- Others
Breakup by Application:
- Knee Injuries
- Shoulder Injuries
- Foot & Ankle Injuries
- Hip & Groin Injuries
- Elbow & Wrist Injuries
- Back & Spine Injuries
- Others
Breakup by End User:
- Hospitals
- Orthopedic Specialty Clinics
- Fitness and Training Centers
- Ambulatory Surgery Centers (ASCs)
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Million |
| Segment Coverage | Product, Application, End User, Region |
| Region Covered | Northeast, Midwest, South, West |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The United States sports medicine market was valued at US$ 2,534 Million in 2022.
We expect the United States sports medicine market to exhibit a CAGR of 4.1% during 2023-2028.
The rising demand for sports medicines to prevent, diagnose, and treat exercise-related injuries and minimize disabilities is primarily driving the United States sports medicine market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary postponement of various sports tournaments and activities, thereby negatively impacting the United States market for sports medicine.
Based on the product, the United States sports medicine market can be categorized into body reconstruction, body support and recovery, body monitoring and evaluation, compression clothing, and accessories. Currently, body reconstruction accounts for the majority of the total market share.
Based on the application, the United States sports medicine market has been segregated into knee injuries, shoulder injuries, foot & ankle injuries, hip & groin injuries, elbow & wrist injuries, back & spine injuries, and others. Among these, knee injuries currently hold the largest market share.
Based on the end user, the United States sports medicine market can be bifurcated into hospitals, orthopedic specialty clinics, fitness and training centers, Ambulatory Surgical Centers (ASCs), and others. Currently, hospitals exhibit a clear dominance in the market.
On a regional level, the market has been classified into Northeast, Midwest, South, and West.
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