Published by mark itwired
Posted on September 28, 2021
5 min readLast updated: February 1, 2026
The sports medicine market is set to grow over 7.5% CAGR by 2031, driven by demand for body reconstruction and recovery products, especially for knee and shoulder injuries.
Demand for sports medicines is gaining traction as the sports industry is getting back on track after a temporary period of lull, following the COVID-19 outbreak. According to a study by Future Market Insights, the market will showcase recovery 2021 onwards, a trend which is expected to result in accelerating sales through 2031.
As the requirement for sports medicines for various types such as body reconstruction, body monitoring & evaluation, and others is rising again, the market is projected to record robust growth in the coming years. The latest revised edition of the report on ‘sports medicine’ market study by Future Market Insights (FMI) offers a thorough analysis of the global trends, demand-supply trajectories, and growth & restraining factors for sports medicine suppliers during the forecast period of 2021 to 2031.
According to the report, knee & shoulder injuries will account for the increasing sales of sports medicine while the focus of manufacturers will be on the leading regions such as North America, Europe, and Asia Pacific.
“Companies operating in the sports medicines market are focusing on innovations and product launches, besides aiming for certifications from international organizations. There is increasing focus on keeping pace with changing consumer preferences” says an FMI analyst.
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Rise in application of body reconstruction, body recovery, and other type of sports medicine in knee & shoulder injuries is becoming prominent around the globe. This in turn is set to raise the profit margins of suppliers in the near future.
According to the National Health Statistics Report published on 18th November, 2016, an average annual estimate of 8.6 million sports and recreation related injuries were reported among which knee & shoulder injuries were of the highest number. As stated in the report, one-half of the injury episodes resulted in treatment at a doctor’s office or health clinic while rest half needed emergency care or hospitalization. These figures represent why this segment is gaining momentum in terms of application.
The global sports medicine market is fragmented and thriving on the key players. In order to sail through the cut-throat competition, key players are launching diverse range of cost-effective products and services. For instance,
In its latest report, FMI offers an unbiased analysis of the sports medicine market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (body reconstruction, body support & recovery, body monitoring & evaluation, and accessories), and application (knee injuries, shoulder injuries, ankle & foot injuries, back & spine injuries, elbow & wrist injuries, hip injuries, and other applications), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
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Some of the top companies manufacturing sports medicine are Breg Inc., Johnson & Johnson, CONMED Corporation, and Medtronic Plc.
The United States, China, Germany, Japan, India, the United Kingdom, Canada, Italy, France, and a few others are lucrative markets for sports medicine, and are expected to dominate throughout the forecast period.
Presently, body reconstruction segment is the most lucrative segment in terms of product type, and is expected to remain dominant over the forecast period of 2021 to 2031.
As per a study by FMI, knee injuries account for maximum sales of sports medicines.
The post Sports Medicine Market is set to exhibit robust growth expanding at over 7.5% CAGR by 2031 first appeared on Market Research Blog.
The main topic is the growth and trends of the sports medicine market, projected to expand significantly by 2031.
What factors are driving the sports medicine market growth? The demand for body reconstruction and recovery products is a key driver.
Which regions are leading in the sports medicine market? North America is leading, with Asia Pacific emerging as a lucrative market.
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