Sports Medicine Market to be Worth $9.4 Billion by 2030: Grand View Research, Inc.
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Read 127-page market research report, "Sports Medicine Market Size, Share & Trends Analysis Report By Product Type (Body Reconstruction & Repair, Body Support & Recovery), By Application (Knees, Shoulders, Ankle & Foot), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Sports Medicine Market Growth & Trends
The market for sports medicine includes products such as braces, supports, and compression garments, as well as diagnostic tools and devices, surgical equipment, and rehabilitation products. The growing popularity of sports and fitness activities is driving the demand for sports medicine products and services. As more people participate in these activities, the risk of injuries increases, creating the need for various advanced products and services to prevent and treat these injuries.
The National Cricket Academy released an Injury Surveillance Report in 2020, which highlighted that 14.75% of male and female players suffered shoulder injuries, making it the most common injury. Knee injuries followed, with over 13% of players affected. The report also revealed that a significant proportion (74%) of career-threatening Anterior Cruciate Ligament (ACL) injuries occurred within the first two years of resuming sporting activity. In cricket alone, the report indicated that 262 cricketers, comprising 218 men and 44 women, underwent rehabilitation programs between April 2019 and March 2020.
Furthermore, with the increasing healthcare expenditure worldwide, more resources are being directed toward innovations and advances in sports medicine research, development, and treatment. This is creating opportunities for companies specializing in sports medicine solutions to expand their product offerings and market reach.
Sports Medicine Market Report Scope
Sports Medicine Market Segmentation
Grand View Research has segmented the global Sports Medicine market based on solution, service, deployment, enterprise size, end-use, and region
Sports Medicine Market - Product Type Outlook (Revenue, USD Billion, 2018 - 2030)
Sports Medicine Market - Application Outlook (Revenue, USD Billion, 2018 - 2030)
Sports Medicine Market - Regional Outlook (Revenue, USD Billion, 2018 - 2030)
List of Key Players in the Sports Medicine Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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