Sports Medicine Market To Grow Substantially At A CAGR Of 7% From 2022 To 2030
According to Custom Market Insights (CMI), the Global Sports Medicine Market size was estimated at USD 7 Billion in 2021 and is expected to hit around USD 11 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2030.
Our research report offers a 360-degree view of the Sports Medicine market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Sports Medicine market.
Sports Medicine Market: Overview
An area of medicine called sports medicine is concerned with enhancing patients’ athletic prowess. Products for sports medicine help with both the healing of sports injuries and the prevention of new ones.
It is projected that the rising number of sports injuries, the growth of medical associations, and ongoing technology advancements will drive the sports medicine market. Sports with the highest injury rates tend to be football and baseball. Another factor anticipated to increase the market over the evaluation period is the absence of carelessness while playing the sport. However, over the forecast period, the growth of the sports medicine market is projected to be constrained by unfavourable reimbursement policies and a lack of knowledge.
Browse the full “Sports Medicine Market Size, Trends, and Insights By Product (Body Reconstruction & Repair, Surgical Equipment, Bone Reconstruction Devices, Soft Tissue Repair, Body Support & Recovery, Braces, and Other Support Devices, Hot & Cold Therapy, Compression Clothing, Body Monitoring & Evaluation, Cardiac, Hemodynamic, Respiratory, Musculoskeletal, Others, Accessories, Bandages, Disinfectants, Tapes, Wraps, Other), By Application (Knees, Elbow & Wrist, Ankle & Foot, Shoulders, Back & Spine, Hips, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030 “ report at https://www.custommarketinsights.com/report/sports-medicine-market/