According to the latest report by IMARC Group “United States Sports Medicine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The United States sports medicine market size reached US$ 2,411.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,139.7 Million by 2027, exhibiting a growth rate (CAGR) of 4.3% during 2022-2027.
Sports medicine is the branch of medicine that deals with the treatment of sports-related injuries, such as sprains, strains, fractures, exercise-related asthma, and cartilage and disc injuries. It includes rehabilitation, primary care, wellness promotion, therapeutic intervention, injury and illness prevention, and emergency care. As a result, it provides comprehensive medical care to athletes to improve their overall health and performances while ensuring their fast recovery from sports and exercise-related injuries.
The market in the United States (US) is primarily driven by the rising health consciousness among individuals, which has led to increased participation in sports-related activities. Along with this, continual technological advancements across the country are positively influencing market growth. For instance, the increasing deployment of virtual reality (VR), augmented reality (AR) technologies, anti-gravity treadmill, and compression and elevation (PRICE) therapy in the field of sports medicine is creating a positive outlook for the market. Some of the other factors contributing to the market growth include the rising preference for minimally invasive (MI) procedures among athletes and the presence of multiple opportunities in the field of sports in terms of scholarships and corporate funding.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Product:
- Body Reconstruction
- Fracture & Ligament Repair Products
- Arthroscopy Devices
- Body Support and Recovery
- Braces & Supports
- Thermal Therapy
- Ultrasound Therapy
- Laser Therapy
- Electrostimulation Therapy
- Body Monitoring and Evaluation
- Cardiac Monitoring
- Respiratory Monitoring
- Hemodynamic Monitoring
- Musculoskeletal Monitoring
- Compression Clothing
Breakup by Application:
- Knee Injuries
- Shoulder Injuries
- Foot & Ankle Injuries
- Hip & Groin Injuries
- Elbow & Wrist Injuries
- Back & Spine Injuries
Breakup by End User:
- Orthopedic Specialty Clinics
- Fitness and Training Centers
- Ambulatory Surgery Centers (ASCs)
Breakup by Region:
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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