Asia-Pacific Sports Medicine Market which was USD 1.50 billion in 2022, would rocket up to USD 2.69 billion by 2030, and is expected to undergo a CAGR of 7.55% during the forecast period 2023 to 2030. They are commonly reported during sports or other physical activities, as excessive running and jumping lead to wear and tear of the knee joint. There are various advanced treatments, including dry needling, soft tissue massage, osteopathic manipulation, platelet-rich plasma therapy, and arthroscopic surgeries for knee repair. The availability of a wide number of treatments and the growing incidence of knee injuries are some of the major factors driving the segment’s growth.

 

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Moreover, increasing utilization of technologically advanced wearable devices such as fitness bands is supporting the growth of the market. For instance, a performance-based company in Nova Scotia named Athletigen Technology, Inc. works with various sportsmen to use the collected or gathered information on their respective DNA for improving their health as well as performance, and thus reduce the instances of sports-related injuries. Such initiatives are anticipated to support market growth over the forecast period.

However, underdeveloped and developing countries face challenges in the adoption of the sports medicines. Poor economic growth leads to inadequate healthcare facilities and lower government spending on healthcare, thereby resulting in limited adoption of sports medicine products. The lack of a sporting culture in these countries also contributes to slow market development.

The market in these regions is highly price-sensitive, with expensive implant materials hindering growth. Expensive implants are particularly concerning in countries like India, where only a limited percentage of the population has health insurance. Furthermore, the shortage of trained orthopedic professionals and physiotherapists poses a significant challenge to the market advancement, as these professionals are vital in successfully treating athletic injuries.

 

Product

  • Body Reconstruction
  • Fracture and Ligament Repair Products
  • Arthroscopy Devices
  • Implants
  • Orthobiologics
  • Prosthetics
  • Body Support and Recovery
  • Braces and 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

Application

  • Knee Injuries
  • Shoulder Injuries
  • Foot and Ankle Injuries
  • Hip and Groin Injuries
  • Elbow and Wrist Injuries
  • Back and Spine Injuries
  • Others

End-User

  • Hospitals
  • Orthopedic Specialty Clinics
  • Fitness and Training Centers
  • Ambulatory Surgical Centers (ASCs)
  • Others

 

The universal Asia-Pacific Sports Medicine Market report contains the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2023-2030. The report also studies company profiles with respect to company snapshot, geographical presence, product portfolio, and recent developments. Businesses can successfully utilize the data, statistics, research, and insights about the ABC industry included in this marketing report to make decisions about business strategies and to achieve maximum return on investment (ROI). Asia-Pacific Sports Medicine Market research report helps to provide market insights by considering all the aspects of current and future market.

 

Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: Asia-Pacific Sports Medicine Market Analysis
  • Chapter 3: Regional analysis of the Asia-Pacific Sports Medicine Market
  • Chapter 4: Market segmentation based on types and applications
  • Chapter 5: Revenue analysis based on types and applications
  • Chapter 6: Market share
  • Chapter 7: Competitive Landscape
  • Chapter 8: Drivers, Restraints, Challenges, and Opportunities
  • Chapter 9: Gross Margin and Price Analysis

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Some of the major players operating in the sports medicine market are:

  • Arthrex, Inc (U.S.)
  • Smith+Nephew (U.K.)
  • Stryker (U.S.)
  • Breg Inc. (U.S.)
  • DJO LLC (U.S.)
  • Mueller Sports Medicine, Inc (U.S.)
  • Wright Medical Group N.V. (U.S.)
  • Medtronic (Ireland)
  • RTI Surgical (U.S.)
  • Performance Health (U.S.)
  • KARL STORZ (Germany)
  • Bauerfeind (Germany)
  • Össur (Iceland)
  • MedShape (U.S.)

 

Profound Questions Answered in this Report:

  • What is the growth rate of various stages in the value chain of the industry?
  • Which region has the highest growth rate and size of the emerging market by value in 2022?
  • Who are the competitive players in Asia-Pacific Sports Medicine Market?
  • Which region has the largest share and degree of competition in the industry?
  • What is the CAGR of the market during the forecast period 2023 to 2030?
  • Which region is expected to hold the highest market share for the market?
  • What is the main driver of the Asia-Pacific Sports Medicine Market?
  • What is sales volume, revenue, and price analysis of top players of the market?
  • What are the market opportunities and threats faced by the vendors in the industry?
  • What has been the impact of COVID-19 on the Asia-Pacific Sports Medicine Market?

 

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