Sports Therapies, Medicine and Betting Market - Global Forecast to 2030

North America Sports Therapies, Medicine and Betting Market Research Report, By Product (Sports Wear, Helping Fractures Heal, Surgical Devices, Arthroscopy Devices, Orthopaedic Braces), By Area Of Application (Spine, Foot And Knee, Hip, Shoulder And Elbow, Other), By Procedure (Tendinosis, Tendon To Bone, Cartilage Repair), By End User (Hospitals & Emergency Care, Trauma Centres, Ambulatory Care)- Global Forecast To 2030

ID: MRFR/Pharma/0775-HCR | February 2023 | Region: Global | 120 Pages         

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North America Sports Therapies, Medicine and Betting Market

The Sports Therapies, Medicine and Betting Market is anticipated to reach USD 6,837.5 Million by 2030 at 10.4% CAGR during the forecast period 2022-2030.

Segmentation
By Product Sports Wear Helping Fractures Heal Surgical Devices Arthroscopy Devices Orthopaedic Braces
By Area Spine Foot And Knee Hip Shoulder And Elbow Other
By Procedure Tendinosis Tendon To Bone Cartilage Repair
By End User Hospitals & Emergency Care Trauma Centres Ambulatory Care
Key Players
Companies Profiled   Smith & Nephew plc (UK)    DePuy Synthes (US)    Medtronics (UK)    Zimmer (US)    Arthrex    Inc. (US)    Stryker Corporation (US)    Breg    Inc. (US)    CONMED Corporation (US)    Tornier N.V. (US)    DonJoy    Inc. (US)    Mueller Sports    Inc.(US)    Ottobock Healthcare GmbH (Germany)    DJO Global (US)    Cramer    Inc.(US).
Drivers
Market Driving Forces   Increasing prevalence of sports injuries and increasing health awareness amounts the individuals
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North America Sports Therapies, Medicine and BettingĀ Market Scenario:


The Sports Therapies, Medicine and Betting Market is anticipated to reach USD 6,837.5 Million by 2030 at 10.4% CAGR during the forecast period 2022-2030.Sports Medicines are used for the treatment of the sports related injuries. North America commands the highest market for the sports medicines across the globe. North AmericaĀ sports medicine, therapies and betting market is driven by increasing prevalence of sports injuries and increasing health awareness amounts the individuals. Increasing adoption of the sports by elderly population and increasing health care expenditure per person is also contributed the growth of market. However lack of skilled professionals and high cost of the sports injury treatment may restrain the growth of market.Ā 


Key Players for Sports Therapies, Medicine and Betting MarketSmith & Nephew plc (UK), DePuy Synthes (US), Medtronics (UK), Zimmer (US), Arthrex, Inc. (US), Stryker Corporation (US), Breg, Inc. (US), CONMED Corporation (US), Tornier N.V. (US), DonJoy, Inc. (US), Mueller Sports, Inc.(US), Ottobock Healthcare GmbH (Germany), DJO Global (US), Cramer, Inc.(US).SegmentationSports Therapies, Medicine and Betting is segmented on the basis of product into helping fractures heal, surgical devices, arthroscopy devices, orthopaedic braces. Helping fractures heal are further sub segmented intoĀ bone graft substitutes, bone morphogenetics proteins, visco supplementation, PRP, bone marrow concentrate and other. Surgical devices are sub segmented into plates, screws and other. Orthopaedic braces are sub segmented into knee braces, foot braces and supports and other. On the basis of area of application the market is segmented into spine, foot and knee, hip, shoulder and elbow and other. On the basis of procedures the market is segmented into tendinosis, tendon to bone and cartilage repair. And on the basis of end user they are segmented into hospitals & emergency care, trauma centres, ambulatory care and other.Ā 


Regional analysisGeographically, US commands the highest market for the sports medicine market. US acquires 65 % of the total North Americas sport medicine market. This growth is attributed due to technology advanced healthcare market in the region, increase sports-related injuries, increase in the physically challenging sports and increasing government initiatives. According to research shoulder and elbow is the most common type of sports injury.Ā 


Study objectives Sports Therapies, Medicine and BettingĀ Market



  • Detail analysis of Sports Therapies, Medicine and Betting market with region specific growth and competitive analysis on the basis of major players present in the market

  • Detail analysis of Sports Therapies, Medicine and Betting market and different drivers and restraints affecting the growth of the market

  • Detailed analysis of the historical and forecasted market Analysis of the market on the basis of factors like- price analysis, supply chain analysis, porters five force analysis etc.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Sports Therapies, Medicine and Betting

  • Detail analysis on the possible segments and sub segments of the market. and regional analysis of the market

  • Insights on the major countries/regions in which these major industries is flourishing and to also identify the untapped regions which could be the potential markets in futureĀ 


Intended Audience



  • Sports medicines manufacturers

  • Sports medicines suppliers

  • Contract Research Organizations (CROs)

  • Research and Development (R&D) Companies

  • Government Research Laboratories

  • Independent Research Laboratories

  • Government and Independent Regulatory Authorities

  • Market Research and Consulting Service Providers

  • Medical Research Laboratories

  • Academic Medical Institutes and UniversitiesĀ 


The report for Sports Therapies, Medicine and BettingĀ of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 6,837.5 Million
  CAGR   10.4% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Area Of Application, Procedure and End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Smith & Nephew plc (UK), DePuy Synthes (US), Medtronics (UK), Zimmer (US), Arthrex, Inc. (US), Stryker Corporation (US), Breg, Inc. (US), CONMED Corporation (US), Tornier N.V. (US), DonJoy, Inc. (US), Mueller Sports, Inc.(US), Ottobock Healthcare GmbH (Germany), DJO Global (US), Cramer, Inc.(US).
  Key Market Opportunities   Increasing adoption of the sports by elderly population and Increasing health care expenditure
  Key Market Drivers   Increasing prevalence of sports injuries and increasing health awareness amounts the individuals


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Frequently Asked Questions (FAQ) :

The North America sports medicine and therapies market forecast period is 2022 - 2030

The market is expected to register a CAGR of ~10.4% over the next 10 years, according to the North America sports medicine and therapies market research.

Canada is expected to register the highest CAGR during 2022 - 2030

US held the largest share in 2021

The market size is expected to be USD 6.83 billion by 2030.

Smith & Nephew plc (UK), Medtronics (UK), Zimmer (US), DePuy Synthes (US), Arthrex, Breg , CONMED Corporation (US), Stryker Corporation (US), are the major companies operating in the market.