Sports Rehabilitation Market by type (Support and Recovery Products,Accessories, Body Repair and Construction Products); by Application; by Regional Outlook
The Global Sports Rehabilitation market is projected to reach USD +8 Billion by 2026 from USD 5.78 Billion in 2017, at a CAGR of +7% during the forecast period
According to the report “Sports Rehabilitation market expected to reach USD +8 Billion with CAGR of +7%- Global Insights, Industry Trends, Price Trends, Growth, Size, Supply, Demand, Comparative Analysis, Competitive Market Share and Forecast 2018-2026,” the market is expected to grow at a +7% CAGR over the study period. Sports injuries, the constant infusion of new products and treatment options, and advancements in regenerative medicine are the main factors propelling the growth of this market. However, the high price of orthopaedic implants may somewhat restrain the development of this industry.
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The field of sports medicine and rehabilitation is essential to the healthcare sector. Understanding, preventing, and treating injuries and musculoskeletal diseases associated with sports and exercise are the main goals of sport rehabilitation. This area of medicine offers tools, medicines, and training programmes designed to restore patients to the highest level of strength and mobility they had prior to being disabled. A patient who has undergone medical treatment and/or surgery for a physical disability needs physical rehabilitation in order to resume daily activities and exercises. In terms of revenue, the sports rehabilitation market was estimated to be worth USD 3,849.7 Mn in 2017 and is anticipated to grow to USD 5,412.0 Mn by 2022.
Sports Rehabilitation Market, By Product Type
The global market for sports rehabilitation is divided into many product categories, such as accessories, support and recovery products, body evaluation and monitoring products, and products for body construction and repair. The body monitoring & evaluation market is anticipated to expand more quickly. This market segment is dominating due to rising knowledge regarding physical performance during sports and the evaluation in figuring out the best course of action for treating various injuries sustained during sports. The CAGR for this market category is projected to be 7.6% over the forecast period.
Global Sports Rehabilitation Market, By Region, 2018-2026
Over the course of the forecast, North America is anticipated to hold the largest market share. The development of the market is being driven by developments in the healthcare industry and an increasing concentration of healthcare providers on wounds caused by trauma and injury. Over the anticipated time period, the Asia Pacific is anticipated to experience the quickest rate of development, with a 15.0% share beginning in 2016. The total market demand will be helped by rising interest in sports as a career and rising wound awareness.
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Top Key Players for Sports Rehabilitation Market:
Arthrex (US), Smith & Nephew (UK), DePuy Synthes (US), Stryker (US), CONMED (US), Zimmer Biomet. (US), Breg (US), DJO Global (US), Mueller Sports, (US), Wright Medical Group (US), Medtronic (Ireland), RTI Surgical (US), and Performance Health International (US).
Some of the primary players of Global Sports Rehabilitation Market are Arthrex, Smith & Nephew, Depuy Synthes Companies, Stryker, Breg, DJO Global, Mueller Sports Medicine, and RTI Surgical among others.
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By application, the knee injuries segment to hold the largest market share in 2017
The shoulder, foot and ankle, elbow and wrist, back and spine, hip and groyne, knee, and other injuries market is divided based on application (head, face, and finger injuries). The sports medicine market is expected to be dominated by knee injuries in 2017 according to estimates. Due to the high prevalence of knee injuries caused by growing youth engagement in sports like football and basketball, the knee injury market is expected to grow.
The report offers both qualitative and quantitative market research, as well as valuable insights into the realistic scenario and preferred development strategies used by the major competitors. The sports rehabilitation market report also provides in-depth analysis of the major industry competitors and comprehensive perceptions of their level of rivalry. The research also recognises and analyses the important business methods used by the major companies, including M&A, affiliations, collaborations, and contracts. The study identifies the production base, rivals, product type, use and specification, pricing, and gross margin for each organisation.
Sports Rehabilitation Market Segmentation:
- Support and Recovery Products
- Body Evaluation and Monitoring Products
- Body Repair and Construction Products
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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