North America Sports Medicine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The North America Sports Medicine Market is Segmented by Product (Implants, Arthroscopy Devices, Prosthetics, OrthoBiologics, Braces, Bandages and Tapes, and Other Products), Application (Knee Injuries, Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, Elbow and Wrist Injuries, and Other Applications) and Geography (United States, Canada, and Mexico).

North America Sports Medicine Market Size

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North America Sports Medicine Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.90 %

Major Players

North America Sports Medicine Market Major Players

*Disclaimer: Major Players sorted in no particular order

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North America Sports Medicine Market Analysis

The North America sports medicine market is expected to register a CAGR of 7.9% during the forecast period.

COVID-19 pandemic has had a substantial impact on the sports medicine market initially. For instance, According to the National Safety Council, in 2021, it has been stated by the Consumer Product Safety Commission (CPSC) that in the first seven months of the COVID-19 pandemic, amid the majority of shelter-in-place restrictions, visits to emergency departments for consumer product-related injuries fell by 24%. However, the market is getting back to its original shape due to increasing sports activities that increase the need for medicine in case of injuries and treatment. For instance According to the National Center for Biotechnology Information, published in 2023, titled "Impact of the COVID-19 Pandemic on Sports Medicine Patient Care", it has been stated that the COVID-19 pandemic has necessitated new practices in sports medicine patient care. Telehealth has been validated as a reliable tool for consultations and physical examinations and increases access to care in a cost-efficient manner. Thus, the COVID-19 outbreak affected the market's growth adversely in its preliminary phase; however, the market is expected to gain traction due to the significant increase in the use of sports medicine.

Further, the rising burden of sports injuries, consistent innovation of new products and treatment modalities, and rising demand for minimally invasive surgeries are among the major factors driving the growth of the studied market. For instance, as per the research study titled 'Sports participation and injury rates in high school students: A Canadian survey of 2029 adolescents' published in July 2021, 889 participants out of 1,971 reported at least one injury during the past year with an incidence rate of about 45.10 per 100 students per year and concluded that incidence rate of the injuries due to sports and recreation activities was high in high school students with 29% of adolescents reporting at least one medical attention injury within the past year.

Additionally, in August 2021, Johnson & Johnson Medical Device company announced that DePuy Synthes, the orthopaedic company of Johnson & Johnson, will feature new products and technology solutions including sports medicine, shaping new standards of care for modern day orthopaedic during the American Academy of Orthopaedic Surgeons (AAOS) annual meeting in San Diego. Such developments are leading to wider adoption of sports medicine across the region.

Moreover, In February 2021, Nexus Spine a company based in United States launched its PressOn patient-specific fixation system for stabilizing the human spine and its Tranquil flexible titanium device for interbody fusion. Thereby, such developments in the region are going to elevate the growth of the market.

Therefore, owing to the aforementioned factors the studied market is anticipated to witness growth over the analysis period. However, high cost of implants and devices, and dearth of proper sports ecosystem is likely to impede the market growth.

North America Sports Medicine Market Trends

Shoulder Injuries Segment is Expected to Witness Healthy Growth Over the Forecast Period

Shoulder injuries often involve the soft tissue of the joint, such as the tendons, ligaments, and muscles, rather than the bones located there. Often, shoulder injuries develop gradually with repetitive overhead movements or with constant swinging or throwing actions. The sports that have greater risks of developing shoulder injuries like tennis, baseball and softball, swimming, football, and volleyball, among others. Thereby, increasing sports activities and the high number of shoulder injuries are elevating the growth of the segment in the region.

According to Sauk Prairie Healthcare in 2020, about two million Americans visit the doctor each year because of rotator cuff injuries, many of which result from sports. Similarly, According to an article titled "Shoulder dislocation and the reduction", in 2022, it has been stated that in nearly 9000 cases of shoulder dislocation, the incidence is 23.9 per 100,000 person-years. Almost 72 percent occur in males, and nearly one-half occur in patients between the ages of 15 and 29 years. The most frequent cause of dislocation was a fall, found in nearly 60 percent of cases. Thereby, this factor is elevating the need for sports medicine market.

Additionally, according to the 'American Academy of Orthopaedic Surgeons (AAOS)', almost 2 million people in the United States visit a healthcare provider with issues related to their rotator cuff every year. It is anticipated that the growing usage of bracing devices for pre-and post-operative patient care, as well as the considerable presence of numerous major manufacturers across the country with orthobiologic items in the works, will contribute to the growing market position.

Therefore, the shoulder injuries segment is expected to witness significant growth over the forecast period due to the abovementioned factors..

North America Sports Medicine Market: Estimated Number of Sport Injuries (per 100,000 population), United States, 2021

United States is Expected to Witness Significant Growth in the Sports Medicine Market

The United States is expected to witness significant growth in the market owing to factors such as the high popularity of different sports such as soccer, baseball, and basketball among others, and the number of players in the country along with the high prevalence of sports injuries in the United States.

According to the National Safety Council, in 2021, it has been stated that 3.2 million people were treated in emergency departments for injuries involving sports and recreational equipment. The activities most frequently associated with injuries are exercise, cycling, and basketball. Thereby, a high number of injuries are elevating the need for sports medicine in the United States.

Moreover, according to the Sports & Fitness Industry Association, in 2021 around 232.6 million Americans took part in sports and fitness activities. It is considered the highest when compared to the past years. Thereby, the high number of individuals that participate in sports activities is elevating the need for sports medicine within the United States.

Additionally, as per the 2021 statistics by the Brain Injury Research Institute, about 1.6 million to 3.8 million recreation and sport-related concussions occur each year in the United States. Hence, this factor may contribute to the increasing demand for sports medicine. With rising sports injuries, the incidence rate of visiting hospitals and doctors for the treatment of these injuries is increasing, subsequently boosting the demand for sports medicines.

Therefore, owing to the aforesaid factors the growth of the studied market is anticipated in the United States.

North America Sports Medicine Market: Estimated Exercise and Exercise Equipment Injuries (per 100,000 population), United States, 2021

North America Sports Medicine Industry Overview

The North America sports medicine market is consolidated in nature due to the presence of a few companies operating regionally. The competitive landscape includes an analysis of a few international as well as local companies which hold market shares and are well known include Medtronic plc., CONMED Corporation, Smith & Nephew PLC, Stryker Corporation, and Zimmer Biomet Holdings Inc., among others.

North America Sports Medicine Market Leaders

  1. Stryker Corporation

  2. ConMed Corporation

  3. Johnson & Johnson

  4. Smith & Nephew

  5. Zimmer Biomet Holdings Inc

*Disclaimer: Major Players sorted in no particular order

North America Sports Medicine Market Concentration
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North America Sports Medicine Market News

  • In August 2022, Conmed has mentioned that it has acquired Biorez a medical device company in the United States. Through this acquisition, Conmed will receive the next-generation bio-inductive collagen scaffold technology for application in sports medicine soft tissue healing.
  • In January 2023, Zimmer Biomet mentioned that it will acquire Embody Inc, a company that focuses on soft tissue healing. Through this acquisition, Zimmer Biomet's will strengthen its sports medicine portfolio.

North America Sports Medicine Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Burden of Sports Injuries

      2. 4.2.2 Consistent Innovation of New Products and Treatment Modalities

      3. 4.2.3 Rising Demand for Minimally Invasive Surgeries

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Implants and Devices

      2. 4.3.2 Dearth of Proper Sports Ecosystem

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 5.1 By Product

      1. 5.1.1 Implants

      2. 5.1.2 Arthroscopy Devices

      3. 5.1.3 Prosthetics

      4. 5.1.4 Orthobiologics

      5. 5.1.5 Braces

      6. 5.1.6 Bandages and Tapes

      7. 5.1.7 Other Products

    2. 5.2 By Application

      1. 5.2.1 Knee Injuries

      2. 5.2.2 Shoulder Injuries

      3. 5.2.3 Ankle and Foot Injuries

      4. 5.2.4 Back and Spine Injuries

      5. 5.2.5 Elbow and Wrist Injuries

      6. 5.2.6 Other Applications

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Mexico

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Arthrex Inc.

      2. 6.1.2 ConMed Corporation

      3. 6.1.3 Johnson & Johnson

      4. 6.1.4 Medtronic PLC

      5. 6.1.5 Mueller Sports Medicine Inc.

      6. 6.1.6 Performance Health

      7. 6.1.7 Smith & Nephew

      8. 6.1.8 Stryker Corporation

      9. 6.1.9 Zimmer Biomet Holdings Inc.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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North America Sports Medicine Industry Segmentation

As per the scope of the report, sports medicine acts as a bridge between science, exercise, and health. Moreover, it catalyzes scientific assessment, study, and understanding of sports performance. It involves combined efforts of athletic trainers, physicians, physical therapists, and sports scientists to collaborate and provide the best possible medical care for athletic injuries and illnesses. The sports medicine market is segmented by Product (Implants, Arthroscopy Devices, Prosthetics, OrthoBiologics, Braces, Bandages and Tapes, and Other Products), Application (Knee Injuries, Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, Elbow and Wrist Injuries, and Other Applications) and Geography (United States, Canada, and Mexico). The report offers the value (in USD million) for the above segments.

By Product
Implants
Arthroscopy Devices
Prosthetics
Orthobiologics
Braces
Bandages and Tapes
Other Products
By Application
Knee Injuries
Shoulder Injuries
Ankle and Foot Injuries
Back and Spine Injuries
Elbow and Wrist Injuries
Other Applications
Geography
United States
Canada
Mexico
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North America Sports Medicine Market Research FAQs

The North America Sports Medicine Market is projected to register a CAGR of 7.90% during the forecast period (2024-2029)

Stryker Corporation, ConMed Corporation, Johnson & Johnson, Smith & Nephew and Zimmer Biomet Holdings Inc are the major companies operating in the North America Sports Medicine Market.

The report covers the North America Sports Medicine Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Sports Medicine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Sports Medicine Industry Report

Statistics for the 2024 North America Sports Medicine market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Sports Medicine analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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North America Sports Medicine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)