Sports Medicine Market Size Analysis and Top Companies
The global sports medicine market is estimated at to hit around USD 21.86 billion by 2032 from USD 12.56 billion in 2024, with a CAGR of xx% from 2024 to 2033. The top companies operating in the sports medicine market are Novartis AG, Smith & Nephew PLC, Wright Medical Group N.V., Johnson & Johnson Services, Inc., Arthrex Inc., AlloSource, Braun Melsungen AG, Smith & Nephew plc, Zimmer Biomet. Össur, Medtronic, Mueller Sports Medicine, Inc., RTI Surgical Holdings, CONMED Corporation, Surgalign, Arthrex Inc., AlloSource, Stryker, Hanger Inc, Otto Bock Healthcare Gmbh and others.
Sports Medicine Market Scope
| Report Coverage |
Details |
| Market Size in 2023 |
USD 11.71 Billion |
| Market Size by 2032 |
USD 21.86 Billion |
| Growth Rate from 2023 to 2032 |
CAGR of 7.18% |
| Largest Market |
North America |
| Base Year |
2022 |
| Forecast Period |
2023 to 2032 |
| Segments Covered |
By Product Type and By Applications |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Sports Medicine Key Pleayers
- Novartis AG (Switzerland)
- Smith & Nephew PLC
- Wright Medical Group N.V. (U.S.)
- Johnson & Johnson Services, Inc. (U.S.)
- Arthrex Inc. (U.S.)
- AlloSource (U.S.)
- Braun Melsungen AG (Germany)
- Smith & Nephew plc (Germany)
- Zimmer Biomet (U.S.)
- Össur (Iceland)
- Medtronic (Ireland)
- Mueller Sports Medicine, Inc. (U.S.)
- RTI Surgical Holdings
- CONMED Corporation (US)
- Surgalign (U.S.)
- Arthrex Inc. (U.S.)
- AlloSource (U.S.)
- Stryker (U.S.)
- Hanger Inc, (U.S.)
- Otto Bock Healthcare GmBH (Germany)
Recent Developments
- In August 2021, The ROSA® hip system from Zimmer Biomet was given FDA approval for robotically assisting direct anterior total hip arthroplasty.
- In June 2021, In Switzerland, an orthopaedic implants developer Mathys AG Bettlach was acquired by DJO. The company's ability to create and provide orthopaedic technologies for the future generation is aided by this purchase.
- In June 2020, Smith & Nephew recently announced the release of INTELLIO Connected Tower Solution, a new product that allows users to manage various sports medicine systems from a distance wirelessly.
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