North America Sports Medicine Market r is expected to gain market growth in the forecast period till 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.1% in the forecast period till 2027 and is expected to reach USD 4,178.43 million by 2030. The rising demand for minimally invasive surgeries and growing influx of new products and treatment modalities are the major drivers which propelled the demand of the sports medicine market in the forecast period. As per our analysts, with the active participation by governments in encouraging sports activities, rising incidence of sports-associated injuries, and the growing awareness of physical fitness among people, the market is expected to witness remarkable growth over the forecast period. Besides, the growing demand for minimally invasive surgeries among individuals is further expected to fortify the growth of the North America sports medicine market during the estimated timeframe. Moreover, the strong existence of skilled professionals in this field who have the experience to treat all kinds of patients is predicted to create massive growth opportunities for the market during the analysis period. However, inappropriate administration and unfavorable reimbursement strategies may impede the growth of the market over the forecast timeframe.
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Sports injuries include strains and sprains, spondylolysis and spondylolisthesis, stingers, disc injury, and Scheuermann's disease. According to the sports injury Stanford children health statistics, there are about 30 million kids and teenagers in the United States who participate in some form of organized sports and more than 3.5 million injuries occur each year in the United States. Almost one-third of all injuries incurred in childhood are sports-related injuries.
Moreover, trends suggest that incidences of injuries are expected to increase significantly in the coming years. Additionally, the rate of injury is expected to increase, like sports and physical activities are gaining significance in the region. The current high rate of injury along with increasing incidences of injury is expected to drive the sports medicine market.
Highlight of Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: North America Sports Medicine Market Analysis
§ Chapter 3: Regional analysis of the North America 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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The major companies which are dealing in the North America sports medicine market report are Smith & Nephew, Zimmer Biomet, Stryker, Breg, Inc., Medtronic, Bird & Cronin, Arthrex, Inc., Wright Medical Group N.V., Arthrosurface (a subsidiary of Anika Therapeutics, Inc.), Össur Corporate, Mueller Sports Medicine, Inc., CONMED Corporation, Surgalign, Johnson & Johnson Services, Inc., DJO, LLC (a subsidiary of Colfax Corporation) among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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 North America 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 2022 to 2027?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the North America 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 North America Sports Medicine Market?
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