Market revenue in 2023 | USD 179.2 million |
Market revenue in 2030 | USD 310.4 million |
Growth rate | 8.2% (CAGR from 2023 to 2030) |
Largest segment | Ck |
Fastest growing segment | CRP |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | CK, Myoglobin, Lactate, WBC, Urea, CRP, Lipid and Protein Hydroperoxides, IL-6 |
Ck was the largest segment with a revenue share of 18.02% in 2023. Horizon Databook has segmented the Europe blood-based biomaker for sports medicine market based on ck, myoglobin, lactate, wbc, urea, crp, lipid and protein hydroperoxides, il-6 covering the revenue growth of each sub-segment from 2018 to 2030.
Technological advancements and increased research in blood-based biomarkers are expected to significantly drive market growth in Europe. For instance, in October 2023, bioMérieux, announced the CE-marking of VIDAS TBI (GFAP, UCH-L1). This blood test aids in the assessment of patients with mild traumatic brain injury through the unique combination of two brain biomarkers.
Cutting-edge technologies have enhanced the sensitivity and accuracy of biomarkers, making them crucial tools for diagnosing and managing sports-related injuries. Ongoing research is uncovering new biomarkers and refining existing ones, which is expected to expand their applications in injury prevention and recovery monitoring.
In Europe, this technological progress and research focus are expected to propel market growth. Sports organizations and healthcare providers increasingly adopt these advanced biomarkers to improve athlete care and performance. The integration of these innovations is leading to more effective and personalized approaches to managing sports injuries, which is projected to fuel market demand. As the European sports medicine sector embraces these advancements, the market is expected to witness significant growth over the forecast period.
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