Market revenue in 2023 | USD 3.1 million |
Market revenue in 2030 | USD 4.3 million |
Growth rate | 5.1% (CAGR from 2023 to 2030) |
Largest segment | Ck |
Fastest growing segment | CRP |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 19.35% in 2023. Horizon Databook has segmented the Hong Kong 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.
In Hong Kong, increasing investment in sports is expected to drive a significant rise in participation and development. The government’s commitment to enhancing sports infrastructure and promoting physical activity has created a robust environment for athlete advancement. For instance, in the 2023-24 fiscal year, the government allocated USD 110 million to the sports institute.
This growing focus on sports is expected to improve the demand for advanced medical technologies, including blood-based biomarkers in sports medicine. As Hong Kong’s sports sector continues to expand, integrating these biomarkers into sports medicine is likely to grow, supported by ongoing investments and advancements in healthcare technology.
This trend highlights the country’s dedication to improving athlete care and achieving excellence in sports performance. Furthermore, as sports become more competitive and athletes strive for peak performance, there is a growing demand for precise & innovative methods to monitor and enhance their health.
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