Thailand Blood-based Biomaker For Sports Medicine Market Size & Outlook
Thailand blood-based biomaker for sports medicine market, 2018-2030 (US$M)
Related Markets
Thailand blood-based biomaker for sports medicine market highlights
- The Thailand blood-based biomaker for sports medicine market generated a revenue of USD 3.3 million in 2023 and is expected to reach USD 5.7 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, ck was the largest revenue generating type in 2023.
- CRP is the most lucrative type segment registering the fastest growth during the forecast period.
Blood-based biomaker for sports medicine market data book summary
| Market revenue in 2023 | USD 3.3 million |
| Market revenue in 2030 | USD 5.7 million |
| Growth rate | 8.5% (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 |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.5% of the global blood-based biomaker for sports medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China blood-based biomaker for sports medicine market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 25.9 million by 2030.
Ck was the largest segment with a revenue share of 18.18% in 2023. Horizon Databook has segmented the Thailand 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.
Thailand is increasingly concentrating on sports, which is reflected in the growing participation across various levels, from grassroots to elite sports. This surge in involvement is partly driven by government initiatives to promote physical activity and healthy lifestyles, alongside the country's ambition to excel in international competitions.
As more people participate in sports, the prevalence of sports-related injuries is expected to rise, creating a significant need for effective injury prevention and management strategies. According to a report by the Asia Journal of Sports Medicine in January 2022, of 980 Thai athletes, who participated in the 30th Southeast Asia (SEA) Games, 105 cases of injuries and illnesses were recorded.
Specifically, 84 injuries were reported, translating to an incidence rate of 86 injuries per 1,000 athletes. The most frequently injured body part was the lower leg, shoulder, and clavicle.
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Blood-based Biomaker for Sports Medicine Market Scope
Blood-based Biomaker for Sports Medicine Market Companies
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Thailand blood-based biomaker for sports medicine market size, by type, 2018-2030 (US$M)
Thailand Blood-based Biomaker for Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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