China Sports Medicine Market Size & Outlook, 2023-2030
China sports medicine market, 2018-2030 (US$M)
Related Markets
China sports medicine market highlights
- The China sports medicine market generated a revenue of USD 249.1 million in 2023 and is expected to reach USD 460.7 million by 2030.
- The China market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, body reconstruction & repair was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Sports medicine market data book summary
| Market revenue in 2023 | USD 249.1 million |
| Market revenue in 2030 | USD 460.7 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Body reconstruction & repair |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Body Reconstruction & Repair, Body Support & Recovery, Body Monitoring & Evaluation, Accessories |
| Key market players worldwide | Smith & Nephew PLC, Stryker Corp, Zimmer Biomet Holdings Inc, Arthrex, Enovis Corp, DePuy Synthes, Johnson & Johnson, Conmed Corp, Mueller Industries Inc, Orthofix Medical Inc, Performance Health, Karl Storz |
Other key industry trends
- In terms of revenue, China accounted for 4.6% of the global 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 sports medicine market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 420.6 million by 2030.
Body reconstruction & repair was the largest segment with a revenue share of 39.1% in 2023. Horizon Databook has segmented the China sports medicine market based on body reconstruction & repair, body support & recovery, body monitoring & evaluation, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
China's sports medicine market is the second largest in Asia owing to the presence of well-established sports infrastructure in the country and rise in awareness about sports & fitness. China has undergone a transformative shift in its approach to public health and sports development.
After the Beijing Olympics in 2022, the nation's sports industry evolved from focusing on Olympic medals to prioritizing public health. Policies such as the 13th Five-Year Plan for sports development and the National Human Rights Action Plan of China (2016–2020) emphasized the integration of sports and medicine for national health.
"Healthy China 2030" outlined a strategic theme of sharing and co-construction, paving the way for integrating the sports industry into the health sector. This provided unprecedented opportunities for Integrated Sports Medicine (ISM), as policies prompted industrial integration, which created opportunities, and diverse health needs fueled ISM's momentum.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China sports medicine market size, by product, 2018-2030 (US$M)
China Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
