Denmark Sports Medicine Market Size & Outlook, 2023-2030
Denmark sports medicine market, 2018-2030 (US$M)
Related Markets
Denmark sports medicine market highlights
- The Denmark sports medicine market generated a revenue of USD 74.1 million in 2023 and is expected to reach USD 130.0 million by 2030.
- The Denmark market is expected to grow at a CAGR of 8.4% 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 74.1 million |
| Market revenue in 2030 | USD 130.0 million |
| Growth rate | 8.4% (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, Denmark accounted for 1.4% 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 Europe, Germany sports medicine market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 522.6 million by 2030.
Body reconstruction & repair was the largest segment with a revenue share of 44.26% in 2023. Horizon Databook has segmented the Denmark 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.
In Denmark, local sports activities are overseen by the Danish Gymnastics and Sports Association and the National Olympic Committee and Sports Confederation. A notable 50% of Denmark's local sports clubs and associations hold membership in these influential organizations.
Moreover, the Danish Gymnastics & Sports Association and the National Olympic Committee & Sports Confederation receive state subsidies and manage funds independently. The financing of these organizations is secured through the Act of allocating revenues from national lotteries.
Moreover, the Act on Informal Education and democratic voluntary activity ensure municipal support to local sports clubs and associations. This support includes grants for active members under the age of 25 and facilitates access to government sports facilities.
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Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark sports medicine market size, by product, 2018-2030 (US$M)
Denmark Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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