Market revenue in 2023 | USD 197.2 million |
Market revenue in 2030 | USD 350.9 million |
Growth rate | 8.6% (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 |
Body reconstruction & repair was the largest segment with a revenue share of 44.12% in 2023. Horizon Databook has segmented the France 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.
The sports medicine market in France is witnessing notable growth, propelled by key companies undertaking strategic initiatives. These initiatives encompass a range of activities, including R&D, partnerships, and technological advancements.
This strategic acquisition represents a significant expansion of Performance Health's product portfolio in France, solidifying its position in the industry. The initiative is expected to expand the company’s customer base and extend its market reach aligning with its growth objectives.
Moreover, companies operating in France invest in advanced technologies, collaborate with research institutions, and form strategic alliances to enhance their product portfolios & services. The positive approach of these key players encourages innovation in sports medicine, leading to improved diagnostic and treatment modalities.
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