Germany Sports Medicine Market Size & Outlook, 2023-2030
Germany sports medicine market, 2018-2030 (US$M)
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Germany sports medicine market highlights
- The Germany sports medicine market generated a revenue of USD 278.8 million in 2023 and is expected to reach USD 522.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.4% 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 278.8 million |
| Market revenue in 2030 | USD 522.6 million |
| Growth rate | 9.4% (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, Germany accounted for 5.1% 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 41.97% in 2023. Horizon Databook has segmented the Germany 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 market for sports medicine is growing in Germany, owing to the availability of more advanced treatment options than other European countries to treat injuries and increasing orthopedic surgeries. The German market is a well-established center for addressing musculoskeletal disorders through medical exercise therapy.
Numerous clinics across the region have employed the industry's leading solutions to cater to the diverse needs of patients. German sports medicine practitioners conduct specialized preventive assessments, devise tailored training regimens to enhance physical performance and employ minimally invasive treatment approaches for sports-related injuries.
Moreover, they provide rehabilitation programs, facilitating athletes' complete recovery and reintegration into their professional activities. This comprehensive approach to sports medicine in the region ensures the well-being of athletes.
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Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany sports medicine market size, by product, 2018-2030 (US$M)
Germany Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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