Market revenue in 2023 | USD 141.3 million |
Market revenue in 2030 | USD 244.2 million |
Growth rate | 8.1% (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 41.12% in 2023. Horizon Databook has segmented the Italy 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.
Italy is one of the fastest-growing markets for sports medicine, owing to the growing popularity of sports, rising number of football players, growing inclination of citizens toward sports such as basketball, volleyball, cycling, & skiing, and increasing healthcare expenditure.
For instance, the Milan Institute of Sports Medicine is dedicated to advancing health promotion and injury prevention among athletes and individuals participating in sports. By conducting mandatory Pre-Participation Examinations (PPE) annually and adhering to Italian laws established in 1982 & subsequent amendments, the institute ensures the well-being of nearly 20 million individuals of all ages engaged in various forms of exercise across Italy.
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