Market revenue in 2023 | USD 223.8 million |
Market revenue in 2030 | USD 420.6 million |
Growth rate | 9.4% (CAGR from 2023 to 2030) |
Largest segment | Body reconstruction & repair |
Fastest growing segment | Body Support & Recovery |
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 38.38% in 2023. Horizon Databook has segmented the Japan 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 Japan is characterized by a rich history rooted in the meticulous care of athletes' health and performance. Dating back to the establishment of the Sports Medical Consultation Office in 1947, the Japan Sport Association has been at the forefront of ensuring the well-being of athletes.
The formation of the "Sports Scientific Research Committee" in 1960 marked a strategic move to advance activities supporting athlete enhancement, and since 1975, the focus has expanded to encompass various research areas, such as sports medicine, exercise physiology, sports nutrition, psychology, and sociology.
As per an article published by Osaka University, the innovative sports research base project for the 2020 Tokyo Olympics and Paralympics was launched by Medicine for Sports and Performing Art in collaboration with the Japan Sports Agency in 2015.
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