Kuwait Sports Medicine Market Size & Outlook, 2023-2030
Kuwait sports medicine market, 2018-2030 (US$M)
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Kuwait sports medicine market highlights
- The Kuwait sports medicine market generated a revenue of USD 16.8 million in 2023 and is expected to reach USD 29.3 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 8.3% 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 16.8 million |
| Market revenue in 2030 | USD 29.3 million |
| Growth rate | 8.3% (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, Kuwait accounted for 0.3% 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 Middle East & Africa, South Africa sports medicine market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 170.3 million by 2030.
Body reconstruction & repair was the largest segment with a revenue share of 38.69% in 2023. Horizon Databook has segmented the Kuwait 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 November 2021, the Minister of Information and Culture and Minister of State for Youth Affairs unveiled the strategy of the Public Authority for Sports for the years 2022–2028. The strategy focuses on efficiently utilizing resources and systems to enhance and support sports activities.
This strategic initiative is expected to drive the growth of the sports medicine market in Kuwait by encouraging a more active and competitive sports culture, potentially leading to an increased demand for sports-related healthcare services and medical support for athletes.
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Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait sports medicine market size, by product, 2018-2030 (US$M)
Kuwait Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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