Market revenue in 2023 | USD 331.4 million |
Market revenue in 2030 | USD 584.5 million |
Growth rate | 8.4% (CAGR from 2023 to 2030) |
Largest segment | Body reconstruction & repair |
Fastest growing segment | Body Reconstruction & Repair |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 36.3% in 2023. Horizon Databook has segmented the Middle East & Africa 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 in the Middle Eastern region is growing. The government's emphasis on providing quality care in hospitals, increasing number of orthopedic surgeons, and the high occurrence rate of sports injuries among the young and active population in Dubai, the UAE, and other countries are driving the market in the Middle East.
Moreover, the increasing number of doping cases among Saudi players and the establishment of various medical institutes offering a specialized degree in sports medicine are driving the market growth in this region.
Furthermore, government initiatives to improve healthcare infrastructure in South Africa, the UAE, and Saudi Arabia are creating new opportunities for orthopedic devices. In addition, corporate funding, scholarships, and improvement in sports infrastructure are expected to boost the market growth.
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