Norway Sports Medicine Market Size & Outlook, 2023-2030
Norway sports medicine market, 2018-2030 (US$M)
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Norway sports medicine market highlights
- The Norway sports medicine market generated a revenue of USD 60.2 million in 2023 and is expected to reach USD 98.0 million by 2030.
- The Norway market is expected to grow at a CAGR of 7.2% 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 60.2 million |
| Market revenue in 2030 | USD 98.0 million |
| Growth rate | 7.2% (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, Norway accounted for 1.1% 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 40.2% in 2023. Horizon Databook has segmented the Norway 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 Norway, the collaborative efforts of organizations such as The Norwegian Sports Medicine and Physical Organization and The Norwegian Sports Physiotherapy Group play a crucial role in educating physicians and physiotherapists specializing in sports medicine, physical activity, and active rehabilitation.
The continued provision of EIM courses for healthcare providers in Norway ensures ongoing education, enhancing the expertise of professionals in the field. Collaborative initiatives with the Norwegian Medical Association and the University of Trondheim, such as the development of a 16-hour e-learning course on physical activity & nutrition, demonstrate a commitment to advancing knowledge and skills.
Moreover, the focus on teaching patients and physicians at The Oslo University Hospital and expanding EIM On Campus, along with efforts in networking, marketing, and promotion through various channels, positions EIM as a key player in promoting physical fitness and activity in Norway.
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Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway sports medicine market size, by product, 2018-2030 (US$M)
Norway Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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