South Africa Sports Medicine Market Size & Outlook
South Africa sports medicine market, 2018-2030 (US$M)
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South Africa sports medicine market highlights
- The South Africa sports medicine market generated a revenue of USD 93.0 million in 2023 and is expected to reach USD 170.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9% 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 93.0 million |
| Market revenue in 2030 | USD 170.3 million |
| Growth rate | 9% (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, South Africa accounted for 1.7% 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 38.92% in 2023. Horizon Databook has segmented the South 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.
Economic development and high unmet healthcare needs drive South Africa's sports medicine market. Moreover, the government is undertaking initiatives to promote sports in South Africa to maximize participation.
NSA's historic hosting of the Netball World Cup in Cape Town in 2023 marks a significant milestone for the African sport. Similarly, Tennis South Africa (TSA), the national governing body for tennis, focuses on standardizing rules, promoting growth, and supporting tennis development at all levels.
Moreover, the South African Sports Confederation and Olympic Committee (SASCOC) plays a crucial role in coordinating and preparing teams for various multi-coded events. SASCOC's responsibility extends to awarding National Protea Colors to deserving athletes and setting standards for representation.
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Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa sports medicine market size, by product, 2018-2030 (US$M)
South Africa Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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