U.S. Sports Medicine Market Size & Outlook, 2023-2030
U.S. sports medicine market, 2018-2030 (US$M)
Related Markets
U.S. sports medicine market highlights
- The U.S. sports medicine market generated a revenue of USD 2,188.4 million in 2023 and is expected to reach USD 3,649.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.6% 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 2,188.4 million |
| Market revenue in 2030 | USD 3,649.3 million |
| Growth rate | 7.6% (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, U.S. accounted for 40.1% 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 North America, U.S. sports medicine market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,649.3 million by 2030.
Body reconstruction & repair was the largest segment with a revenue share of 37% in 2023. Horizon Databook has segmented the U.S. 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.
Sports medicine was introduced in the U.S. in the 1970s owing to the increasing popularity of sports, which increased the demand for special medical professionals in the field. The U.S. market for sports medicine is mature owing to high per capita healthcare expenditure, high purchasing power of citizens, and increasing incidence of sports injury in the country.
For instance, according to CPSC data, U.S. hospital emergency rooms treated an estimated 454,407 sports-related head injuries in 2018. Furthermore, increasing popularity of sports among youth is a major factor fueling the growth of the U.S. sports medicine market.
Moreover, clinicians and public health advocates promote physical activity to maintain health and reduce the risk of obesity and other chronic disorders. As more people are engaged in sports and recreational activities, injuries resulting from these activities are a growing public health concern.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Sports Medicine Market Scope
Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. sports medicine market size, by product, 2018-2030 (US$M)
U.S. Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
