Europe Sports Medicine Market Size (2024 - 2029)

The European sports medicine market is anticipated to experience growth over the forecast period, driven by an increase in sports injuries and advancements in technology and product innovation. The market's expansion is supported by the rising demand for minimally invasive surgeries and the growing participation in sports and fitness activities. Despite setbacks during the COVID-19 pandemic, the market has shown recovery as restrictions eased and sports activities resumed. The introduction of new medical technologies and wearable devices has further contributed to the market's growth. However, the high cost of implants and devices may pose a challenge to the market's expansion.

Market Size of Europe Sports Medicine Industry

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Europe Sports Medicine Market  Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.20 %

Major Players

Europe Sports Medicine Market   Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Sports Medicine Market Analysis

Over the next five years, the European sports medicine market is expected to grow at a CAGR of 5.2%.

During the COVID-19 pandemic, the sports medicine market encountered a setback due to the deferral and cancellation of a range of sports events, which led to a decline in sports injuries. For instance, in March 2020, the International Olympic Committee postponed the 2020 Tokyo Olympics and Paralympics to 2021. Such incidents adversely impacted market growth. During this time, medical professionals and specialists were instructed to only perform emergency and critical surgical procedures. However, in 2021, the sports medicine industry has shown a sturdy recovery, owing to a surge in demand for sports medicine products and the increasing relaxation of restrictions, which has led to a rise in the number of sports activities globally. This is expected to grow further in the upcoming years. Moreover, the market growth is stabilizing in the current scenario after COVID-19 as worldwide restrictions have eased and various services have been resumed.

The factors driving the growth of the market are the rising incidence of sports injuries, consistent innovation in new products and treatment modalities, and rising demand for minimally invasive surgeries. The incidence of sports injuries has increased over the last few years, primarily due to the growing participation in sports as well as active participation in fitness activities. For instance, an article published in June 2021 by Frontiers in Sports and Active Living reported that the 1-year prevalence of a severe sports injury episode was 31%. The most common injury locations for these injuries were the knee (25%), ankle (20%), and hip/groin (15%). Also, the point prevalence of an ongoing injury episode was 19%. The most common locations were the knee (24%), ankle (24%), and foot (24%). As a result of the high rates of sports-related injuries, there is an increased demand for sports medicine, which is driving the growth of the market under consideration.

Increasing technological advancements and multiple new product innovations in sports medicine will propel the European market's growth. For instance, in May 2021, Smith & Nephew launched a series of pump laparoscopes and arthroscopes to manage fluid and 4K imaging technology for sports medicine surgeons. Similarly, in May 2022, Osstem Europe launched a next-generation implant system, the Key Solution (KS) implant, in Europe. The system, which has a unique internal design, enhances the strength of dental implants and provides a convenient platform for surgery or prosthesis loading. Thus, such developments in implants and their rising demand are propelling the European sports medicine market.

Moreover, the rising use of wearable devices such as fitness bands and other sensors aids in monitoring stress loads and avoiding fatigue-induced injuries in athletes, which has supported the growth of the market for sports medicine. Thus, due to the aforesaid reasons, the market is expected to witness significant growth over the forecast period. However, the high cost of implants and devices may slow down the growth of the market over the forecast period.

Europe Sports Medicine Industry Segmentation

As per the scope of the report, sports medicine acts as a bridge between science, exercise, and health. Moreover, it catalyzes scientific assessment, study, and understanding of sports performance. It involves the combined efforts of athletic trainers, physicians, physical therapists, and sports scientists to collaborate and provide the best possible medical care for athletic injuries and illnesses. The European sports medicine market is divided into three sections: product (Implants, Arthroscopy Devices, Prosthetics, Orthobiologics, Braces, and Other Products), application (Knee and Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, and Other Applications), and geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The report offers the value (in USD million) for the above segments.

By Product
Implants
Arthroscopy Devices
Prosthetic
Orthobiologics
Braces
Other Products
By Applications
Knee Injuries
Shoulder Injuries
Ankle and Foot Injuries
Back and Spine Injuries
Other Applications
Geography
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
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Europe Sports Medicine Market Size Summary

The European sports medicine market is poised for growth, driven by an increasing incidence of sports injuries and advancements in medical technology. The market experienced a temporary setback during the COVID-19 pandemic due to the postponement of major sports events and a focus on emergency medical procedures. However, the industry has rebounded with a surge in demand for sports medicine products as restrictions eased and sports activities resumed. The market is further bolstered by innovations in minimally invasive surgeries and the development of advanced medical implants, which are becoming essential for treating sports-related injuries. The rising popularity of wearable devices that monitor athlete performance and prevent injuries also contributes to market expansion.

Technological advancements and new product innovations are key factors propelling the growth of the European sports medicine market. Companies are introducing cutting-edge solutions, such as pump laparoscopes and arthroscopes, to enhance surgical outcomes. The market is moderately consolidated, with major players like Johnson & Johnson, Smith & Nephew, and Stryker Corporation leading the way. The presence of these companies, along with favorable reimbursement scenarios and a robust healthcare infrastructure, supports rapid product adoption. Despite the high cost of some medical devices, the market is expected to witness significant growth, particularly in countries like Germany, where research and clinical studies are driving advancements in sports medicine.

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Europe Sports Medicine Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Incidence of Sports Injuries

      2. 1.2.2 Rising Demand for Minimally Invasive Surgeries

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Implants and Devices

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Product

      1. 2.1.1 Implants

      2. 2.1.2 Arthroscopy Devices

      3. 2.1.3 Prosthetic

      4. 2.1.4 Orthobiologics

      5. 2.1.5 Braces

      6. 2.1.6 Other Products

    2. 2.2 By Applications

      1. 2.2.1 Knee Injuries

      2. 2.2.2 Shoulder Injuries

      3. 2.2.3 Ankle and Foot Injuries

      4. 2.2.4 Back and Spine Injuries

      5. 2.2.5 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Germany

      2. 2.3.2 United Kingdom

      3. 2.3.3 France

      4. 2.3.4 Italy

      5. 2.3.5 Spain

      6. 2.3.6 Rest of Europe

Europe Sports Medicine Market Size FAQs

The Europe Sports Medicine Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)

Johnson & Johnson, Smith & Nephew, Stryker Corporation, Medtronic PLC and CONMED Corporation are the major companies operating in the Europe Sports Medicine Market.

Europe Sports Medicine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)