Healthcare Upcoming Trends and Topics Sports Medicine Market, By Application, 2015-2022 | Page 2

• The global sports medicine market is projected to reach USD 8.24 Billion by
2022 from USD 5.78 Billion in 2017, at a CAGR of 7.4% during the forecast
period. The increasing incidence of sports injuries, continuous influx of new
products and treatment modalities, and developments in the field of
regenerative medicine are some of the major factors driving the growth of the
global sports medicine market.
• The sports medicine market is segmented on the basis of product, application,
and region. On the basis of product, the global market is segmented into body
reconstruction products, body support & recovery products, and accessories.
The body reconstruction products segment is further categorized into
implants, fracture & ligament repair devices, arthroscopy devices, prosthetics,
and orthobiologics. The orthobiologics segment is expected to grow at the
highest CAGR during the forecast period. The high growth in this segment can
be attributed to the recent developments in regenerative medicine, allografts,
and stem cell therapy.
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