North America Sports Therapies, Medicine and Betting Market Overview
The Sports Therapies, Medicine and Betting Market is anticipated to reach USD 7.01 Billion by 2032 at 10.5% CAGR during the forecast period 2023-2032.Sports Medicines are used for the treatment of the sports related injuries. North America commands the highest market for the sports medicines across the globe. North America sports medicine, therapies and betting market is driven by increasing prevalence of sports injuries and increasing health awareness amounts the individuals.
Increasing adoption of the sports by elderly population and increasing health care expenditure per person is also contributed the growth of market. However lack of skilled professionals and high cost of the sports injury treatment may restrain the growth of market.
Key Players for Sports Therapies, Medicine and Betting Market
- Smith & Nephew plc (UK)
- DePuy Synthes (US)
- Medtronics (UK)
- Zimmer (US)
- Arthrex, Inc. (US)
- Stryker Corporation (US)
- Breg, Inc. (US)
- CONMED Corporation (US)
- Tornier N.V. (US)
- DonJoy, Inc. (US)
- Mueller Sports, Inc.(US)
- Ottobock Healthcare GmbH (Germany)
- DJO Global (US)
- Cramer, Inc.(US)
North America Sports Therapies, Medicine and Betting Market Segmentation
Sports Therapies, Medicine and Betting is segmented on the basis of product into helping fractures heal, surgical devices, arthroscopy devices, orthopaedic braces. Helping fractures heal are further sub segmented into bone graft substitutes, bone morphogenetics proteins, visco supplementation, PRP, bone marrow concentrate and other. Surgical devices are sub segmented into plates, screws and other. Orthopaedic braces are sub segmented into knee braces, foot braces and supports and other. On the basis of area of application the market is segmented into spine, foot and knee, hip, shoulder and elbow and other. On the basis of procedures the market is segmented into tendinosis, tendon to bone and cartilage repair. And on the basis of end user they are segmented into hospitals & emergency care, trauma centres, ambulatory care and other.
North America Sports Therapies, Medicine and Betting Market Regional analysis
Geographically, US commands the highest market for the sports medicine market. US acquires 65 % of the total North Americas sport medicine market. This growth is attributed due to technology advanced healthcare market in the region, increase sports-related injuries, increase in the physically challenging sports and increasing government initiatives. According to research shoulder and elbow is the most common type of sports injury.
Study objectives Sports Therapies, Medicine and Betting Market
- Detail analysis of Sports Therapies, Medicine and Betting market with region specific growth and competitive analysis on the basis of major players present in the market
- Detail analysis of Sports Therapies, Medicine and Betting market and different drivers and restraints affecting the growth of the market
- Detailed analysis of the historical and forecasted market Analysis of the market on the basis of factors like- price analysis, supply chain analysis, porters five force analysis etc.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Sports Therapies, Medicine and Betting
- Detail analysis on the possible segments and sub segments of the market. and regional analysis of the market
- Insights on the major countries/regions in which these major industries is flourishing and to also identify the untapped regions which could be the potential markets in future
North America Sports Therapies, Medicine and Betting Market Intended Audience
- Sports medicines manufacturers
- Sports medicines suppliers
- Contract Research Organizations (CROs)
- Research and Development (R&D) Companies
- Government Research Laboratories
- Independent Research Laboratories
- Government and Independent Regulatory Authorities
- Market Research and Consulting Service Providers
- Medical Research Laboratories
- Academic Medical Institutes and Universities
The report for Sports Therapies, Medicine and Betting of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Report Scope:
| Report Attribute/Metric Source: |
Details |
| MARKET SIZE 2023 |
6.77(USD Billion) |
| MARKET SIZE 2024 |
7.0(USD Billion) |
| MARKET SIZE 2035 |
10.2(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) |
3.48% (2025 - 2035) |
| REPORT COVERAGE |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR |
2024 |
| MARKET FORECAST PERIOD |
2025 - 2035 |
| HISTORICAL DATA |
2019 - 2024 |
| MARKET FORECAST UNITS |
USD Billion |
| KEY COMPANIES PROFILED |
Pfizer, Merck and Co, FanDuel, Nike, AbbVie, FIFA, Boehringer Ingelheim, Johnson and Johnson, Entain, Adidas, William Hill, Novartis, DraftKings, AstraZeneca, GlaxoSmithKline |
| SEGMENTS COVERED |
Therapy Type, Medicine Type, Betting Type, End User, Regional |
| KEY MARKET OPPORTUNITIES |
Advanced injury prevention technologies, Personalized sports medicine solutions, Growth of esports therapy services, Expanding legality of sports betting, Integration of AI in sports analytics |
| KEY MARKET DYNAMICS |
Increased sports participation, Growing demand for injury recovery, Rising popularity of eSports betting, Advancements in sports medicine technology, Regulatory changes in betting markets |
| COUNTRIES COVERED |
North America, Europe, APAC, South America, MEA |
Sports Therapies, Medicine and Betting Market Highlights:
Frequently Asked Questions (FAQ) :
The Global Sports Therapies, Medicine and Betting Market is expected to be valued at 7.0 billion USD in 2024.
By 2035, the market is projected to be valued at 10.2 billion USD.
The expected CAGR for the market from 2025 to 2035 is 3.48%.
North America is expected to dominate the market, valued at 2.5 billion USD in 2024.
The market value for Europe in 2024 is estimated to be 1.8 billion USD.
The market size for Physical Therapy is projected to reach 3.0 billion USD by 2035.
Key players in the market include Pfizer, Merck, FanDuel, Nike, and AbbVie among others.
The market size for South America is expected to be 0.8 billion USD in 2024.
The Chiropractic Care segment is expected to grow at a significant rate within the overall market during the forecast period.
The market value for Sports Massage is expected to reach 1.5 billion USD by 2035.
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