Regional Analysis
Global Sports Medicine Devices Market - Regional Insights
- North America is the largest market for sports medicine devices with a share of 41% in 2022, and this can be attributed to the rising incidence of osteoarthritis and joint disorders such as knee injuries in the region. As per the Arthritis Foundation, over 30 million adults in the U.S. suffer from osteoarthritis, making it the most common form of arthritis. The number is expected to rise further owing to the increasing aging population and growing rates of obesity. Also, sports injuries to the knee joints are widespread due to active participation in basketball, football, baseball, and other contact sports in North America.
- Asia Pacific is the second largest market for sports medicine devices. Sports medicine device products have seen increased uptake over the past 5 years in various Asia Pacific countries driven primarily by rising sports participation and awareness about recovery modalities post-intense workouts or injuries.
- Europe is the third-largest market for sports medicine devices, with a share of 19.9% in 2022. The growth of this market is being driven primarily due to the rising incidences of orthopedic injuries among the highly active population in Europe. Sports, such as soccer, rugby, and volleyball, which involve extensive body contact have contributed to the increasing demand for devices like joint reconstruction implants. According to a study by ESSKA, over 3.5 million ACL and meniscus procedures are performed annually in Europe.
Figure 1. Global Sports Medicine Devices Market Share (%), By Region, 2023
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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