Global sports medicine market anticipated to grow at 6.8% CAGR, reach $53.6B by 2022

Orthopedic Sports Medicine

The global sports medicine market is projected to reach $53.6 billion by 2022 from $31.5 billion in 2014 at a compound annual growth rate of 6.8 percent, according to Wiseguy Reports.

Key factors driving the market increase include the rising number of sports injuries, the growing popularity of western sports and economic growth leading to increased budget allotments for sports.

Arthrex Biomet, Arthrocare, Conmed Corp., Stryker , Otto Bock Healthcare, DJO Global, Zimmer Holdings, Smith & Nephew and Xiros are some of the key players in the global sports medicine market.

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