Sports medicine market to hit $9.1B value by 2024

Orthopedic Sports Medicine

Analysts predict the sports medicine market will be worth $9.1 billion by 2024, according to MarketsandMarkets.

Three insights:

1. The market is valued at $6.6 billion in 2019, with an anticipated compound annual growth rate of 6.5 percent.

2. Increasing incidence of sports injuries, a steady stream of new products and treatments, and developments in regenerative medicine are driving the market's growth.

3. Two major growth opportunities in the market are 3D-printed implants and penetration in emerging economies.

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