North America sports medicine market to hit $5.65B by 2026: 3 insights

Angie Stewart -   Print  |

The North America sports medicine market is projected to generate $5.65 billion by 2026.

What you should know:

1. The market will experience an estimated compound annual growth rate of 5.7 percent from 2019-26.

2. Three factors driving market growth are:

  • Increasing prevalence of sports-related injuries
  • Increasing government encouragement of sports activities
  • Increasing awareness about physical fitness

3. Three factors hampering market growth are:

  • Unfavorable reimbursement policies
  • Lack of skilled professionals in sports medicine
  • "Inappropriate administration and guidelines" concerning sports medicine

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