Asia-pacific Sports Medicine Devices Market Forecast 2022-2030

Asia-pacific Sports Medicine Devices Market Forecast 2022-2030

KEY FINDINGS

The Asia-Pacific sports medicine devices market is predicted to rise with a CAGR of 7.43% over the forecasting years of 2022 to 2030. Some of the top enablers fuelling the growth of the market include the surge in disposable income for affording expensive treatments as well as sports-related products and devices, the increasing awareness associated with fitness and physical health, and the surging participation in sports as a career.

MARKET INSIGHTS

The Asia-Pacific sports medicine devices market growth evaluation comprises the study of China, South Korea, Indonesia, Japan, India, Australia & New Zealand, Vietnam, Thailand, and Rest of Asia-Pacific. The sports medicine devices market growth in India is predominantly credited to the fairly large population as well as the growing involvement of people in recreational activities. These primarily include sports such as running and cycling. The efforts established by the country’s government to facilitate sports activities have also increased the number of athletes choosing sports as their career, thereby increasing the need for sports medicine devices.

On the other hand, South Korea hosts multiple sports events at the national level. Furthermore, owing to the funds sanctioned by the government, people are participating in sports on a larger scale. In this regard, minor injuries suffered by participants positively influence the demand for sports medicine devices in South Korea. As a result, these factors are estimated to propel the market growth in the Asia-Pacific over the forecasted period.

COMPETITIVE INSIGHTS

Chief players operating in the market are Stryker Inc, Johnson & Johnson, Arthrex Inc, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments