Global sports medicine market to reach $12.32b by 2033

Emerging technologies include regenerative medicine and advanced physiotherapy.

The global sports medicine market is projected to hit $12.32b by 2033 at a compound annual growth rate of 6.04%, said Research and Markets.

The sector’s expansion is attributed to treatment advancements, increased participation in sports, and a greater awareness of fitness.

In addition, a demand for innovative treatments and rehabilitation equipment is driving market growth.

Emerging technologies such as regenerative medicine, minimally invasive surgeries, and advanced physiotherapy techniques are gaining traction in the sector.

Meanwhile, developments in stem cell therapy, cryotherapy, and laser therapy contribute to reduced recovery times and improved injury management.