The global sports medicine market is estimated to be over US$ 5 Bn in 2017. It is anticipated to grow at a CAGR of 6.4% from 2019 to 2030.
The major factors driving the growth of the market include growing incidence of sports injuries, continuous developments of new products and treatment modalities, also the developments in regenerative medicine.Sports medicine is gaining importance with the increasing awareness regarding sports medicine furthermore research in various organizations and universities have also helped to create awareness. For instance, University of Canberra, is conducting high quality, innovative, internationally relevant medicine research in collaborations with various schools including Wingate Institute and Australian Ballet School.
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