India Sports Medicine Market: Current Analysis and Forecast (2023-2030)

The India Sports Medicine market encompasses a range of sports injuries that resulted from a sports or athletic activity. Sports injuries are a common occurrence for athletes of all levels, from recreational players to professional athletes. These injuries can range from minor strains and sprains to more serious injuries, such as fractures and concussions. The sports medicine market in India is growing rapidly, driven by the increasing popularity of sports and the growing awareness of the importance of sports injury prevention and treatment. The market is expected to continue to grow in the coming years, as more and more athletes and sports organizations seek out the latest advancements in sports medicine technology and treatments. With the growth of sports leagues and tournaments, such as the Indian Premier League and the Pro Kabaddi League, the number of athletes in India is on the rise, and this is leading to an increased demand for sports medicine services.It is observed that injury rates among young athletes have significantly increased during the last 10-15 years. For instance, football and cricket players are suffering 500% more knee and ankle injuries. Whereas 400% more people are suffering from anterior cruciate ligament (ACL) injuries.

Moreover, Sports injuries are not limited to professional athletes but also affect youth and amateur athletes. With an increased emphasis on sports at school and college levels, the number of sports-related injuries among young individuals has also risen. Overall, the sports medicine market in India is growing rapidly and expected to grow with higher momentum during the forecast period.

The India Sports Medicine Market is expected to grow at a strong CAGR of ~7.5% during the forecast period.

Based on product, the India sports medicine market is segmented into body reconstruction products (fracture & ligament repair products, arthroscopy devices, implants, prosthetics, and orthobiologics), body support & recovery products (braces & support, physiotherapy equipment, and compression clothing), and accessories. Currently, body reconstruction products segment dominated the sports medicine market due to increasing cases of sports injuries as sports athletes need to take care of their body parts during their activities and to maintain health for long run.

Based on application, the market is divided into knee injuries, shoulder injuries, foot & ankle, elbow & wrist, hip & groin, and other injuries. Among these application segments, the knee injuries segment held the largest share of the market. The large share of this segment can be attributed to the fact that many knee injuries are recorded across major sports, globally, accounting for approximately 40% of all injuries due to sports. Sports medicine is widely used for the prevention of sports injuries as well as for the cure, recovery, and rehabilitation of athletes. For Instance, As per the data provided by the Prohealth Asia Physiotherapy and Rehab Center, Football has an incidence rate of 2-7 injuries per 1000 hours of football played.

Based on end user segment, the market is segmented into Hospitals, Ambulatory Surgery centers and Physiotherapy Centres and Clinics. The hospitals segment accounted for the largest share of the sports medicine market in 2022. The large share of this segment can be attributed to factors like Complex diagnostic and therapeutic procedures being carried out in hospitals.

Some of the major players operating in the market include: Arthrex, Inc, CONMED Corporation, Johnson & Johnson, Smith & Nephew plc, Stryker Corporation, Breg Inc., Mueller Sports Medicine Inc, Wright Medical Group, Medtronic PLC, Performance Health International Limited, and Mueller Sports Medicine Inc., among others.