Sports Medicine Devices | Market Insights | US | 2023
The US sports medicine device market has been significantly impacted by treatment deferrals due to the COVID-19 pandemic, and the elective nature of many of the postponed surgeries had slowed recovery to some extent. The ability of facilities to return to prepandemic capacity, as well as the rate at which vaccines are distributed, is largely determining the market’s recovery. Beyond the impact of the COVID-19 pandemic, this market will expand moderately throughout the forecast period due to continued growth in procedures, the launch of new products, the uptake of premium-priced products, and improvements to physician training. However, the pricing pressures that follow a shift to outpatient and nonhospital procedures along with economic constraints resulting in financial limitations will limit market growth to some extent.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for sports medicine devices in the US from 2019 through 2031.