Sports Medicine Devices | Market Insights | US | 2022
The COVID-19 pandemic has significantly impacted the US sports medicine device market, as regional restrictions on elective procedures resulted in delays to sports medicine procedures and declining unit sales. Resurging cases at the end of 2020 resulting in new restrictions have impacted procedures into 2021. Recovery of the market will depend on a number of factors, including the ability of facilities to return to prepandemic capacity and the pace of vaccine distribution in the US. The crisis has significantly impacted the market in the short-term, and downward pricing pressure resulting from hospital budget constraints and growing outpatient sports medicine procedure volumes will further limit overall market potential to some degree over the long-term. Nonetheless, the continued adoption of arthroscopic techniques, the uptake of premium-priced products, improved physician training, and the launch of innovative devices will continue to drive market growth, supporting the expansion of the US sports medicine device market.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for sports medicine devices in the US across a 11-year period.
