The sports medicine devices market in the Middle East & Africa is expected to grow from US$ 249.10 million in 2022 to US$ 355.98 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2022 to 2028.
Medical technologies, such as artificial intelligence (AI) and automation, play a key role in several aspects of an athlete's routine, from predicting and preventing sports-related injuries to monitoring fitness and enhancing recovery after a training session or competitive outing. These technologies help athletes in optimizing their performances and maintaining fitness, ultimately allowing them to extend their careers. Further, new technologies and applications are also showing the potential to provide athletes and their coaches with valuable biometric data, including heart rate, metabolism, workload, and core temperature, which, in turn, can be used to detect fatigue and predict the likelihood of future injury.
Implants manufactured through 3D printing are expected to have a significant impact on orthopedics in the coming years. 3D printing facilitates a rapid and low-cost (compared to commercially available implants) method of producing customized implants based on patients’ requirements, which exhibit lower toxicity and higher patient acceptance. Prosthetic limbs are evolved to incorporate advanced materials, such as plastics and carbon fiber composites. Further, technological advances and novel innovations, such as bionics, sensors, artificial intelligence, and micro-mechatronics, have been achieved in prosthetics. Additionally, the increasing use of wearable devices such as resistance bands and other sensory aids to monitor stress levels and prevent fatigue-related injuries among athletes is fueling the growth of the sports medicine devices market. For example, Athletigen Technology, Inc., a performance-driven company in Nova Scotia, works with various athletes to use their genetic information to improve their performance and health while lowering the incidence of sports-related injuries.
Vendors in the Middle East & Africa sports medicine devices market are offering products with the new features and technologies to attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market at a good CAGR during the forecast period.
Middle East & Africa Sports Medicine Devices Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Sports Medicine Devices Market Segmentation
Middle East & Africa sports medicine devices market is segmented into product, application, end user, and country. Based on product, the sports medicine devices market is segmented into body reconstruction and repair, body support and recovery, body monitoring and evaluation, and accessories. In 2022, the body reconstruction and repair segment is likely to hold the largest market share. Based on application, the Middle East & Africa sports medicine devices market is segmented into elbow and wrist injury, shoulder injury, knee injury, ankle and foot injury, spine injury, and others. The knee injury segment is likely to hold the largest share of the market in 2022. In terms of end user, the Middle East & Africa sports medicine devices market is segmented into hospitals and clinics, physiotherapy centers, sport centers, and ambulatory surgery centers. The hospitals & clinics segment is likely to hold the largest market share in 2022. Based on country, the Middle East & Africa sports medicine devices market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. Saudi Arabia held the largest market share in 2022.
Arthrex Inc.; Breg Inc.; Conmed Corporation; DePuy Synthes; DJO Middle East & Africa Inc.; Karl Storz SE & Co., KG.; Medtronic; Smith & Nephew; Stryker; and Zimmer Biomet are among the leading companies in the Middle East & Africa sports medicine devices market.