The kids sports injury treatment market size is anticipated to rise at a CAGR of 6.5% from 2022 to 2032, from a value of US$ 5.81 Bn in 2022 to US$ 10.92 Bn by 2032. Some of the factors propelling the demand for kids sports injury treatments are:
Attributes | Details |
---|---|
Kids Sports Injury Treatment Market Value (2022) | US$ 5.81 Billion |
Kids Sports Injury Treatment Market Forecast Value (2032) | US$ 10.92 Billion |
Kids Sports Injury Treatment Market CAGR (2022 to 2032) | 6.5% |
The number of kids taking part in sports activities has been increasing rapidly over the last few years which is resulting in a significant rise in the sport injury incidences. Even though there are various advanatges of active participation in sports, such as physical fitness, building up of self-confidence and learning to work in a team, there is always a risk of sports-related injuries.
The associated risk of an injury increases by a lack of protective gear during sports activities like hockey, boxing, wrestling, skateboarding, Ice hockey, soccer, snow skiing or snowboarding, bicycling, baseball, softball, basketball. Kids sports injuries are injuries which may either develop as a result of inappropriate practice or training. Head injury, elbow injury and soft-tissue injuries are the most common sport injuries in kids.
According to the United State Centers for Disease Control and Prevention, more than 38 Mn adults and children in the U.S. participate in organized sports competitions every year and approximately 2.6 Mn will be treated for injuries related to sports.
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Over the past several years, sports injuries have become more common across the world, mostly because more kids are participating in sports and actively engaging in fitness activities (as a result of the growing focus on leading healthy lifestyles). Around 30 million kids and teenagers in the US participate in sports each year, and more than 3.5 million sports injuries are documented, according to Stanford Children's Health.
In the US, there are around 2 million acute ankle injuries each year, according to the Board of Certification for Athletic Trainers. Children who participate in sports frequently sustain ligament rips and fractures. Furthermore, a significant percentage of sports injuries worldwide involve the lower extremities. During the evaluation period, the market is projected to grow due to the increasing frequency of ligament tears and fractures. As a result, it is anticipated that the sector is anticipated to grow globally due to the rising need for injury treatment and rehabilitation.
Kids sports injury treatment is becoming more prevalent in emerging economies, which presents a significant opportunity for the market's expansion. Due to their vast patient populations, developing nations like China and India are projected to present a sizable opportunity for market development. Due to increased disposable income and expanding kid and adult engagement in sports, the market for kids sports injury treatment is anticipated to expand.
Lack of sports culture likely to be a major obstacle to market expansion
The primary factor for the growth of global kids’ sports injury market is growing accidents during practice or during performance as the number of children participants in sport activities increases every year from all the age groups. Adequate sports training programs are conducted through private trainers and sport clubs to reduce the accident rate while training so that associated risks are minimized during performances or competitions.
Main factor that restrain the global kids sports injury treatment market is increasing awareness of the parents, providing modified training programs and using safety tools, equipment or safety apparels for the children while practicing.
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According to the data from the United State Consumer Product Safety Commission’s National Electronic Injury Surveillance System of 100 hospital emergency departments, most of patients that are injured between the age of five and 16 years are injures while playing or practicing basketball, football, baseball, ice hockey, soccer or softball. A kid should get first-aid attention immediately for acute injuries. A visit to a pediatrician is essential even if the injury appears normal and proper diagnosis is necessary for quick healing.
The global kids’ sports injury treatmentmarket is expected to register a healthy CAGR during the forecast period. Depending on geographic region, global kids’ sports injury treatment market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
North America held largest share in the global market of kids’ sports injury treatment market followed by Europe, Japan and APAC owing to increase in the number of accidents while playing and developed healthcare infrastructure. The developing nations in APAC, MEA hold huge potential for growth in the global kids’ sports injury treatment market, due to the awareness and concern in the parents in regards to their children.
Some of the key participating global players in kids’ sports injury treatment markets are Stop Sports Injuries, Arthrex, Inc., Smith and Nephew plc. Stryker Corporation, Zimmer Biomet Holdings Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global kids sport injury treatmentmarket is classified on the basis of injury types and geography.
The market is likely to register a CAGR of 6.5% through 2032.
The market is currently valued at US$ 5.81 Bn in 2022.
The market is likely to grow to a valuation of US$ 10.92 Bn by 2032.
North America is likely to be a leading market during the forecast period.
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