Japan Sports Medicine Market Insights Forecasts to 2033

• The Japan Sports Medicine Market Size was valued at USD 298.5 Million in 2023.
• The Market Size is Growing at a CAGR of 6.95% from 2023 to 2033
• The Japan Sports Medicine Market Size is expected to reach USD 584.7 Million by 2033

The Japan Sports Medicine Market is anticipated to exceed USD 584.7 Million by 2033, growing at a CAGR of 6.95% from 2023 to 2033. The increasing prevalence of sports injuries and participation in sports and fitness-related activities are driving the growth of the sports medicine market in the Japan.     

Market Overview

Sports medicine is a branch of medicine that deals with physical fitness and the treatment as well as prevention of injuries related to sports and exercise. Sport is a popular activity in Japan. In educational institutions, physical education lessons are required. All age groups have adult sports participation rates above 50%, with younger persons and older generations having greater rates. To prevent and treat sports-related injuries, there is an increasing need for specialist medical treatment as more people participate in professional sports. The growing application of technologically advanced wearable devices that enable real-time monitoring, assisting, and helping to maintain the performance levels of athletes. The increasing popularity of sports activities such as baseball, sumo wrestling, association football (soccer), tennis, and golf in the country are offering lucrative opportunities for market growth. Further, the development of 3D printing techniques in orthopedic implant applications is anticipated to drive market growth.     

Report Coverage

This research report categorizes the market for the Japan sports medicine market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan sports medicine market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan sports medicine market.

Driving Factors

The increasing prevalence of sports injuries surges the need for infection prevention which lead to propel the market demand for sports medicine. About 61% of participants in a poll done in Japan in November 2023 stated they had gone for walks as a form of physical activity. The popularity and increasing participation in sports and fitness-related activities such as physical education classes are driving the market. Further, the increased participation rates among younger and older generations are also responsible for driving the market growth. Sports involvement has expanded as a result of expanding professional prospects and a growing fitness inclination brought on by improved health awareness, which has boosted the nation's market growth.

Restraining Factors

The dearth of qualified orthopedic specialists because orthopaedic surgeons perform the majority of the treatments for various sports injuries is challenging the Japan sports medicine market.

Market Segmentation

The Japan Sports Medicine Market share is classified into product and application.

• The body reconstruction & repair segment dominated the market with the largest market share in 2023.

The Japan sports medicine market is segmented by product into body reconstruction & repair, body support & recovery, body monitoring & evaluation, and accessories. Among these, the body reconstruction & repair segment dominated the market with the largest market share in 2023. Reconstructive surgery fixes the areas of the body that are damaged by sports injuries. The younger generation's transition from a sedentary to a healthy lifestyle, their active engagement in sports and physical activities, and the growing number of injuries among athletes are driving the market expansion.

• The knees segment dominated the Japan sports medicine market with the largest revenue share in 2023.       

Based on the application, the Japan sports medicine market is divided into knees, shoulders, ankle & foot, back & spine, elbow & wrist, hips, and others. Among these, the knees segment dominated the Japan sports medicine market with the largest revenue share in 2023. Knee injuries from sports are extremely common and can be minor or serious. Athletes' complicated knee joint motions, such as frequent pivoting or twisting, stopping and resuming frequently, or abrupt direction changes, can harm ligaments and cartilage in the knee joint. The increase in the incidence of knee injury among the increasing number of individuals participating in fitness-related activities is driving the market. 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan sports medicine market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Smith+Nephew
• Stryker
• Arthrex, Inc.
• Medtronic
• Boston Scientific Corporation
• OMRON Healthcare, Inc.
• CONMED Corporation
• B. Braun SE
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2024, OMRON Healthcare, Co., Ltd. announced the acquisition of Luscii Healthtech, a fast-growing scale-up in the field of digital health and remote consultation service platforms.

• In October 2023, Smith+Nephew, the global medical technology company, announced the launch of its REGENETEN Bioinductive Implant allowing access to thousands of patients in Japan.

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Sports Medicine Market based on the below-mentioned segments:

Japan Sports Medicine Market, By Product

• Body Reconstruction & Repair
• Body Support & Recovery
• Body Monitoring & Evaluation
• Accessories

Japan Sports Medicine Market, By Application

• Knees
• Shoulders
• Ankle & Foot
• Back & Spine
• Elbow & Wrist
• Hips
• Others