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Global sports medicine market will reach $12.32b by 2033

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Photo by Nwato

Emerging technologies include regenerative medicine and advanced physical therapy.

According to Research and Markets, the global sports medicine market is expected to reach US$12.32b by 2033, with a compound annual growth rate of 6.04%.

The industry's expansion is attributed to advances in treatment methods, increased participation in sports, and rising fitness awareness.

Additionally, demand for innovative treatment and rehabilitation devices is driving market growth.

Emerging technologies such as regenerative medicine, minimally invasive surgery, and advanced physical therapy techniques are gaining traction in this field.

Meanwhile, developments in stem cell therapy, cryotherapy and laser therapy are helping to shorten recovery times and improve damage management.

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