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After a workout or sporting event, athletes and fitness enthusiasts can recover more quickly with the aid of several pieces of equipment or instruments known as sports rapid recovery devices.
Compression gear, foam rollers, massagers, cryotherapy units, and other tools of a similar nature can be included in these gadgets. With the aid of these tools, muscle stiffness, discomfort, and soreness can be lessened, and muscle repair and recovery can happen more quickly.
Athletes can return to their routine more quickly thanks to them because they are made to speed up the healing process.
The Sports Rapid Recovery devices accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The COVID-19 has had a significant negative impact on sports organisations’ revenue as a result of the cancellation or postponement of sporting events.
Due to having to lower their expenditures for such equipment, several sports organisations have seen a reduction in demand for rapid recovery devices.
Many teams have started depending on virtual training methods because players are now required to stay at home due to the pandemic.
Due to the players’ diminished ability to exercise physically and heal from injuries as before, the necessity for rapid recovery devices has decreased.
Organizations find it challenging to plan for the future and invest in equipment like rapid recovery devices because it is unclear when sports may resume as usual.
The accessibility of quick recovery devices has been influenced by COVID-19’s disruption of numerous manufacturers and supply networks. Due to the decrease in the quantity of gadgets that are now for sale, demand has also decreased as a result.
In conclusion, the utilisation of quick recovery equipment in the sports business has been significantly impacted by the COVID-19 epidemic.
Many organisations are opting to prioritise other parts of their budget over the purchase of these gadgets due to a decrease in revenue, virtual training, uncertainty around return to play, and restricted product availability.