Global Arthroscopy Devices Market Overview:
The latest report by IMARC Group, titled “Arthroscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the Arthroscopy Devices Market Report. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global arthroscopy devices market size reached US$ 4.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.97% during 2022-2027. Arthroscopy devices are orthopedic surgery instruments that help in visualizing, examining, and executing therapeutic interventions inside the joints of the body, such as the knee, hip, spine, shoulder and elbow. They are designed for the procedural ease of cutting and trimming with ergonomic designs and balanced weights, enabling surgeons to conduct complex surgeries without opening joints. Some of these devices include biters, graspers, retrievers; chondral mallets and picks with Teflon handles; hooks and probes; meniscal elevators and retractors; and IVD rongeurs with small jaws.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Arthroscopy Devices Market Trends:
Over the past few years, there has been a rise in the prevalence of bone-specific conditions, like osteoarthritis, rheumatoid arthritis, tendonitis and bone tumor, especially among the geriatric population, which, in turn, has boosted the demand for arthroscopy devices.
Furthermore, an increasing number of injuries leading to fractures, strains, sprains, and dislocations due to the engagement in sports activities have also helped in proliferating the market growth. Moreover, with technological advancements, manufacturers have developed arthroscopy equipment with high-definition monitors and wireless camera that can withstand steam sterilization, thereby reducing procedure and turnover time, and enhancing surgeon control. Other factors, such as constant innovations and improvements in medical devices, and growing awareness about the utilization of arthroscopic technologies, are also providing a positive impact on the industry.
Global Arthroscopy Devices Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Arthrex Inc.
- CONMED Corporation
- Johnson & Johnson Services Inc
- Karl Storz SE & Co. KG
- Medtronic Inc.
- Richard Wolf GmbH
- Smith & Nephew plc
- Stryker Corporation,
- Vimex Sp. z o.o.
- Zimmer Biomet Holdings Inc., etc.
Breakup by Device Type:
- Arthroscopic Implant
- Fluid Management System
- Radiofrequency System
- Visualization System
By Arthroscopy Type:
- Knee Arthroscopy
- Hip Arthroscopy
- Spine Arthroscopy
- Shoulder and Elbow Arthroscopy
- Foot and Ankle Arthroscopy
Breakup by End-User:
- Ambulatory Surgical Centers
- Orthopedic Clinics
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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