By 2022, the arthroscopic devices market is expected to have grown at a 7.1% CAGR and reach US$ 5.61 billion. Future Market Insights (FMI) focused on the expansion and evolution of the arthroscopy devices market during the pandemic by using a multidisciplinary approach.
Arthroscopy, a minimally invasive surgical technique, involves the examination and treatment of joint-related issues using specialized instruments. This market’s remarkable growth is fueled by a growing aging population, increasing sports injuries, and the preference for less invasive procedures. Arthroscopy devices offer healthcare professionals enhanced visualization and precision, contributing to quicker recovery times and reduced postoperative complications. As the demand for innovative solutions in orthopedic care rises, the Arthroscopy Devices Market plays a pivotal role in shaping the landscape of modern joint health interventions.
The arthroscopy devices market involves medical instruments and equipment used for minimally invasive procedures to diagnose and treat joint-related issues. Arthroscopy is a surgical technique that uses a small camera called an arthroscope to visualize the inside of joints and perform various procedures with small incisions, reducing the need for open surgery and promoting quicker recovery times.
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The market for arthroscopy devices has been experiencing steady growth due to factors such as an aging population, increasing prevalence of musculoskeletal disorders, advancements in technology leading to improved device efficiency and imaging capabilities, and a growing demand for minimally invasive surgical procedures. Key components of the market include arthroscopic cameras, instruments, implants, shavers, and fluid management systems.
Orthopedic surgeons and sports medicine specialists often use arthroscopy devices to diagnose and treat conditions affecting joints like the knee, shoulder, hip, and wrist. These devices allow for precise visualization and manipulation of tissues, leading to better outcomes for patients. The arthroscopy devices market is highly competitive, with several established players and continuous innovation driving the development of new and improved devices.
The market’s growth trajectory is also influenced by factors such as reimbursement policies, regulatory approvals, and adoption rates among healthcare providers. As the demand for less invasive procedures and improved patient outcomes continues to rise, the arthroscopy devices market is expected to expand further, contributing to advancements in joint-related medical care.
The team of analysts at Future Market Insights are focussing on research and market study to produce different Arthroscopy Devices Market forecasts and predictions at both national and international levels.
They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Arthroscopy Devices Market.
Key Players :
The writer will create content on the general strategies of market players. And then will write the key players in the market are: ConMed Corporation, Smith & Nephew, Arthrex Inc, Stryker Corporation and DePuy Synthes
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Key companies profiled :
Arthrex, Inc. Conmed Corporation, Johnson & Johnson, KARL STORZ GmbH & Co. KG, Medtronic, Plc, Richard Wolf GmbH, Smith & Nephew, Plc, Stryker Corporation, Wright Medical Group N.V., and Zimmer Biomet Holdings, Inc.
Segmentation
The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:
On the basis of product type, the global arthroscopic devices market is segmented into
- Arthroscopes
- Arthroscopic Implants
- Shoulder Implants
- Knee Implants
- Hip Implants
- Small joint Implants
- Arthroscopic shaver systems
- Arthroscopic visualization
- Fluid management systems
On the basis of procedures, the global arthroscopic devices market is segmented into
- Shoulder Arthroscopic procedure
- Knee Arthroscopic procedure
- Hip Arthroscopic procedure
- Others
Product Segmentation :
The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments.
The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.
By Regional Analysis Covered
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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