Global Arthroscopy Devices Market Size, Share, Regional Analysis by Key Players like DePuy Synthes Companies, Stryker, Arthrex, Medtronic, Wright Medical Group N.V, GPC Medical Ltd., Richard Wolf GmbH

This market report offers a comprehensive overview of the Arthroscopy Devices market considering all the trends, market dynamics, and competitive scenarios. Also, the Arthroscopy Devices market report is comprised of a brief overview of the market focusing on definitions, market segmentation, end-user applications and value chain analysis. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement globally With Expanding Future Business Scope. The Arthroscopy Devices market also presents vital statistics on the condition of the industry and is a valuable source of guidance for clients and other businesses interested in the market.

Global Arthroscopy Devices Market is expected to reach USD 14,957.97 million by 2024 from USD 7,886.20 million in 2016, at a CAGR of 8.4% in the forecast period 2017 to 2024.

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Some prominent players are Depuy Synthes (subsidiary of Johnson & Johnson Services, Inc.), Stryker, Conmed Corporation and Zimmer Biomet, Arthrex, Inc., Medtronic, Wright Medical Group N.V., Biotek (Chetan Meditech Pvt. Ltd.), GPC Medical Ltd, Vimex SP. Richard Wolf Gmbh, Karl Storz SE & CO. and others.
Market Segments

Based on geography, the market is segmented into 5 geographical regions,

• North America,
• Europe,
• Asia-Pacific,
• South America and
• Middle East and Africa

Based on product type, the global arthroscopy devices market is segmented into

• arthroscopes,
• arthroscopy fluid management systems,
• arthroscopy visualization systems,
• arthroscopy implants,
• arthroscopy shavers,
• arthroscopy RF ablation systems and
• arthroscopy RF wands

The arthroscopy devices market is dominated by arthroscopes implants with 36.1% market share in 2016, growing with the CAGR of 8.4% in the forecast period.
Arthroscopy implants are further segmented into shoulder repair implants, hip repair implants, knee repair implants and others repair implants. Shoulder repair implants are further sub segmented into suture anchors and knotless anchors. Hip repair implants are further sub segmented into suture anchors and knotless anchors. Knee repair implants is further sub segmented into suture anchors, knotless anchors and interference anchors.

On the basis of procedure type, the global arthroscopy devices market is segmented into

• knee arthroscopy procedure,
• shoulder arthroscopy procedure,
• hip arthroscopy procedure and
• other arthroscopy procedure

In 2017, the knee arthroscopy procedure segment is expected to dominate the market with 52.9% market share
On the basis of end users, the global arthroscopy devices market is classified into

• hospitals,
• ambulatory surgical centers,
• orthopedic clinics and
• community hospitals

Among these, in 2017 hospital segment dominated the market and the trend is expected to remain the same till 2024.

TOC is available at https://databridgemarketresearch.com/toc/?dbmr=global-arthroscopy-devices-market

Drivers: Global Arthroscopy Devices Market

• INCREASE IN GERIATRIC AND AGEING POPULATION

The rise in the geriatric population across the globe is a major factor driving the growth of arthroscopy. According to United Nation Population Fund (UNFPA) the population with age above 60 years comprises more than the 12.3% of global population and is expected to rise up to 20.0% of the global population by 2050. Due to growing geriatric population, the cases of acute and chronic diseases such as obesity, arthritis and others are rising. Older population is more prone to diseases such as infections, cardio metabolic risks, joint related issues and cancer leading to more number of surgeries, driving the growth of the arthroscopy devices market. of the number of surgical procedures vary across regions, ranging from 3383 operations per 100,000 in central Latin America to 6495 operations per 100,000 in western sub-Saharan Africa.

• INCREASE IN JOINT REPLACEMENT SURGERY

The increase in joint replacement surgery across the globe will drive the arthroscopy market. For instance, According to Canadian Institute for Health Information (CIHI), around 113,000 knee and hip surgeries are performed in Canada annually. The number of hip replacements surgery increased by 20.0% and number of knee replacement surgery increased by 20.3% from 2009 to 2015 in the country. Furthermore, as per Centers for Disease Control and Prevention (CDC), in U.S. 54.4 million adults were diagnosed with arthritis between 2013 and 2015 and the number is expected to reach 78.4 million by 2040.

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