openPR Logo
Press release

Remote Care Systems Through Digitization To Drive The Arthroscopic Shaver Market At A CAGR Of 5.5%

07-01-2022 10:29 PM CET | Health & Medicine

Press release from: Persistence Market Research

Remote Care Systems Through Digitization To Drive

The Arthroscopic Shaver Market is destined to grow on an impertinent note, i.e. reaching US$ 600 Mn at a CAGR of 5.5% between 2017-2026. Personalization has taken over almost every sphere of the industry verticals, and healthcare is no exception.

People have started looking at their healthcare picture such that they could actively take part in improving their physical and mental health on the daily basis. This personalization will be the face of the healthcare vertical in the forecast period.

Global arthroscopic shaver market will ride on a steady 5.5% CAGR during the forecast period, 2017 to 2026, according to a new report delivered by Persistence Market Research (PMR). The report estimates revenues from worldwide sales of arthroscopic shaver to exceed US$ 600 Mn by 2026-end.

Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/20275

Company Profiles:

Arthrex Inc
Stryker Corporation
CONMED Corporation
Smith & Nephew Plc.
Zimmer Biomet Holdings, Inc.
Medtronic Plc.
Johnson & Johnson
Richard Wolf GmbH
De Soutter Medical Limited
Karl Storz GmbH & Co. Kg
Others.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/20275

Development of Arthroscopic Shaver Complemented Versatility of Arthroscopic Procedures

The geriatric and obese populations are observed to be increasingly prone to degenerative disorders such as rheumatoid arthritis, trauma injuries, and osteoarthritis. Shoulder and knee arthroscopies are commonly performed procedures among these populations, which in turn fuel adoption of arthroscopic instruments such as shavers.

Owing to the minimally invasive nature of arthroscopic procedures have gained attraction of patients to under these procedures, as they provide benefits such as shorter hospital stay & recovery time, and lower post-surgical complications. Development of arthroscopic shaver systems has complemented the versatility of arthroscopic surgeries.

Majority of arthroscopic shaver systems are being equipped with a window lock, which helps in keeping the joints bloated between bouts of shaving, which have increased the efficiency of procedures.

A number of innovations have been made in arthroscopic shavers such as systems with the capability of sensing the type of shaver blade integrated in the connected handpiece. These arthroscopic shaver systems automatically set the speed of shaver blade on the basis of a preset program.

Arthroscopic shavers have become an integral part of the routine arthroscopic work, in terms of both therapeutic work and improving visualization. However, shortage of skilled professionals with sound knowledge about their specific function remains a major challenge inhibiting the market expansion.

Latin America to Remain Fastest Expanding Market for Arthroscopic Shaver

Latin America is expected to remain the fastest expanding market for arthroscopic shaver, followed by Asia-Pacific excluding Japan (APEJ). Revenues from these two markets are poised to exceed US$ 200 Mn by 2026-end. Europe and North America will remain the largest markets for arthroscopic shaver, in terms of revenues. Latin America is also projected to account for a major portion of the market's revenue share during 2017 to 2026.

Shaver handpieces are anticipated to remain the top-selling as well as the fast-selling product in the market. Control system are also expected to remain a lucrative product in the market, however their sales will register the lowest CAGR through 2026. In addition, sales of arthroscopic shaver accessories will register a relatively higher CAGR than that of control system through 2026.

Hospitals to Remain Largest End-Users of Arthroscopic Shaver

Hospitals will continue to be the largest end-users of arthroscopic shaver, followed by ambulatory surgical centers. However, orthopedic clinics will register a comparatively faster expansion in the market through 2026.

Although revenues from arthroscopic shaver sales for application in shoulder repair currently accounts for relatively lower share of the market, this application segment will witness a robust expansion through 2026. Sales of arthroscopic shaver for application in knee repair and hip repair will exhibit a relatively lower CAGR than that in shoulder repair, however these two application segments will account for higher revenue shares of the market during 2017 to 2026.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/20275

Regional & Local Vendors Offering Application-specific Products for a Wide Range of End-Users

Presence of numerous international, local, and regional vendors has made the global arthroscopic shaver market to be highly fragmented in nature. M&A activities and technological innovations are key strategies being adopted by market players, which in turn will increase the level of competition in the market.

Several regional and local vendors are concentrating on offering application-specific products for a wide range of end-users. New market entrants however are finding it challenging to cope up with well-established international players in terms of technological innovations, product reliability, and quality.

Access PMR Exclusive Reports-

Testing Inspection And Certification Market- https://www.persistencemarketresearch.com/market-research/testing-inspection-and-certification-market.asp

8K Technology Market- https://www.persistencemarketresearch.com/market-research/8k-technology-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Remote Care Systems Through Digitization To Drive The Arthroscopic Shaver Market At A CAGR Of 5.5% here

News-ID: 2669713 • Views: 361

More Releases from Persistence Market Research

Adoption of Chipless RFID Market to Soar Across Top Countries in the Globe
"The US$ 477.7 Million chipless RFID market is estimated to reach US$ 3,058.2 Million by 2024-end, reflecting a robust CAGR of 26.1% during the forecast period (2016-2024). The retail sector will play a crucial role in driving the market growth globally over the next couple of years. Adoption of chipless RFID is expected to remain high in stores for smart shelves and item-level tagging." - Persistence Market Research (PMR)
Apac Gas Leak Detectors Market Market Revenue to Rise Substantially Owing to Inc …
"Rapid adoption rate and growing preference for gas leak detectors will create lucrative market opportunities for manufacturers operating in the APEC region during the next eight years. Further, convenience of mobility coupled with ease of handling offered in latest gas leak detectors is expected to fuel their demand across various industrial domains" - PMR Persistence Market Research (PMR) in its latest outlook titled "Gas Leak Detectors Market: APAC Industry Analysis and
Consumer Mobile Payments Market Unit Sales to Witness Significant Growth in the …
Mobile phones, developed to facilitate telecommunications, have now become wallets for consumers. Digital payments through mobile phones are revolutionized commercial settings across the world. Growing development of m-commerce platforms have also stepped in to promote the adoption of consumer mobile payments. Persistence Market Research's latest report on the global market for consumer mobile payments projects that the market, which is presently worth over US$ 870 Mn, will register explosive growth
Patient Throughput and Capacity Management Market Market to Record Stellar CAGR …
The need for aligning resources in healthcare settings has compelled medical organizations towards adoption of technological solutions that help manage & arrange patient care information in orderly fashion. Hospitals from across the globe are installing patient throughput & capacity management solutions to tackle challenges associated with management of increasing capacity & space. Ideal use of added functional capacity through improved patient throughput solutions is also a key trend driving the demand

All 5 Releases