Global Arthroscopy Devices Market was valued at USD 1.66 billion in 2021

Global Arthroscopy Devices Market was valued at USD 1.66 billion in 2021, growing at a CAGR of 6.36% during the forecast period from 2022 to 2027 to reach USD 2.41 billion by 2027. The arthroscopy devices market is slated towards a positive market growth owing to the factors such as increasing geriatric population, rising prevalence of degenerative bone disorders, growing number of trauma cases and sports-related injuries, increasing popularity of minimally invasive procedures and increasing product development activities among other factors.

Arthroscopy Devices Overview
Arthroscopy devices are used in the examination of bone joints for specific conditions, such as rheumatoid arthritis, osteoarthritis, tendinitis, and bone tumor among others.

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Recent Developmental Activities in Arthroscopy Devices Market:
• In July 2021, Stryker received clearance from the US FDA for the first balloon implant for arthroscopic treatment of massive irreparable rotator cuff tears (MIRCTs).
• In June 2021, Arthrocare Corporation (acquired by Smith and Nephew) received the 510k approval from the US FDA for their product- Werewolf+ Coblation System, Werewolf+ Controller,Werewolf Fastseal 6.0 Hemostasis Wand.
• In June 2020, Medacta International received the CE mark approval for their Long Humeral Diaphysis and Stemless Humeral Metaphysis implants used in the shoulder joint replacement.

Key Takeaways from the Arthroscopy Devices Market Report Study
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the arthroscopy devices market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the global arthroscopy devices market.
• Various opportunities available for the other competitor in the arthroscopy devices market space.
• What are the top performing segments in 2021? How these segments will perform in 2027.
• Which is the top-performing regions and countries in the current arthroscopy devices market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for arthroscopy devices market growth in the coming future?

Arthroscopy Devices Market Dynamics
One of the major factors driving the arthroscopy devices market is the rising geriatric population across the globe. For instance, according to the United Nations, World Population Ageing report, in 2020, there were about 727 million people over the age of 65 years and above living across the globe. The number of the elderly population is further expected to double reaching over 1.5 billion over the period of next three decades. The elderly population is susceptible to develop degenerative bone disorders more frequently than younger population. This is expected to increase in the number of arthroscopy procedures being performed, which in turn will drive the demand for arthroscopy devices, thereby contributing in the global market growth during the forecast period (2022-2027).

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COVID19 Impact on the Arthroscopy Devices Market
As per the article "The Injury Rate in National Football League Players Increased Following Cancellation of Preseason Games Because of COVID-19" published in 2021 by Baker et al., 3,025 injuries were reported over the course of 4 NFL study seasons (2016-2020). Of the 3,025 reported injuries, 582 (19%) occurred in week 14 of the 2020-2021 regular season, while 1,292 (53%) occurred in week 14 of preseason and 1,151 (38%) in regular season 14 of the 2016-2017 season. American football is a contact sport of highly competitive nature and has been associated with injuries affecting the neck, shoulder, ankle, foot, knee, or the back. Therefore, the increase in the patient population associated with sports-related injuries in the country will in turn contribute in the growing need for arthroscopy procedures, eventually resulting in the rise in demand for arthroscopy devices in the region.
However, complications associated with the arthroscopy procedures as well as a temporary setback in the product demand due to the COVID-19 pandemic are some impeding factors to the arthroscopy devices market growth.

Arthroscopy Devices Market Segmentation
• Arthroscopy Devices Market by Product Type (Arthroscopes, Arthroscopic Radiofrequency Systems, Fluid Management Systems, Arthroscopic Implants, and Others),
• Arthroscopy Devices Market by Application (Knee Arthroscopy, Hip Arthroscopy, Shoulder Arthroscopy, Ankle Arthroscopy, and Others),
• Arthroscopy Devices Market by End User (Hospitals, Ambulatory Surgical Centers, and Others),
• Arthroscopy Devices Market by Geography (North America, Europe, Asia-Pacific, and Rest of the World)

Arthroscopy Devices Market Companies
Some of the key market players operating in the arthroscopy devices market includes Stryker, Zimmer Biomet, DePuy Synthes (Medical Devices Business Services, Inc.), Medtronic, Globus Medical, Olympus, DJO, LLC, Richard Wolf GmbH, Active Implants, CONMED Corporation, EndoMed Systems, RUDOLF Medical GmbH + Co. KG, COMEG Medical Technologies, Gimmi® GmbH, Vimex Sp. z o.o., Smith and Nephew, KARL STORZ SE & Co. KG, SCHÖLLY FIBEROPTIC GMBH, Medacta International, and others.

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Table of content
1. Arthroscopy Devices Market Report Introduction
2. Arthroscopy Devices Market Executive Summary
3. Regulatory and Patent Analysis
4. Arthroscopy Devices Market Key Factors Analysis
5. Arthroscopy Devices Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Arthroscopy Devices Market
7. Arthroscopy Devices Market Layout
8. Arthroscopy Devices Market Global Company Share Analysis - Key 3-5 Companies
9. Arthroscopy Devices Market Company and Product Profiles
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight

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