Press release
North America Arthroscopy Devices Market to Grow at a CAGR of 7.8% during 2021-2028 - Arthrex, Johnson and Johnson , NuVasive , Richard Wolf , Stryker
The North America arthroscopy devices market is expected to grow from US$ 2,342.20 million in 2021 to US$ 3,963.23 million by 2028; it is estimated to grow at a CAGR of 7.8% from 2021 to 2028.Musculoskeletal disorders (MSDs) are the most common health conditions across the region. According to the data published by the World Health Organization (WHO), in February 2021, approximately 1.71 billion individuals suffered from musculoskeletal problems. Lower back pain is a widespread musculoskeletal condition, affecting 568 million people. Lower back pain is the major cause of impairment in many countries across the region. Musculoskeletal disorders severely impair mobility and dexterity, resulting in early retirement from work, decreased well-being, and diminished ability to participate in society.
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The number of people disabled by musculoskeletal conditions has been growing, and this trend is expected to continue in the next decades. Furthermore, as per the WHO, high-income countries are the most affected in terms of population. Musculoskeletal diseases are also the leading cause of years lived with disability (YLDs) across the region. Surgical arthroscopy is a well-established therapy option for individuals with chronic joint pain and dysfunction. Compared to open joint procedures, arthroscopy is less invasive and results in better overall patient outcomes in symptom treatment, hospital stay, structural recovery, and long-term outcomes. Thus, the growing prevalence of musculoskeletal disorders, osteoarthritis, and rheumatoid arthritis is driving the market.
Major key players covered in this North America Arthroscopy Devices Market report:
ARL STORZ SE & Co. KG
Arthrex, Inc.
CONMED Corporation
Johnson and Johnson Services, Inc.
Medtronic
NuVasive, Inc.
Richard Wolf GmbH.
Smith & Nephew
Stryker Corporation
Zimmer Biomet
The North America arthroscopy devices market is segmented based on product, application, and country. Based on product, the market is segmented into arthroscopic implants, arthroscopes, fluid management systems, radiofrequency systems, visualization systems, powered shavers systems, and other arthroscopy instruments.
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North America Arthroscopy Devices Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2021 to 2028.
Major Key Points of North America Arthroscopy Devices Market
• North America Arthroscopy Devices Market Overview
• North America Arthroscopy Devices Market Competition
• North America Arthroscopy Devices Market, Revenue and Price Trend
• North America Arthroscopy Devices Market Analysis by Application
• Company Profiles and Key Figures in North America Arthroscopy Devices Market
• Market Dynamics
• Methodology and Data Source
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Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape North America Arthroscopy Devices Market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
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