Press release
Arthroscopy Devices Market is anticipated to expand at a compound annual growth rate (CAGR) from 2022 to 2031
The arthroscopy devices market was valued at USD 5.0 Billion in 2021 and it is anticipated to grow further till USD 14.0 Billion by 2031, at a CAGR of 10.8% during the forecast period.New York, Global Arthroscopy Devices Market report from Global Insight Services is the single authoritative source of intelligence on Arthroscopy Devices Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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An arthroscope is a device used in medicine to examine, diagnose, and treat bodily joints such the knee, hip, spine, shoulder, and elbow. Osteoarthritis, rheumatoid arthritis, tendinitis, and bone malignancies can all be detected using arthroscopy equipment. Due to an increase in sports injuries where arthroscopic surgery may be used to avoid complete joint replacements, the market for arthroscopic devices is anticipated to develop.
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Market Trends and Drivers
The development of musculoskeletal conditions like osteoarthritis and rheumatoid arthritis increases the need for arthroscopy procedures as a result of the ageing population. The market for arthroscopy devices is also being driven by the increase in sports injuries that require arthroscopic operations to prevent total joint replacements. The expansion of the global market is also likely to be aided by favourable reimbursement policies in developed nations, an increase in medical tourism in developing nations, and expanding healthcare infrastructure. Over the course of the forecast period, arthroscopic implants are likely to maintain their dominance in the market for arthroscopy devices worldwide.
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Global Arthroscopy Devices Market Segmentation
By Type
Arthroscopes
Arthroscopic Implants
Fluid Management Systems
Radiofrequency Systems
Visualization Systems
Powered Shavers
Others
By Application
Knee Arthroscopy
Hip Arthroscopy
Shoulder & Elbow Arthroscopy
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Rest of Europe
The Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
The Middle East
Africa
Major Players in the Global Arthroscopy Devices Market
The key players studied in the global arthroscopy devices are 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. among others.
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