Arthroscopy Devices And Equipment Market Overview 2023-2032: Market Size, Growth Rate, And Key Segments

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Arthroscopy Devices And Equipment Global Market Report 2023 identifies growth in the older population as the major driver for the Arthroscopy Devices And Equipment market's growth in the forecast period. The older population is prone to a number of orthopedic disease conditions such as arthritis, rheumatoid arthritis, and osteoarthritis, thus generating demand for arthroscopy devices and equipment for diagnosing and treating joint problems.

The global arthroscopy devices and equipment market size will grow from $5.27 billion in 2022 to $5.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global arthroscopy devices and equipment is expected to grow to $7.43 billion in 2027 at a CAGR of 7.1%.

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Major competitors in the Arthroscopy Devices And Equipment market are Arthrex Inc., Smith & Nephew, ConMed Corporation, Stryker, Medtronic, Karl Storz SE & CO. KG, ArthroCare.

A key trend in the Arthroscopy Devices And Equipment market includes product recalls. Product recall is a process of retrieving all defective products that have been sold or are available in the market. When a company recalls a product from the market, the company bears all the cost of fixing the defective product and the cost of replacement. This replacement cost for a large number of products can go up to multi-million dollars, restraining the growth of the company and for the whole market as well. For example, in April 2022, Exactech recalled its knee devices due to increased rates of failure and the need for revision surgery.

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The Arthroscopy Devices And Equipment market is segmented -
• By Product: Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Radiofrequency System, Arthroscopy Visualization System, Arthroscopy Implants
• By Application: Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot & Ankle Arthroscopy, Shoulder & Elbow Arthroscopy, Other Applications
• By End User: Hospitals, Ambulatory Care, Trauma Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Arthroscopy Devices And Equipment market.

The Business Research Company's "Global Arthroscopy Devices And Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Arthroscopy Devices And Equipment Market Include:

1. Executive Summary
2. Arthroscopy Devices And Equipment Market Characteristics
3. Arthroscopy Devices And Equipment Market Trends And Strategies
4. Arthroscopy Devices And Equipment Market - Macro Economic Scenario
5. Arthroscopy Devices And Equipment Market Size And Growth
……………………………………………………….
26. Africa Arthroscopy Devices And Equipment Market
27. Arthroscopy Devices And Equipment Market Competitive Landscape And Company Profiles28. Key Mergers And Acquisitions In The Arthroscopy Devices And Equipment Market
29. Arthroscopy Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix

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