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Arthroscopy Devices And Equipment Market Strategic Developments 2024 | Emerging Trends And Growth, Key Drivers Report To 2033
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033The Business Research Company's Arthroscopy Devices And Equipment Global Market Report 2024 identifies The 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. As more people enter the older age group, there is a higher likelihood of conditions such as osteoarthritis and other joint ailments, which often necessitate arthroscopic procedures for diagnosis and treatment.
The arthroscopy devices and equipment market size has grown strongly in recent years. It will grow from $5.64 billion in 2023 to $6.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to orthopedic conditions prevalence, minimally invasive surgery, aging population, sports medicine.
The arthroscopy devices and equipment market size is expected to see strong growth in the next few years. It will grow to $7.95 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to emerging markets growth, regulatory support and reimbursement, telehealth and remote consultation, value-based healthcare. Major trends in the forecast period include augmented reality (AR) and virtual reality (VR), 3d imaging and printing, artificial intelligence (AI), sustainable practices.
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Major competitors in the Arthroscopy Devices And Equipment market are Arthrex Inc., Smith & Nephew PLC, ConMed Corporation, Stryker Corporation, Medtronic PLC, Karl Storz SE & CO. KG, ArthroCare, Richard Wolf GmbH, DePuy Synthes Companies, Aesculap AG & Company, CorTek Endoscopy.
A key trend in the Arthroscopy Devices And Equipment market includes LENS 4K surgical imaging system for 4KO (optimized) arthroscopes. Major companies operating in the arthroscopy devices and equipment market are innovating new technology, such as the LENS 4K surgical imaging system for 4KO (optimized) arthroscopes, to gain a competitive edge in the market. The LENS 4K surgical imaging system for 4KO (optimized) arthroscopes in arthroscopy devices and equipment is a surgical video innovation. For instance, in April 2021, Smith & Nephew PLC, a UK-based medical equipment manufacturing company, launched 4K surgical imaging technology for 4KO (optimized) arthroscopes. 4K surgical imaging technology for 4KO (optimized) arthroscopes is a surgical video platform designed with improved visualization and image quality that is intended to expand the capabilities of arthroscopic and endoscopic procedures. These 4KO (optimized) arthroscopes are available in C-mount couplers or video arthroscopes with different ranges of diameters and lengths.
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The Arthroscopy Devices And Equipment market is segmented -
1) By Product: Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Radiofrequency System, Arthroscopy Visualization System, Arthroscopy Implants
2) By Application: Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot & Ankle Arthroscopy, Shoulder & Elbow Arthroscopy, Other Applications
3) 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 2024" 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. Global Arthroscopy Devices And Equipment Market Size and Growth
……
31. Global Arthroscopy Devices And Equipment Market Competitive Benchmarking
32. Global Arthroscopy Devices And Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Arthroscopy Devices And Equipment Market
34. Arthroscopy Devices And Equipment Market Future Outlook and Potential Analysis
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