Press release
Shoulder Arthroscopy Market Size Sets New Record, Projected at USD 712.12 million by 2032
The global shoulder arthroscopy market is experiencing growth due to several key factors. People are increasingly seeking minimally invasive procedures due to the advantages of less discomfort, faster recovery, and shorter hospital stays, which increases the demand for shoulder arthroscopy procedures. In addition, the precision, efficacy, and safety of shoulder arthroscopic procedures have been improved through ongoing technological developments in arthroscopy equipment, increasing its appeal to patients and healthcare professionals. These developments, which include enhanced instrumentation, cutting-edge surgical techniques, and high-definition imaging systems, allow surgeons to carry out difficult procedures more precisely and easily. This increases the demand for enhanced instrumentation and propels the growth of the market.Allied Market Research published a report, titled, "Shoulder Arthroscopy Market by Product Type (Arthroscopes, Power Shaver Systems, Shoulder Arthroscopic Implants, Arthroscopic Systems, and Others), Indication (Rotator Cuff Tears, Shoulder Instability or Dislocation, Frozen Shoulder, Shoulder Impingement Syndrome, and Others), and End User (Hospitals, Ambulatory Surgical Centers, Other): Global Opportunity Analysis and Industry Forecast, 2023-2032โณ. The shoulder arthroscopy market was valued at $432.46 million in 2022 and is estimated to reach $712.12 million by 2032, exhibiting a CAGR of 5.1% from 2023 to 2032.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/175321
Top Companies Of Shoulder Arthroscopy Market
โข Arthrex, Inc.
โข Biotek
โข Stryker Corporation.
โข Conmed Corporation
โข Osteocare Medical Pvt Ltd.
โข SironixMedtech
โข Star Sports Medicine Co., Ltd.
โข GPC Medical Ltd.
โข Johnson & Johnson
โข Karl Storz GmbH and Co. Kg
The shoulder arthroscopic implants segment to maintain its leadership status throughout the forecast period
Based on product type, the shoulder arthroscopic implants segment held the highest market share in 2022, accounting for more than one-third of the global shoulder arthroscopy market revenue. The key drivers for the growth of the segment include the rise in adoption of arthroscopic procedures for shoulder injury treatment.
On the other hand, the arthroscopes segment is anticipated to be the fastest growing segment during the forecast period. This growth is mainly attributed to the advancements that take place in arthroscopes to improve the imaging quality during arthroscopy procedure.
Based on indication, the rotator cuff tears segment accounted for the largest share in 2022, accounting for more than one-fourth of the global shoulder arthroscopy market revenue. The segment growth was attributed to high prevalence of rotator cuff tears around the globe and adoption of arthroscopic procedure for its treatment.
On the other hand, the shoulder impingement syndrome segment is anticipated to be the fastest growing segment during the forecast period, owing to the increase in number of shoulder injuries related to sports.
Based on end user, the hospitals segment dominated the market in terms of revenue in 2022, accounting for more than two-fifths of the global market. This growth is attributed to the rise in number of hospitals offering arthroscopy services and people's preference towards hospitals for shoulder arthroscopy owing to well established and high-quality instruments used in hospitals.
On the other hand, the ambulatory surgical centers segment is anticipated to be the fastest growing segment during the forecast period. The growth is attributed to the rise in number of ambulatory surgical centers in the developed countries and increase in awareness among population regarding advantages of ACS.
North America to maintain its dominance by 2032
North America dominated the market in 2022, accounting for nearly two-fifths share of the global market, owing to the well-established healthcare infrastructure and availability of highly advanced medical facilities in this region.
On the other hand, Asia-Pacific is anticipated to be the fastest growing segment during the forecast period, which is attributed to rise in healthcare expenditure, and developing healthcare infrastructure. In addition, healthcare providers are gaining awareness regarding new technologies for arthroscopy, which is expected to increase the adoption of these instruments in the Asia-Pacific region.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/175321
๐๐ก๐ข๐ฌ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐:
โข Enhance your strategic decision making
โข Assist with your research, presentations and business plans
โข Show which emerging market opportunities to focus on
โข Increase your industry knowledge
โข Keep you up-to-date with crucial market developments
โข Allow you to develop informed growth strategies
โข Build your technical insight
โข Illustrate trends to exploit
โข Strengthen your analysis of competitors
โข Provide risk analysis, helping you avoid the pitfalls other companies could make
โข Ultimately, help you to maximize profitability for your company.
๐๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฏ๐ข๐๐๐ฌ ๐๐จ๐ฎ ๐๐ง๐ฌ๐ฐ๐๐ซ ๐ญ๐จ ๐๐๐ฅ๐จ๐ฐ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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