Global Arthroscopy Devices Market 2017-2024 with Deep Study on Influencing Factors For Future Outlook with Pin-Point Analysis to Increase Market Rapidly

Key Findings: Global Arthroscopy Devices Market

Global Arthroscopy Devices Market is expected to reach USD 14,957.97 million by 2024 from USD 7,886.20 million in 2016, at a CAGR of 8.4% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Arthroscopy Devices Market By Product Type (Arthroscopy Fluid Management Systems, Arthroscopy Visualization Systems, Arthroscopy Implants, Arthroscopy Shavers, Arthroscopy RF Ablation Systems, Arthroscopy RF Wands), By Procedure Type (Shoulder Arthroscopic Procedures, Hip Arthroscopic Procedures, Knee Arthroscopic Procedures, Others), By End User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Community Hospitals), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa))- Industry Trends and Forecast to 2024

Competitive Analysis

Some of the major factors driving the market for global Arthroscopy devices market are increase in geriatric and ageing population, increase in joint replacement surgery, increase demand for minimal invasive procedures and rise in sports related injuries. These factors demand the Arthroscopy devices system which boosts the market growth.
High cost of arthroscopic devices, implants and surgery may hinder the growth of the market.
Many companies are increasingly focusing on technological advancement of Arthroscopy devices in order to strengthen their product portfolios in the Arthroscopy devices market.

Market Segmentation: Global Arthroscopy Devices Market

The global Arthroscopy devices market is segmented on the basis of components, products, application and services. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.

Based on product type, the global arthroscopy devices market is segmented into arthroscopes, arthroscopy fluid management systems, arthroscopy visualization systems, arthroscopy implants, arthroscopy shavers, arthroscopy RF ablation systems and arthroscopy RF wands. The arthroscopy devices market is dominated by arthroscopes implants with 36.1% market share in 2016, growing with the CAGR of 8.4% in the forecast period. Arthroscopy implants are further segmented into shoulder repair implants, hip repair implants, knee repair implants and others repair implants. Shoulder repair implants are further sub segmented into suture anchors and knotless anchors. Hip repair implants are further sub segmented into suture anchors and knotless anchors. Knee repair implants is further sub segmented into suture anchors, knotless anchors and interference anchors.

On the basis of end users, the global arthroscopy devices market is classified into hospitals, ambulatory surgical centers, orthopedic clinics and community hospitals. Among these, in 2017 hospital segment dominated the market and the trend is expected to remain the same till 2024.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

On the basis of procedure type, the global arthroscopy devices market is segmented into knee arthroscopy procedure, shoulder arthroscopy procedure, hip arthroscopy procedure and other arthroscopy procedure. In 2017, the knee arthroscopy procedure segment is expected to dominate the market with 52.9% market share

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Top Competitors of Market

• Depuy Synthes (subsidiary of Johnson & Johnson Services, Inc.),
• Stryker,
• Conmed Corporation and Zimmer Biomet
• Arthrex, Inc.,
• Medtronic,
• Wright Medical Group N.V.,
• Biotek (Chetan Meditech Pvt. Ltd.),
• GPC Medical Ltd,
• Vimex SP.
• Richard Wolf Gmbh,
• Karl Storz SE & CO.

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