CAGR of 7.5%, Arthroscopy Devices Market Size | Value Projected to Expand by 2022-2031
Pune, Maharashtra, India, September 16 2022 (Wiredrelease) Prudour Pvt. Ltd –:Arthroscopy is a minimally invasive surgical procedure on joints. It is used both diagnostically and therapeutically. Arthroscopic surgery is performed with an arthroscope, which is a small camera that is inserted into the joint through a small incision. The camera allows the surgeon to see the inside of the joint and to treat various conditions.
The Arthroscopy Devices Market size was valued at USD 5.02 Billion in 2020 and is projected to reach USD 9.29 Billion by 2028, growing at a CAGR of 7.5%.
Market Dynamics Arthroscopy devices
Drivers: An increasing number of cases involving sports injuries will drive market growth.
The growing number of sports injuries will drive market growth. This will be accompanied by an increase in the number of joint replacement surgeries. An arthroscopy device is used by orthopedic surgeons to diagnose joint-related problems. To deliver light, optical fibres and small lenses can be used to magnify the affected joint.
A rise in the incidence of musculoskeletal disease will boost the market’s growth.
The rising prevalence of musculoskeletal disorders such as rheumatoid arthritis and Osteoarthritis will increase the demand for arthroscopy products.
A major driver for the market’s growth will be the growing number of government initiatives to increase awareness about treatment options. Market growth is also driven by rising healthcare awareness and improved infrastructure. The market will grow due to the rising geriatric population as well as the increasing adoption of minimally invasive (MI) treatments. Market growth will be influenced by technologically advanced products and innovations in sports medicine.
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Opportunities: Increase in R&D activities
An increase in research-and-development activities will bring about a positive market for arthroscopy devices. This will be accompanied by the expansion and modernization healthcare infrastructure in emerging economies that will increase the market’s growth rate over the coming years.
Restraints/Challenges
The market will be hampered by the high price of arthroscopy equipment. The market for arthroscopy equipment will also face major challenges due to a shortage of qualified professionals. The market’s growth rate will be hampered by changes in hospital decision-making and strict regulatory requirements.
This market report on arthroscopy devices provides information about recent developments, trade regulations and import-export analysis. It also analyzes the impact of local market players and emerging revenue pockets. Our team can help you make informed market decisions to grow your market share by providing more information on the arthroscopy device market.
Competitive Strategy
To improve their market position in the global Arthroscopy Devices marketplace, key players now focus on product innovations, mergers/acquisitions, recent developments and joint ventures, collaborations, and partnerships. Market players compete based on product quality. This market is dominated by major players who invest in R&D, manufacturing, and infrastructure development. They also look to integrate opportunities across the value chain.
Key Takeaways from the Competitive Landscape Section:
* A comprehensive overview of the profiles of each company of interest
* Participation in revenue share
* Analysis of each key player’s industrial chains
* Business growth strategies mastered by top market players
Key players operating in the global Arthroscopy Devices market are:
Stryker
Smith & Nephew
Arthrex
CONMED
DePuy Synthes
Ackermann Instrumente
Advanced Endoscopy Devices
Aesculap AG & Company
ArthroCare
Arthrotek
Aurora Spine
Autocam Medical
BIOTEK
CorTek Endoscopy
Dausch Instrumente
Dufner Instrumente
Ethi
Worldwide Arthroscopy Devices Market Segmentation
Analysis by Product Type
Arthroscopic Implants
Arthroscopy Instruments and Accessories
Arthroscopes
Analysis by Applications Type
Hospitals
Ambulatory Surgical Centers
Regional Segment Analysis of the Arthroscopy Devices Market
– North America (U.S., Canada, Mexico)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Rest of APAC)
– South America (Brazil and the Rest of South America)
– The Middle East and Africa (UAE, South Africa, Rest of MEA)
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Research Methodology by Market.us
Five phases will be used to conduct research on the keyword market. These include primary research as well as secondary research. Subject matter expert advice and quality control are also included. After gaining a better understanding of the requirements, secondary research was conducted to identify segment specifications, qualitative and quantitative data as well the factors driving the market growth. Secondary sources used in the study are press releases, annual reports from companies and research papers that relate to the industry.
For precise information on market expansion opportunities, data was also gathered from various sources, including trade journals, industry magazines, government websites and associations. Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Faction, Bloomberg, One Source and Hoovers, which proved to be useful for in-depth technical study of the market.
This report answers the following 12 key questions
1. Is Arthroscopy Devices a booming industry?
2. How big is the Arthroscopy Devices market?
3. How fast is the Arthroscopy Devices industry growing?
4. Who are the key players in Arthroscopy Devices?
5. Which industry uses Arthroscopy Devices the most?
6. What is the Arthroscopy Devices market growth?
7. Which region held the largest arArthroscopy Devices market share?
8. What factors drive the Arthroscopy Devices market?
9. What are the business risks and threats to the market?
10. What are the emerging trends in this market and the reasons behind them?
11. What are some changing demands of customers in the market?
12. What are the new developments in the market? Which companies are leading these developments?
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TOC Highlights:
Chapter 1 Preface
This segment provides opinions of key participants, an audit of Arthroscopy Devices industry, market outlook across key regions, financial services, and various challenges faced by Arthroscopy Devices market. It briefly introduces the global Arthroscopy Devices market. This section depends on the Scope of the Study and Report Guidance.
Chapter 2 Executive Summary
It elaborated market outlook by segmentation in Arthroscopy Devices market. In addition, it also represents the market snapshot covered in the report.
Chapter 3 Market Dynamics
This section comprises current market dynamics in the Arthroscopy Devices market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in Arthroscopy Devices market. It also includes SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the Arthroscopy Devices market.
Chapter 4 Global Arthroscopy Devices market Analysis, Opportunity, and Forecast, 2016-2032
This chapter comprises the current scenario of the Global Arthroscopy Devices market in 2021, including forecast estimation for 2023-2032.
Chapter 5 Geographic Analysis
This section has covered in-depth regional market share analysis and carefully scrutinized it to understand its current and future growth, development, and demand scenarios for this market.
Chapter 6 Covid-19 Impact
This section briefly describes the positive and negative impact of the COVID-19 Pandemic on the Global Arthroscopy Devices Market.
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Chapter 7 Pricing Analysis
This chapter provides price point analysis by region and other forecasts.
Chapter 8 Competitive Landscape
It includes major players in the Arthroscopy Devices market. Moreover, it also covers the detailed company shares analysis in the report based on their product’s demand, and market served, the number of products, applications, regional growth, and other factors.
Chapter 9 Research Methodology
The research methodology chapter includes the following main facts,
9.1 Coverage
9.2 Secondary Research
9.3 Primary Research
Chapter 10 Conclusion
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