Arthroscopy Devices Market
The Global Arthroscopy Devices Market size is estimated to be USD 4.53 billion in 2019 and is predicted to reach USD 7.97 billion by 2030 with a CAGR of 5.20% from 2020-2030.
Arthroscopy Devices are generally used by the orthopedic surgeons for the examination of joint related problems. This helps in the diagnosis and treatment of the various disorders such as osteoarthritis, rheumatoid arthritis and others. These devices consist of small lenses for the magnification of joints and also consist of optical fibers to provide required light at the specific point for better evaluation.
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Top Companies: Conmed Corporation, Arthrex, Inc., KARL STORZ GmbH & Co. KG, Johnson & Johnson, Richard Wolf GmbH, Medtronic, Plc, Stryker Corporation, Smith & Nephew, Plc, Zimmer Biomet Holdings, Inc., Wright Medical Group N.V., Bioventus, Active implants, Cannuflow, Inc., Breg, Flexion Therapeutics, DJO Global, Inc., NuOrtho Surgical, Inc., MinInvasive Ltd, OrthoSpace and others.
The global arthroscopy devices market share is analyzed on the basis of product, application, end user and geography. On the basis of product, the market is segmented into arthroscopes, arthroscopic implants, fluid management systems, radiofrequency (RF) systems, visualization systems, powered shaver systems, and other arthroscopy equipment. The arthroscopic implants are sub segmented into Knee Implants, Hip Implants, Shoulder Implants, and Other Implants. The Radiofrequency (RF) Systems segment is further divided into RF Generators, Radiofrequency Probes & Wands, and Footswitch. On the basis of application, the arthroscopy devices market is divided into Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot & Ankle Arthroscopy, Shoulder & Elbow Arthroscopy, and Other. On the basis of end user, the market is divided into hospitals, ambulatory surgical centers, and orthopedic clinics. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
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North America represents the develop arthroscopy devices market and hold the major market share over the forecast period owing to the increased adoption of advanced technology and advanced devices coupled with increased prevalence of orthopedic disorders and increase in sports injuries are expected to drive the growth of arthroscopy devices market. Asia Pacific is expected to develop rapidly over the forecast period owing to the increase in geriatric population, developing healthcare facilities, increase in joint replacement surgeries and increase in minimally invasive surgeries are further expected to be major growth factors for the arthroscopy devices market.
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