Smith & Nephew, Depuy Synthes (Subsidiary of Johnson & Johnson Services, Inc.), Stryker, Conmed Corporation and Zimmer Biomet are Dominating the Market for Global Arthroscopy Devices Market In 2016

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.

Global Arthroscopy Devices MarketAccess Full Report: http://databridgemarketresearch.com/reports/global-arthroscopy-devices-market/

The global Arthroscopy devices market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Smith & Nephew dominated the Arthroscopy devices market accounting for a highest market share in 2016, followed by Depuy Synthes (subsidiary of Johnson & Johnson Services, Inc.), Stryker, Conmed Corporation and Zimmer Biomet. Other players in this market include Arthrex, Inc., Medtronic, Wright Medical Group N.V., Biotek (Chetan Meditech Pvt. Ltd.), GPC Medical Ltd, Vimex SP. Z O. O., Richard Wolf Gmbh, Karl Storz SE & CO. KG among others.

SMITH & NEPHEW:

Founded in 1856 and headquartered in London, United Kingdom; Smith &Nephew is engaged in the development and marketing of medical products and services. The company operates through four business segments, namely Sports Medicine, Advanced Wound Care Management, Orthopaedic Reconstruction, and Trauma and Extremities. The sports medicine segment offers a wide range of technologies or implants for repair of soft tissue injuries, fluid management equipment for surgical access, digital cameras, digital image capture, scopes, light sources and monitors to assist with visualization, radiofrequency wands, electromechanical and mechanical blades and, hand instruments for resecting damaged tissue. Orthopedic reconstruction segment offers products pertaining to joint replacements of knees, hips and shoulder, and ancillary products such as bone cement.

Smith & Nephew has more than 100 operating companies across the United States, Europe, Middle-East, Africa, and Asia-Pacific. Some of its subsidiaries include Blue Belt Technologies (London), Hipco, Inc. (U.S.), Lumina Adhesives (Sweden), Bioventus LLC (U.S.), Blue Sky Medical Group, Inc.(U.S.), Healicoil, Inc. (U.S), Kalypto Medical, Inc. (U.S.), Oratec Interventions, Inc. (U.S), LifeModeler, Inc. (U.S.), Neotherix Ltd. (London).

ZIMMER BIOMET:

Founded in 1927 and is headquartered at Warsaw, Indiana, U.S., Zimmer Biomet manufactures, designs and market orthopedic reconstructive items; biologics, sports medicines, extremities, biologics and injury products; bone mending, spine, craniomaxillofacial and thoracic products, dental implants and related surgical items. Its products help in treating the patients who are suffering from disorders, injuries related to joints, bones or supporting tissues.

Zimmer Biomet has its operations in more than 25 countries around the world. the company operates through various subsidiaries which includes Biomet (U.S.), Medtech (France), LDR Holding Corp. (U.S.), Zimmer Spine Inc. (U.S), Zimmer GmbH (Europe), Zimmer Co. Ltd. (Korea), EBI Holdings LLC. (U.S.) among others.

Recent Development:

In April 2016, Zimmer Biomet acquired Cayenne Medical. This will help company to accelerate Cayenne’s portfolio of minimally invasive soft tissue and reconstruction solutions for extremities.

CONMED CORPORATION:

Founded in 1970 and headquartered at Utica, New York, U.S. CONMED Corporation is engaged in the development and marketing of surgical and patient monitoring products and services. The company operates through three business segments, namely, Orthopedic Surgery, General Surgery, and Surgical Visualization. The orthopedic segment offers a wide range of products for knee, shoulder, hip, foot and ankle, hand and wrist. General surgery segment includes wide range of laparoscopic, robotic and open surgery products.

CONMED Corporation has 27 operating companies across the United States, Europe, and Asia-Pacific. Some of its subsidiaries includeAspen Laboratories, Inc. (Colorado), Andover Medical, Inc. (New York), Consolidated Medical Equipment Company (Mexico), EndoDynamix, Inc. (Delaware), GWH Limited Partnership (Florida), Linvatec Belgium NV (Belgium), Viking Systems, Inc. (Delaware).