Global Arthroscopes Market, By Type (Rigid, Semi-Flexible), Application (Knee, Shoulder, Wrist, Foot, Ankle, Hip), End-User (Hospitals, Ambulatory Surgical Centers, Clinics, Specialty Orthopedic Centers), Product (Powered Shaver Systems, Visualization Systems, Fluid Management Systems, Ablation Systems, Arthroscopes, Arthroscope Implants, Accessories and Disposables), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Arthroscopes Market
Arthroscopes market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 5.45% in the above-mentioned forecast period. Rising geriatric population and incidence of target conditions drives the arthroscopes market.
Arthroscopes are the type of medical devices which are used for the diagnosis and treatment of several orthopedic disorders related to a number of joints namely knee, shoulder, wrist, foot, ankle and hip. It is majorly used in minimally invasive surgeries for the treatment of ACL tears, knee implants, and other major joints. It is also used for the diagnosis and viewing of several ligaments and cartilages as arthroscopes are equipped with a camera at one end for the viewing and diagnostic procedures.
Increasing preference for Mis procedures is the vital factor escalating the market growth, also rising ongoing technological advancements, rise in demand for minimal invasive procedures, rising rapidly aging global population, increase in number of sports-related injuries, increasing shorter recovery time and minimal postoperative complications and rising prevalence of musculoskeletal disorders coupled with growing demand for minimally invasive surgeries are the major factors among others driving the arthroscopes market. Moreover, rising upsurge in obesity rate in population, rising expansion and modernization of healthcare infrastructure across emerging countries and rising research and development activities in the market will further create new opportunities for arthroscopes market in the forecasted period of 2021-2028.
However, increased cost of arthroscopy instruments and rising reimbursement challenges in the medical device industry are the major factors among others which will obstruct the market growth, while rising dearth of trained personnel and rising shift in decision-making in hospitals will further challenge the growth of arthroscopes market in the forecast period mentioned above.
This arthroscopes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on arthroscopes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Arthroscopes Market Scope and Market Size
Arthroscopes market is segmented on the basis of type, application, end-user and product. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the arthroscopes market is segmented into rigid and semi-flexible.
- Based on application, the arthroscopes market is segmented into knee, shoulder, wrist, foot, ankle and hip.
- Based on end-user, the arthroscopes market is segmented into hospitals, ambulatory surgical centers, clinics and specialty orthopedic centers.
- The arthroscopes market is also segmented on the basis of product into powered shaver systems, visualization systems, fluid management systems, ablation systems, arthroscopes, arthroscope implants and accessories and disposables.
Arthroscopes Market Country Level Analysis
Arthroscopes market is analysed and market size insights and trends are provided by country, type, application, end-user and product as referenced above.
The countries covered in the arthroscopes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the arthroscopes market due to rising prevalence of joint related disorders, such as osteoarthritis, rheumatoid arthritis, and sports injuries and the increasing geriatric population in this region. Asia-Pacific is the expected region in terms of growth in arthroscopes market due to increased incidence of musculoskeletal disorders, rising ongoing technological advancements, rising aging population, and a strong medical device manufacturing sector in this region.
The country section of the arthroscopes market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Arthroscopes market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for arthroscopes market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the arthroscopes market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Arthroscopes Market Share Analysis
Arthroscopes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to arthroscopes market.
The major players covered in the arthroscopes market report are Arthrex Inc., KARL STORZ SE & Co. KG, Maxer Endoscopy GmbH, Olympus Corporation, Smith & Nephew, Stryker, CONMED Corporation, Medical Device Business Services, Inc., Medtronic, Richard Wolf GmbH, Zimmer Biomet, B. Braun Melsungen AG, Sklar Surgical Instruments, Millennium Surgical Corp, Wright Medical Group N.V. or its affiliates.., DJO Global, Breg Inc., Cannuflow, and Cortek Endoscopy Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.