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), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Arthroscopes Market
Global Arthroscopes Market is driven by the rising cases of orthopedic disorders and the need for proper diagnosis, treatment of the joints. The market is expected to grow at a CAGR of 5.50% in the forecast period of 2019-2026. This growth trend of the market can also be attributed to the technological advancements and developments in the market.
Market Definition: Global Arthroscopes Market
Arthroscopes are medical devices that 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.
- With the rising prevalence of orthopedic disorder, proper diagnosis and treatment of these disorders is required which is expected to drive the market growth
- Technological advancements and development of innovative devices is also expected to drive the market growth
- Lack of technically skilled and knowledgeable professionals able to operate the innovative and advanced devices, the market is expected to be restrained
- High cost of these devices is also expected to restrain the market growth
Segmentation: Global Arthroscopes Market
- By Type
- By Application
- By End-User
- Ambulatory Surgical Centers
- Specialty Orthopedic Centers
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
- North America
Key Developments in the Market:
- In October 2017, Arthrex Inc. announced its plans for expansion and construction of a new surgical devices and implant manufacturing facility. The construction for the facility is to begin by the first quarter of 2018 in Anderson County, South Carolina, USA.
- In October 2015, Wright Medical Group N.V. announced that they had completed the acquisition of Tornier N.V. This acquisition is expected to expand the specialization of the companies and strengthen the position in the market for orthopedics solutions.
Competitive Analysis: Global Arthroscopes Market
Global arthroscopes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of arthroscopes market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Arthroscopes Market
Few of the major competitors currently working in the arthroscopes market are Arthrex Inc., KARL STORZ SE & Co. KG, Maxer Endoscopy GmbH, Olympus Corporation, Smith & Nephew, Stryker, CONMED Corporation, DePuy Synthes, Medtronic, Richard Wolf GmbH, Zimmer Biomet, B. Braun Melsungen AG, Sklar Surgical Instruments, Millennium Surgical Corp, Wright Medical Group N.V., DJO Global, Breg Inc., Cannuflow, and Cortek Endoscopy Inc.
Research Methodology: Global Arthroscopes Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report:
- Current and future of global arthroscopes market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)