The global arthroscopy instruments market is expected to gain prominence over the forecast period (2018–2023). It is estimated that the global arthroscopy instruments market is expected to register a CAGR ~6.5 % during the forecast period of 2018–2023.
A number of factors such as the increasing preference for minimally invasive procedures, ongoing technological advancements, and improving regulatory framework are fueling the growth of the global arthroscopy instrument market. Additionally, increasing incidence of sports-related musculoskeletal disorders, such as the bone tumor, rheumatoid arthritis, and osteoarthritis, are propelling the growth of this market. The world health organization predicts the prevalence of rheumatoid arthritis to be between 0.3% and 1% and more common in women and developed countries. Moreover, the prediction also states that 9.6% of men and 18.0% of women aged over 60 years have osteoarthritis.
Key Players
Some of key the players in the global arthroscopy instrument market Smith & Nephew (U.K.), Arthex (U.S.), DePuy Synthes (U.S.), Stryker (U.S.), Conmed (U.S.), Medtronic, Inc. (U.S.), Zimmer Biomet (U.S.), B. Braun (Germany), Olympus (Japan), Karl Storz (Germany), Richard Wolf (Germany), Medicon (Germany), Sklar (U.S.), GPC Medical (India), Millennium (U.S.), and others.
Segmentation
The global arthroscopy instrument market is segmented on the basis of product, application, and end-user.
On the basis of product, the market is classified into arthroscope, arthroscopic implants, fluid management systems, visualization systems, radiofrequency system, power shavers and others. The arthroscopic implants are further segmented as knee implants, hip implants, shoulder implants, and others. The radiofrequency systems are further segmented as RF generators, RF probes, and wands and footswitch.
On the basis of application, the market is segmented into knee arthroscopy, hip arthroscopy, spine arthroscopy, foot and ankle arthroscopy, shoulder arthroscopy, and others (wrist and hand arthroscopy).
On the basis of end-user, the market is segmented into hospitals, ambulatory surgical centers, and others.
Global Arthroscopy Instruments Market, by Product
Global Arthroscopy Instruments Market, by Application
Global Arthroscopy Instruments Market, by End-User
Company Profiles