Arthroscopy Devices Market Research Report, Share, and Forecast to 2025Posted by rekha on November 6th, 2019 “The Global Arthroscopy Devices Market was valued at US$ 4,262.7 Mn in 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing to rising prevalence of sports injuries coupled with increasing elderly population” Precision Business Insights (PBI) in its report titled “Global Arthroscopy Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global arthroscopy devices market was valued at US$ 4,262.7 Mn in 2018 and growing at a CAGR of 6.2% over the forecast period owing to encouraging government initiatives and improved medical tourism are projected to witness the growth of market over the forecast years. Numerous innovations in arthroscopy devices such as the improvement or development of HD and ultra HD arthroscopic visualization systems have upgraded the visualization of a patient’s anatomy, developing technologies in arthroscopic implants are estimated to drive the growth of the market. For example, in 2016 September, Vanguard total knee arthroplasty implant was launched by Zimmer Biomet and in 2016 February, Smith & Nephew and OrthAlign has entered into a multi-country distribution agreement for the distribution of total knee arthroplasty technology in various countries of the Middle East and Africa. However, the average standard cost of an outpatient treatment is very high for complicated tears that ranges between US$ 7400 – 9000 is the major restraining factor for the growth of the market. Global arthroscopy devices market segmented on the type of product, application, end user, and region. Request for Sample Report @ https://www.precisionbusinessinsights.com/request-sample?product_id=16985 Knee arthroscopy segment accounted for higher revenue share Based on application, global arthroscopy devices market is segmented into knee, spine, foot and ankle, hips, shoulder and elbows. Knee arthroscopy segment accounted for the largest market share in 2018 and is expected to grow with highest CAGR over the forecast period owing to increasing geriatric population and occurrence of degenerative knee disease are observed mainly in elderly people. According to WHO, among the people of 50 years old, approximately 25% are suffering from degenerative knee disease. North America holds leading position in Global Arthroscopy Devices Market PBI’s global arthroscopy devices market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to increasing number of geriatric population in the region and the number of arthroscopies performed have seen drastic growth over the past decade in the region are the major factors due to which the market in North America holds highest market share in global market. Increasing adoption of innovative and novel technologies in the region is the major factor driving the growth of the market over the forecast years. Countries such as Brazil, South Africa, Saudi Arabia, and other emerging countries are expected to have significant growth over the forecast years. Recent Developments in the Global Arthroscopy Devices Market
Key player’s profiles in the report are Conmed Corporation (U.S), Arthrex, Inc. (U.S), KARL STORZ GmbH & Co. KG (Germany), Johnson & Johnson (U.S), Medtronic, Plc (U.S), Smith & Nephew, Inc.(U.S), Richard Wolf GmbH (Germany), Stryker Corporation (U.S), Zimmer Biomet Holdings, Inc. (U.S)., Wright Medical Group N.V.(U.S) Detailed Segmentation
By Type of Product o Arthroscopes o Arthroscopic implants o Others By Application o Knee o Spine o Foot and ankle o Hips o Shoulder and elbow
By End User o Hospitals o Orthopaedic clinics o Others Geography
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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