Tag: arthroscopy devices and equipment market growth

  • What Will The Arthroscopy Devices And Equipment Market Look Like In 2023?

    What Will The Arthroscopy Devices And Equipment Market Look Like In 2023?

    The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

    The Business Research Company’s arthroscopy devices and equipment market report forecasts the arthroscopy devices and equipment market size to grow to$7.43 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

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    Arthroscopy Devices And Equipment Market Size Forecast
    The global arthroscopy devices and equipment market is expected to grow from $5.27 billion in 2022 to $5.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The arthroscopy devices and equipment market size is expected to grow to $7.43 billion in 2027 at a CAGR of 7.1%.

    North America held the largest arthroscopy devices and equipment market share.

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    Key Arthroscopy Devices And Equipment Market Trend – Witnessing A Rise In Mergers And Acquisition Activity
    Major companies in the arthroscopy device market strategically acquired start-ups and mid-sized companies to broaden their products and services. For instance, in 2020, Olympus Corporation acquired FH ORTHO SAS. The acquisition is in line with Olympus’ commitment for expanding its footprint in the field of orthopaedic minimally invasive surgery. FH ORTHO SAS is a n international orthopaedic company.

    Arthroscopy Devices And Equipment Market Segment
    1) By Product: Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Radiofrequency System, Arthroscopy Visualization System, Arthroscopy Implants
    2) By Application: Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot & Ankle Arthroscopy, Shoulder & Elbow Arthroscopy, Other Applications
    3) By End User: Hospitals, Ambulatory Care, Trauma Centers

    Arthroscopy Devices And Equipment Market Major Players and Strategies
    Major players in the arthroscopy devices and equipment market are Arthrex Inc., Smith & Nephew, ConMed Corporation, Stryker, Medtronic, Karl Storz SE & CO. KG, ArthroCare, Richard Wolf Gmbh, Karl Storz SE & CO. KG, and DePuy Synthes Companies.

    In January 2021, Smith+Nephew, a company operating in the arthroscopy devices and equipment based in the UK acquired Extremity Orthopaedics for a deal amount of $240 million. With this acquisition, Smith+Nephew expands and strengthens its portfolio in extremities. Extremity Orthopaedics is a company operating in medical technology and arthroscopy devices and equipment market-based in the United States.

    The Arthroscopy Devices And Equipment Global Market Report 2023 covers regional data on arthroscopy devices and equipment market size, arthroscopy devices and equipment market trends and drivers, opportunities, strategies, and arthroscopy devices and equipment market competitor analysis. The countries covered in the arthroscopy devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

    Arthroscopy devices and equipment are used in arthroscopy procedures (a minimally invasive procedure) for the diagnosis and treatment of joint problems such as torn cartilage, ACL, and sports-related injuries of the hip, knee, shoulder, spine, ankle, wrist, and elbow.

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  • Arthroscopy Devices And Equipment Market Forecast 2024-2033: Anticipated Size and Growth Trends

    Arthroscopy Devices And Equipment Market Forecast 2024-2033: Anticipated Size and Growth Trends

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    What is the Expected Growth Rate of the Arthroscopy Devices And Equipment Global Market Report 2024 Market from 2024 to 2033?

    The arthroscopy devices and equipment market has seen strong growth. It is expected to grow from $5.64 billion in 2023 to $6.05 billion in 2024, at a CAGR of 7.1%. The rising prevalence of orthopedic conditions, the shift toward minimally invasive surgeries, an aging population, and the popularity of sports medicine have fueled this growth.

    The arthroscopy devices and equipment market will experience strong growth, reaching $7.95 billion by 2028 at a CAGR of 7.1%. Growth drivers include emerging markets, regulatory support, and telehealth. Trends include augmented reality, AI, and 3D printing.

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    What Key Factors Are Fueling the Growth of the Arthroscopy Devices And Equipment Global Market Report 2024 Market?

    The expanding older population is expected to propel growth in the arthroscopy devices and equipment market. As people age, they are more susceptible to joint-related conditions such as osteoarthritis, which often requires arthroscopic procedures for treatment. According to the World Health Organization (WHO), by 2030, 1 in 6 people worldwide will be aged 60 or older. This growing demographic will drive the need for arthroscopy devices in the coming years.

    What Are the Major Segments of the Arthroscopy Devices And Equipment Global Market Report 2024 Market?

    1) By Product: Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Radiofrequency System, Arthroscopy Visualization System, Arthroscopy Implants

    2) By Application: Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot & Ankle Arthroscopy, Shoulder & Elbow Arthroscopy, Other Applications

    3) By End User: Hospitals, Ambulatory Care, Trauma Centers

    What New Trends Are Transforming the Arthroscopy Devices And Equipment Global Market Report 2024 Market?

    Companies in the arthroscopy devices market are developing new technologies like the LENS 4K surgical imaging system for 4KO optimized arthroscopes to improve surgical procedures. In April 2021, Smith & Nephew launched a 4K surgical imaging platform that enhances visualization and image quality, expanding the capabilities of arthroscopic surgeries.

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    Which Regions Are Driving Growth in the Arthroscopy Devices And Equipment Global Market Report 2024 Market?

    North America was the largest region in global arthroscopy devices and equipment market in 2023. Western Europe was the second-largest region in global arthroscopy devices and equipment market. The regions covered in the arthroscopy devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

    The Arthroscopy Devices And Equipment Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the arthroscopy devices and equipment global market report 2024 market, its market share, and analyzes key competitors along with their market positions.

    The Table Of Content For The Arthroscopy Devices And Equipment Global Market Report 2024 Market Include

    1. Arthroscopy Devices And Equipment Global Market Report 2024 Market Executive Summary

    2. Arthroscopy Devices And Equipment Global Market Report 2024 Market Segments

    3. Arthroscopy Devices And Equipment Global Market Report 2024 Market Size And Template Market Growth Rate

    4. Key Arthroscopy Devices And Equipment Global Market Report 2024 Market Trends

    5. Major Arthroscopy Devices And Equipment Global Market Report 2024 Market Drivers

    ……

    25. Key Mergers And Acquisitions In The Arthroscopy Devices And Equipment Global Market Report 2024 Market

    26. Top Arthroscopy Devices And Equipment Global Market Report 2024 Companies

    27. Arthroscopy Devices And Equipment Global Market Report 2024 Market Opportunities And Strategies

    28. Arthroscopy Devices And Equipment Global Market Report 2024 Market, Conclusions And Recommendations

    29. Appendix

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