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Healthcare News

Arthroscopy Devices Market By Product – Global Industry Analysis And Forecast To 2023

Industry Outlook and Trend Analysis

Arthroscopy Devices Market was worth USD 3.41 billion in 2014 and is expected to reach approximately USD 5.83 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.15% during the forecast period. Arthroscopy is performed for the reconstruction of ligament and tendon, evacuating worn cartilages and cruciate and meniscus tears in the joints. It is receiving considerable significance as a minimally invasive surgery on the grounds that there is no danger of disease which ordinarily is susceptible in open medical procedures. For knee arthroscopy including the trimming of free ligaments no crutches and splints are required yet for confounded medical procedures, for example, reconstruction of the anterior cruciate tendon crutches are needed.

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Product Outlook and Trend Analysis

Arthroscopy devices are used for analysing the joints for any detailed damages because of injury and furthermore the specialists can carry out a minimal invasive surgical procedure on the joints. Arthroscopes and arthroscopy visualization frameworks are the most commonly utilized devices by the orthopaedic specialists for directing visual investigation of the joints in patients dealing with Kellgren Lawrence osteoarthritis.

Regional Outlook and Trend Analysis

North America is known as a huge market in arthroscopy devices attributable to the expanding number of senior populace enduring with Kellgren Lawrence osteoarthritis and existence of cardinal players of arthroscopy devices market. In Europe there is rising commonness of bone diseases, for example, osteomyelitis, hip dysplasia and rickets supporting interest for minimally invasive arthroscopy medical procedure. Asia Pacific is set to capture the arthroscopy devices market because of rising osteoporosis in aged populace.

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Competitive Insights

The major players in the market are Stryker Corporation, Smith & Nephew, CONMED Corporation, Olympus Corporation, Arthrocare Corp, CorTek Endoscopy Inc, Cannuflow Inc, BioTek, Covidien Ltd, Arthrex and DePuy Synthes Companies. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Arthroscopy Devices Market is segmented as follows-

By Product

Arthroscopy Fluid Management System
Fixation Devices
Arthroscopes
Arthroscopy Shavers
Cannulae
Arthroscopy Radio Frequency System
Arthroscopic Implants
Arthroscopy Visualization System

By Region

North America

U.S.
Canada
Mexico

Europe

Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America

Brazil
Argentina
Columbia
South Africa
Rest of South America

Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

Some of the key questions answered by the report are:

What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities
Continued…
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