Infinium Global Research has added a new report on Arthroscopy
Device Market. The report presents analysis of global as well as
regional markets of arthroscopy device market over the period of 2016 to 2024.
The rise in occurrence of musculoskeletal disorders such as
osteoarthritis and rheumatoid arthritis due to the rise in geriatric population
worldwide is the significant factor to drive the demand for arthroscopy devices.
Increasing sports activities and rise in number of sport injuries is another
factor that will fuel the growth of this market. From 2013-2015, around
54.4 million adults in the U.S. were diagnosed with arthritis and the number is
predicted to reach 78.4 million by 2040 say Centers for Disease Control and
Prevention (CDC). Moreover, low risks of post-operation infections and faster
recovery time, patients and physicians prefer arthroscopy products and
procedures. Growing need of joint replacement is likely to drive the growth in
this market. On the other hand, lack of skilled professionals and disapproving
compensation policies are likely to hamper the growth of the market.
Among the regions, North America is expected to be the largest
market for arthroscopy device. The technology advancement and developed
healthcare infrastructure is this region is likely to drive the growth of the
market, Moreover, the rise in geriatric population in this region and increase
in number of sports activities is likely to boost the growth in North America
region. Europe is the second largest market of arthroscopy device market. The
growth in Asia-Pacific region is driven the emerging countries such as China
and India. The high occurrence of musculoskeletal disorders, and a strong
medical device-manufacturing sector in China is likely to boost the growth in
the market.
Moreover, the growth matrix presented by Infinium Global
Research identifies the key investment markets in the near future, this will
not only help the companies to understand the competitive position in the
global arthroscopy device market but also make strategic decisions to capture
the most lucrative markets in the near future.
The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
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The recent report identified that North America dominated the
global arthroscopy device market over the last couple of years, while emerging
markets of Asia-Pacific and Latin America are anticipated to contribute
significantly to the growth in the arthroscopy device market worldwide.
The report segments the global arthroscopy device market on the
basis of Devices Type and End-user.
Global Arthroscopy Device Market by Devices Type
·
Arthroscopy Implants
·
Arthroscopes & Visualization Systems
·
Arthroscopy Resections
·
Arthroscopy Radiofrequency Systems
·
Arthroscopy Fluid Management
Global Arthroscopy Device Market by End-user
·
Hospitals And Ambulatory Surgery Centers
·
Diagnostic Centers
·
Independent Clinics
Companies Profiled in the Report
·
Johnson & Johnson
·
Medtronic, Plc
·
Arthrex, Inc.
·
Richard Wolf GmbH
·
KARL STORZ GmbH & Co. KG
·
Stryker Corporation
·
Smith & Nephew, Plc
·
Zimmer Biomet Holdings, Inc
·
Wright Medical Group N.V.
·
Others
About Infinium Global Research
Infinium Global Research is a business intelligence company
that provides its clients with market information services, solutions, and
reports. The intelligence reports include qualitative as well as quantitative
information, which are blended using forecasting models in order to project
future market demand. Our panels of Subject Matter Experts (SMEs), Analysts,
and Consultants use numerous data gathering tools in order to provide you with
detailed information on the market as well as a preview of its projected
growth. Our repository includes the largest and most credible databases,
through which we determine various qualitative and quantitative parameters of
the market to provide you with an in-depth business intelligence report.
