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(Medical-NewsWire.com, January 16, 2019 ) According to the new market research report “Arthroscopy Instruments Market by Type (Implants, Arthroscope, Visualization System, Surgical Shaver, RF Ablation, Fluid Management), Application (Knee, Hip, Shoulder), End User (Hospitals, Ambulatory Surgery Centers & Clinics) - Global Forecast to 2022", The global arthroscopy instruments market is projected to reach USD 5.61 Billion by 2022 from 4.17 Billion in 2017, at a CAGR of 6.1% during the forecast period.
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The report analyzes and studies the major drivers, restraints, opportunities, and challenges of the arthroscopy instruments market in North America, Europe, Asia Pacific, and the Rest of the World (RoW). The high incidence of sports injuries, growing geriatric population, rising inclination of patients and hospitals towards minimally invasive surgeries, technological advancements in arthroscopy products, and an efficient reimbursement system in developed countries are some of the factors driving the growth of the market.
Based on type, arthroscopic implants segment accounted for the segment of the market in 2017
On the basis of type, the market is segmented into arthroscopic implants, arthroscopes, visualization system, RF ablation system, motorized shavers, and fluid management system. The arthroscopic implants segment is expected to have the largest share in the arthroscopy instruments market in 2017 due to the use of these implants in a majority of arthroscopic surgeries.
Browse and in-depth TOC on “Arthroscopy Instruments Market”
67 - Tables
22 - Figures
136 - Pages
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North America accounted for the largest share of the arthroscopy instruments market in 2017
Geographically, the arthroscopy instruments market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2017, owing to the presence of a large and increasing patient population accompanied by a well-established medical reimbursement policy and initiatives by government & private hospitals expand endoscopy facilities in the region.
The major players of the arthroscopy instruments market areArthrex (US), Smith & Nephew (UK), DePuy Synthes (US), Stryker (US), Zimmer Biomet (US), CONMED (US), Medtronic (Ireland), Karl Storz (Germany), B. Braun (Germany), Olympus (Japan), Richard Wolf (Germany), MEDICON (Germany), Sklar (US), Millennium (US), and GPC Medical (India).
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