Overview of the global arthroscopes market insights
Technavio’s market research analysts have identified the growing incidence of orthopedic disorders as one of the primary factors that will trigger the growth of the arthroscopes market size in the coming years. Arthroscopes are used by physicians to view the joint area to detect, diagnose, and repair the joint tissues such as ligaments. Surgeons can easily visualize and treat the disorder as the arthroscopes are equipped with the camera head. Arthroscopes find their application in the MI surgery procedure which is utilized to treat ACL reconstruction, knee replacement, shoulder, ankle, elbow, and hip joints. Moreover, this equipment is used to view and diagnose synovium, hyaline cartilage, fibrocartilage, and ligaments. According to arthroscopes market forecast, this market will grow steadily at a CAGR of more than 5% by 2022.
The increasing technological improvements are one of the key trends in the arthroscopes market. Advanced arthroscopes are in huge demand from the end-users due to the recent technological advancements. To achieve a successful surgical outcome, arthroscopy techniques require advanced technological applications. This factor is compelling the manufacturers to enhance and integrate innovative technological platforms in arthroscopes.
Companies covered
The arthroscopes market has several vendors. The arthroscopes market insights offer information about the competitive environment among companies in the arthroscopy devices market and offer an analysis of the key companies and their products. Moreover, the report also provides information about key areas the players are currently focusing on and the strategies they have followed to sustain in this global market.
The report includes an analysis of a number of companies in this marketspace including
- Arthrex
- KARL STORZ
- Maxer Medizintechnik
- Olympus
- Smith & Nephew
- Stryker
Segmentation by end-user and analysis of the arthroscopes market
- Specialty orthopedic centers
- Hospitals
- ASCs
The hospitals segment accounted for the major share of this arthroscopy devices market during 2017. The growth of the market in this segment mainly attributes to the focus of hopitals towards procuring technologically advanced medical equipment to detect and diagnose complicated cases and perform surgeries.
Geographical segmentation and analysis of the arthroscopes market
In terms of geography, the Americas contributed to the majority of the arthroscopy market share during 2017. The growth of this market is attributed to the factors such as an increase in the number of orthopedic surgeries, the rising demand for MI surgeries, technological advancements in healthcare facilities, and the presence of key vendors in the region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global arthroscopes market?
- What are the key market trends impacting the growth of the global arthroscopes market?
- What are the challenges to market growth?
- Who are the key vendors in the global arthroscopes market?
- What are the market opportunities and threats faced by the vendors in the global arthroscopes market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global arthroscopes market?
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