The Arthroscopy Device Market size was valued at USD 4.53 billion in 2019 and is predicted to reach USD 7.97 billion by 2030 with a CAGR of 5.2% from 2020-2030. Arthroscopy devices are used for the examination of joint related problems and diagnosis of various disorders such as osteoarthritis, rheumatoid arthritis, tendinitis, and bone tumour among others. These devices help to visualize the interior part of joints with the help of a small camera that is inserted into the joints by the surgeon. This camera inserted inside the joint display’s pictures on a video monitor, which is further used by the surgeon to guide miniature surgical instruments. Market Segmentations and Scope of the Study: The global arthroscopic devices market is categorized on the basis of product type, application, end users and geography. On the basis of product type, the market is divided into arthroscopic implants, arthroscopies, arthroscopy instruments and accessories, arthroscopy fluid management devices, arthroscopy radiofrequency devices, arthroscopy shaves and arthroscopy visualization devices. Based on application, the market is categorised into knee arthroscopy, hip arthroscopy, spine arthroscopy, foot & ankle arthroscopy, shoulder & elbow arthroscopy and other arthroscopy applications (wrist and jaw). Based on end users, the market is categorized into hospitals, ambulatory surgical centres and orthopaedic clinics. Geographic breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia and RoW. Request
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https://www.nextmsc.com/Arthroscopy-Devices-Market/request-sample Geographical Analysis: At present, North America holds the lion share of the arthroscopic devices market. This is attributed to factors such as increasing prevalence of chronic and orthopaedic diseases and improvement in the health infrastructure. Additionally, rising number of accidents and sports injuries have led to increased number of arthroscopy procedures being performed in this region. Europe is holding the second largest share of the market owing to the innovations in arthroscopy visualization systems and growing demand for knee and hip arthroscopy. Also, increasing incidents of sports injuries, growth in geriatric population and technological advancements in arthroscopic implants will help the market to grow at a faster rate. Inquire before buying- https://www.nextmsc.com/Arthroscopy-Devices-Market/inquirebefore-buying Competitive Landscape
The key players of arthroscopy devices market include Arthrex, Inc. Conmed Corporation, Johnson & Johnson, KARL STORZ GmbH & Co. KG, Medtronic, Plc, Richard Wolf GmbH, Smith & Nephew, Plc, Stryker Corporation, Wright Medical Group N.V., and Zimmer Biomet Holdings, Inc. Other players in the value chain include Active implants, Bioventus, Breg, Cannuflow, Inc., DJO Global, Inc., Flexion Therapeutics, MinInvasive Ltd, NuOrtho Surgical, Inc., OrthoSpace, ROG Sports Medicine, Orthofix and others. Strategic alliances, acquisitions and innovations along with R&D are key strategies used by market players to maintain market dominance. For instance, in April 2021, Orthofix signed an exclusive license agreement to commercialize IGEA's innovative bone, cartilage and soft tissue stimulation product portfolio in the United States and Canada. Also, in December 2020, Arthrex has released the SwiveLock ACL Repair Kit after receiving approval from the US Food and Drug Administration (FDA) for SwiveLock Anchors to repair ACLs. This is the first and only FDA approved kit for the repair of anterior cruciate ligament (ACL) rupture. About Us: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We carefully analyse the historical data, augment it by constantly keeping an eye on the latest industry trends and estimate the future events to arrive at accurate market forecasts. For more insights, please visit, https://www.nextmsc.com
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