Arthroscopy Devices Market - Insights, Size, Share, and Forecast till 2025


Posted January 14, 2019 by coherent123

Arthroscopy is a minimally invasive surgical procedure performed by surgeons to visualize, diagnose and treat the joint related disease.

 
The examination of inside structures of the body is known as arthroscopy and the devices used for examination are known as arthroscopy devices. It is a minimally invasive procedure and is performed by using small probe through an incision. The primary application of arthroscopy is diagnosis of inner structure of the body. As the name suggests, surgical arthroscopy is the use of these devices during surgical procedures. Arthroscopy is widely used by orthopedic doctors to treat bone disorders and joint problems such as knee, shoulder and elbow related disorders.
Arthroscopy devices include mechanical instruments, motorized instruments, electrosurgical instruments and special instruments such as probes, punches, shavers, electrocautery, laser, ACL sets, meniscus repair sets respectively.
As the arthroscopy procedure is minimally invasive, it helps avoid post-surgery complications, infection during surgery and significantly reduces patient recovery time.

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High cases of joint replacement surgery is leading the growth of arthroscopy devices market in North America
Increasing incidence of joint replacement in North America is providing opportunity for the growth of arthroscopy devices market. According to Canadian Institute for Health Information (CIHI), around 113,000 knee and hip surgeries are performed in Canada annually. According to the same source, during the period 2009 to 2015, knee replacement surgery and hip replacements surgery increased by 20.3% and 20% respectively. According to Centers for Disease Control and Prevention (CDC), in the U.S. during 2013-2015 nearly 54.4million adults were diagnosed with arthritis and it is expected to reach 78.4million by 2040. These instances will increase the sale of arthroscopy devices in the near future.
Moreover, incorporating different technologically features such as wireless camera heads and high-definition monitors will boost adoption of arthroscopy devices globally. Major players are offering customizable devices to doctors for enhancing its devices’ market presence. For instance, Olympus offers multi-specialty digital imaging platform to specialize each procedure along with maintained standards and enables healthcare professional to record, store and share high quality moving images.

Market Taxonomy:

This report segments the global arthroscopy devices market on the basis of product type, application, and geography. On the basis of product type, the market is categorized into arthroscopes, arthroscopy shavers, arthrosopy fluid management system, arthroscopy implants, arthroscopy radio frequency systems and arthroscopy visualization systems. On the basis of therapeutic application, the market is divided into knee implants, shoulder implants, hip implants and others. Among all therapeutic application, knee implants segment dominated the arthroscopy devices market, due to increase in knee implant surgery procedure rate around the globe.

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Key Players:
Key companies covered as a part of this study include
Smith & Nephew, Olympus Inc., Karl Storz, Stryker Corporation, CONMED Corporation, Vimex Sp. z o.o. and DePuy Synthes Inc.

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Issued By coherent
Country India
Categories Health
Tags arthroscopy devices growth , arthroscopy devices insights , arthroscopy devices market , arthroscopy devices outlook , arthroscopy devices trends
Last Updated January 14, 2019