According to Technavio’s latest market research study, the global arthroscopy devices market is expected to grow at a CAGR of more than 6% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global arthroscopy devices market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product type
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Global arthroscopic implants market: Implants are used as an alternative for the damaged or missing biological structure, or to enhance the existing structure near joints. The average implants cost varies from USD 1,000 to USD 15,000 depending on the patient condition and severity of the damaged area. The body of the implants is made of biomaterials such as polymers and fibers they are being made of Titanium, silicone, and apatite for rust free conditions and based on the usage of the implants.
“Most of the implants are implanted through minimally invasive techniques such as arthroscopy owing to the existence of many advantages compared to open surgeries. The increasing awareness about the many advantages of MI procedures is spurring an increase in preference for arthroscopy implants,” says Barath Palada, a lead analyst at Technavio for research on orthopedics and medical devices.
Global arthroscopy instruments and accessories market: Arthroscopy instruments consist of the devices used during the procedure, including cameras, video monitors, light sources, video recorders, video processors, electrosurgical generators, and insufflators. Much of the revenue generated in this segment is attributable to the replacement of old equipment with new advanced devices.
Global arthroscopes market: Arthroscopes are a typical type of endoscope that is inserted into the patient’s body through wounds, natural cavities or through a small incision which is used to treat or diagnose the problems. The increasing incidence of orthopedic disorders and the subsequent rise in arthroscopic procedures is expected to propel the demand for arthroscopes in the global market in the coming years.
The top vendors operating in the global arthroscopy devices market are:
- Arthrex
- CONMED
- DePuy Synthes
- Smith & Nephew
- Stryker
Other prominent vendors in the market include A3 Surgical, Ackermann Instrumente, Advanced Endoscopy Devices, Aesculap AG & Company, ArthroCare, Arthrotek, Aurora Spine, Autocam Medical, Becker Orthopedic, Biocomposites, BioPro Implants, BIOTEK, CorTek Endoscopy, Dausch Instrumente, Dufner Instrumente, Ethicon Endo-Surgery, Freudenberg Medical, G6 Spine, Henke-Sass Wolf, HI-TEC medical, Integrated Arthroscopy, Invibio Biomaterial Solutions, Karl Storz, MacKay Manufacturing, MAHE International, MEDICON, Medifix, MEDI-TECH, Medtronic, MX Orthopedics, Myriad Fiber Imaging Technologies, Nanotek Medical, Olympus Medical, Opus Medical, Paragon Medical, Regeneration Technologies, Richard Wolf, Schoelly Fiberoptic, Spinal Elements, Thermedx, Tornier, TROKAMED, Union Medical, United States Surgical, Wright Medical, and Zimmer Biomet.
A more detailed analysis is available in the Technavio report titled, ‘Global Arthroscopy Devices Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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