A procedure for diagnosing and treating internal body parts is known as arthroscopy, and the devices used for examination are known as arthroscopy devices. Arthroscopy is a minimally invasive procedure and is performed by inserting a small probe through an incision. The primary application of arthroscopy is a diagnosis of the 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 the knee, shoulder, and elbow-related disorders. These instruments used during an arthroscopy surgery are very small that makes a small incision in the skin. Arthroscopy devices include mechanical instruments, motorized instruments, electrosurgical instruments, and special instruments such as probes, punches, shavers, electrocautery electrodes, laser, ACL sets, and meniscus repair sets.
MARKET SCOPE
The "Global Arthroscopy instruments Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Arthroscopy instruments market with detailed market segmentation by products, applications, end user and geography. The report provides key statistics on the market status of the leading Arthroscopy instruments market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on products, the global Arthroscopy instruments market is segmented into Fluid Management Systems, Arthroscopic Implants, Arthroscopes, Visualization Systems, Motorized Shavers, Radiofrequency (RF) Ablation Systems.
? Based on application, the market is categorised into Shoulder Arthroscopy, Knee Arthroscopy, Others.
? Based on end user, the market is categorised into Hospitals, Ambulatory Surgical centers, Others.
MARKET DYNAMICS
Drivers:
? High incidence of orthopedic ailments such as bone disorders and joint problems such as the knee, shoulder, and elbow-related disorders.
? Technological developments in arthroscopic medical devices
? Favorable medical reimbursements for arthroscopic procedures.
? Increase in geriatric population.
Restraints
? High procedural cost of arthroscopy surgeries and related instruments.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Arthroscopy instruments market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Arthroscopy instruments market in these regions.
IMPACT OF COVID-19 ON ARTHROSCOPY INSTRUMENTS MARKET
COVID-19 has disrupted healthcare services across the world, the worst affected countries in the world like the US, Russia, Spain, Italy, the UK, India, Germany, and Spain. The impact of pandemic on the orthopedic market is expected to be concentrated on the arthroscopy segment. This is mainly due to possible reductions in the demand for arthroscopy instruments. This is mainly due to the prioritization of COVID-19 patients; other ailments and procedures are not receiving as much attention or simply not being conducted on a large scale. Many hospitals are postponing these orthopedic procedures. This might have slight negative impact on arthroscopy instruments market.
MARKET PLAYERS
The report covers key developments in the Arthroscopy instruments market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Arthroscopy instruments market are anticipated to lucrative growth opportunities in the future with the rising demand for Arthroscopy instruments in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Arthroscopy instruments market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Arthrex
? Smith and Nephew
? DePuy Synthes
? Stryker
? CONMED
? Zimmer Biomet
? Medtronic
? Karl Storz
? B. Braun
? Olympus
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.