The Arthroscopy Devices Market is projected to reach US$ 9,853.88 million by 2028 from US$ 5,725.24 million in 2021; it is expected to register a CAGR of 8.1% from 2021 to 2028.
Major factors driving the arthroscopy devices market growth include the growing prevalence of musculoskeletal disorders, rising number of sports injuries requiring arthroscopy procedure to prevent complete joint replacement, and rising elderly population are driving the market. However, the high cost of arthroscopy devices hampers the silicone based catheters market growth.
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The List of Companies - Arthroscopy Devices Market
1. Arthrex, Inc.
2. CONMED Corporation
3. Johnson and Johnson Services, Inc.
4. KARL STORZ SE & Co. KG
5. Medtronic
6. Richard Wolf GmbH.
7. Smith & Nephew
8. Stryker Corporation
9. Zimmer Biomet
10. NuVasive, Inc.
Furthermore, according to the same source (WHO), high-income countries are the most affected in terms of population (441 million), followed by countries in the WHO Western Pacific Region with 427 million, while South-East Asia has 369 million. Musculoskeletal diseases are also the leading cause of years lived with disability (YLDs) worldwide, accounting for roughly 149 million YLDs, or 17% of all YLDs. Furthermore, according to the same source (WHO), low back pain is the leading cause of musculoskeletal disorders. Fractures, which affect 436 million people worldwide, osteoarthritis (343 million), other injuries (305 million), neck pains (222 million), amputations (175 million), and rheumatoid arthritis (14 million) are all factors in the overall burden of musculoskeletal diseases.
Arthroscopy is a procedure for diagnosing and treating joint problems. A surgeon inserts a narrow tube attached to a fiber-optic video camera called an arthroscope through a small incision about the size of a buttonhole. An arthroscope is a medical device that allows doctors to see within bodily joints such as the knee, hip, spine, shoulder, and elbow to inspect, diagnose, and perform therapeutic procedures. Arthroscopy devices can examine illnesses like osteoarthritis, rheumatoid arthritis, tendinitis, and bone tumors in the joints
Musculoskeletal disorders (MSDs) are the most common condition around the globe. According to data published by the World Health Organization (WHO), in February 2021, approximately 1.71 billion individuals worldwide will suffer musculoskeletal problems and lower back pain is a widespread musculoskeletal condition, affecting 568 million people worldwide. Low back pain is the major cause of impairment in 160 countries, with musculoskeletal disorders being the leading cause of disability. Musculoskeletal disorders severely impair mobility and dexterity, resulting in early retirement from work, decreased well-being, and diminished ability to participate in society. The number of people disabled by musculoskeletal conditions has been growing, and this trend is expected to continue in the next decades.
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Furthermore, according to the same source (WHO), high-income countries are the most affected in terms of population (441 million), followed by countries in the WHO Western Pacific Region with 427 million, while South-East Asia has 369 million. Musculoskeletal diseases are also the leading cause of years lived with disability (YLDs) worldwide, accounting for roughly 149 million YLDs, or 17% of all YLDs. Furthermore, according to the same source (WHO), low back pain is the leading cause of musculoskeletal disorders. Fractures, which affect 436 million people worldwide, osteoarthritis (343 million), other injuries (305 million), neck pains (222 million), amputations (175 million), and rheumatoid arthritis (14 million) are all factors in the overall burden of musculoskeletal diseases.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Arthroscopy Devices Market - By Product
1.3.2 Global Arthroscopy Devices Market - By Application
1.3.3 Global Arthroscopy Devices Market - By Geography
2. Arthroscopy Devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Arthroscopy Devices Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East and Africa PEST Analysis
4.2.5 South and Central America PEST Analysis
4.3 Experts Opinion
5. Arthroscopy Devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Prevalence of Musculoskeletal Disorders Osteoarthritis and Rheumatoid Arthritis
5.1.2 Rising Number of Sport Injuries Requiring Arthroscopy Procedure to Prevent Complete Joint Replacement
5.1.3 Rising elderly Population
5.2 Market Restraints
5.2.1 High Cost of Arthroscopy Devices
5.3 Market Opportunities
5.3.1 Increasing Prevalence of Obesity
5.4 Future Trends
5.5 Impact Analysis
6. Arthroscopy Devices Market- Global Analysis
6.1 Global Arthroscopy Devices Market Revenue Forecast and Analysis
6.2 Global Arthroscopy Devices Market, By Geography - Forecast and Analysis
6.2.1 Global Arthroscopy Devices Market - Market Potential Analysis, By Region
6.3 Company Analysis
6.3.1 Market Positioning of Key Players
6.3.2 Comparative Company Analysis
6.3.3 Growth Strategy Analysis
6.3.4 Performance of Key Players
6.3.4.1 Johnson and Johnson Services, Inc
6.3.4.2 CONMED Corporation
7. Global Arthroscopy Devices Market Revenue and Forecasts To 2028- by Product
8. Global Arthroscopy Devices Market Analysis and Forecast to 2028 - by Application
9. Arthroscopy Devices Market Revenue and Forecasts to 2028 - Geographical Analysis
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