Rise in technological advances and growing importance of sports activities among the young as well as the older generation has fuelled the growth of the arthroscopy devices market.
Albany, NY -- (SBWIRE) -- 09/13/2016 -- Arthroscopy is defined as the visualization of the internal structure of a joint conducted with the help of imaging equipments such as endoscopes. It is a minimally invasive procedure imperative for diagnosis and treatment of various joint diseases such as osteoarthritis, ligament tear, cartilage tear, rheumatoid arthritis and for the surgical removal of the fluid from the inflamed joint tissue. Arthroscopy is usually performed on the knee and the shoulder joint; however, others joints such as the wrist, ankle or hip joints may also be examined and tested with the help of an arthroscopic procedure. The rising geriatric population worldwide coupled with an accentuated demand for minimally invasive procedures has triggered the growth of this market. Moreover, a spurt of sport related injuries has created a considerable demand for arthroscopic procedures.
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According to the American Orthopedic Society for Sports Medicine, approximately 4 million people undergo knee arthroscopies and 1.4 million shoulder arthroscopies are performed annually worldwide. The market for arthroscopy includes varied devices such as arthroscopic shavers, fluid management systems, implants, powered tools and other visualization systems. The report captures a market analysis for all the aforementioned products along with the latest technological advances and product enhancements in this sector. The market data provided for the arthroscopic devices market is for the period of 2013 - 2019, considering 2012 as the base year for calculation. In addition, the current market dynamics including drivers, restraints, trends and recent developments have been captured throughout the report.
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Our geographic analysis chapter spans the major regions including North America, Europe, Asia and ROW (Rest of World). Similarly, market share analysis of the leading players has been provided in our chapter on competitive analysis. Our recommendation chapter provides a roadmap for market players, new entrants and suppliers to consider the success strategies and potential barriers of this market during the forecast period of 2013 - 2019. Some of the major players of this market include Stryker, Smith & Nephew, Arthrex, DePuy Synthes and othershave been covered. These market players have been profiled on the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.
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