About Arthroscopy Procedures
Arthroscopy procedures involve the surgical procedure to monitor, diagnose and treat problems related to joints including knee, hips, wrist, elbows, shoulders, etc. The procedure mainly involves the examination by making a small incision in the patient's skin and then inserting the pencil-like instruments containing a small lens and lighting system to magnify the joint structure. The joint injuries are treated like this along with surgery and X-rays.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arthrex (United States), CONMED (United States), Johnson & Johnson (United States), Stryker Corporation (United States), Karl Storz (Germany), Smith & Nephew plc (United Kingdom), Olympus Medical Systems (Japan), Richard Wolf GmbH (Germany), Integrated Endoscopy (United States) and Mediflex (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Arthroscopy Procedures market by Type (Knees Arthroscopy, Ankles Arthroscopy, Shoulders Arthroscopy, Elbows Arthroscopy, Wrists Arthroscopy and Hips Arthroscopy), Application (Hospitals and Outpatient Operating Room) and Region.
On the basis of geography, the market of Arthroscopy Procedures has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Instruments, the sub-segment i.e. Biters will boost the Arthroscopy Procedures market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Techniques, the sub-segment i.e. Diagnostic Arthroscopy will boost the Arthroscopy Procedures market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emergence of Automated Devices for the Arthroscopy Procedures and Growing Use of Arthroscopy Proceduresin Athletes with Injuries
Market Growth Drivers:
Growing Geriatric Population Having Tissue Degeneration Related Problems Around the Globe and Need for theTreatment Procedure for Kneww Related Problems
Challenges:
Stringent Regulatory Standards on Devices Used in Arthroscopy Procedures
Restraints:
Complications Involved with Arthroscopy Procedures During Surgery
Opportunities:
Continuous Research and Development in Arthroscopy Procedures and Introduction of New Techniques in Arthroscopy Procedures
Market Leaders and their expansionary development strategies
In April 2021, Trice Medical announced has acquired Tenex Health, a leader in minimally invasive ultrasonic technology for the treatment of chronic pain in soft tissue and bone.the acquisition will create more therapeutic procedures that can be used with the system.
On 6th November 2019, Integrated Endoscopy, a medical device company pioneering the development of high-definition, low-cost single-use endoscopes for the arthroscopic surgery market, announced the beginning of the international pilot launch of its NUVIS (pronounced “nu-vee”) Single-Use Arthroscope technology via placement in centers of medical excellence around the world. News of the international roll outcomes on the heels of Integrated Endoscopy’s clearance from the Food and Drug Administration (FDA) to market NUVIS, a first-of-its-kind endoscope designed for use in arthroscopic surgical procedures, in the United States.
Key Target Audience
Arthroscopy Procedures Performer, Arthroscopy Procedures Device Manufacturers, Industry Associations, Research and Development Institutes, Hospitals, Financial Institutes and Venture Capital, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.