What is Arthroscopes Endoscope Market?
Arthroscopy is a surgical procedure to look at the treat and diagnose problems inside a joint and Endoscope tubular, slender optical instruments is the tool used as a screening system for examining an inner part of the body and with a connected instrument for surgery or biopsy. It can be used for arthroscopy on any joints most frequently it is done on the shoulder, hip, ankle, writs, and other.
Highlights from Arthroscopes Endoscope Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | B. Braun (Germany), Medstar Health (United States), Schindler Endoskopie Technologie Gmbh (Germany), Sopro-Comeg (France), Olympus (Japan), KARL STORZ (Germany), Stryker (United States), Boston Scientific (United States), Ethicon (United States) and Cook Medical (United States) |
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Arthroscopes Endoscope market throughout the forecasted period.
B. Braun (Germany), Medstar Health (United States), Schindler Endoskopie Technologie Gmbh (Germany), Sopro-Comeg (France), Olympus (Japan), KARL STORZ (Germany), Stryker (United States), Boston Scientific (United States), Ethicon (United States) and Cook Medical (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Fujifilm Corporation (Japan), Medtronic (Ireland), Hoya Corporation (Japan), Richard Wolf Gmbh (Germany) and Smith & Nephew (United Kingdom). Arthroscopes Endoscope Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Gastrointestinal (GI) endoscopy, Urology endoscopy (cystoscopy), Laparoscopy, Obstetrics/gynecology endoscopy and Others |
Type | Rigid Endoscopes (Laparoscopes, Arthroscopes, others), Flexible Endoscopes (Pharyngoscopes, Duodenoscopes), Capsule Endoscopes and Others |
Distribution Channel | Online,Offline |
End User | Hospital,Clinics,Others |
On the basis of geography, the market of Arthroscopes Endoscope 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Expansion In The Robotic Surgery Market
Market Growth Drivers:
The increasing geriatric population, obesity, and changes in demographics and advancement in technology in the field of diagnosis and visualization and surgical endoscopic treatment is booming the demand and key driving factor of growth of the market and Growing Number of Hospitals and Growing Hospital Investments in Endoscopy Facilities
Challenges:
Lack of Trained Endoscopists and Physicians and Infections grounds By Endoscopes
Restraints:
Adverse Healthcare Improvement
Opportunities:
Increasing Healthcare Market in Emerging Economies
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Arthroscopes Endoscope Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
Market Leaders & Development Strategies
In June 2022, Boston Scientific signed definitive agreement with Synergy Innovation Co, Ltd, and purchase its majority stake of M.I. Tech Co., Ltd. Synergy Innovation Co, Ltd is a publicly traded Korean manufacturer and distributor of medical devices for endoscopic and urological procedures. This strategic move helped company to expand its presence in arthroscopes endoscope market
For instance, in November 2019 Integrated Endoscopy United States based Company has introduced the pilot launch of NUVIS Arthroscope a single-use arthroscope, single used is intended to offer a high definition of visualization via the proprietary optical design of and image courtesy of integrated Endoscopy