Arthroscopic Devices Market 2020-2027: Analyzed by Business Growth, Development Factors, Applications, and Future Prospects

(CDN Newswire via Comtex)

Reports and Data has recently added a report titled 'Arthroscopic Devices Market' Report Forecast to 2027' to its repository, which comprises of data relating to the market size, share, value, and volume, production processes, revenue generation, the regional analysis of the business vertical, along with the outcomes of analytical tools including, SWOT analysis and Porter's Five Forces analysis. The report highlights the growth opportunities and challenges that industry players might encounter in the forecast years, along with an elaborate competitive landscape and expansion strategies adopted by the companies functioning in the Arthroscopic Devices Market.

Rising demand for the minimally invasive procedure over the traditional method is expected to boost market growth during the forecast period. The recovery period for the conventional techniques of the surgery of the knee implantation is more than the modern method of surgery owing to the demand for arthroscopy devices.

This report covers the recent COVID-19 incidence and its impact on Arthroscopic Devices Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

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Key participants include Smith & Nephew, DePuy Synthes, Stryker, Arthrex , ConMed, Zimmer Biomet, Medtronic, Karl Storz, B. Braun, Olympus, Richard Wolf, MEDICON, Sklar , Millennium, GPC Medical, and Johnson & Johnson.

The Arthroscopic Devices is projected to grow at a rate of 5.3% in terms of value, from 2019 to reach USD 4.93 Billion by 2027. The Arthroscopic Devices (MEK) is an aliphatic ketone with a colorless or pale yellow shade, flammable, highly water-soluble industrial and commercial chemical with a strong, pungent odor. Arthroscopic Devices is mostly used as a solvent in the manufacturing of surface coating applications and also widely utilized as an intermediate solvent chemical in the formulation of various chemical processing.

For the purpose of this report, Reports and Data have segmented the global Arthroscopic Devices market according to Product, Component, Application, End-user, and Region:

Type Outlook (Revenue in Million USD; 2016-2026)

  • Arthroscopes
  • Arthroscopic Implants
  • Radiofrequency Probes and Wands
  • Fluid Management System
  • Motorized Shavers
  • Visualized Systems
  • Others

Application Outlook (Revenue in Million USD; 2016-2026)

  • Shoulder Arthroscopy
  • Knee Arthroscopy
  • Spine Arthroscopy
  • Others

End-Use Outlook (Revenue in Million USD; 2016-2026)

  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia)

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Further key findings from the report suggest:

  • Technological advancements in the field of surgeries and therapy are the key factor contributing to market growth. For instance, temporomandibular joints, when displaced from the original shape, Biopsies can be carried out using arthroscopic devices. There is no other way to overcome the problem. Hence, such a demand in diagnostic procedures is expected to boost market growth.
  • Arthroscopic Partial Meniscectomy (APM) is now carried out to remove some or all of a meniscus from the tibio-femoral joint of the knee using arthroscopic (keyhole) surgery. Upcoming new surgical methods due to the rising demand in the minimally invasive technique are expected to propel the market growth in the near future.
  • In recent years, the implants for arthroscopy have come up, which can be autoclaved. Moreover, in January 2020, Integrated Endoscopy launched, a single-use, high definition, and battery-operated arthroscope was launched using remarkable new technology.

  • Rising demand for the minimally invasive procedure over the traditional method is expected to boost market growth during the forecast period. The recovery period for the conventional techniques of the surgery of the knee implantation is more than the modern method of surgery owing to the demand for arthroscopy devices...Continued

Reasons to buy Arthroscopic Devices Market Report:

  1. Information provided in the report assists companies in making well-informed executive decisions with a comprehensive understanding of the Arthroscopic Devices market scenario and trends.
  2. Assists companies in implementing lucrative expansion strategies by offering information relating to the projected fluctuations in sales performance and supplier prices.
  3. Enables IT enterprises in capitalizing on the latest market trends and accurate insights into the Arthroscopic Devices Market, arming them with essential information and other significant concerns of the industry.
  4. It allows readers to make favorable investments by tracing the substantial focus areas highlighted by survey takers in 2018.

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