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The global arthroscopy market size is projected to register a high CAGR during the forecast period, 2021u20132028. The growth of the market is attributed to the rising geriatric population as well as sport participation that are prone to injuries requiring arthroscopic procedures.<br><br>
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Arthroscopy Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The globalarthroscopy market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising geriatric population as well as sport participation that are prone to injuries requiring arthroscopic procedures. Arthroscopy is a surgical procedure to repair a joint and other related bone problems. This surgical procedure is minimally invasive and saves patients from total knee replacement. According to America Academy of Orthopedic Surgeons, over 4 million knee arthroscopic surgeries are performed worldwide annually. Approximately 1.4 million shoulder arthroscopic procedures are performed worldwide as per the data provided by American Orthopedic Society for Sports Medicine. With the increasing sport injuries, there is wide demand for the introduction of improved versions and development in technology. Request Sample link :-https://growthmarketreports.com/request-sample/2403 Market Trends, Drivers, Restraints, and Opportunities Increasing number of the global geriatric population and growing number of sports participation from adults are expected to drive the market growth. Development of innovative diagnostic technology and introduction of advanced treatment devices are projected to propel the market expansion. Rising demand for minimally invasive surgeries is estimated to boost the arthroscopy market. Increasing awareness regarding timely diagnosis for bone injuries to prevent from severe consequence in later development is expected to fuel the market growth. High cost of the treatment and complexity in the reimbursement policies across countries are major challenges that can impede the market growth during the forecast period. Increasing use of fluid management systems to better the visualization process is expected to accelerate the growth of the market in the coming years.
Market Segment Insights: Arthroscopes implants segment is expected to grow at a robust rate Based on products, the global arthroscopy market is divided into visualization systems, powered shaver systems, fluid management systems, arthroscopes, ablation systems, arthroscopes implants, disposables, and accessories. The arthroscopes implants segment is expected to grow at a robust rate during the projected period due to rapid introduction of advanced biodegradable implants, which can reduce the risk of infection. However, the ablation systems segment is anticipated to expand at a rapid pace during the forecast period owing to advancement in technology of the system. Enquiry Link :-https://growthmarketreports.com/enquiry-before-buying/2403 Competitive Landscape Key players competing in the arthroscopymarket are Arthrex Inc.; Smith & Nephew plc; DePuy Synthes; and ConMed Corp. The main market players are continuously engaged in several business development activities such as mergers, acquisitions, research and developments, investments for innovative products, and collaborations to expand their market share. For instance, Zimmer Biomet announced an acquisition deal of Cayenne Medical to fuel its sports medicine division in May 2016. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter