A number of factors such as the increasing preference for minimally invasive procedures, ongoing technological advancements, and improving regulatory framework are fueling the growth of the global arthroscopy instrument market. Additionally, increasing incidence of sports-related musculoskeletal disorders, such as the bone tumor, rheumatoid arthritis, and osteoarthritis, are propelling the growth of this market. The world health organization predicts the prevalence of rheumatoid arthritis to be between 0.3% and 1% and more common in women and developed countries. Moreover, the prediction also states that 9.6% of men and 18.0% of women aged over 60 years have osteoarthritis.

Despite these drivers, the high cost of arthroscopy instruments, reimbursement challenges in the medical device industry, and poor healthcare system in low and middle-income countries may hamper the growth of the market. As per the National Center for Health Statistics, in the United States, an approximate 650,000 arthroscopic lavage and debridement procedures are performed for knee pain each year, at an average cost of USD 5,000 each.

The global arthroscopy instruments market is currently dominated by many players. For instance, in 2018, DePuy launched the PURVUE – Next-Generation high-definition visualization system. Similarly, Olympus launched the ENDOEYE 3D video telescope. South America is still a developing region in terms of infrastructure and technology. Moreover, in February 2016, Smith & Nephew entered into a multi-country distribution agreement with OrthAlign, a U.S. based private company. This collaboration is aimed to develop arthroscopy instruments and distribute their Total-Knee Arthroplasty (TKA) technology.

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Key Players for Arthroscopy Instruments Market:

• Smith & Nephew
• Arthrex
• DePuy Synthes
• Stryker
• CONMED
• Zimmer Biomet
• Medtronic, Inc.
• Karl Storz
• Braun
• Olympus
• Richard Wolf
• MEDICON
• Sklar
• Millennium
• GPC Medical

Intended Audience

• Medical Devices Companies
• Research and Development (R&D) Companies
• Government Research Institutes
• Academic Institutes and Universities

Segments for Global Arthroscopy Instruments Market:

The global arthroscopy instrument market is segmented on the basis of product, application, and end-user.
On the basis of product, the market is classified into arthroscope, arthroscopic implants, fluid management systems, visualization systems, radiofrequency system, power shavers and others. The arthroscopic implants are further segmented as knee implants, hip implants, shoulder implants, and others. The radiofrequency systems are further segmented as RF generators, RF probes, and wands and footswitch.
On the basis of application, the market is segmented into knee arthroscopy, hip arthroscopy, spine arthroscopy, foot and ankle arthroscopy, shoulder arthroscopy, and others (wrist and hand arthroscopy).
On the basis of end-user, the market is segmented into hospitals, ambulatory surgical centers, and others.
Geographically, the global arthroscopy instrument market has been segmented into America, Europe, Asia Pacific, and the Middle East and Africa. The American arthroscopy instrument market is further segmented into North America and South America. North America is further classified as the U.S. and Canada.
The Europe arthroscopy instrument market is segmented into Western Europe and Eastern Europe. Western Europe is further classified as Germany, France, U.K., Italy, Spain, and Rest of Western Europe.
The Asia Pacific arthroscopy instrument market is segmented into Japan, China, India, Republic of Korea, Australia, and Rest of Asia Pacific.
The Middle East & Africa arthroscopy instrument market is segmented into the Middle East and Africa.

Regional Analysis for Global Arthroscopy Instruments Market:

The Americas dominates the global arthroscopy instruments market owing to the presence of major market players, the high adoption rate of minimally invasive devices, and increasing incidences of joint-related diseases boost the market growth in this region. Further, according to the American Orthopedic Society for Sports Medicine, in the United States, an estimated 4 million people undergo knee arthroscopies, whereas the number of patients undergoing shoulder arthroscopies is 1.4 million per annum. Furthermore, rising cases in arthroscopic surgeries along with rising population awareness regarding health are driving the growth of the arthroscopy instruments market.

Europe holds the second position in the global arthroscopy instrument market. It is expected that the government support towards research & development expenditure and rising prevalence bone disorders is likely to drive the European market. Additionally, according to the Arthritis Research U.K. in 2016, around 10 million people in the U.K. had a form of arthritis. Furthermore, it was estimated that over 86,000 hip and over 90,000 knee replacements take place every year.

Asia Pacific is the fastest growing region in the global arthroscopy instrument market owing to a huge patient pool, increasing demand for minimally invasive surgeries, and development in healthcare technology. According to Osteoporosis Australia, around 4.74 million Australians over 50 years of age are suffering from either osteoporosis or poor bone health, which further fuels the need for arthroscopy surgeries. Healthcare expenditure is found to be improving in various Asia Pacific regions. Moreover, the availability of skilled physicians and nurse practitioners and the low cost of surgeries have fueled medical tourism in India. Most of the key players expanding their business in developing economies in the Asia Pacific region.

The Middle East & Africa holds the lowest share of the global market due to low development, lack of technical knowledge, and poor medical facilities.

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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations

Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation

Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants

TOC Continued…
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