The latest market report published by Acute Market Reports “Arthroscopy Devices Market - Growth, Future Prospects, Competitive Analysis, 2021 - 2029,” the global arthroscopy devices market was valued at US$ 4,488.9 Mn in 2020, and is expected to reach US$ 7,864.7 Mn by 2029 expanding at a CAGR of 6.19 % from 2021 to 2029.
Browse the full report Arthroscopy Devices Market - Growth, Future Prospects, Competitive Analysis, 2021 – 2029 at https://www.acutemarketreports.com/report/arthroscopy-devices-market
Market Insights
Arthroscopy radiofrequency system is useful in conduction joint surgeries as it provides effective ablation of soft tissues, cutting, contouring and achieving hemostasis of the blood vessels. Fluid management is a critical step during arthroscopic surgical procedure to control distension and provide sufficient pressure and flow to control bleeding, wash debris and enhanced visualization of the joints. Vacuums present in the system enables the surgeons to apply shavers to remove loose tissues and fluid from the joint.
Arthroscopy visualization devices and arthroscopes are widely used for the critical examination of the joints and aids the surgeons in conducting surgery with the help of endoscopes and camera present in the visualization system. Arthroscopic implants are gaining momentum due to the value addition to its surgical equipment which provides excellent results in tunnel preparation, meniscal and cruciate reconstruction and graft harvesting.
Increasing demand for minimally invasive surgical procedures and rising prevalence of bone diseases contributes to the ascendancy in the arthroscopy devices market. Asia Pacific will gradually retain the market on account of large baby boomer population suffering with osteoporosis and osteoarthritis. Supportive regulatory environment created by the regional healthcare regulatory agencies will have a positive influence on the arthroscopy market in the Asia Pacific region.
The prominent players featured in the arthroscopy devices market are Olympus Corp., Arthrex, Inc., Arthrocare Corp., BIOTEK, Covidien Plc, Depuy Synthes, ConMed Corporation, Cannuflow, CorTek Endoscopy Inc., Stryker Corporation and Smith and Nephew Plc.
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