Arthroscopy Market Analysis by Product (Powered Shaver Systems, Visualization Systems, Fluid Management Systems, Ablation Systems, Arthroscopes, Arthroscope Implants, Accessories and Disposables), by Application (Hip, Knee, Shoulder, Foot & Ankle, Hand & Wrist, Elbow, Sports Injuries) and Segment Forecasts to 2024

Published: Aug, 2016 | Pages: 60 | Publisher: Grand View Research
Industry: Pharmaceutical | Report Format: Electronic (PDF)

Global arthroscopy market is anticipated to reach USD 6.34 billion by 2024, according to a new report by Grand View Research, Inc. Increasing geriatric population base and rising obesity levels are the major factors driving the growth.

Rising medical tourism, cost efficiency and faster recovery rate are some of the factors resulting in increased adoption. As a result, demand for arthroscopy is increasing, since it's used in the diagnosis of joint conditions. In addition, constant decline in the price coupled with reimbursement coverage is spurring the adoption of arthroscopy in the treatment of injuries.

Presently, the sector is fragmented in nature with presence of many players competing with each other. The key players are implementing mergers and acquisition strategies to strengthen their position by the expansion of customer base and reduce the number of competing players.

Further key findings from the study suggest:

Arthroscopic implant segment dominated globally and is estimated to remain dominant throughout the forecast period. Increasing adoption of implants for diagnosis is mainly driving the growth of the segment.

The arthroscopic visualization systems are anticipated to witness strong demand during the forecast period due to their ability to provide clear high definition resolution of internal organs.

The demand for Fluid Management Systems is going to increase considerably during the forecast period with new products entering the sector especially in emerging countries such as Brazil, Mexico and South Africa.

The key players have faced challenges due to severe pricing pressures and stringent regulatory guidelines. The existing companies are finding it difficult to garner strong revenues.

Rising demand for minimally surgeries is also supporting the revenue growth since arthroscopy supports the same.

China, India, Brazil and South Africa are anticipated to register significant growth over the forecast period owing to rising patient awareness related to arthroscopy, presence of largest pool of geriatric population prone to injuries and the surging prevalence of chronic diseases such as osteoarthritis, bone tumor and rheumatoid arthritis.

Lenient regulatory approval procedures in Asia Pacific are offering easy entry of the new products in the region.

Some of the key players operating at the global level include but are not limited to ConMed Corporation, Arthrex Inc, Stryker Corporation, Olympus Corporation, Smith & Nephew plc, DePuy Synthes and Zimmer Biomet.

North America dominated the global scenario with regional share of over 40.0% in 2015. Technological advancements, such as introduction of advanced visualization systems, primarily led to highest revenue generation in the region. Visualization systems help in minimally invasive surgery by providing 3D image of the joint.

In addition, favorable reimbursement structure, presence of large target patient population and well defined regulatory framework are few factors that are positively affecting the market.

 Table of Contents


Chapter 1 Executive Summary
Chapter 2 Market Snapshot
Chapter 3 Market Variables, Trends& Scope
                    3.1 Market segmentation& scope
                        3.1.1 Market Driver Analysis
                             3.1.1.1 Growing population aged between 25 to 65 years
                             3.1.1.2 Increase in arthroscopic surgeries
                             3.1.1.3 Improved treatment capability and adoption of innovative technologies
                             3.1.1.4 Rise in incidence of Sports related injuries
                        3.1.2 Market Restraints Analysis
                             3.1.2.1 Different regulatory policies
                             3.1.2.2 Risk associated with the Arthroscopy devices
                    3.2 Penetration & growth prospect mapping
                    3.3 Arthroscopy - SWOT Analysis, By Factor (political & legal, economic and technological)
                    3.4 Industry Analysis - Porter's
Chapter 4 Market Categorization 1: Product Estimates & Trend Analysis
                    4.1 Arthroscopy Market: Product movement analysis
                    4.2 Powered Shaver Systems
                        4.2.1 Powered Shaver Systems Market, 2014 - 2024 (USD Million)
                    4.3 Visualization Systems
                        4.3.1 Visualization Systems Market, 2014 - 2024 (USD Million)
                    4.4 Fluid Management Systems
                        4.4.1 Fluid Management Systems Market, 2014 - 2024 (USD Million)
                    4.5 Ablation Systems
                        4.5.1 Ablation Systems Market, 2014 - 2024 (USD Million)
                    4.6 Arthroscopes
                        4.6.1 Arthroscopes Market, 2014 - 2024 (USD Million)
                    4.7 Arthroscope Implants
                        4.7.1 Arthroscope Implants Market, 2014 - 2024 (USD Million)
                    4.8 Accessories and Disposables
                        4.8.1 Accessories and Disposables Market, 2014 - 2024 (USD Million)
Chapter 5 Market Categorization 2: Application Estimates & Trend Analysis
                    5.1 Arthroscopy Market: Application movement analysis
                    5.2 Hip Arthroscopy
                        5.2.1 Hip Arthroscopy Market, 2014 - 2024 (USD Million)
                    5.3 Knee Arthroscopy
                        5.3.1 Knee Arthroscopy Market, 2014 - 2024 (USD Million)
                    5.4 Shoulder Arthroscopy
                        5.4.1 Shoulder Arthroscopy Market, 2014 - 2024 (USD Million)
                    5.5 Foot and Ankle Arthroscopy
                        5.5.1 Foot and Ankle Arthroscopy Market, 2014 - 2024 (USD Million)
                    5.6 Hand and Wrist Arthroscopy
                        5.6.1 Hand and Wrist Arthroscopy Market, 2014 - 2024 (USD Million)
                    5.7 Elbow Arthroscopy
                        5.7.1 Elbow Arthroscopy Market, 2014 - 2024 (USD Million)
                    5.8 Sports Medicines
                        5.8.1 Sports Medicines Market, 2014 - 2024 (USD Million)
Chapter 6 Market Categorization 3: Regional Estimates & Trend Analysis, by Product & Application
                    6.1 North America
                        6.1.1 US
                        6.1.2 Canada
                    6.2 Europe
                        6.2.1 U.K.
                        6.2.2 Germany
                    6.3 Asia Pacific
                        6.3.1 China
                        6.3.2 Australia
                        6.3.3 Japan
                    6.4 Latin America
                        6.4.1 Brazil
                        6.4.2 Mexico
                    6.5 Middle East and Africa (MEA)
                        6.5.1 South Africa
Chapter 7 Competitive Landscape
                    7.1 Market participation categorization
                    7.2 Company Profiles
                        7.2.1 Arthrex Inc.
                             7.2.1.1 Company Overview
                             7.2.1.2 Financial Performance
                             7.2.1.3 Product Benchmarking
                             7.2.1.4 Strategic Initiatives
                        7.2.2 Zimmer Biomet
                             7.2.2.1 Company Overview
                             7.2.2.2 Financial Performance
                             7.2.2.3 Product Benchmarking
                             7.2.2.4 Strategic Initiatives
                        7.2.3 ConMed Corporation
                             7.2.3.1 Company Overview
                             7.2.3.2 Financial Performance
                             7.2.3.3 Product Benchmarking
                             7.2.3.4 Strategic Initiatives
                        7.2.4 DePuy Synthes
                             7.2.4.1 Company Overview
                             7.2.4.2 Financial Performance
                             7.2.4.3 Product Benchmarking
                        7.2.5 Smith & Nephew plc
                             7.2.5.1 Company Overview
                             7.2.5.2 Financial Performance
                             7.2.5.3 Product Benchmarking
                             7.2.5.4 Strategic Initiatives
                        7.2.6 Stryker Corporation
                             7.2.6.1 Company Overview
                             7.2.6.2 Financial Performance
                             7.2.6.3 Product Benchmarking
                             7.2.6.4 Strategic Initiatives
                        7.2.7 BioTek Instruments India Pvt Ltd.
                             7.2.7.1 Company Overview
                             7.2.7.2 Financial Performance
                             7.2.7.3 Product Benchmarking
                             7.2.7.4 Strategic Initiatives

List of Tables


TABLE 1 North America Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 2 North America Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 3 U.S. Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 4 U.S. Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 5 Canada Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 6 Canada Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 7 Europe Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 8 Europe Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 9 U.K. Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 10 U.K. Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 11 Germany Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 12 Germany Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 13 Asia Pacific Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 14 Asia Pacific Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 15 China Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 16 China Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 17 Australia Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 18 Australia Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 19 Japan Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 20 Japan Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 21 Latin America Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 22 Latin America Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 23 Brazil Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 24 Brazil Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 25 Mexico Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 26 Mexico Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 27 MEA Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 28 MEA Arthroscopy Market, by Product, 2014 - 2024 (USD Million)
TABLE 29 South Africa Arthroscopy Market, by Application, 2014 - 2024 (USD Million)
TABLE 30 South Africa Arthroscopy Market, by Product, 2014 - 2024 (USD Million)