Stairlifts Market: Foresees Skyrocketing Growth in the Coming Years Arthroscopy Devices Market
Arthroscopy Devices Market - Insights, Size,
Share, and Forecast till 2025
Arthroscopy is a minimally invasive surgical procedure performed by surgeons to visualize, diagnose
and treat the joint related disease. The surgeon makes a small incision through which they insert the
probe contain a small lens and lightening system to visualize the inside structure. The arthroscopic
surgery is performed to treat the acute or chronic injury related to knee, shoulder, hip and wrist by
avoiding post-surgery complications, infection and appears minimum scars at surgery site.
There are various applications of arthroscopy devices in knee, shoulder and hip implantation and
among these knee implantation contributes the major market share followed by shoulder
implantation supported by the increase in cases of knee and shoulder replacement surgery
procedures worldwide due to increase in number of obese and aging population.
Among product types, the arthroscopy implants segment accounts for major market share and is
expected to retain its dominance throughout the forecast period. This is mainly attributed to
increasing number of knee, shoulder and hip implantation surgeries worldwide.
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High cases of joint replacement surgery is leading the growth of arthroscopy devices market
in North America
Increasing incidence of joint replacement in North America is providing opportunity for the
growth of arthroscopy devices market. According to Canadian Institute for Health Information
(CIHI), around 113,000 knee and hip surgeries are performed in Canada annually. According to
the same source, during the period 2009 to 2015, knee replacement surgery and hip
replacements surgery increased by 20.3% and 20% respectively. According to Centers for
Disease Control and Prevention (CDC), in the U.S. during 2013-2015 nearly 54.4million adults
were diagnosed with arthritis and it is expected to reach 78.4million by 2040. These instances
will increase the sale of arthroscopy devices in the near future.
Moreover, incorporating diferent technologically features such as wireless camera heads and
high-defnition monitors will boost adoption of arthroscopy devices globally. Major players are