ARTHROSCOPY DEVICES MARKET ANALYSIS

Arthroscopy Devices Market, By Product Type (Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Implants, Arthroscopy Radio Frequency Systems and Arthroscopy Visualization Systems), By Application (Knee Implant, Shoulder Implant, Hip Implant, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Dec 2019
Code : CMI412
Pages :180
Formats :
Excel and PDF
Industry : Medical Devices

Regional Analysis

Arthroscopy Device Market - Regional Insights

On the basis of region, the global Arthroscopy Device market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is projected to hold a dominant position in the global arthroscopy device market during the forecast period, owing to increasing prevalence of bone related disorders, which, in turn, are expected to increase demand for diagnostic testing devices such as arthroscopes. For instance, according to data published by the Centers for Disease Control and Prevention (CDC) in 2017, around 54.4 million people in the U.S. had some form of arthritis and rheumatoid arthritis during 2013-2015. This number is expected to increase to around 78 million by 2040.

Asia Pacific is expected to witness rapid growth in the arthroscopy devices market. The market in Asia Pacific is expected to gain momentum during the forecast period, owing to increasing aging population in the region. For instance, according to the Ministry of Statistics and Program Implementation, in 2016, 103 million people in India were over 60 years of age.