The global arthroscopy procedures and products market is set to expand at 5.7% CAGR through 2023, Arthroscopy devices are rapidly adopted to examine the bone joints for specific conditions, such as osteoarthritis, rheumatoid arthritis, tendinitis, and bone tumor.
The surgeons, during the surgery, insert a narrow tube which is attached to a fiber-optic video camera through a small incision.The global minimally invasive surgery devices market is forecast to surpass US$ 30 Bn by 2018, and the growth is expected to rub off on the arthroscopy market.
Increasing application in sports medicine, demographic trends, rising prevalence of osteoarthritis and ease in FDA clearance are key factors driving growth of the global arthroscopy procedures and products market.
On the other hand, risk of edema due to irrigation fluids and increasing pricing pressures are anticipated to hamper market growth during the forecast period.Request a Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-1386Arthroscopy Procedures and Products Market SegmentationBy product type, the global arthroscopy procedures and products market is segmented into arthroscopes and visualisation systems, arthroscopic resection systems, arthroscopic fluid management systems, arthroscopic implants, arthroscopy radiofrequency (RF) systems, arthroscopic drills and fixation systems and other arthroscopy instruments and accessories.The arthroscopic implants segment is further sub-segmented into knee implants, shoulder implants, hip implants and other implants.
The arthroscopic implants product type segment accounts for highest share of the arthroscopy procedures and products market currently, and is expected to remain the leading segment in terms of value during the forecast period.
Increase in clinical evidences related to the safety, efficacy and economic benefits of arthroscopic implants in younger patients is expected to boost growth of arthroscopic implants segment during the forecast period.Preview Analysis: https://www.futuremarketinsights.com/ask-question/rep-gb-1386By procedure type, the knee arthroscopy segment is expected to hold more than half the global market share, and the revenue from the segment is projected to expand at the highest CAGR over the forecast period as compared to other segments.By region, North America is the largest market in terms of value currently and is expected to retain its position through the forecast period.