The Arthroscopy Devices And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Arthroscopy Devices And Equipment Global Market Report 2024, The arthroscopy devices and equipment market size has grown strongly in recent years. It will grow from $5.64 billion in 2023 to $6.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to orthopedic conditions prevalence, minimally invasive surgery, aging population, sports medicine.
The arthroscopy devices and equipment market size is expected to see strong growth in the next few years. It will grow to $7.95 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to emerging markets growth, regulatory support and reimbursement, telehealth and remote consultation, value-based healthcare. Major trends in the forecast period include augmented reality (ar) and virtual reality (vr), 3d imaging and printing, artificial intelligence (ai), sustainable practices.
The growth in the older population is expected to drive the arthroscopy devices and equipment market going forward. The older population is prone to a number of orthopedic disease conditions such as arthritis, rheumatoid arthritis, and osteoarthritis. As more people enter the older age group, there is a higher likelihood of conditions such as osteoarthritis and other joint ailments, which often necessitate arthroscopic procedures for diagnosis and treatment. For instance, in October 2022, according to the World Health Organization, a US-based specialized health agency, Globally, 1 in 6 individuals will be 60 or older by 2030, and by 2050, there will be a double number of individuals in this age group (2.1 billion). Therefore, the increasing older population is expected to drive the market during the forecast period.
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The arthroscopy devices and equipment market covered in this report is segmented –
1) By Product: Arthroscopes; Arthroscopy Shavers; Arthroscopy Fluid Management System; Arthroscopy Radiofrequency System; Arthroscopy Visualization System; Arthroscopy Implants
2) By Application: Knee Arthroscopy; Hip Arthroscopy; Spine Arthroscopy; Foot & Ankle Arthroscopy; Shoulder & Elbow Arthroscopy; Other Applications
3) By End User: Hospitals; Ambulatory Care; Trauma Centers
The arthroscopy devices and equipment market report table of contents includes:
1. Executive Summary
2. Bacterial And Plasmid Vectors Market Characteristics
3. Bacterial And Plasmid Vectors Market Trends And Strategies
4. Bacterial And Plasmid Vectors Market – Macro Economic Scenario
5. Global Bacterial And Plasmid Vectors Market Size and Growth
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26. South America Bacterial And Plasmid Vectors Market
27. Brazil Bacterial And Plasmid Vectors Market
28. Middle East Bacterial And Plasmid Vectors Market
29. Africa Bacterial And Plasmid Vectors Market
30. Bacterial And Plasmid Vectors Market Competitive Landscape And Company Profiles
Top Major Players:
- Sigma-Aldrich Inc
- ATUM
- QIAGEN N.V
- Promega Corporation
- Thermo Fisher Scientific Inc
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