Arthroscopy Devices And Equipment Market 2020 Strategic Assessments – Arthrex, Inc., Smith & Nephew, ConMed Corporation, Stryker, Medtronic

The arthroscopy devices and equipment market consists of sales of arthroscopy devices and equipment and related services. Arthroscopy devices are used in arthroscopy procedures (a minimally invasive procedure) for the diagnosis and treatment of joint problems such as torn cartilage, ACL, and sports related injuries conducted on hip, knee, shoulder, spine, ankle, wrist, and elbow. The key products include arthroscopies, radiofrequency probes, and patient positioning systems, fluid management systems, cannula, hand instruments, fixation devices, and accessories.

The global arthroscopy devices and equipment market was valued at about $2.6 billion in 2018 and is expected to grow to $2.9 billion at a CAGR of 2.8% through 2022.

Request a Sample copy of this report at:

https://www.marketinsightsreports.com/reports/11081540841/arthroscopy-devices-and-equipment-global-market-report-2020-including-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-others-3-by-end-user-hospitals-ambulatory-care-trauma-centers-covering-arthrex-inc-smith-nephew-conmed-corporation-stryker-medtronic/inquiry?source=MW&Mode=12

Top Leading Companies Mentioned are: Arthrex, Inc., Smith & Nephew, ConMed Corporation, Stryker, Medtronic.

Markets Covered:

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, Others

3) By End User : Hospitals, Ambulatory Care, Trauma Centers

The increasing prevalence of arthritis is driving the need for arthroscopy devices. Sedentary lifestyle of the people has led to an increase in the number of people suffering from arthritis. The National Arthritis Prevalence Projections stated that arthritis is expected to increase with the aging population, thereby increasing the demand for arthroscopic devices. According to Centers for Disease Control and Prevention (CDC), in 2015, 54.4 million adults in the USA were diagnosed with arthritis and the number is predicted to reach 78.4 million by 2040.

Rise in product recalls is one of the restraints for the Arthroscopy Treatment Devices and Equipment market. Product recall is a process of retrieving all faulty and defective products that have been sold or are available in the market. When a company recalls a product from the market, the company baers all the cost of fixing the defective product and cost of replacement. This replacement cost for large number of products can go up to multi-million dollars, restraining the growth of the company and for the whole market as well. For example, in the year 2017, Windstone Medical Packaging recalled its cover light handle disposable gloves of AMS kits as the gloves contained splits and punctures holes.

The arthroscopy device and equipment industry is witnessing rise in mergers and acquisition activity. Major companies in the arthroscopy device market strategically acquired start-ups and mid-sized companies to broaden their products and services. For instance, in 2019, Smith & Nephew acquired Ceterix orthopedics in order to expand its product portfolio on NovoStitch Pro Meniscal Repair System, a knee repair device, and capitalize on the rising demand. In April 2016, Stryker Corp. acquired CareFusion vertebral compression fracture (VCF) portfolio from Becton, Dickinson and Company. The portfolio includes minimally-invasive systems used in vertebroplasty and vertebral augmentation procedures. Through this acquisition, Stryker Corp. will strengthen its position in the minimally invasive vertebral compression fracture treatment market. Anika Therapeutics is in strategic partnerships with industry leaders such as DePuy Synthes, Mitek Sports Medicine, Medtronic, and Boehringer Ingelheim to develop new orthrobiologics. In June 2015, Anika Therapeutics collaborated with the Institute for Applied Life Sciences at the University of Massachusetts for the development of new therapies to treat bone-related diseases. The company aims to launch new products to improve its market position in the global arthroscopy devices market. In November 2016, Stryker Corporation announced multi-year partnership with Indo UK Institute of Health to deliver affordable arthroscopic care in India.

The Arthroscopy Devices And Equipment Global Market Briefing Report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the Arthroscopy Devices And Equipment market revenues, covering both the historic growth of the market and forecasting the future.

Drivers and restraints looks at the external factors supporting and controlling the growth of the market. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified. The trends and strategies section highlights the likely future developments in the Arthroscopy Devices And Equipment market and suggests approaches.

Essential points covered in Global Arthroscopy Devices And Equipment Market 2020 Research are:-

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

This independent 200 pages report guarantees you will remain better informed than your competition. With over figures examining the Arthroscopy Devices And Equipment market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2022.

Avail Discount on Purchase:

https://www.marketinsightsreports.com/reports/11081540841/arthroscopy-devices-and-equipment-global-market-report-2020-including-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-others-3-by-end-user-hospitals-ambulatory-care-trauma-centers-covering-arthrex-inc-smith-nephew-conmed-corporation-stryker-medtronic/discount?source=MW&Mode=12

Furthermore, the report provides a detailed analysis of the global Arthroscopy Devices And Equipment market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Arthroscopy Devices And Equipment market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

In June 2018, Medicines and Healthcare products Regulatory Agency (MRHA), a regulatory body for arthroscopic and orthopedic devices of the UK, sent an urgent field safety notice to Stryker corporation, a medical and Orthopedics device manufacturer, initiating a lot-specific recall for the Stryker hip Products. The notice was sent as the implantation devices were either larger or smaller than the intended device. This impacted patient’s health by insufficient soft tissue tension, excessive stress in soft tissue, hip instability and risks associated with revision surgeries. To reduce incidences associated with these devices MRHA has sent an urgent field safety notice to take a corrective action by returning to supplier in order to conduct an investigation and correct the device.

In 2018, Stryker Corporation acquired K2M Group Holdings, Inc. for $1.4 billion. This acquisition will strengthen and expand Stryker’s offerings in the arthroscopy, minimally invasive spine portfolio and increase its capabilities in additive manufacturing. K2M Group Holdings, Inc., a company offering complex spine and minimally invasive solutions, designs, develops, and commercializes innovative complex spine and minimally invasive spine technologies and techniques used by spine surgeons to treat some of the most complicated spinal pathologies. The company was founded in 2004 and is headquartered in Leesburg, Virginia, USA.
Reasons for Buying this Report:

  • Outperform competitors using accurate up to date demand-side dynamics information.
  • Identify growth segments for investment.
  • Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
  • Create regional and country strategies on the basis of local data and analysis.
  • Stay abreast of the latest customer and market research findings
  • Benchmark performance against key competitors.
  • Develop strategies based on likely future developments.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Gain a global perspective on the development of the market.
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order

The research includes historic data from 2015 to 2018 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Arthroscopy Devices And Equipment on the basis of stating current situation of the industry in 2019 so as to make comprehensive organization and judgment on the competition situation and development trend of Arthroscopy Devices And Equipment Market and assist manufacturers and investment organization to better grasp the development course of Arthroscopy Devices And Equipment Market.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/11081540841/arthroscopy-devices-and-equipment-global-market-report-2020-including-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-others-3-by-end-user-hospitals-ambulatory-care-trauma-centers-covering-arthrex-inc-smith-nephew-conmed-corporation-stryker-medtronic?source=MW&Mode=12

Customization of the Report:

MarketInsightsReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

About Us:-

MarketInsightsReports provides syndicated market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. These reports include in-depth market research studies i.e. market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact US:

Irfan Tamboli (Head of Sales)

Market Insights Reports

Phone: + 1704 266 3234 | Mob: +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

Leave a Reply

Your email address will not be published. Required fields are marked *