Arthroscopy devices are specialized medical instruments used during arthroscopic surgery, a minimally invasive procedure that allows doctors to diagnose and treat joint issues. These devices include arthroscopes (small cameras), surgical tools, and related accessories, which are inserted into the joint through small incisions. Arthroscopy devices enable surgeons to visualize, repair, and treat joint conditions such as ligament tears, cartilage damage, and inflammation with greater precision, minimizing patient recovery time compared to open surgery.
Arthroscopy Devices Market Overview
The Arthroscopy Devices Market is expected to grow at a CAGR of 9% during the forecast period 2024-2031
Arthroscopy is a procedure used to diagnose and treat joint issues. During the process, a surgeon uses arthroscopy devices, which include a narrow tube with a fiber-optic video camera, inserted through a small incision roughly the size of a buttonhole. The camera transmits a detailed view of the inside of the joint to an HD video monitor, allowing the surgeon to visualize and address joint problems with precision.
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Arthroscopy Devices Market Dynamics
The growing prevalence of musculoskeletal diseases worldwide is driving market growth. Musculoskeletal conditions are the leading cause of disability globally, with low back pain being the top cause of disability in 160 countries. As reported by the World Health Organization (WHO) in July 2022, approximately 1.71 billion people suffer from musculoskeletal conditions worldwide. This number is rapidly increasing due to population growth and aging.
Rehabilitation is effective in reducing pain, building muscle strength, and improving physical mobility and functional ability in individuals with musculoskeletal disorders. Additionally, rehabilitation plays a crucial role in decreasing hospitalization rates and lowering healthcare costs. According to the WHO, rehabilitation is a vital health resource for the entire population and is essential for achieving universal health coverage.
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The Arthroscopy Devices Market is segmented
By Product Type: Arthroscopic Implants, Arthroscopes, Arthroscopy Instruments and Accessories, Arthroscopy Fluid Management Devices, Arthroscopy Radiofrequency Devices, Arthroscopy Shaves, Arthroscopy Visualization Devices
By Application: Knee, Shoulder, Hip, Foot & Ankle, Others
By End User: Hospitals, Ambulatory Surgical Centers, Others
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Arthroscopy Devices Market Companies
· Arthrex
· Stryker Corporation
· Conmed
· DePuy Synthes
· Smith & Nephew
· Karl Storz GmbH & Co. KG
· Olympus America Inc.
· Vimax Sp. Z.o.o.
· Wright Medical Group N.V.
· Richard Wolf GmbH
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