The handheld arthroscopic instruments global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Handheld Arthroscopic Instruments Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The handheld arthroscopic instruments market size has grown strongly in recent years. It will grow from $3 billion in 2023 to $3.19 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increased government and private spending, increased use of disposable instruments, an increased focus on surgical efficiency, increased training and education for surgeons, and a rise in ambulatory surgical centers (ASCs).
The handheld arthroscopic instruments market size is expected to see strong growth in the next few years. It will grow to $4.1 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to a shift toward minimally invasive surgeries, the growth of ambulatory surgical centers, supportive regulatory frameworks, the evolution of surgical techniques, and the development of specialized instruments. Major trends in the forecast period include expansion of port infrastructure, emphasis on personalized medicine and patient-centric care, expanding applications in sports medicine, expansion of indications for arthroscopic surgery, and exploration of biocompatible materials.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/handheld-arthroscopic-instruments-global-market-report
Scope Of Handheld Arthroscopic Instruments Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Handheld Arthroscopic Instruments Market Overview
Market Drivers –
The growing number of knee implant patients is expected to propel the growth of the handheld arthroscopic instrument market going forward. Knee implant patients are individuals who have received an artificial knee joint through surgery to alleviate severe pain and restore function in a damaged or arthritic knee. The number of knee implant patients is growing due to an aging population, increased prevalence of osteoarthritis and other joint diseases, and advancements in surgical techniques that make the procedure more accessible and effective. Handheld arthroscopic instruments enhance knee implant procedures by allowing surgeons to perform minimally invasive surgeries with greater precision and a clearer view of the joint. For instance, in 2023, according to a report published by the Canadian Institute for Health Information, a Canada-based independent non-profit organization, there was a 4.6% increase in hip and knee revision surgeries compared to the previous year, with 8,942 procedures performed in 2021–2022, up from 8,548 in 2020–2021. Therefore, the growing number of knee implant patients is driving the growth of the handheld arthroscopic instrument market.
Market Trends –
Major companies operating in the handheld arthroscopic instruments market are focusing on developing solutions with technological advancements, such as the 4K single-use surgical arthroscope, to enhance precision and improve patient outcomes. A single-use surgical arthroscope is a disposable device designed for one-time use in procedures, eliminating the need for cleaning and reducing the risk of infection. For instance, in November 2023, Pristine Surgical, a US-based medical technology manufacturer, launched its Summit 4K single-use surgical arthroscope, designed to enhance arthroscopic procedures with high-definition imaging and a sterile, ready-to-use format. This innovative device features 4K resolution and integrates with Pristine Connect, a cloud-based software for managing surgical images and inventory. The Summit arthroscope eliminates the challenges of cleaning and maintaining reusable scopes, offering a cost-effective subscription model for healthcare facilities.
The handheld arthroscopic instruments market covered in this report is segmented –
1) By Type: Disposable Handheld Arthroscopic Instrument, Reusable Handheld Arthroscopic Instrument
2) By Product Type: Knives, Graspers, Scissors, Other Product Types
3) By Application: Knee Surgery, Shoulder Surgery, Hip Surgery, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics
Get an inside scoop of the handheld arthroscopic instruments market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19495&type=smp
Regional Insights –
North America was the largest region in the handheld arthroscopic instruments market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the handheld arthroscopic instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the handheld arthroscopic instruments market are Johnson & Johnson Services Inc., Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Smith & Nephew plc, B. Braun Medical Inc., Arthrex Inc., Teleflex Incorporated, KARL STORZ SE & Co. KG, Joint Engineering Inc., CONMED Corporation, KLS Martin Group, Richard Wolf GmbH, Reda Instrumente GmbH, Pioneer Healthcare Technologies Pvt. Ltd., TEKNO-MEDICAL Optik-Chirurgie GmbH, Hayden Medical Inc., Millennium Surgical Corp., Innomed Inc., M/S Devesh Meditech, Nebula Surgical Pvt. Ltd., Genuine Medica Pvt. Ltd., Sangam Surgical
Table of Contents
1. Executive Summary
2. Handheld Arthroscopic Instruments Market Report Structure
3. Handheld Arthroscopic Instruments Market Trends And Strategies
4. Handheld Arthroscopic Instruments Market – Macro Economic Scenario
5. Handheld Arthroscopic Instruments Market Size And Growth
…..
27. Handheld Arthroscopic Instruments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
