Arthroscopy Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global arthroscopy market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising geriatric population as well as sport participation that are prone to injuries requiring arthroscopic procedures.
Arthroscopy is a surgical procedure to repair a joint and other related bone problems. This surgical procedure is minimally invasive and saves patients from total knee replacement. According to America Academy of Orthopedic Surgeons, over 4 million knee arthroscopic surgeries are performed worldwide annually. Approximately 1.4 million shoulder arthroscopic procedures are performed worldwide as per the data provided by American Orthopedic Society for Sports Medicine. With the increasing sport injuries, there is wide demand for the introduction of improved versions and development in technology. Request Sample link :- https://growthmarketreports.com/request-sample/2403
Market Trends, Drivers, Restraints, and Opportunities
Increasing number of the global geriatric population and growing number of sports participation from adults are expected to drive the market growth. Development of innovative diagnostic technology and introduction of advanced treatment devices are projected to propel the market expansion. Rising demand for minimally invasive surgeries is estimated to boost the arthroscopy market. Increasing awareness regarding timely diagnosis for bone injuries to prevent from severe consequence in later development is expected to fuel the market growth. High cost of the treatment and complexity in the reimbursement policies across countries are major challenges that can impede the market growth during the forecast period. Increasing use of fluid management systems to better the visualization process is expected to accelerate the growth of the market in the coming years.