Asia-Pacific Arthroscopy Devices Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025
Asia-Pacific arthroscopy devices market is expected to reach USD 3,613.26 Million by 2025 from USD 1,253.49 Million in 2017, at a CAGR of 14.1% in the forecast period 2018 to 2025.
The major factors driving the growth of this market are increase in geriatric and ageing population, increase in joint replacement surgery, increase demand for minimal invasive procedures and rise in sports related injuries. On the other hand, high cost of arthroscopic devices may hinder the growth of the market.
The key market players for Asia-Pacific arthroscopy devices market are listed below:
• Arthrex, Inc.
• Smith & Nephew
• Zimmer Biomet
• ConMed Corporation
• Depuy Synthes (Subsidiary of Johnson & Johnson Services, Inc.)
• Wright Medical Group N.V.
• Biotek (Chetan Meditech Pvt. Ltd.)
• GPC Medical Ltd
• Vimex SP. Z O. O.
• Richard Wolf Gmbh
• Karl Storz SE & CO. KG
The market is further segmented into:
• Product Type
• Procedure Type
• End User
The Asia-Pacific arthroscopy devices market is segmented on the basis of product type, procedure type and end user. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
Based on product type, the Asia-Pacific arthroscopy devices market is segmented into arthroscopes, arthroscopy fluid management systems, arthroscopy visualization systems, arthroscopy implants, arthroscopy shavers, arthroscopy RF ablation systems and arthroscopy RF wands. The Asia-Pacific arthroscopy devices market is dominated by arthroscopes implants with 39.5% market share in 2018, growing with the CAGR of 14.4% in the forecast period. Arthroscopy implants are further segmented into shoulder repair implants, hip repair implants, knee repair implants and others repair implants. Shoulder repair implants are further sub segmented into suture anchors and knotless anchors. Hip repair implants are further sub segmented into suture anchors and knotless anchors. Knee repair implants is further sub segmented into suture anchors, knotless anchors and interference anchors.
On the basis of procedure type, the Asia-Pacific arthroscopy devices market is segmented into knee arthroscopy procedure, shoulder arthroscopy procedure, hip arthroscopy procedure and other arthroscopy procedure. In 2018, the knee arthroscopy procedure segment is expected to dominate the market with 52.6% market share.
On the basis of end users, the Asia-Pacific arthroscopy devices market is classified into hospitals, ambulatory surgical centers, orthopedic clinics and community hospitals.
Based on country, the market is segmented into ten countries namely, China, Japan, South Korea, India, Australia, Thailand, Singapore, Malaysia, Philippines, Indonesia and Rest of Asia-pacific.
Covered in this report
The report covers the present scenario and the growth prospects of the Asia-Pacific arthroscopy devices market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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