The global demand for Handheld Arthroscopic Instruments Market is presumed to reach the market size of nearly USD 4.47 MN by 2028 from USD 3.04 MN in 2021 with a CAGR of 5.8% under the study period 2022 - 2028.
Handheld arthroscopic instruments are used in arthroscopy, which is used for the treatment, visualization, and diagnosis of problems related to joints. Handheld arthroscopic instruments come in various configurations to suit surgeon preferences and surgical need. They are typically made of metal and are non-disposable. Biters are typically used in knee surgeries, whereas graspers and cutters are usually employed in shoulder procedures. A basic handheld arthroscopic instruments kit includes arthroscopy, a light source and cable, a camera system and monitor, an arthroscopic probe, an arthroscopic grasper, a shaver, and arthroscopic punches.
Market Dynamics
The handheld Arthroscopic Instruments market is driven by several factors, such as the growing elderly population and the prevalence of targeted conditions such as arthritis, knee, spine, shoulder, and hip injuries. The demand for handheld arthroscopic instruments is expected to increase because of the expansion of ambulatory surgery centres (ASCs) in emerging countries and ongoing technical advancement to make the procedure easier and safer. The rising demand for minimally invasive procedures in the healthcare sector will augment the market during the projected period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of handheld arthroscopic instruments. The growth and trends of handheld arthroscopic instruments industry provide a holistic approach to this study.
Market Segmentation
This section of the handheld arthroscopic instruments market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Knives
- Graspers
- Scissors
- Others
By Application
- Knee Surgery
- Shoulder Surgery
- Hip Surgery
- Others
By End User
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Specialty Clinics
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Handheld Arthroscopic Instruments market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Handheld Arthroscopic Instruments Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the handheld arthroscopic instruments market include Smith & Nephew, Karl Storz, Stryker, Arthrex, Zimmer Biomet, Tornier N.V. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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