Allied Market Research

2024

Single Axis Arthroscopy Market

Single Axis Arthroscopy Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

LS : Medical Devices & Supplies

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Author's: | Roshan Deshmukh
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Arthroscopy is a surgical procedure used to visualize and treat problems inside a joint by orthopedic surgeons. In this procedure, an orthopedic surgeon makes a small incision in the patient's skin and inserts pencil-sized instruments that comprise a lighting system and a small lens to illuminate and magnify the structures inside the joint. Light gets transmitted through fiber optics to the end of the arthroscope inserted into the joint. The surgeon can see the interior of the joint through this small incision by attaching the arthroscope to a tiny camera. Rise in cases of musculoskeletal disorder due to increase in geriatric populations, and the surge in adoption rate of utilization of arthroscopes by hospitals are the factors that propel the single axis arthroscopy market growth.

COVID-19 Impact analysis

COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome corona virus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.

There has been an increase in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and civil population for precautionary measures, owing to the rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the single axis arthroscopy market.

Top Impacting Factors

  • Increase in cases of musculoskeletal disorder, surge in geriatric populations, growth in sports injuries, rise in demand for minimally invasive procedures & advanced treatments are the factors that drive the growth of the single-axis arthroscopy market.
  • In addition, increase in healthcare expenditure; availability of skilled professionals; rise in R&D activities to improve quality of devices; launch of the novel developed devices in the market; and technological advancements, are some factors, which boost the market growth for single-axis arthroscopy.
  • However, a lack of knowledge for proper handling of the device as well as associated complications, side effects such as excessive swelling or bleeding, damage to blood vessels or nerves, blood clots of a vein, infection, hinder the market growth.

Single Axis Arthroscopy Market Trends

New product launches to flourish the market

In August 2019, Integrated Endoscopy, a medical device company started international pilot launch of the NUVIS arthroscope. NUVIS is a battery-run arthroscope designed to give high-definition visualization through a proprietary optical design.

Key Benefits of the Report

  • This study presents the analytical depiction of the single axis arthroscopy industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the single axis arthroscopy market share.
  • The current market is quantitatively analyzed to highlight the single axis arthroscopy market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the single axis arthroscopy market.
  • The report provides a detailed single axis arthroscopy market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the single axis arthroscopy Report

  • Which are the leading players active in the single axis arthroscopy market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the single axis arthroscopy market?
  • What future projections would help in taking further strategic steps?
  • What is "Single axis arthroscopy"?
  • What is "Single axis arthroscopy" Market prediction in the future?
  • Who are the leading global players in the "Single axis arthroscopy" Market?
  • What are the current trends and predicted trends?
  • What are the key benefits of the "Single axis arthroscopy" Market report?

Single Axis Arthroscopy Market Report Highlights

Aspects Details
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By Product Type
  • 4 mm Arthroscope
  • 2.7 mm Arthroscope
  • 2.4 mm Arthroscope
  • 1.9 mm Arthroscope
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By Application
  • Arthritis Surgery
  • Synovitis Surgery
  • Other Surgery
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
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Key Market Players

CONMED Corporation, Stryker, Biotek, RichardWolf, Olympus, Henke-Sass Wolf GmbH, Arthrex, Smith and Nephew, XION GmbH, KARL STORZ

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Single Axis Arthroscopy Market

Global Opportunity Analysis and Industry Forecast, 2023-2032