Arthroscopy Implants Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Arthroscopy Implants Market Report Overview
The Arthroscopy Implants market size is valued at $1.73 billion in 2023 and the market is expected to grow at a CAGR of more than 2% during 2023-2033. Arthroscopy Implants maintain accurate alignment of small bone fractures and apex fragments in the presence of adequate immobilization. The implants include interference screws and suture anchors. The materials used may be either bio-absorbable or non-absorbable. Suture Anchors and Interference Screws are covered under this segment.
Arthroscopy Implants Market Outlook, 2023-2033 ($ Billion)
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The Arthroscopy Implants market research report has been created to understand market behavior, which will help identify quantitative market trends in Orthopedic Devices therapeutic area. It discusses in detail the impact of COVID-19 on the Arthroscopy Implants market for the year 2020 and beyond.
Market Size (2023) | $1.73 billion |
CAGR (2023-2033) | >2% |
Forecast Period | 2024-2033 |
Historical Period | 2015-2023 |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Key Segments | · Interference Screws
· Suture Anchors |
Leading Companies | · Arthrex Inc
· Stryker Corp · Smith & Nephew Plc · ConMed Corp · DePuy Synthes Inc · Others |
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Arthroscopy Implants Market Dynamics
The Arthroscopic Implants market is growing owing to the ever-increasing population suffering from traumatic joint damage. Due to the increase in the number of individuals routinely involved in purposeful physical activity, the patient pool for Arthroscopic Implant-based procedures is set to increase correspondingly.
In the coming years, GlobalData expects that the Arthroscopic Implants market will be characterized by an increase in the demand for minimally invasive procedures as well as iterative improvements in implant design. This will increase their adoption for treating traumatic joint injuries. GlobalData also believes that there will be continuing improvements in the type of materials used for manufacturing implants. As a result, new opportunities for companies will emerge, making them capable of producing advanced varieties of implants to improve surgical outcomes.
Arthroscopy Implants Market Segments
The Arthroscopy Implants market comprises of segments including interference screws and suture anchors. In 2023, the suture anchors segment is leading in the Arthroscopy Implants market.
Suture Anchors allow for the fixation of soft tissue, such as ligaments and tendons to bone. These implants are screwed into the bone and are attached to sutures which are used to attach to soft tissue. It includes one suture anchor with sutures, one tubing set, and one cannula.
Arthroscopy Implants Market Analysis by Segments, 2023 (%)
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Arthroscopy Implants Market Segmentation by Regions
The key regions in the Arthroscopy Implants market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. North America had the largest share of the Arthroscopy Implants market and is expected to experience strong growth during the forecast period. The growth is attributed to a rise in aging populations and lifestyle changes which lead to increased participation in physical activity for individuals of all ages.
Most sports injuries occur in the young adult population, but older active individuals are also at increased risk of injury. Most of these injuries occur in the knee, shoulder, elbow, and wrist. The advent of bioresorbable Arthroscopic Implants coupled with advanced surgical techniques will also provide a strong foundation for growth in the market.
Arthroscopy Implants Market Analysis by Regions, 2023 (%)
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Arthroscopy Implants Market - Competitive Landscape
Some of the leading companies in the Arthroscopy Implants market are:
- Arthrex Inc
- Smith & Nephew Plc
- Stryker Corp
- ConMed Corp
- DePuy Synthes Inc
Arthrex Inc. held the largest share of the Arthroscopy Implants market in 2023. It is followed by Smith & Nephew Plc.
Arthroscopy Implants Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Arthroscopy Implants Segments Outlook (Value, $ Billion, 2015-2033)
- Interference Screws
- Suture Anchors
Arthroscopy Implants Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –
- CMO executives who must have deep understanding of the Arthroscopy Implants marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to –
- Understand the impact of COVID-19 on the Arthroscopy Implants market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Arthroscopy Implants market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Arthroscopy Implants market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific Arthroscopy Implants market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Smith & Nephew Plc
DePuy Synthes Inc
Stryker Corp
Zimmer Biomet Holdings Inc
ConMed Corp
Others
Frequently asked questions
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What is the Arthroscopy Implants market size in 2023?
The Arthroscopy Implants market size is valued at $1.73 billion in 2023.
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What will be the Arthroscopy Implants market growth rate in the forecast period?
The Arthroscopy Implants market is expected to grow at a CAGR of more than 2% during 2023-2033.
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Which segment held the largest share of the Arthroscopy Implants market?
In 2023, the suture anchors segment is leading in the Arthroscopy Implants market.
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Which are the major companies operating in the Arthroscopy Implants market?
Some of the leading companies in the Arthroscopy Implants market are Arthrex Inc., Smith & Nephew Plc, DePuy Synthes Companies, Stryker Corp, and ConMed Corp.
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