Global Arthroscopy Fluid Management Disposables Market Overview:
Global Arthroscopy Fluid Management Disposables Market were expected to reach $1.2 billion in 2022. According to our market research, the market is expected to increase at a compound annual growth rate (CAGR) of 6.1% between 2023 and 2033, reaching US$ 0.36 billion.
Medical devices called arthroscopy fluid management disposables are used during arthroscopic procedures to control the pressure and flow of fluids, like irrigation or saline, inside the joint area. A minimally invasive surgical technique called an arthroscopy is used to identify and treat joint issues like damaged ligaments, tendons, and cartilage. A tiny incision is made close to the joint during an arthroscopy, and surgical tools and a tiny camera are inserted to view and fix the joint. Pressure monitoring lines, arthroscopic pumps, and inflow/outflow cannulas are examples of disposables used in fluid management that control the flow and pressure of fluids in the joint area. Disposables for managing arthroscopy fluid are intended for single use and are thrown away following each surgery.
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Driving Factors:
Improved Treatment Capability and Uptake of Cutting-Edge Technologies to Promote Market Expansion
Technological innovations that improve arthroscopic surgeries will keep driving the market's expansion. Furthermore, because fluid management solutions can streamline the visualization process, demand is anticipated to increase.
Moreover, the increasing utilisation of the all-arthroscopic LaserJet (aL) approach in the management of recurrent shoulder instability is anticipated to present profitable expansion prospects for industry participants. Researchers from Campus Bio-Medico University in Milan and Villa Maria Cecilia Hospital in September 2019 published a study suggesting that the arthroscopic LaserJet technique could be used to treat recurrent anterior shoulder instability.
the increased desire for minimally invasive surgical techniques, the growing prevalence of joint problems, and the developments in arthroscopic technology. The availability of qualified healthcare workers and advantageous reimbursement rules are also anticipated to fuel market expansion. Based on product type, end-user, and geography, the market for disposables for arthroscopy fluid management may be divided. Shaver blades, arthroscopic pumps, inflow/outflow cannulas, and pressure monitoring lines are examples of common product types. Hospitals, ambulatory surgery facilities, and specialized clinics are examples of end-users.
COVID-19 Effect
The arthroscopy fluid management disposables market has been affected by the COVID-19 epidemic in a variety of ways. In one sense, the need for disposables for arthroscopy fluid management has momentarily decreased as a result of the pandemic-related postponement of elective operations and treatments. However, the number of patients requiring arthroscopic surgeries due to musculoskeletal issues has also increased as a result of the growing COVID-19 case load. Many hospitals and healthcare facilities delayed elective surgeries and treatments in the early stages of the epidemic in order to conserve resources and lower the risk of transmission. As a result, there was less of a need for disposables for arthroscopy fluid control.
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Market Segments:
Based on product type
- Pumps
- Tubing’s
- Cannulas
- Filters
- Others
Based on end-user
- Hospitals
- Ambulatory surgical centres
- Clinics
Why should I purchase this report?
Together with corroborating market trends, obstacles, and constraints, the research presents quantitative and qualitative aspects of the market in terms of value and volume.
At the regional and national levels, the report offers a thorough analysis from the perspectives of production and consumption. The production capacity by nations and regions, average price, consumption ratio, revenue earned, and gross margin are important factors that are taken into account within the report's scope.
The study offers a competitive analysis of about 30 to 50 businesses that are active in the industry. These businesses are divided into three categories: leaders, key competitors, and niche players. The following elements are taken into consideration when analyzing the companies:
SWOT analysis; business model; production capacity; revenue; sales; gross margin; key business strategy.
Geographically Analysis:
North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Due to the high incidence of musculoskeletal problems and the growing use of arthroscopic operations in the region, North America presently holds the biggest market share for disposables used in arthroscopy fluid management processes. The biggest market in the region is the US, followed by Canada. The region's market is expanding due in part to North America's high level of healthcare spending and the existence of a well-established healthcare infrastructure. Thanks to a growing number of minimally invasive surgical procedures and musculoskeletal problems, Europe is another important market for arthroscopy fluid management disposables.
in the Asia-Pacific area in the next years as a result of the growing demand for less invasive surgical treatments and the growing incidence of musculoskeletal conditions. China, Japan, and India are the three largest markets in the area, driven by their substantial patient populations, growing healthcare expenditures, and growing usage of arthroscopic surgery. Even though they are now relatively small markets, it is anticipated that Latin America, the Middle East, and Africa would see significant growth in the years to come for disposables used in arthroscopy fluid management.
Key Market Players:
- Stryker Corporation
- Anthrax Inc.
- Karl Stork GmbH & Co. KG
- Richard Wolf GmbH
- Smith & Nephew plc
- CONMED Corporation
- Braun Melsungen AG
- Johnson & Johnson
- Zimmer Biomet Holdings Inc.
- and Medtronic plc.
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