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Europe Arthroscopy Devices Market is segmented by Application (Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Shoulder and Elbow Arthroscopy, Other Arthroscopy Devices),, Product, and Geography.
Certain factors that are driving the European arthroscopy devices market growth include increasing incidences of sports injuries, rising geriatric population, and technological advancements in arthroscopic implants. Fractures, strains, sprains, and dislocations are the most common sports injuries. The usual self-treatment recommended for these injuries includes rest, ice, compression, and elevation (RICE). For serious injuries that need more attention, arthroscopy could be recommended, depending on the situation. Injuries can occur in various places and can be of various types. Some of the common injuries include shoulder, hip, knee, elbow, wrist, or ankle injuries; cartilage tears or ligament injuries; inflammation of the lining of the joints; removal of loose fragments of bone or cartilage that become lodged in a joint; and osteoarthritis caused by cartilage loss in a joint. Some of these may require arthroscopic surgery, as it is helpful in their diagnosis and treatment.
Arthroscopy devices are used to examine the bone joints for specific conditions, such as osteoarthritis, rheumatoid arthritis, tendinitis, and bone tumor. The increase in the prevalence of musculoskeletal disorders, due to the rapidly ageing population, is the prime factor driving the demand for the arthroscopy procedures.
|Shoulder and Elbow Arthroscopy|
|Other Arthroscopy Applications|
|Fluid Management System|
|Radiofrequency (RF) System|
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Due to an increase in the geriatric population, in Europe, degenerative knee disease is largely increasing in prevalence. According to the WHO, across the EU member states, diagnosis of knee disorders, including osteoarthritis prevalence varies from 2.8% in Romania to 18.3% in Hungary. The pain is impairing in nature, and often, a knee replacement procedure is the final and only resort to alleviate pain. Arthroscopic knee surgery for degenerative knee disease is the most common orthopedic procedure in European countries. The demand for knee arthroscopy is increasing in the region, due to the increasing prevalence of sports injuries, particularly those acquired through contact sports.
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The European arthroscopy devices market is highly competitive and consists of a number of major players. Companies, like Arthrex Inc., Conmed Corporation, Johnson & Johnson (DePuy Synthes), Karl Storz GmbH & Co. KG, Medtronic PLC, Richard Wolf GmbH, Smith & Nephew PLC, and Stryker Corporation, among others, hold a substantial market share in the European arthroscopy devices market.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Incidences of Sports Injuries
4.2.2 Rising Geriatric Population
4.2.3 Technological Advancements in Arthroscopic Implants
4.3 Market Restraints
4.3.1 Lack of Skilled Surgeons
4.3.2 Stringent Regulatory Requirements
4.3.3 High Cost of Arthroscopy Devices
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.1 Knee Arthroscopy
5.1.2 Hip Arthroscopy
5.1.3 Spine Arthroscopy
5.1.4 Shoulder and Elbow Arthroscopy
5.1.5 Other Arthroscopy Applications
5.2.2 Arthroscopic Implant
5.2.3 Fluid Management System
5.2.4 Radiofrequency (RF) System
5.2.5 Visualization System
5.2.6 Other Products
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Arthrex Inc.
6.1.2 Conmed Corporation
6.1.3 Johnson & Johnson
6.1.4 Karl Storz GmbH & Co. KG
6.1.5 Medtronic PLC.
6.1.6 Richard Wolf GmbH
6.1.7 Smith & Nephew PLC
6.1.8 Stryker Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments