Market Overview:
The global arthroscopy forceps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of joint diseases, rising demand for minimally invasive surgeries, and technological advancements in arthroscopy devices. Based on type, the global arthroscopy forceps market is segmented into straight and curved forceps. The straight forceps segment is expected to account for the majority share of the global market in 2018 owing to its low cost and easy availability. However, the curved forceps segment is projected to grow at a higher CAGR during the forecast period due its ability to provide better grip on tissues and superior maneuverability. Based on application, hospitals are estimated to account for a larger share of the global arthroscopy forceps market than clinics in 2018.
Product Definition:
Arthroscopy forceps are used to hold and move tissues around during an arthroscopic procedure. They are important because they allow the surgeon to manipulate tissue without damaging it.
Straight:
The straight is a surgical instrument used in arthroscopy. It is basically an elongated, hollow tube that aids in joint manipulation and cleaning. The straight can be differentiated from the needle by its flat end which is used for injecting lubricants or medications into the joint space of patients during arthroscopic surgeries.
Curved:
The global curved and its usage in arthroscopy forceps market size was valued at USD 6.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing prevalence of osteoarthritis, which leads to an increase in the number of knee replacement surgeries, is one of the key factors driving growth for this market globally as well as for countries such as U.S., Germany, Japan, etc.
Application Insights:
The global market is segmented by application into hospital clinics. Hospital based arthroscopy forceps are used for surgical treatment of hip and knee disorders in addition to other diseases such as cancer, tuberculosis, and cardiovascular diseases. The increasing prevalence of these disorders is anticipated to be the major driver for this segment during the forecast period.
Clinic-based arthroscopy forceps are primarily used for diagnostic evaluation of joint disorder patients by providing surgeons with a magnified view inside the joint space enabling them to identify potential problems more easily.
Regional Analysis:
North America dominated the global market in 2017 owing to high adoption of technologically advanced products and increasing healthcare expenditure. The region is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies, presence of well-established healthcare facilities, and increasing awareness about arthritis care.
Asia Pacific is anticipated to be the fastest-growing regional market during the forecast period owing to improving economic conditions in emerging countries such as India and China. In addition, rising geriatric population prone toward chronic diseases will drive growth in this region. Moreover, government initiatives for quality medical services are expected favorably impact regional growth rate over the next eight years.
Growth Factors:
- Increasing incidence of joint disorders: The global Arthroscopy Forceps market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing incidence of joint disorders such as arthritis and osteoarthritis. This is mainly due to the changing lifestyle and dietary habits, which are leading to an increase in obesity and other chronic diseases.
- Growing demand for minimally invasive surgeries: The growth of the Arthroscopy Forceps market is also attributed to the growing demand for minimally invasive surgeries (MIS) across the globe. MIS procedures are less invasive as compared to traditional open surgery procedures, resulting in shorter hospital stays, reduced pain, and faster recovery times for patients.
- Technological advancements in arthroscopic devices: The technological advancements in arthroscopic devices are aiding in better diagnosis and treatment of joint disorders, thereby driving the growth of the Arthroscopy Forceps market globally. For instance, recent advancements such as image-guided surgery systems have helped surgeons perform more accurate diagnoses and treatments with minimal invasiveness or damage caused to surrounding tissues or organs during surgery procedures .
Scope Of The Report
Report Attributes
Report Details
Report Title
Arthroscopy Forceps Market Research Report
By Type
Straight, Curved
By Application
Hosptial, Clinic
By Companies
MicroSurgical Technology, Rumex, Peregrine, OPHMED, ASICO, Symmetry Surgical, Wexler Surgical, Labtician Ophthalmics, Geuder Group, Cardio Care, MicroSurgical Technology, Strong Vision Technology, Ackermann, Action Medical, Ningbo Cheng-He Microsurgical Instruments Factory, Tech (Nanjing)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Arthroscopy Forceps Market Report Segments:
The global Arthroscopy Forceps market is segmented on the basis of:
Types
Straight, Curved
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hosptial, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MicroSurgical Technology
- Rumex
- Peregrine
- OPHMED
- ASICO
- Symmetry Surgical
- Wexler Surgical
- Labtician Ophthalmics
- Geuder Group
- Cardio Care
- MicroSurgical Technology
- Strong Vision Technology
- Ackermann
- Action Medical
- Ningbo Cheng-He Microsurgical Instruments Factory
- Tech (Nanjing)
Highlights of The Arthroscopy Forceps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Straight
- Curved
- By Application:
- Hosptial
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Arthroscopy Forceps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Arthroscopy forceps are a surgical instrument used to grasp and manipulate tissue during arthroscopic surgery.
Some of the major companies in the arthroscopy forceps market are MicroSurgical Technology, Rumex, Peregrine, OPHMED, ASICO, Symmetry Surgical, Wexler Surgical, Labtician Ophthalmics, Geuder Group, Cardio Care, MicroSurgical Technology, Strong Vision Technology, Ackermann, Action Medical, Ningbo Cheng-He Microsurgical Instruments Factory, Tech (Nanjing).
The arthroscopy forceps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arthroscopy Forceps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Arthroscopy Forceps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Arthroscopy Forceps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Arthroscopy Forceps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Arthroscopy Forceps Market Size & Forecast, 2020-2028
4.5.1 Arthroscopy Forceps Market Size and Y-o-Y Growth
4.5.2 Arthroscopy Forceps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Straight
5.2.2 Curved
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hosptial
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arthroscopy Forceps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Arthroscopy Forceps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Straight
9.6.2 Curved
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hosptial
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Straight
10.6.2 Curved
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hosptial
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Straight
11.6.2 Curved
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hosptial
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Straight
12.6.2 Curved
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hosptial
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Straight
13.6.2 Curved
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hosptial
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Arthroscopy Forceps Market: Competitive Dashboard
14.2 Global Arthroscopy Forceps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MicroSurgical Technology
14.3.2 Rumex
14.3.3 Peregrine
14.3.4 OPHMED
14.3.5 ASICO
14.3.6 Symmetry Surgical
14.3.7 Wexler Surgical
14.3.8 Labtician Ophthalmics
14.3.9 Geuder Group
14.3.10 Cardio Care
14.3.11 MicroSurgical Technology
14.3.12 Strong Vision Technology
14.3.13 Ackermann
14.3.14 Action Medical
14.3.15 Ningbo Cheng-He Microsurgical Instruments Factory
14.3.16 Tech (Nanjing)
