Market Overview:
The global arthroscopy RF system 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 geriatric population, and technological advancements in arthroscopy RF systems. Based on type, the bipolar wand segment is expected to account for the largest share of the global arthroscopy RF system market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its advantages over monopolar wands such as lower thermal injury risk and less tissue damage. Based on application, hospitals are expected to account for the largest share of the global arthroscopy RF system market in 2018.
Product Definition:
Arthroscopy RF System is a surgical procedure that uses a small, lighted tube called an arthroscope to examine and treat problems inside a joint. The arthroscope is inserted into the joint through a tiny incision. Arthroscopy RF System may be used to remove debris from the joint, repair or reconstruct damaged ligaments or tendons, shave away bone spurs, and smooth rough cartilage surfaces.
Bipolar Wand:
Bipolar wand is a device used for real-time visualization of soft tissues during arthroscopy. It creates an electric field which causes the cell movement and assists in identifying ligaments, tendons, nerves & joint spaces. The bipolar wand has different configurations such as flat or curved surface that provides better visibility depending upon the procedure being performed.
Monopolar Wand:
Monopolar wand is a device used in arthroscopy procedures for the insertion of surgical tools. It is an alternative to the conventional electrosurgical wands and helps in reducing patient injury due to less voltage usage during surgery. The monopolar wand has two metal electrodes connected by an insulated wire which comes out of the body, it creates a magnetic field around it that allows surgeons to see and operate inside the joint space with great ease.
Application Insights:
The global market is segmented by application into hospital, cilinic, household and rehabilitation centre. The hospital segment dominated the market in 2017 owing to increasing demand for arthroscopy procedures and high usage rates of RF systems in hospitals. Hospital-based clinics are preferred over conventional medical settings as they offer a more convenient access to healthcare services. Conventional medical imaging methods such as x-rays cannot be used to diagnose conditions requiring immediate surgical intervention; hence, patients suffering from acute injuries or sports injuries are referred for surgery at the earliest possible time using arthroscopy which allows direct visualization of soft tissue structures without opening up the patient¢â‚¬â„¢s body.
Household is expected to be one of fastest growing segments during forecast years due to rising adoption rate of these devices across developing countries such as India.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of technologically advanced products and devices, and increasing demand for minimally invasive surgeries. Moreover, growing number of research studies conducted to obtain more insights into arthroscopic procedures is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period due to rising geriatric population base with joint problems and improving healthcare facilities in emerging economies such as China & India. Furthermore, government initiatives encouraging medical tourism are expected boost revenue generation in this region. For instance, The Government of India has planned ‘Medical Tourism Year’ from April 2015 which aims at promoting medical travel by offering various incentives such as tax benefits on foreign exchange earnings or donations made by tourists towards health causes etc.
Growth Factors:
- Increasing incidence of joint diseases: The global Arthroscopy RF System market is expected to grow at a CAGR of 7.5% during the forecast period due to the increasing incidence of joint diseases, such as arthritis and osteoarthritis.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 8.0% during the forecast period, which is likely to increase the demand for arthroscopy procedures in the coming years.
- Technological advancements: The introduction of technologically advanced arthroscopy RF systems has helped improve patient outcomes and reduce procedure time and costs associated with these surgeries. This is likely to boost the growth of this market in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Arthroscopy RF System Market Research Report
By Type
Bipolar Wand, Monopolar Wand
By Application
Hospital, Cilinic, Household, Rehabilitation Centre
By Companies
Smith and Nephew, Arthrex, Stryker Corporation, Johnson and Johnson, Conmed Corporation, KARL STORZ, Medtronic, Richard Wolf, Zimmer Biomet Holding
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Arthroscopy RF System Market Report Segments:
The global Arthroscopy RF System market is segmented on the basis of:
Types
Bipolar Wand, Monopolar Wand
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
Hospital, Cilinic, Household, Rehabilitation Centre
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:
- Smith and Nephew
- Arthrex
- Stryker Corporation
- Johnson and Johnson
- Conmed Corporation
- KARL STORZ
- Medtronic
- Richard Wolf
- Zimmer Biomet Holding
Highlights of The Arthroscopy RF System 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:
- Bipolar Wand
- Monopolar Wand
- By Application:
- Hospital
- Cilinic
- Household
- Rehabilitation Centre
- 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 RF System 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 RF System is a medical device that uses radiofrequency energy to perform arthroscopic surgery.
Some of the major players in the arthroscopy rf system market are Smith and Nephew, Arthrex, Stryker Corporation, Johnson and Johnson, Conmed Corporation, KARL STORZ, Medtronic, Richard Wolf, Zimmer Biomet Holding.
The arthroscopy rf system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arthroscopy RF System 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 RF System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Arthroscopy RF System 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 RF System 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 RF System Market Size & Forecast, 2018-2028
4.5.1 Arthroscopy RF System Market Size and Y-o-Y Growth
4.5.2 Arthroscopy RF System Market Absolute $ Opportunity
Chapter 5 Global Arthroscopy RF System 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 Arthroscopy RF System Market Size Forecast by Type
5.2.1 Bipolar Wand
5.2.2 Monopolar Wand
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Arthroscopy RF System 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 Arthroscopy RF System Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Cilinic
6.2.3 Household
6.2.4 Rehabilitation Centre
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arthroscopy RF System 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 RF System 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 Arthroscopy RF System Analysis and Forecast
9.1 Introduction
9.2 North America Arthroscopy RF System 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 Arthroscopy RF System Market Size Forecast by Type
9.6.1 Bipolar Wand
9.6.2 Monopolar Wand
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 Arthroscopy RF System Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Cilinic
9.10.3 Household
9.10.4 Rehabilitation Centre
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 Arthroscopy RF System Analysis and Forecast
10.1 Introduction
10.2 Europe Arthroscopy RF System 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 Arthroscopy RF System Market Size Forecast by Type
10.6.1 Bipolar Wand
10.6.2 Monopolar Wand
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 Arthroscopy RF System Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Cilinic
10.10.3 Household
10.10.4 Rehabilitation Centre
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 Arthroscopy RF System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Arthroscopy RF System 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 Arthroscopy RF System Market Size Forecast by Type
11.6.1 Bipolar Wand
11.6.2 Monopolar Wand
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 Arthroscopy RF System Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Cilinic
11.10.3 Household
11.10.4 Rehabilitation Centre
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 Arthroscopy RF System Analysis and Forecast
12.1 Introduction
12.2 Latin America Arthroscopy RF System 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 Arthroscopy RF System Market Size Forecast by Type
12.6.1 Bipolar Wand
12.6.2 Monopolar Wand
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 Arthroscopy RF System Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Cilinic
12.10.3 Household
12.10.4 Rehabilitation Centre
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) Arthroscopy RF System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Arthroscopy RF System 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) Arthroscopy RF System Market Size Forecast by Type
13.6.1 Bipolar Wand
13.6.2 Monopolar Wand
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) Arthroscopy RF System Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Cilinic
13.10.3 Household
13.10.4 Rehabilitation Centre
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 RF System Market: Competitive Dashboard
14.2 Global Arthroscopy RF System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smith and Nephew
14.3.2 Arthrex
14.3.3 Stryker Corporation
14.3.4 Johnson and Johnson
14.3.5 Conmed Corporation
14.3.6 KARL STORZ
14.3.7 Medtronic
14.3.8 Richard Wolf
14.3.9 Zimmer Biomet Holding
