Arthroscopes Market Analysis | United States | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 6/1/2017
- Pages: 377
- Type: MedCore
General Report Contents Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends Market Drivers & Limiters for each chapter segment Competitive Analysis for each chapter segment Section on recent mergers & acquisitionsThis study breaks the U.S. market for arthroscopes into three segments: (1) the large joint arthroscope segment, (2) the small joint arthroscope segment and (3) the hip joint arthroscope segment. In 2016, the U.S. market for arthroscopes was valued at approximately $63 million, a moderate increase over the previous year. Growth was driven by an uptick in units sold while prices remained relatively stable. Growth of the large joint arthroscope segment lagged behind that of the small and hip joint arthroscope segments in 2016. Slower growth in the large joint arthroscope segment is due to the slow growth of large joint procedures in the U.S. relative to small and hip joint procedures.Small joint scopes have a smaller diameter and are more delicate and prone to breaking than large joint arthroscopes. Therefore, they demand more costly and higher precision technology to manufacture, resulting in their more expensive average selling prices over large joint arthroscopes. The small joint arthroscope market was the second fastest growing segment and its rapid growth will continue to fuel the market over the forecast period as sales of these premium priced products drive prices upwards. Hip arthroscopes have recently gained popularity as well as more surgeons start to perform hip surgeries to expand their patient base. Traditionally, hip surgery was often performed in an open manner and as companies began to manufacture larger arthroscopes for minimally invasive hip surgery, more surgeons have become interested in being trained to perform these intricate procedures. Courses on hip arthroscopies are often fully registered by surgeons and as more surgeons become skilled there is a growing demand for hip joint arthroscopes. Many companies have come out with arthroscopes specifically for hip joint, while some companies manufacture arthroscopes that can be used for both large joint and hip joint procedures.
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