Europe Arthroscopes Market
- Report Code: AR 1002
- Publish Date: Upcoming
An arthroscopy is a minimally invasive surgical procedure that is commonly used for the evaluation of knees and shoulders, but can also be used to examine and treat conditions of the wrist, ankle, and elbow. An arthroscopy is performed using an instrument called the arthroscope, which is essentially an endoscope with a tube length ranging from 110 mm to 187.5 mm. The tube has a camera attached and is inserted into a joint, through a small incision, for the examination and treatment of damaged interior joints.
Europe accounted for the 26.57% share of the arthroscope device market globally in 2013. The market value was pegged at $133.15 million in 2012 and is expected to grow at a CAGR of 5.8% from 2013 to 2018.
Arthroscope is a type of endoscope used for viewing internal structure of the joints or the spinal cord. These high precision devices are used as guides to operate with minimum invasion of the body tissues. The rising awareness in patients about the benefits of minimally invasive procedures, such as reduced hospitalization and less traumatic surgical experience, has significantly increased the demand for the use of arthroscopic devices in Europe. Such minimally invasive procedures are rapidly replacing open surgeries as a result of technological innovations. Developments in visualization and monitoring equipment like arthroscopic devices for instance, have facilitated greater precision in joint and spinal surgeries by providing better image quality. For instance, the development of arthroscopes has not only lessened the size of surgical incisions required in a typical joint replacement or spinal fusion surgery, but has also dramatically reduced post-operative recovery time and hospital stays.
The European region still grappling with Euro crisis is expected to have the slowest growth during the forecast period. The OEMs are now struggling to remedy their balance sheets through expansions in emerging economies.
Some of the arthroscopes available in the market are Karl Storz 7210 CA ( Karl Storz GmbH & Co.), PENTEX ES 3870K SCOPE (Pentax Medical Company), and Olympus Arthroscope 2.7mm (Olympus Medical System Corporation).
The market is segmented and forecasted on the basis of major countries, such as, Germany, France, Italy, Spain, and U.K. The report provides an extensive competitive landscaping of companies operating in this market. The key players of the market covered in the report are Olympus Medical Systems Corporation, Karl Storz, Covidien Plc, Richard Wolf, Stryker Corporation, Pentax Medical Company. This report also includes the market share, value chain analysis, and market metrics such as drivers, restraints and upcoming opportunities in the market.
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North American Rigid Endoscopes Market The North American Rigid Endoscopes Market is mainly driven by favorable reimbursements in select geographies, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures. It was pegged at $1.03billion in 2013 and expected to be $1.41 billion by 2018, growing at a CAGR of 6.5%. The Endoscopes Market analyzes the market segments such as Laparoscope, Arthroscope, Cystoscope, Urology Endoscope, Gynecology Endoscope, Neuroendoscope, Other Rigid Endoscopes. The prominent players are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Boston Scientific, Arthrex, Inc., Smiths Group, Aesculap, Inc, Karl Storz, ConMed, Richard Wolf GmbH, HOYA CORPORATION and Fujifilm Holdings Corporation. |
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European Rigid Endoscopes Market The European Rigid Endoscopes Market is mainly driven by favorable reimbursements in select geographies, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures. It was pegged at $0.66 billion in 2013 and expected to be $0.86 billion by 2018, growing at a CAGR of 5.4%. The Endoscopes Market analyzes the market segments such as Laparoscope, Arthroscope, Cystoscope, Urology Endoscope, Gynecology Endoscope, Neuroendoscope, Other Rigid Endoscopes. The prominent players are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Boston Scientific, Arthrex, Inc., Smiths Group, Aesculap, Inc, Karl Storz, ConMed, Richard Wolf GmbH, HOYA CORPORATION and Fujifilm Holdings Corporation. |
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Asian Rigid Endoscopes Market The Asian Rigid Endoscopes Market is mainly driven by favorable reimbursements in select geographies, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures. It was pegged at $0.61 billion in 2013 and expected to be $0.86 billion by 2018, growing at a CAGR of 7.2%. The Endoscopes Market analyzes the market segments such as Laparoscope, Arthroscope, Cystoscope, Urology Endoscope, Gynecology Endoscope, Neuroendoscope, Other Rigid Endoscopes. The prominent players are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Boston Scientific, Arthrex, Inc., Smiths Group, Aesculap, Inc, Karl Storz, ConMed, Richard Wolf GmbH, HOYA CORPORATION and Fujifilm Holdings Corporation. |
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