The global ”Arthroscopy fluid management disposables“ market size is expected to reach USD 347.7 million by 2027, exhibiting a CAGR of 9.7% during the forecast period. The increasing number of arthroscopy procedures is expected to drive the market growth, states Fortune Business Insights, in a report, titled “Arthroscopy Fluid Management Disposables Market Size, Share & Industry Analysis, By Product (Pump Management Disposables and Gravity Management Disposables), By Application (Hospitals, Medical Centers, and Others) and Regional Forecast, 2020-2027.” The market size was USD 229.5 million in 2019.
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What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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The arthroscopy fluid management disposables market accentuates:
- An in-depth analysis of the market
- Valuable facts and figures
- Profound data about leading regions
- Latest market development
- Key policies implemented by companies
- Competitive landscape
- COVID-19 impact
Rising Incidence of Musculoskeletal Injuries to Augment Growth
The surging incidence of musculoskeletal injuries, resulting in limited mobility & agonizing physical pain will spur demand for arthroscopic fluid management products during the forecast period. According to a report published by the American Academy of Orthopedic Surgeons (AAOS), about 6.8 million patients with orthopedic injuries come to medical attention each year in the United States alone. Moreover, the increasing number of sports-related accidents and injuries are expected to promote the healthy growth of the market. According to the National High School Sports-Related Injury Surveillance Study 2017-2018, 1,367,490 cases of sport-related were recorded in high schools in the U.S.Anterior cruciate ligament (ACL) injury is a major injury in professional sports that can be treated by arthroscopy. The aforementioned factors will contribute significantly to the growth of the market in the forthcoming years.