Arthrex (US) and Smith & Nephew (UK) are the Key Players in the Arthroscopy Instruments Market
The global arthroscopy instruments market is estimated to be valued at USD 4.17 Billion in 2017 and is projected to reach USD 5.61 Billion by 2022, at a CAGR of 6.1% from 2017 to 2022. The factors driving the growth of this market are the growing aging population, sports and trauma injuries, advanced products and established reimbursement policies in developed nations. In addition, the increasing preference for minimally invasive procedures, favorable initiatives by governments and healthcare providers, and technological advancements are expected to support the growth of the arthroscopy instruments market during the forecast period. Analysis of the market developments between 2015 and 2017 revealed that several growth strategies such as product launches and product enhancement, strategic acquisitions, agreements, contracts, and market expansions were adopted by the market players to strengthen their product portfolios and maintain their positions in the arthroscopy instruments ma...