A Persistence Market Research report predicts the global arthroscopic devices market will exceed $1.7 billion by 2022, with a 5.1% compound annual growth rate, according to the January 3 Becker’s Spine Review.
A rising demand for minimally invasive procedures and an increasing geriatric population are the main contributors to the market growth.
Among the key market players are Stryker, Smith & Nephew, Zimmer Biomet, Medtronic, Wright Medical, Richard Wolf, Arthrex, and CONMED.
The global arthroscopic devices market is expected to grow at a compound annual growth rate of 5.1 percent through 2022, according to a Persistence Market Research report. Here are six notes: 1. The market will likely surpass $1.7 billion by 2022. 2. A growing geriatric population and increasing demand for minimally invasive procedures will boost market growth.