South America Arthroscopy Procedures and Products Market is expected to reach US$ 702.46 Million by 2031

Knee Arthroscopy Segment to Contribute Significantly to South America Arthroscopy Procedures and Products Market Growth During 2023–2031 

According to our latest study on "South America Arthroscopy Procedures and Products Market Forecast to 2031 – Regional Analysis – Clinical Indication, Type, Product, and End User," the market was valued at US$ 445.94 million in 2023 is projected to reach US$ 702.46 million by 2031. The growing prevalence of musculoskeletal disorders and rising number of sports injuries requiring arthroscopy procedures are the key factors contributing to the growing South America arthroscopy procedures and products market size. However, cost-intensive arthroscopic implants and surgeries impede the market growth.  

Smart probes and sensors are advanced technologies that can enhance the accuracy, efficiency, and safety of arthroscopic procedures. These devices can provide surgeons with real-time feedback, allowing them to make more informed decisions during surgery. Healthcare facilities can offer cutting-edge treatments that deliver better patient outcomes by incorporating smart probes and sensors into arthroscopic devices. Using smart probes and sensors can improve the overall quality of arthroscopic procedures, reducing the risk of complications and post-operative issues. These technologies can help surgeons navigate complex joint structures more effectively, leading to more precise diagnoses and treatments. Additionally, smart probes and sensors can enable minimally invasive procedures, resulting in faster recovery and reduced patient discomfort.

South America Arthroscopy Procedures and Products Market

Incorporating smart probes and sensors into arthroscopic devices can also drive innovation that can promote the South America arthroscopy procedures and products market growth. Healthcare companies can develop new products and technologies that leverage these advanced capabilities, catering to the evolving needs of healthcare providers and patients in the region. Thus, the integration of smart probes and sensors represents a promising future trend for the arthroscopic procedure and products market, offering growth opportunities, improved patient outcomes, and technological advancements in the field of arthroscopy.

Market Segmentation:

The South America arthroscopy procedures and products market analysis has been carried out by considering the following segments: clinical indication, type, product, and end user. Based on type, the South America arthroscopy procedures and products market is subsegmented into elbow arthroscopy, foot and ankle arthroscopy, hand and wrist arthroscopy, hip arthroscopy, knee arthroscopy, shoulder arthroscopy, and others. The knee arthroscopy segment held the largest market share in 2023. By clinical indication, the market is categorized into anterior cruciate ligament tears, arthritis, carpal tunnel syndrome, meniscal, chondromalacia, inflammation, labral tears, loose bone or cartilage, rotator cuff tears, shoulder bursitis and shoulder dislocations, and others. The anterior cruciate ligament tears segment held the largest South America arthroscopy procedures and products market share in 2023.

By product, the market is segmented into arthroscopy accessories, integrated visualization systems, fluid management systems, powered shaver systems/diamond-like carbon-coated blades, bipolar arthroscopic RF systems, arthroscopic implants, and arthroscopic resection systems. The arthroscopic implants segment held the largest share of the market in 2023.

Based on end user, the market is divided into hospitals, specialty clinics and centers, and others. The hospitals segment held the largest South America arthroscopy procedures and products market share in 2023.

South America Arthroscopy Procedures and Products Market, by Country:

The scope of the South America arthroscopy procedures and products market report encompasses Brazil, Argentina, Chile, Ecuador, Peru, Colombia, and the Rest of South America. In recent years, the occurrence of degenerative spinal disorders in Argentina has increased rapidly. Spinal disorders cause extreme pain and require surgery for treatment. Thus, with a growing aging population in the country, the demand for orthopedic procedures, such as joint arthroplasty and spinal surgery, is expected to rise. In recent years, various joint ventures and collaborations have developed the arthroscopy devices market in Argentina. For instance, Micromed System Company in Argentina has a distinguished trajectory in the orthopedic industry, specializing in arthroscopy and sports medicine implants. Its main activities are developing, manufacturing, and commercializing biomedical products, focusing on arthroscopy and traumatology implants.

Apart from factors driving the market, the South America arthroscopy procedures and products market report emphasizes prominent players operating in the market; these include Conmed Corp, Arthrex Inc, DePuy Synthes Inc, Karl Storz SE & Co KG, Stryker Corp, Richard Wolf GmbH, Zimmer Biomet Holdings Inc, Biomecanica, South America Implants S.A., and Advin Health Care Pvt Ltd.

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