ASCs among factors driving $1.7B growth in global arthroscopy, sports medicine markets
Analysts predict the global market for arthroscopy products and sports medicine implants will hit $9 billion by 2023, up from $7.3 billion in 2018, according to Medtech Insight.
Analysts expect the market value to increase at a compound annual growth rate of 4.2 percent.
Four factors driving the growth:
1. Increasing prevalence of arthroscopy procedures in ASCs
2. Expanding indications for arthroscopic repair
3. Patient preference for minimally invasive procedures
4. Advanced surgical techniques
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