A 360 Market Update report found the arthroscopic devices market is booming due to several drivers, according to Military Technologies.
Here are four insights:
1. One trend taking hold is surgeons increasingly performing arthroscopic procedures in ASCs.
2. Between 2017 and 2021, the arthroscopic devices market is slated to increase at a 6.35 percent compound annual growth rate.
3. Some factors spurring market growth include a growing aging population and a higher prevalence of orthopedic disorders.
4. However, implants and instruments' high costs are hindering market growth.