The Comprehensive Evaluation Report on the Investment Space of Arthroscope Industry Market and IPO Environment of Enterprises in 20021-2025 issued by Xinsijie Industry Research Center shows that the global sports medicine market is expanding due to the overall improvement of medical standards in developing countries. In 20 19, the global sports medicine market was close to 6.5 billion US dollars, of which the sports medicine market in China reached 2.8 billion yuan. Arthroscopy is one of the main medical devices in sports medicine, and it is also the fastest growing market segment in sports medicine. With the expansion of sports medicine market, the size of arthroscopy market is also increasing.
Globally, North America is the largest export and manufacturing area of arthroscope, followed by Europe. The main manufacturers of arthroscope in the world are Johnson & Johnson, Arthrex GmbH, Kangmeilin Futek, Xerox and Stryker. The research of arthroscopy industry in China started late, and the products are mostly concentrated in the middle and low-end fields, and the import dependence of high-end products is high, so the arthroscopy market in China is mainly dominated by foreign-funded enterprises. In recent years, with the improvement of independent research and development capabilities of domestic enterprises, a number of outstanding enterprises with certain competitive strength have emerged in arthroscopy industry, including Gaowei Orthopedics, Ligetai, Demei Medical, Hangzhou Ruijian, Tianxing Bomaidi and other enterprises.
According to different product types, arthroscope mainly includes suction cutter, visualization system, liquid management system, ablation system, arthroscope and arthroscope implant, among which arthroscope implant is the main type of arthroscope, accounting for nearly 38.4% of the market. In 20 19, the number of arthroscopes in China was about 8,800, and the number of arthroscopic operating tables was close to 960,000. Compared with Europe and America, the number of arthroscopes in China is low, and there is a broad room for improvement in the number of arthroscopes and the popularization rate of arthroscopic treatment in China. China is a country with a large population. The increase of the elderly population and the high incidence of knee joint diseases provide a broad market demand growth space for the development of arthroscopy industry in China.
According to the analysis of people in the new world, arthroscopy has outstanding advantages. At present, arthroscopy has become the main means to diagnose and treat knee injuries and diseases. The arthroscope market in China is dominated by foreign-funded enterprises, and the number of arthroscopes and the penetration rate of surgery in China are low. From this point of view, the arthroscopy industry in China has a broad space for improvement. With the gradual acceleration of the aging process in China, the arthroscopy market in China will be further expanded in the future.