Increasing acceptance of surgeries using advanced equipments in animals
With recent advancements in instrumentation and techniques, arthroscopy is rapidly gaining acceptance in joint surgery of animals. Arthroscopy is the standard method of performing most joint surgeries in people as well as in animals. In the past few years, arthroscopy in small animals has identified as a rapid growth. The advantage over traditional arthrotomy includes improved access to joint structure, magnification of lesions, therapeutic flushing and faster recovery of veterinary patients. In the past few years, arthroscopy in small animals has identified as a rapid growth. Arthroscopic surgeries offer several benefits over open surgeries as these surgeries tends to give less postoperative pain and these results in faster recovery.
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Arthroscopy offers supreme visualization of the joints, permits for prior intervention and diagnosis, and can be used as an instrument for treatment and diagnosis. The area of non-invasive orthopedic surgeries is ever-expanding and many new techniques and equipment are used for man and animals. Also, pet owners are gradually keen to ensure that the treatment and surgery for their animals is accomplished using advanced technological equipments.
Arthroscopy is promptly gaining acceptance among veterinary surgeons for both diagnosis and surgery in animals especially in dogs suffered from joint pain, chronic lameness, joint instability, swelling etc. Today, most of the pet owners are caring and dedicated to their pets and expect these pets to live longer. In the past 3 decades veterinary practice has seen some major changes as the number of surgeries performed on pets has been steadily increasing which is anticipated to boost the demand of the veterinary arthroscopy devices.
Rapid advancements of minimally invasive surgical procedures
Arthroscopic surgery is a comparatively new discipline in veterinary surgery. Arthroscopy has gained extensive acceptance due to a number of important factors. First and foremost is the rapid advancements of all minimally invasive surgical procedures in animal surgery. In humans and animals, minimally invasive procedures have gained acceptance because they are associated with less postoperative pain, less morbidity and fewer postoperative complications and more rapid recovery. The increasing incidence of this disease with age is demanding more effective veterinary arthroscopy devices in market.
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The awareness by the people regarding care for veterinary patients continues to grow. Pet owners are willing to pay for veterinary surgeries. Additionally, arthroscopic examination allows a more thorough examination of the joint being operated on and allows some treatments that previously were not possible. Arthroscopy has also allowed veterinary surgeons to identify new diseases (medial shoulder instability in dogs) and caused veterinarians to reevaluate other diseases about which they previously had an incomplete understanding (elbow dysplasia). Because arthroscopy is a new discipline, there is a lot to be learned, and veterinarians are still in the infancy of what this technology will allow them to achieve in the future. Proper
training is required to surgeons to perform arthroscopic surgeries in the small sized joints and to adapt a different way of surgical treatment. Also, good quality of equipment is required to clearly visualize the intra-articular structures for successful arthroscopic interventions.
Veterinary Arthroscopy Devices Market Assessment by Product Type
Factors Driving Veterinary Arthroscopy Devices
Global market for veterinary arthroscopy devices is majorly driven by increasing awareness of pet owners and willing that their pets live longer. Increasing demand of small animal arthroscopy which can lead to more rapid recovery, decreased complication rates, decreased surgery times and decreased hospitalization time is another factor driving demand for veterinary arthroscopy devices across the globe.
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Significant advantages of arthroscopy over arthrotomy includes increased precision with the use of specifically manufactured arthroscopic instruments, and reduced patient morbidity is another preliminary factor increasing penetration of these devices in matured markets. With the recent introduction of new and more complex techniques to treat canine and feline orthopedic disease, the advantages of arthroscopy have become increasingly more apparent and now arthroscopy is the method of choice for the diagnosis and treatment of most joint disorders which would increase the demand for arthroscopy devices in the global market.
Factors Restraining Veterinary Arthroscopy Devices
Arthroscopy is considered as expensive in terms of both the essential instrumentation, money and time involved in training, which possibly increased costs to the pet owners restricts the market growth in various regions. Also, arthroscopy is not a risk free procedure as it involves placing sharp metal objects into the joint space, so it demands high level of surgical expertise due to this, arthroscopy has been slow to gain popularity in veterinary medicine.
Increase in demand for arthroscopes
Major portion of the market has been covered by arthroscopes and hand instruments includes knives, scissors etc. Shaver system, radiofrequency tissue ablators, electrocautry and others that includes irrigation system, engress system, rongeurs, shaver system and many more will also face growth in the upcoming years due to increase in the demand of surgeries among veterinary patients.
Increasing care of Small Animals
As the awareness among pet owners is increasing day by day, significant portion of the market is covered by companion animals. Small animal arthroscopy is performed rarely in cats and mostly in dogs, with most frequently explored joints being the elbow, shoulder and stifle. These factors may increase the demand of veterinary arthroscopy devices among companion animals.
Increasing surgeries in Veterinary Hospitals
Veterinary hospitals pose a strong position in the market due to increase in surgeries among pets. Pet owners become more aware about quality of life of their pets. This end user shared significant portion of revenue share in overall market. Further, the growing trend of minimally invasive surgery would flourish the growth of veterinary arthroscopy devices globally.
Regional Market Outlook
Geographically, global veterinary arthroscopy devices market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to dominate the global market as due to the availability of advanced technologies and more number of veterinary hospitals. Europe is expected to hold second largest market share in global veterinary arthroscopy devices market due to growing awareness among pet owners.
Some of the players identified in the global veterinary arthroscopy devices market are Arthrex, Inc, Karl storz, tekno-medical Optik-Chirurgie GmbH, surgical holdings etc. Veterinary Arthroscopy Devices varies at regional level owing to variations in terms of available technologies used in different regions. However, instuments used in offers a global opportunity to its manufacturers, as many of these instruments are used only one time.
|Small Scale Manufacturers/Providers||Medium Scale Manufacturers/Providers||Large Scale Manufacturers/Providers|
Key data points covered in report
The report covers exhaustive analysis on:
- Veterinary Arthroscopy Devices Market by product type, animal group, end user and region
- Regional level market analysis of North America, Latin America, Europe, Asia Pacific, Middle East & Africa by product type, animal group, end user and country segments
- Veterinary Arthroscopy Devices Market Dynamics & Opportunity Assessment
- Historical Actual Market Size, 2013 – 2017
- Veterinary Arthroscopy Devices Market Size & Forecast 2018-2026
- Veterinary Arthroscopy Devices Agents Current Trends/Issues/Challenges
- Competition & Companies involved
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape, market structure, regulatory scenario
- Epidemiology outlook for diseases
- Economical spending, regional healthcare outlook, consumer healthcare expenditure
- Availability of testing, cost of test, specificity and sensitivity of test kits
- Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance in terms of value and volume
Market by Product Type
- Shaver System
- Hand Instruments
- Radiofrequency Tissue Ablators
Market by Animal Group
- Small animals
- Large animals
Market by End user
- Veterinary hospitals
- Veterinary clinics
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Market by Region
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
The market sizing of veterinary arthroscopy devices will be done by adoption data triangulation approach. Demand side approach will be followed to assess the actual market size of veterinary arthroscopy devices. Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end use facilities, adoption rate and future impact of new technologies. Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.