What is the global market size of Action Camera And Accessories Market?

Action Camera And Accessories Market size was valued at USD 2951 million in 2021 and is poised to grow from USD 3287.12 million in 2022 to USD 7631 million by 2030, growing at a CAGR of 11.3% in the forecast period (2023-2030).

Who are the key vendors in the Global Action Camera And Accessories Market?

To meet the growing demand for image stabilisation and wide viewing angles, manufacturers offer travel and tourism-specific cameras. Action camera manufacturers have worked to reduce camera size and weight in order to provide portable products. Camera mods, stands, and protectors are also being developed to cater to users in the travel and tourism industries. 'GoPro', 'Sony Corporation', 'Garmin Ltd.', 'Nikon Corporation', 'Panasonic Corporation', 'TomTom NV', 'Drift Innovation Ltd.', 'SJCAM Limited', 'Contour, LLC', 'Polaroid Corporation', 'Olympus Corporation', 'Ricoh Company, Ltd.', 'Brinno Inc.', 'HTC Corporation', 'Xiaomi Corporation', 'Kodak Company', 'Fujifilm Holdings Corporation', 'YI Technology', 'Garmin International, Inc.', 'Veho World', 'In September 2022, The X3, a new 360-degree sports camera from Shenzhen-based Insta360. The X3 can capture 5.7K 360-degree videos, which can then be edited using AI technologies in the Insta360 app, which includes intelligent reframing methods.', 'In March 2022, The 'ONE RS' is Insta360's multi-lens anti-shake sporting camera. According to the company, by swapping lenses, the device can meet a variety of shooting needs. The ONE RS, the company's second versatile action camera, includes a brand-new 4K wide-angle boosting lens, an upgraded processor, and increased battery capacity.'

What is the key driver of Global Action Camera And Accessories Market?

Travel blogging has grown dramatically in recent years. Tourists and travellers create videos and share them on online platforms such as YouTube, Instagram, and Facebook. Travel blogging is gaining traction among young travellers, and the global influence of online video platforms is growing rapidly. Travel bloggers require high-resolution cameras with advanced features such as image stabilisation and wide viewing angles that can capture high-quality video and images. In recent years, these trends have fueled the demand for action cameras.

What is the key market trend for Global Action Camera And Accessories Market?

Domestic and regional growth in the popularity of sports events, outdoor adventure, and active lifestyle activities such as trekking, mountain racing, and ice skating, as well as an increase in the number of sports enthusiasts and adventurists, are driving market growth. The action cameras are designed in such a way that the videos shot with them give viewers a first-person perspective. In recent years, the increased sale of Ultra HD variants has increased demand for 4K resolution in action cameras. It is also expected that the adoption of 4K display technology will outpace the demand for Ultra HD technology in the coming years. The increased use of social media platforms for sharing live videos and photos, as well as various promotional and marketing activities, is driving market growth. Individual social media adoption is increasing in developing countries such as India and China.

Which region accounted for the largest share in Global Action Camera And Accessories Market?

North America was the largest market for action cameras and accessories in 2021, followed by Europe and Asia-Pacific. North America's large share is due to the presence of key players in the region, as well as the high demand for digital cameras in various application industries. Furthermore, due to the presence of a technically savvy population, the high adoption of internet-based content creation and blogging trends in the United States is a key factor driving market growth.

Global Arthroscopy Fluid Management Disposables Market

Arthroscopy Fluid Management Disposables Market Size, Share, Growth Analysis, By Product Type(Pump Management Disposables, Gravity Management Disposables), By Application(Hospitals, Medical Centers, Others), By Region - Industry Forecast 2024-2031

Report ID: SQSG35A2024 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Arthroscopy Fluid Management Disposables Market Insights

Arthroscopy Fluid Management Disposables Market size was valued at USD 21.09 billion in 2019 and is poised to grow from USD 22.6 billion in 2023 to USD 41.9 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

Orthopedic doctors have adopted and used arthroscopy techniques more and more often during the past 10 to 15 years. According to a recent survey by the Arthroscopy Association of North America, the United States now performs 1.8–2 million arthroscopy operations yearly. Recent years have seen a significant increase in the market's growth due to developments in the tools and instruments used in arthroscopy procedures, such as advancements in visualization, imaging, and fluid management, as well as regulatory approvals and reimbursement options available for expanded indications and procedures.

US Arthroscopy Fluid Management Disposables Market is poised to grow at a sustainable CAGR for the next forecast year.

Arthroscopy Fluid Management Disposables Market Report Snapshots

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The Global Arthroscopy Fluid Management Disposables market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their company globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability. 'Arthrex', 'Stryker', 'Smith & Nephew', 'Johnson & Johnson', 'Karl Storz SE & Co. KG', 'Olympus Corporation', 'CONMED Corporation', 'Medtronic plc', 'B. Braun Melsungen AG', 'Zimmer Biomet Holdings, Inc.', 'Becton, Dickinson and Company', 'Teleflex Incorporated', 'Cook Medical Inc.', 'Takeda Pharmaceutical Company Limited', 'Boston Scientific Corporation', 'Baxter International Inc.', 'Cardinal Health, Inc.', 'Fresenius SE & Co. KGaA', 'Abbott Laboratories', 'Merit Medical Systems, Inc.'

Innovative technical developments that improve arthroscopic surgeries will support market expansion going forward. Furthermore, the capacity of fluid management systems to optimise the visualisation process is anticipated to increase demand. The first-ever prospective clinical study findings to assess the efficacy of mending Horizontal Cleavage Tears (HCTs) using Smith & Nephew's NOVOSTITCH Meniscal Repair System were released in July 2019 by Smith & Nephew. Additionally, the increasing use of the all-arthroscopic Latarjet (aL) method to treat recurrent shoulder instability is projected to present market participants with lucrative development potential.

Patients have been turning to web-based technologies and online resources more frequently during the past few years to get information on particular disorders. The rising senior population and government measures to control the cost of various types of orthopedic surgery in the area may help the arthroscopy fluid management disposables market develop. In Europe, there is a tendency toward a greater preference for minimally invasive surgical techniques in nations like Scotland, Germany, and the United Kingdom.

With a maximum revenue of USD 127.7 Mn in 2021, North America led the market and will continue to do so throughout the projected period. The rise is related to improved Medicare reimbursement regulations and the strategic presence of important orthopaedic device businesses in the U.S. The International Trade Administration, using data from the Census Bureau, estimates that there are between 5,300 and 5,600 U.S. enterprises in the medical devices industry, with between 330,000 and 365,000 people employed there.

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Arthroscopy Fluid Management Disposables Market Size, Share, Growth Analysis, By Product Type(Pump Management Disposables, Gravity Management Disposables), By Application(Hospitals, Medical Centers, Others), By Region - Industry Forecast 2024-2031

Arthroscopy Fluid Management Disposables Market Insights

Arthroscopy Fluid Management Disposables Market Report Snapshots

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What is the global market size of Arthroscopy Fluid Management Disposables Market?

Who are the key vendors in the Arthroscopy Fluid Management Disposables Market?

What is the key driver of Arthroscopy Fluid Management Disposables Market?

What is the key market trend for Arthroscopy Fluid Management Disposables Market?

Which region accounted for the largest share in Arthroscopy Fluid Management Disposables Market?

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