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Arthroscopic Shavers - Global Market Trajectory & Analytics

  • ID: 5029848
  • Report
  • April 2021
  • Region: Global
  • 227 Pages
  • Global Industry Analysts, Inc
Global Arthroscopic Shavers Market to Reach $582.7 Million by 2027

Amid the COVID-19 crisis, the global market for Arthroscopic Shavers estimated at US$409 Million in the year 2020, is projected to reach a revised size of US$582.7 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Control System, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$116.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Shaver Handpieces segment is readjusted to a revised 5.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $120.5 Million, While China is Forecast to Grow at 4.9% CAGR

The Arthroscopic Shavers market in the U.S. is estimated at US$120.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$103.5 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Accessories Segment to Record 5% CAGR

In the global Accessories segment, USA, Canada, Japan, China and Europe will drive the 5.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$150 Million in the year 2020 will reach a projected size of US$213.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$65.4 Million by the year 2027.

Select Competitors (Total 41 Featured):
  • Arthrex, Inc.
  • ConMed Corporation
  • De Soutter Medical Limited
  • Johnson & Johnson
  • Karl Storz GmbH & Co. KG
  • Medtronic PLC
  • Richard Wolf GmbH
  • Smith & Nephew PLC
  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
Frequently Asked Questions about the Global Market for Arthroscopic Shavers

What is the estimated value of the Global Market for Arthroscopic Shavers?

The Global Market for Arthroscopic Shavers was estimated to be valued at $409.0 Million in 2020.

What is the growth rate of the Global Market for Arthroscopic Shavers?

The growth rate of the Global Market for Arthroscopic Shavers is 5.2%, with an estimated value of $582.7 Million by 2027.

What is the forecasted size of the Global Market for Arthroscopic Shavers?

The Global Market for Arthroscopic Shavers is estimated to be worth $582.7 Million by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown