The global arthroscopy devices market size reached US$ 4.6 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028.
Arthroscopy devices refer to various medical equipment and tools that are used to visualize, examine and conduct therapeutic interventions inside various joints of the body. They are primarily used for the treatment of medical conditions, such as osteoarthritis, rheumatoid arthritis, tendonitis and bone tumor. Some of the commonly used devices during arthroscopy include arthroscope, implants, fluid management systems, radiofrequency systems, visualization systems, etc. These devices are usually attached with a small lens and are inserted into the patient’s body to examine the structures and abnormalities inside the joints. These devices find extensive application in the arthroscopy of the knee, hip, spine, ankle, shoulder, elbow, wrist and jaw.
The increasing prevalence of bone-related and musculoskeletal disorders is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population across the globe that is more susceptible to such ailments is also providing a boost to the market growth. There is an increasing preference for minimally invasive (MI) treatment procedures among the masses, which has led to the rising adoption of arthroscopy devices. Additionally, various innovations in the field of sports medicine and the development of technologically advanced product variants are also creating a positive outlook for the market. Product manufacturers are developing advanced arthroscopic devices to improve visualization with high-definition (HD) cameras, superior suturing techniques and customized suturing materials. Other factors, including rising health consciousness and awareness regarding the available treatment alternatives, along with the improving healthcare infrastructure, are projected to drive the market further.
2. What is the expected growth rate of the global arthroscopy devices market during 2023-2028?
3. What has been the impact of COVID-19 on the global arthroscopy devices market?
4. What are the key factors driving the global arthroscopy devices market?
5. What is the breakup of the global arthroscopy devices market based on the device type?
6. What is the breakup of the global arthroscopy devices market based on the arthroscopy type?
7. What is the breakup of the global arthroscopy devices market based on the end-user?
8. What are the key regions in the global arthroscopy devices market?
9. Who are the key players/companies in the global arthroscopy devices market?
Arthroscopy devices refer to various medical equipment and tools that are used to visualize, examine and conduct therapeutic interventions inside various joints of the body. They are primarily used for the treatment of medical conditions, such as osteoarthritis, rheumatoid arthritis, tendonitis and bone tumor. Some of the commonly used devices during arthroscopy include arthroscope, implants, fluid management systems, radiofrequency systems, visualization systems, etc. These devices are usually attached with a small lens and are inserted into the patient’s body to examine the structures and abnormalities inside the joints. These devices find extensive application in the arthroscopy of the knee, hip, spine, ankle, shoulder, elbow, wrist and jaw.
The increasing prevalence of bone-related and musculoskeletal disorders is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population across the globe that is more susceptible to such ailments is also providing a boost to the market growth. There is an increasing preference for minimally invasive (MI) treatment procedures among the masses, which has led to the rising adoption of arthroscopy devices. Additionally, various innovations in the field of sports medicine and the development of technologically advanced product variants are also creating a positive outlook for the market. Product manufacturers are developing advanced arthroscopic devices to improve visualization with high-definition (HD) cameras, superior suturing techniques and customized suturing materials. Other factors, including rising health consciousness and awareness regarding the available treatment alternatives, along with the improving healthcare infrastructure, are projected to drive the market further.
Key Market Segmentation
The report provides an analysis of the key trends in each segment of the global arthroscopy devices market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on device type, arthroscopy type and end-user.Breakup by Device Type:
- Arthroscope
- Arthroscopic Implant
- Fluid Management System
- Radiofrequency System
- Visualization System
- Others
Breakup by Arthroscopy Type:
- Knee Arthroscopy
- Hip Arthroscopy
- Spine Arthroscopy
- Shoulder and Elbow Arthroscopy
- Foot and Ankle Arthroscopy
- Others
Breakup by End-User:
- Hospitals
- Ambulatory Surgical Centers
- Orthopedic Clinics
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being Arthrex Inc., CONMED Corporation, Johnson & Johnson Services Inc, Karl Storz SE & Co. KG, Medtronic Inc., Richard Wolf GmbH, Smith & Nephew plc, Stryker Corporation, Vimex Sp. z o.o., Zimmer Biomet Holdings Inc., etc.Key Questions Answered in This Report
1. What was the size of the global arthroscopy devices market in 2022?2. What is the expected growth rate of the global arthroscopy devices market during 2023-2028?
3. What has been the impact of COVID-19 on the global arthroscopy devices market?
4. What are the key factors driving the global arthroscopy devices market?
5. What is the breakup of the global arthroscopy devices market based on the device type?
6. What is the breakup of the global arthroscopy devices market based on the arthroscopy type?
7. What is the breakup of the global arthroscopy devices market based on the end-user?
8. What are the key regions in the global arthroscopy devices market?
9. Who are the key players/companies in the global arthroscopy devices market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Indicators
2 Scope and Methodology
4 Introduction
5 Global Arthroscopy Devices Market
6 Market Breakup by Device Type
7 Market Breakup by Arthroscopy Type
8 Market Breakup by End-User
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Arthrex Inc.
- CONMED Corporation
- Johnson & Johnson Services Inc
- Karl Storz SE & Co. KG
- Medtronic Inc.
- Richard Wolf GmbH
- Smith & Nephew plc
- Stryker Corporation
- Vimex Sp. z o.o.
- Zimmer Biomet Holdings Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 146 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4.6 Billion |
| Forecasted Market Value ( USD | $ 7.2 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
