From USD 5.1 billion in 2022 to USD 7.8 billion by 2031, the worldwide arthroscopy procedures & products market is expected to rise at a CAGR of 6.2%. With the biggest share now, North America rules the market.
Rising frequency of joint diseases and sports-related injuries, growing acceptance of minimally invasive surgical techniques, and technical developments in arthroscopic equipment are driving consistent expansion of the market. Additionally driving market growth are growing elderly population and increasing demand for outpatient operations.
Market Change Increasing acceptance of single-use arthroscopes to lower risk of contamination and maximize effectiveness
As hospitals try to reduce infection risks and simplify procedures, the movement for disposable arthroscopes is gathering steam. In surgical environments, single-use scopes enable for faster turnaround times and increased productivity by removing the need for time-consuming sterilizing procedures between operations. They also help to lower patient cross-contamination risk. To profit from this developing demand, big manufacturers are adding more disposable arthroscopy goods to its lines. Particularly in ambulatory surgical centers and outpatient clinics where great patient numbers need successful operations, single-use scopes' simplicity, consistent quality, and cost-effectiveness are driving their increasing usage.
Market driver Growing engagement in sporting activities and rising prevalence of sports injuries drive demand for arthroscopic surgeries
Rising engagement in sports and fitness activities across all age groups is causing a greater frequency of joint problems and diseases sometimes requiring arthroscopic surgery. Conditions include ACL tears, meniscus damage, and rotator cuff problems run across professional athletes, weekend warriors, and fitness buffs as well. Joint injuries connected to sports are rising as more individuals participate in high-impact sports and rigorous training schedules. Minimally invasive arthroscopic operations that provide for faster recovery and return to activity compared to conventional open operations are therefore highly sought after. Further driving the market for arthroscopic devices and methods are the expanding sports medicine profession and early intervention focus on joint diseases.
Restraint in the Market High expenses related to arthroscopic surgeries and equipment restrict acceptance in underdeveloped areas
Particularly in emerging and impoverished nations, the large prices required to buying and maintaining arthroscopy equipment as well as the costs associated with the operations itself provide a great obstacle for market expansion. Advanced arthroscopy systems, cameras, and specialized tools call for significant financial outlay by medical institutions. Furthermore driving up general expenses are the need for highly skilled surgeons and support personnel to execute arthroscopic operations. These budgetary constraints limit the broad acceptance of arthroscopic procedures in areas with smaller disposable incomes and restricted healthcare budgets. Because arthroscopy has such significant out-of-pocket costs, many patients in these locations may choose alternate therapies or postpone receiving therapy. In developing countries, this cost element makes market penetration more difficult.
Knee Arthroscopy Rules the Procedure Segment The most of the arthroscopy market is accounted for by knee arthroscopy treatments
Driven by the great frequency of knee injuries and diseases, knee arthroscopy remains the most often carried out arthroscopic surgery worldwide. The complicated architecture and wear-and- tear sensitivity of the knee joint render it prone to certain disorders benefiting from arthroscopic surgery. Among the most often performed knee arthroscopies are meniscus repairs, ACL reconstructions, and cartilage defect therapy. The increasing prevalence of osteoarthritis in older people adds even more to the predominance of this group. Technological developments in knee-specific arthroscopic tools and methods have also improved the effectiveness and results of these treatments, therefore confirming their place as the main arthroscopic application.
Leading the global arthroscopy market is North America. High acceptance of minimally invasive treatments and advanced healthcare infrastructure propel regional domination
With the United States leading the significant contribution, North America now boasts the highest share of the worldwide arthroscopy treatments and products market. Several elements help to explain the region's dominance: a well-developed healthcare system, high healthcare spending, and early adoption of innovative medical technology. Major arthroscopic gadget makers and a sizable pool of talented orthopedic doctors help to further improve North America's market posture. Furthermore driving the need for arthroscopic operations is the high frequency of sports injuries and joint diseases in the area as well as rising knowledge of the advantages of minimally invasive surgeries. Strong emphasis on outpatient treatment models and favorable reimbursement rules for arthroscopic operations also help the area to be market leader in arthroscopy.
With numerous big companies controlling the scene, the worldwide arthroscopy procedures and products market is quite competitive. To keep their market share, important firms are emphasizing strategic alliances, product innovation, and geographical development. Leading manufacturers are substantially funding R&D to create cutting-edge arthroscopy technologies like 4K vision systems, artificial intelligence-assisted surgical planning tools, and enhanced minimally invasive tools. Common approaches used to increase product ranges and boost market presence include mergers and acquisitions. To provide customized solutions and enhance surgical results, the market also witnesses growing cooperation between device makers and healthcare providers. Entering the market with creative, reasonably priced items, emerging firms are increasing competitiveness. Companies are modifying their products to fit ambulatory surgical centers and office-based environments as demand for outpatient and minimally invasive treatments increases.
1. INTRODUCTION
1.1. Market Definition
1.2. Study Scope
1.3. Currency Conversion
1.4. Study Period (2022- 2031)
1.5. Regional Coverage
2. RESEARCH METHODOLOGY
2.1. Primary Research
2.2. Secondary Research
2.3. Company Share Analysis
2.4. Data Triangulation
3. EXECUTIVE SUMMARY
3.1. Global Arthroscopy Procedures & Products Market (2018 – 2022)
3.2. Global Arthroscopy Procedures & Products Market (2023 – 2031)
3.2.1. Market Segment By Product (2023 – 2031)
3.2.2. Market Segment By Procedure (2023 – 2031)
3.2.3. Market Segment By End User (2023 – 2031)
4. MARKET DYNAMICS
4.1. Market Trends
4.1.1. Increasing adoption of single-use arthroscopes to reduce risk of contamination and improve efficiency
4.1.2. Growing demand for outpatient arthroscopic procedures
4.1.3. Advancements in arthroscopic imaging and visualization technologies
4.2. Market Drivers
4.2.1. Rising incidence of sports injuries and growing participation in athletic activities fuel demand for arthroscopic procedures
4.2.2. Increasing prevalence of joint disorders in aging populations
4.2.3. Technological advancements in arthroscopic instruments and techniques
4.3. Market Restraints
4.3.1. High costs associated with arthroscopic procedures and equipment limit adoption in developing regions
4.3.2. Shortage of skilled arthroscopic surgeons in some areas
4.4. Porter's Five Forces Analysis
4.4.1. Threat of New Entrants
4.4.2. Bargaining Power of Buyers/Consumers
4.4.3. Bargaining Power of Suppliers
4.4.4. Threat of Substitute Products
4.4.5. Intensity of Competitive Rivalry
4.5. Supply Chain Analysis
4.6. Pricing Analysis
4.7. Regulatory Analysis
4.8. Pipeline Analysis
5. BY PRODUCT (MARKET VALUE (US$ MILLION) – 2022-2031*)
5.1. Arthroscopes
5.2. Fluid Management Systems
5.3. Powered Shaver Systems
5.4. Visualization Systems
5.5. RF Ablation Systems
5.6. Others
6. BY PROCEDURE
6.1. Knee Arthroscopy
6.2. Hip Arthroscopy
6.3. Shoulder Arthroscopy
6.4. Others
7. BY END USER
7.1. Hospitals
7.2. Ambulatory Surgery Centers
7.3. Orthopedic Clinics
8. GEOGRAPHY
8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Rest of South America
8.3. Europe
8.3.1. Germany
8.3.2. United Kingdom
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Russia
8.3.7. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. Australia
8.4.5. South Korea
8.4.6. Rest of Asia-Pacific
8.5. Middle-East
8.5.1. UAE
8.5.2. Saudi Arabia
8.5.3. Turkey
8.5.4. Rest of Middle East
8.6. Africa
8.6.1. South Africa
8.6.2. Egypt
8.6.3. Rest of Africa
9. COMPETITVE LANDCAPE
9.1. Key Developments
9.2. Company Market Share Analysis
9.3. Product Benchmarking
10. SWOT ANALYSIS
11. COMPANY PROFILES
11.1. Arthrex, Inc.
11.2. Smith & Nephew plc
11.3. Stryker Corporation
11.4. ConMed Corporation
11.5. Johnson & Johnson
11.6. Karl Storz GmbH & Co. KG
11.7. Olympus Corporation
11.8. Richard Wolf GmbH
11.9. Zimmer Biomet Holdings, Inc.
11.10. Medtronic plc
11.11. DePuy Synthes (Johnson & Johnson)
11.12. B. Braun Melsungen AG (*LIST NOT EXHAUSTIVE)
12. MARKET OPPORTUNITIES
By Product:
Arthroscopes
Fluid Management Systems
Powered Shaver Systems
Visualization Systems
RF Ablation Systems
Others
By Procedure:
Knee Arthroscopy
Hip Arthroscopy
Shoulder Arthroscopy
Others
By End User:
Hospitals
Ambulatory Surgery Centers
Orthopedic Clinics
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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