Global Arthroscopy Devices and Disposables Market Share Is Expected To Grow At A CAGR Of 5.5% By 2026

02-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Arthroscopy Devices and Disposables Market By Product Type (Arthroscopes, Fluid Management Systems, Radiofrequency Systems, Visualization Systems, Power Shaver Systems and others), By Fluid Management System (High-End Fluid Management Pumps Mid to Low-End Fluid Management Pumps), By Radiofrequency Systems (RF Generators Radiofrequency Probes and Wands Footswitch) By Application (Knee Arthroscopy, Shoulder Arthroscopy, Hip Arthroscopy, Foot & Ankle Arthroscopy, Elbow Arthroscopy, Spine Arthroscopy, and Others) and By End Users (hospitals, ASC and others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026” states that the global Arthroscopy Devices and Disposables Market in 2019 is approximately USD 2,947Mn. The market is expected to grow at a CAGR of 5.5% and is anticipated to reach around USD 4,282.6 by 2026.

Arthroscopy is a medical procedure of treating joint problems and disorders. This procedure involves a nominal incision in the joints to operate. This procedure allows the surgeons to view the insides of the joint with the help of a tube attached to a fiber-optic video. This procedure is used by orthopedic surgeons to visualize, diagnose, and treat problems related to joints, especially the knees, shoulders, wrists, ankles, and elbows among others.

The devices and disposables used in these diagnoses procedures are essential to treat bone tumors, rheumatoid arthritis, osteoarthritis, carpal tunnel syndrome, and others. Additionally, the frequency of ligament tears and fractures is high among individuals participating in sports or other adventure activities. Individuals suffering from such damages prefer getting operating through a minimal incision.

Browse the full “Arthroscopy Devices and Disposables Market By Product Type (Arthroscopes, Fluid Management Systems, Radiofrequency Systems, Visualization Systems, Power Shaver Systems, and others), By Fluid Management System (High-End Fluid Management Pumps Mid to Low-End Fluid Management Pumps), By Radiofrequency Systems (RF Generators Radiofrequency Probes and Wands Footswitch) By Application (Knee Arthroscopy, Shoulder Arthroscopy, Hip Arthroscopy, Foot & Ankle Arthroscopy, Elbow Arthroscopy, Spine Arthroscopy, and Others) and By End Users (hospitals, ASC and others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026?" report at https://www.fnfresearch.com/arthroscopy-devices-and-disposables-market-by-product-type-585

The growth of this market is primarily driven by the rising geriatric population, which is encouraging the incidence of target conditions requiring arthroscopic treatment. In addition, conditions such as osteoarthritis which is a degenerative joint disease, mainly affecting the articular cartilage are increasing.

This situation is age-related and affects the joint areas of the body that includes knees, fingers, spine and others, raising the need for treating of this condition is expected to increase the arthroscopic surgeries leading to the growth of the arthroscopy device and disposables market.

Furthermore, the increasing need inclined towards minimally invasive procedures, supporting government initiatives towards better healthcare and medical facilities by various countries along with technological advancements are encouraging the growth of the arthroscopy device and disposables market. Emerging countries such as India, China, and others are expected to be the key areas of investment for arthroscopy device manufacturers across the map.

By product type, the market is divided into Arthroscopes, Fluid Management Systems, Radiofrequency Systems, Visualization Systems, Power Shaver Systems, and others. Arthroscopes accounted for the largest market share of 34% in the year 2019 owing to various operating models such as flexible, non-flexible, diagnosis based and others. Furthermore, the application segment is led by Knee arthroscopy contributing to a USD 2485 Mn in 2019.

Regional Overview:

Geographically, the global Arthroscopy Devices and Disposables market was dominated by North America by generating revenues worth USD 1,106.1 Mn in 2019. This dominance is majorly attributed to increasing technological adoption in countries such as the U.S. and Canada.

World’s largest hospitals are situated in the countries of North America; this reason is expected to raise the adoption of advanced arthroscopy devices and disposables. Furthermore, Europe is set to observe the second fastest growth of with a market value of USD 849.3Mn over the forecast period.

Report Scope

Competitive Landscape:

Some of the key players operating in the Arthroscopy Devices and Disposables market around the globe include Arthrex, Inc., Smith & Nephew Plc., DePuy Companies, Stryker Corporation, ConMedCorporation, B. Braun MelsungenAG, Biomet Inc., Richard Wolf, KARL STORZ GmbH & Co. KG, Wright Medical Group N.V. and others such as Zimmer Biome, STERIS, Olympus, ArthrotekInc, Vimex SP. Z O.O, CorTek Endoscopy, GPC Medical Ltd., Cannuflow Inc., Aurora Spine.

The taxonomy of the Arthroscopy Devices and Disposables Market by its scope and segmentation is as follows:

Global Arthroscopy Devices and Disposables Market: By Product Type 

• Arthroscopes
• Fluid Management Systems
  • High-End Fluid Management Pumps
  • Mid to Low-End Fluid Management Pumps
• Radiofrequency Systems
  • RF Generators
  • Radiofrequency Probes and Wands
  • Footswitch
• Visualization Systems
• Power Shaver Systems
• others

Global Arthroscopy Devices and Disposables Market: By Application 

• Knee Arthroscopy
• Shoulder Arthroscopy
• Hip Arthroscopy
• Foot & Ankle Arthroscopy
• Elbow Arthroscopy
• Spine Arthroscopy
• Others

Global Arthroscopy Devices and Disposables Market: By End Users 

• Hospitals
• ASCs
• Others

Global Arthroscopy Devices and Disposables Market: By Region

• North America
  • The U.S.
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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