Global Arthroscopy Devices And Equipment Market Report 2024, Forecast To 2033
8 Jan, 2024
The market for arthroscopy devices and equipment has seen robust growth, increasing from $5.64 billion in 2023 to $6.05 billion in 2024, reflecting a 7.1% CAGR. Factors such as orthopedic conditions, minimally invasive surgery, an aging population, and sports medicine contributed to historic period growth. Forecasts suggest continued strength, reaching $7.95 billion in 2028, with a 7.1% CAGR. Drivers include technological advancements, sports injuries, and trends like personalized medicine and ambulatory surgery centers.
Global Arthroscopy Devices And Equipment Market Key Driver
The aging population is expected to boost the arthroscopy devices and equipment market. Elderly individuals are susceptible to orthopedic conditions like arthritis. By 2030, one in six people globally will be aged 60 or older, doubling to 2.1 billion by 2050. This demographic shift increases the likelihood of osteoarthritis, necessitating arthroscopic procedures. The aging population acts as a catalyst for the arthroscopy devices and equipment market's growth.
Get A Free Sample Of The Global Arthroscopy Devices And Equipment Market ReportGlobal Arthroscopy Devices And Equipment Market Segments
The arthroscopy devices and equipment market covered in this report is segmented –
1) By Product: Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Radiofrequency System, Arthroscopy Visualization System, Arthroscopy Implants
2) By Application: Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot & Ankle Arthroscopy, Shoulder & Elbow Arthroscopy, Other Applications
3) By End User: Hospitals, Ambulatory Care, Trauma Centers
By Geography: The regions covered in the arthroscopy devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in global arthroscopy devices and equipment market in 2023. Western Europe was the second-largest region in global arthroscopy devices and equipment market. The regions covered in the arthroscopy devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Arthroscopy Devices And Equipment Industry Players
Arthrex Inc., Smith & Nephew plc, ConMed Corporation, Stryker Corporation, Medtronic plc, Karl Storz SE & CO. KG, ArthroCare, Richard Wolf GmbH, DePuy Synthes Companies, Aesculap AG & Company, CorTek Endoscopy, Aurora Spine Corporation, Agilent Technologies Inc., Vimex SP. Z O. O, Cannuflow Inc., Wright Medical Group N.V., Zimmer Biomet Holdings Inc., GPC Medical Ltd., Breg Inc., Performance Health International Limited, Bauerfeind AG, Mueller Sports Medicine, RTI Surgical Holdings, Bioventus LLC, MedicalExpo, Outcare Medical Devices Pvt. Ltd.
Get The Full Global Arthroscopy Devices And Equipment Market ReportArthroscopy Devices And Equipment Market Overview
Arthroscopy devices and equipment are used in arthroscopy procedures (a minimally invasive procedure) for the diagnosis and treatment of joint problems such as torn cartilage, ACL, and sports-related injuries of the hip, knee, shoulder, spine, ankle, wrist, and elbow.
Arthroscopy Devices And Equipment Global Market Report 2023 provides data on the global arthroscopy devices and equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The arthroscopy devices and equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.