Arthroscopy Devices Market Forecast 2028: Key Players and Emerging Trends

 

Future of Arthroscopy Devices Market: Key Dynamics, Size & Share Analysis

The Global Arthroscopy Devices Market size was valued at USD 9.8 billion in 2022 and is projected to grow at around 6.8% CAGR during the forecast period, i.e., 2023-28. The increasing prevalence of joint diseases worldwide, driven by sedentary lifestyles and a lack of physical activity, especially among the geriatric population, is driving the need for minimally invasive arthroscopy surgeries globally. Moreover, as the median age of the global population continues to rise, there is a corresponding increase in the incidence of degenerative bone disorders like arthritis and osteomyelitis among individuals.

Top Challenges Impacting the Arthroscopy Devices Market Growth

Mounting Incidence of Trauma & Sports Injuries: Sports necessitate high-intensity physical exertion at the professional level, which can often result in player injuries. These injuries range from minor to major, requiring clinicians to employ arthroscopy for diagnosis and treatment. In view of this need, several sports authorities have partnered with specialized orthopedic clinics, such as Atlantic Orthopaedic, Scripps Clinic Medical Group, etc. These clinics focus on sports injuries and offer minimally invasive arthroscopy surgeries. As a result, the growing incidence of sports injuries and the presence of improved healthcare facilities in sports institutions are positively influencing the demand for arthroscopic equipment in the market.

Understanding the Core Segments in the Arthroscopy Devices Market

Arthroscopy Devices Market Size, Share & Industry Trends Analysis- By Type (Arthroscopes, Arthroscopic Implants, Fluid Management, Radio Frequency, Powered shavers), By Application (Knee, Shoulder, Spine, Other), By End-User (Hospitals, Ambulatory Surgical Centers.

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Geographical Analysis of the Arthroscopy Devices Market

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-pacific

Of all regions globally, North America holds the largest share of the Arthroscopy Devices Market. It ascribes to the growing prevalence of arthritis, osteoporosis, etc.

Who Dominates the Arthroscopy Devices Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

  • Arthrex Inc.
  • Stryker Corporation
  • Karl Sortz
  • B Braun SE
  • Richard Wolf Gmbh
  • Conmed Corporation
  • Zimmer Bionet
  • Olympus
  • Sklar
  • Millennium Surgical
  • GPC Medical
  • Henke SaaS Wolf
  • Double Medical Technology Inc.
  • DePuy Synthes (Johnson & Johnson)
  • Smith & Nephew
  • Others.

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