Arthroscopy Devices Trends and Forecast
The future of the global arthroscopy devices market looks promising with opportunities in the knee arthroscopy, hip arthroscopy, spine arthroscopy, shoulder and elbow arthroscopy markets. The global arthroscopy devices market is expected to reach an estimated $9.2 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are increasing incidences of sports injuries, rising geriatric population, and technological advancements in arthroscopic implants.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Arthroscopy Devices by Segment
The study includes a forecast for the global arthroscopy devices by type, application, end use, and region.
Arthroscopy Devices Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Arthroscopes
• Arthroscopic Implants
• Fluid Management Systems
• Radiofrequency Systems
• Visualization Systems
• Powered Shavers
• Others
Arthroscopy Devices Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Knee Arthroscopy
• Hip Arthroscopy
• Spine Arthroscopy
• Shoulder and Elbow Arthroscopy
• Others
Arthroscopy Devices Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Ambulatory Surgical Centers
• Orthopedic Clinics
• Others
Arthroscopy Devices Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Arthroscopy Devices Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies arthroscopy devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the arthroscopy devices companies profiled in this report include-
• Arthrex
• Conmed Corporation
• Johnson & Johnson
• Karl Storz
• Medtronic
• Richard Wolf
• Smith & Nephew
• Stryker Corporation
Arthroscopy Devices Market Insights
Lucintel forecasts that arthroscopic implants will remain the largest segment over the forecast period due to the introduction of biodegradable implants and growing adoption of arthroscopic implants for internal tissue repair, bone grafting, joint fixation, and glenoid reconstruction.
Within this market, knee arthroscopy will remain the largest segment due to growing number of people suffering from bone diseases like arthritis and rising senior population.
North America will remain the largest region over the forecast period due to the rising cases of bone-related disorders and presence of well-established healthcare infrastructure in the region.
Features of the Global Arthroscopy Devices Market
Market Size Estimates: Arthroscopy devices market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Arthroscopy devices market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Arthroscopy devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the arthroscopy devices market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the arthroscopy devices market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the arthroscopy devices market size?
Answer: The global arthroscopy devices market is expected to reach an estimated $9.2 billion by 2030.
Q.2 What is the growth forecast for arthroscopy devices market?
Answer: The global arthroscopy devices market is expected to grow with a CAGR of 7.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the arthroscopy devices market?
Answer: The major drivers for this market are increasing incidences of sports injuries, rising geriatric population, and technological advancements in arthroscopic implants.
Q4. What are the major segments for arthroscopy devices market?
Answer: The future of the arthroscopy devices market looks promising with opportunities in the knee arthroscopy, hip arthroscopy, spine arthroscopy, shoulder and elbow arthroscopy markets.
Q5. Who are the key arthroscopy devices market companies?
Answer: Some of the key arthroscopy devices companies are as follows:
• Arthrex
• Conmed Corporation
• Johnson & Johnson
• Karl Storz
• Medtronic
• Richard Wolf
• Smith & Nephew
• Stryker Corporation
Q6. Which arthroscopy devices market segment will be the largest in future?
Answer: Lucintel forecasts that arthroscopic implants will remain the largest segment over the forecast period due to the introduction of biodegradable implants and growing adoption of arthroscopic implants for internal tissue repair, bone grafting, joint fixation, and glenoid reconstruction.
Q7. In arthroscopy devices market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the rising cases of bone-related disorders and presence of well-established healthcare infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the arthroscopy devices market by type (arthroscopes, arthroscopic implants, fluid management systems, radiofrequency systems, visualization systems, powered shavers, and others), application (knee arthroscopy, hip arthroscopy, spine arthroscopy, shoulder and elbow arthroscopy, and others), end use (ambulatory surgical centers, orthopedic clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Arthroscopy Devices Market, Arthroscopy Devices Market Size, Arthroscopy Devices Market Growth, Arthroscopy Devices Market Analysis, Arthroscopy Devices Market Report, Arthroscopy Devices Market Share, Arthroscopy Devices Market Trends, Arthroscopy Devices Market Forecast, Arthroscopy Devices Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.