Global Arthroscopy Devices and Disposables Market is Growing to Reach USD 4,282.6 by 2026

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 Forecasts, 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.

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Arthroscopy is a medical procedure of treating joints 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, elbows among others. The devices and disposables used in these diagnoses procedures are essential to treat bone tumor, rheumatoid arthritis, osteoarthritis, carpal tunnel syndrome, and others. Additionally,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 minimal incision.

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 other, raising the need for treating of this condition is expected to increase the arthroscopic surgeries leading to the growth of arthroscopy device and disposables market. Furthermore, the increasing need inclined towards minimal invasive procedures, supporting government initiatives towards better healthcare and medical facilities by various countries along with technological advancements are encouraging the growth of 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.

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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 a flexible, non-flexible, diagnosis based and others. Furthermore, the application segment is led by Knee arthroscopy contributing to a USD 2485 Mn in 2019.

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.

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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 Segmentation Analysis

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 Radiofrequency SystemsSegmentation Analysis

RF Generators
Radiofrequency Probes and Wands
Footswitch

Global Arthroscopy Devices and Disposables Market: By Application Segmentation Analysis

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

Global Arthroscopy Devices and Disposables Market: By End Users Segmentation Analysis

Hospitals
ASCs
Others

Global Arthroscopy Devices and Disposables Market: Regional Segment Analysis

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 Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America

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