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Impact Of Rising Sports-Related Injuries On The Arthroscopic Shaver Market: Pivotal Factor Influencing Arthroscopic Shavers Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Arthroscopic Shavers Market Size Growth Forecast: What to Expect by 2025?
The market size of arthroscopic shavers has been on a robust growth trajectory in recent years. The market value is projected to surge from $1.96 billion in 2024 to approximately $2.07 billion in 2025, at a compound annual growth rate (CAGR) of 5.9%. Factors contributing to its growth during the historic period include an increase in sports related injuries, an expanding elderly population, advances in healthcare infrastructures, a growing preference amongst patients for less invasive surgical procedures, coupled with an increasing trend towards outpatient and ambulatory surgical centers.
How Will the Arthroscopic Shavers Market Size Evolve and Grow by 2029?
In the forthcoming years, the arthroscopic shavers market is projected to witness robust growth, escalating to $2.65 billion in 2029 with a compound annual growth rate (CAGR) of 6.3%. This growth over the projected period is due to factors such as a growing elderly population, expansion in healthcare facilities, increased inclination for disposable and single-use surgical tools, strategic alliances and collaborations, and surging demand for outpatient services. Key trends during this forecast period encompass the incorporation of robotics, individualized medicine, advances in minimally invasive surgery, the shift towards single-use instruments, and the advent of portable arthroscopic shavers.
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What Drivers Are Propelling the Growth of Arthroscopic Shavers Market Forward?
The increasing instances of injuries associated with sports are projected to fuel the arthroscopic shaver market's advancement. Such injuries, which frequently impact muscles, bones, and joints, are typically a result of athletic activities or workouts. The rise in these injuries could be attributed to increased participation in sports, intensified training regimens, and enhancements in sports equipment that stretch physical limitations, subsequently raising the global athlete injury rates. In response, arthroscopic shavers, which effectively remove damaged tissue and repair joint structures via minimally invasive operations, are becoming invaluable for providing athletes with quicker healing and minimized downtime. For example, it was reported by the National Safety Council in 2022 that injuries relating to sports and recreation rose by 20% in 2021 from 2020, with a further 12% increase reported in 2022. Consequently, the escalating incidence of sports-associated injuries will continue to spur the growth of the arthroscopic shaver market.
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What Are the Key Trends Driving Arthroscopic Shavers Market Growth?
Leading firms in the arthroscopic shaver market are prioritizing technological enhancements such as wireless, single-use shaver systems to boost surgical effectiveness and enhance patient results. The wireless single-use arthroscopic shaver system, a disposable surgical tool powered by a battery designed for low-invasive joint surgeries, offers wireless operation for greater surgical effectiveness and lesser risk of infections. For example, in January 2024, Integrated Endoscopy, an American company specializing in the creation of sophisticated, integrated, and ergonomic systems for endoscopic imaging for medical procedures, teamed up with Frii Medical, a British company creating innovative medical devices, to globally introduce a unique single-use shaver system. This new wireless shaver enables surgeons to perform procedures without power cords, it includes a reusable motor/battery unit and a recharging station. The system developed by Frii relegates sterilization costs and promises consistent quality while significantly reducing the costs associated with traditional shaver systems.
What Are the Key Segments in the Arthroscopic Shavers Market?
The arthroscopic shavers market covered in this report is segmented -
1) By Product Type: Arthroscopic Shaver Systems, Arthroscopic Shaver Accessories
2) By Application: Knee Arthroscopy, Hip Arthroscopy, Shoulder And Elbow Arthroscopy, Spine Arthroscopy, Foot And Ankle Arthroscopy, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics
Subsegments:
1) By Arthroscopic Shaver Systems: Handheld Arthroscopic Shaver Systems, Powered Arthroscopic Shaver Systems, Electric Arthroscopic Shaver Systems
2) By Arthroscopic Shaver Accessories: Shaver Blades, Shaver Burrs, Shaver Sheaths, Shaver Drills, Shaver Motors
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Who Are the Key Players Shaping the Arthroscopic Shavers Market's Competitive Landscape?
Major companies operating in the arthroscopic shavers market are Johnson & Johnson Services Inc., Medtronic plc, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Olympus Corporation, Smith & Nephew plc, Arthrex Inc., DePuy Synthes Companies, KARL STORZ SE & Co. KG, CONMED Corporation, Wright Medical Group N.V., Bioventus, Richard Wolf GmbH, Breg Inc., Portescap, De Soutter Medical Limited, Sklar Surgical Instruments, GPC Medical Ltd., Ceterix Orthopaedics Inc, Cannuflow, Novetech Surgery, GENUINE MEDICA PVT. LTD., EndoMed Systems, OrthoSpace Ltd
What Geographic Markets Are Powering Growth in the Arthroscopic Shavers Market?
North America was the largest region in the arthroscopic shavers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the arthroscopic shavers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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