Arthroscopy Devices Market: Size, Business Growth, Share, Demand, Trends by Top Key Players, and Outlook

 According to the latest report by IMARC Group, titled “Arthroscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global arthroscopy devices market size exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global arthroscopy devices market to grow at a CAGR of 6.8% during 2021-2026.  Arthroscopy devices are orthopedic surgery instruments that help in visualizing, examining, and executing therapeutic interventions inside the joints of the body, such as the knee, hip, spine, shoulder and elbow. They are designed for the procedural ease of cutting and trimming with ergonomic designs and balanced weights, enabling surgeons to conduct complex surgeries without opening joints. Some of these devices include biters, graspers, retrievers; chondral mallets and picks with Teflon handles; hooks and probes; meniscal elevators and retractors; and IVD rongeurs with small jaws.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Market Trends:

Over the past few years, there has been a rise in the prevalence of bone-specific conditions, like osteoarthritis, rheumatoid arthritis, tendonitis and bone tumor, especially among the geriatric population, which, in turn, has boosted the demand for arthroscopy devices. Furthermore, an increasing number of injuries leading to fractures, strains, sprains, and dislocations due to the engagement in sports activities have also helped in proliferating the market growth. Moreover, with technological advancements, manufacturers have developed arthroscopy equipment with high-definition monitors and wireless camera that can withstand steam sterilization, thereby reducing procedure and turnover time, and enhancing surgeon control. Other factors, such as constant innovations and improvements in medical devices, and growing awareness about the utilization of arthroscopic technologies, are also providing a positive impact on the industry.

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Key Market Segmentation:

Some of the Key Players in the Market include:

  •  Arthrex Inc.
  • CONMED Corporation
  • Johnson & Johnson Services Inc
  • Karl Storz SE & Co. KG
  • Medtronic Inc.
  • Richard Wolf GmbH
  • Smith & Nephew plc
  • Stryker Corporation,
  • Vimex Sp. z o.o.
  • Zimmer Biomet Holdings Inc., etc.

Breakup by Device Type:

  • Arthroscope
  • Arthroscopic Implant
  • Fluid Management System
  • Radiofrequency System
  • Visualization System
  • Others

Breakup by Arthroscopy Type:

  • Knee Arthroscopy
  • Hip Arthroscopy
  • Spine Arthroscopy
  • Shoulder and Elbow Arthroscopy
  • Foot and Ankle Arthroscopy
  • Others

Breakup by End-User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic Clinics
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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