Arthroscopy Devices Market Report by Device Type (Arthroscope, Arthroscopic Implant, Fluid Management System, Radiofrequency System, Visualization System, and Others), Arthroscopy Type (Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Shoulder and Elbow Arthroscopy, Foot and Ankle Arthroscopy, and Others), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, and Others), and Region 2024-2032
The global arthroscopy devices market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.8% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 4.9 Billion
Market Forecast in 2032
US$ 9.0 Billion
Market Growth Rate 2024-2032
6.8%
Arthroscopy devices refer to various medical equipment and tools that are used to visualize, examine and conduct therapeutic interventions inside various joints of the body. They are primarily used for the treatment of medical conditions, such as osteoarthritis, rheumatoid arthritis, tendonitis and bone tumor. Some of the commonly used devices during arthroscopy include arthroscope, implants, fluid management systems, radiofrequency systems, visualization systems, etc. These devices are usually attached with a small lens and are inserted into the patient’s body to examine the structures and abnormalities inside the joints. These devices find extensive application in the arthroscopy of the knee, hip, spine, ankle, shoulder, elbow, wrist and jaw.
The increasing prevalence of bone-related and musculoskeletal disorders is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population across the globe that is more susceptible to such ailments is also providing a boost to the market growth. There is an increasing preference for minimally invasive (MI) treatment procedures among the masses, which has led to the rising adoption of arthroscopy devices. Additionally, various innovations in the field of sports medicine and the development of technologically advanced product variants are also creating a positive outlook for the market. Product manufacturers are developing advanced arthroscopic devices to improve visualization with high-definition (HD) cameras, superior suturing techniques and customized suturing materials. Other factors, including rising health consciousness and awareness regarding the available treatment alternatives, along with the improving healthcare infrastructure, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global arthroscopy devices market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on device type, arthroscopy type and end-user.
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
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Device Type, Arthroscopy Type, End-User, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
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. and Zimmer Biomet Holdings Inc.
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global arthroscopy devices market was valued at US$ 4.9 Billion in 2023.
We expect the global arthroscopy devices market to exhibit a CAGR of 6.8% during 2024-2032.
The sudden outbreak of the COVID-19 pandemic had led to the postponement of numerous elective bone-related and musculoskeletal treatments for reducing the risk of the coronavirus infection upon hospital visits and interaction with medical devices, thereby negatively impacting the global market for arthroscopy devices.
The increasing prevalence of bone-related and musculoskeletal disorders, along with the rising demand for arthroscopy devices to visualize, examine, and execute therapeutic interventions inside the joints of the body, is primarily driving the global arthroscopy devices market.
Based on the device type, the global arthroscopy devices market can be categorized into arthroscope, arthroscopic implant, fluid management system, radiofrequency system, visualization system, and others. Currently, arthroscope accounts for the majority of the total market share.
Based on the arthroscopy type, the global arthroscopy devices market has been segregated into knee arthroscopy, hip arthroscopy, spine arthroscopy, shoulder and elbow arthroscopy, foot and ankle arthroscopy, and others. Among these, hip arthroscopy currently holds the largest market share.
Based on the end-user, the global arthroscopy devices market can be bifurcated into hospitals, ambulatory surgical centers, orthopedic clinics, and others. Currently, hospitals exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global arthroscopy devices 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.
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