Arthroscopy is performed for tendon and ligament reconstruction, removing worn cartilages, and cruciate and meniscus tear in the joints. It is gaining tremendous importance as a minimally invasive surgical procedure because there is no risk of infection which usually is susceptible in open surgeries. For knee arthroscopy involving the trimming of loose cartilages no splints and crutches are required but for complicated surgeries such as reconstruction of the anterior cruciate ligament crutches are required.

The product segment covered for the scope of the report comprises of arthroscopes, cannulae, arthroscopy radio frequency system, arthroscopy fluid management system, arthroscopy shavers, arthroscopy visualization system, arthroscopic implants and fixation devices. Market sizing and data forecast for 2021-2029 is given in the scope of the report.

In the geography segment the data forecast and market estimation of the arthroscopic devices for the respective countries are covered.

Porter’s five forces analysis is helpful in understanding the business acumen of the arthroscopy devices market. Competitive analysis furnishes with important insights such as current trends, strategic partnership and technological advancement currently taking place in the arthroscopy visualization system. Product portfolio mentions the various cannulae, arthroscopic implants among others being sold by the manufactures are covered in the company profiles section. The principal players in the arthroscopy devices market are Arthrex, Inc., Stryker Corporation, Arthrocare Corp., Depuy Synthes, BIOTEK, Covidien Plc, ConMed Corporation, Cannuflow, CorTek Endoscopy Inc., Olympus Corp., and Smith and Nephew Plc.

Arthroscopy devices are utilized for examining the joints for any reported damages due to injury and also the surgeons can perform a minimal invasive surgical procedure on the joints. Arthroscopes and arthroscopy visualization systems are the most widely used devices by the orthopedic surgeons for conducting visual inspection of the joints in patients suffering with Kellgren Lawrence osteoarthritis. Recent value addition has been done to the arthroscopy visualization system e.g. (PUREVUE™) with excellent camera control system, high grade surgical displays, and wireless imaging. Arthroscopic implants are used for performing surgeries of the knee joints, elbow, and shoulder among others. Research and development activities are being conducted on the arthroscopic implants to give better results for meniscal and cruciate reconstruction, tunnel preparation, and graft harvesting. Leading players in arthroscopy devices market are Arthrex, Inc., Arthrocare Corp., BIOTEK, Covidien Plc, ConMed Corporation, Cannuflow, CorTek Endoscopy Inc., Depuy Synthes, Olympus Corp., Stryker Corporation and Smith and Nephew Plc.

National Institute of Arthritis and Musculoskeletal and Skin Diseases conducted countrywide survey and has determined the prevalence rate of total knee and hip replacement as 1.52 % and 0.83 % of the total U.S. population respectively. North America is identified as an enormous market in arthroscopy devices owing to the increasing number of elder population suffering with Kellgren Lawrence osteoarthritis and presence of cardinal players of arthroscopy devices market. In Europe there is rising prevalence of bone disorders such as rickets, osteomyelitis and hip dysplasia aiding demand for minimally invasive arthroscopy surgery. Asia Pacific is set to capture the arthroscopy devices market on account of rising osteoporosis in geriatric population and competitive milieu created by the domestic players manufacturing arthroscopy devices. Increasing government spending in creating orthopedic clinics and establishment of subsidiaries by premier players will result in affirmative market growth for the Middle East and Africa and Latin American region.  

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Arthroscopy Devices market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Arthroscopy Devices market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Arthroscopy Devices market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Arthroscopy Devices market?
• Which is the largest regional market for Arthroscopy Devices market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Arthroscopy Devices market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Arthroscopy Devices market worldwide?