Arthroscopy Devices and Disposables Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

According to the report published by Facts Factors, the global arthroscopy devices and disposables market size was worth around USD 2947 million in 2019 and is predicted to grow to around USD 4282.6 million by 2026 with a compound annual growth rate (CAGR) of roughly 5.5% between 2020 and 2026. The report analyzes the global arthroscopy devices and disposables market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the arthroscopy devices and disposables market.

This professional and specialized report study examines the technical and business perspective of the Arthroscopy Devices and Disposables industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Arthroscopy Devices and Disposables market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall Arthroscopy Devices and Disposables market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (K Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• Our primary respondents believe the market to witness steady growth of 5.5% over the forecast period on account of rising orthopedic concerns across the aging population around the globe.
• Some of the CXOs predict the Arthroscopies segment to maintain its dominance throughout 2026 due to an increase in the adoption of this procedure by several hospitals to treat joint concerns. Furthermore, the OEMs operating in this market are partnering with local and domestic players to increase their goodwill in the ever-competitive market ecosystem.
• Some of the industry experts interviewed in the Asia Pacific revealed that Knee Arthroscopy is expected to generate considerable revenues for the arthroscopy devices and disposables industry. There are various types of knee injuries treated arthroscopically to reduce joint pain such as injuries related to ligaments, cartilage, bursitis, and others. This reason is expected to boost segment growth.
• Regionally, the North American region is expected to contribute largely to the global arthroscopy devices and disposables market. Some of the interviewees said that their future plans are to focus majorly innovating in technology features of arthroscopy devices and disposables. They believe IT companies operating in countries such as the U.S. and Canada are expected to create higher adoption opportunities for the arthroscopy devices and disposables market.
• The information & technology subject matter experts suggest investing in R&D activities to come up with newer, economical, and more efficient arthroscopy devices and disposables. They believe advanced technology will witness widespread acceptance across the value chain of arthroscopy devices and the disposables market.

Key Recommendations from Analysts

• Our analysts recommend focusing on the Asia Pacific arthroscopy devices and disposables market since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to greater opportunities in emerging countries such as India, China, and others.
• The major reason behind the upsurge in growth and lucrative opportunities underlying in this region is the adoption of arthroscopy devices and disposables by large hospitals to diagnose and carry out operating procedures.
• North America, on the other hand, is expected to foresee a robust growth of around 5% per annum. This is majorly attributed to the rising medical and healthcare facilities provided by various countries in North America.
• The rising preference for minimally invasive surgeries is  growing primarily owing to their advantages over open surgeries, such as short operating duration, fewer operative complications, fewer scars, fewer tissue injuries, and minimal blood loss and trauma among others
• The executive summary of the report reads the total incremental opportunity underlying in the global arthroscopy devices and disposables market is nearly USD 2900 million between 2020 and 2026.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Arthroscopy Devices and Disposables market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Arthroscopy Devices and Disposables market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Arthroscopy Devices and Disposables market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Arthroscopy Devices and Disposables market.

Report Scope

Regional Analysis:

The research study provides a critical assessment of the Arthroscopy Devices and Disposables industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026.

The regional segmentation of the Arthroscopy Devices and Disposables industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Arthroscopy is a medical procedure for treating joint problems. 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 commonly done to diagnose and operate body parts such as the knee, shoulder, ankle, wrist, hip, and others. The devices and disposables used to carry out arthroscopy can be fiber optic cables, camera sets, sheaths with obdurate, hook probes, punches, and others.

Arthroscopy allows the operation procedure to be less complicated by minimizing the cuts for joint openings. This is expected to be one of the primary reasons for the growth of the Arthroscopy devices and disposables market globally.

The Arthroscopy Devices and Disposables market is categorized into product type, fluid management system, radiofrequency system, application, and end-users. The product type segment is divided into Arthroscopes, Fluid Management Systems, Radiofrequency Systems, Visualization Systems, Power Shaver Systems, and others.

Furthermore, the Fluid Management System is classified into High-End Fluid Management Pumps and Mid-to Low-End Fluid Management Pumps). The Radiofrequency Systems is categorized into RF Generators Radiofrequency Probes and Wands Footswitch. By Application, the market is divided into Knee Arthroscopy, Shoulder Arthroscopy, Hip Arthroscopy, Foot & Ankle Arthroscopy, Elbow Arthroscopy, Spine Arthroscopy, and Others and by end-users into hospitals, ASC, and others.

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.
• Zimmer Biome
• STERIS
• Olympus
• ArthrotekInc
• Vimex SP. Z O.O
• CorTek Endoscopy
• GPC Medical Ltd.
• Cannuflow Inc.
• Aurora Spine.
• Others.

The taxonomy of the Arthroscopy Devices and Disposables Market by its scope and segmentation is as follows:

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

By Application Segmentation Analysis

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

By End Users Segmentation Analysis

• Hospitals
• ASCs
• Others

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)