PUBLISHER: iData Research Inc. | PRODUCT CODE: 1458174
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1458174
The global arthroscopic device market was valued at approximately $2.3 billion in 2023 and is projected to grow to over $2.9 billion by the end of the forecast period.
In conducting our medical market research, we analyzed more than 20 arthroscopic device companies worldwide using our comprehensive methodology. This enabled us to assess market sizes, unit sales, company market shares accurately, and formulate precise forecasts.
While our MedSuite report encompasses all the data and analysis for the global laparoscopic device market, we also offer individual MedCore reports for each market segment. This flexibility allows you to access the specific market research you require.
Data Types Included
Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2030, and Historical Data to 2020
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
COVID19 Impact
Disease Overviews and Demographic Information
Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Arthroscopic Device Market Insights
The increasing population of older adults is often associated with a higher occurrence of musculoskeletal disorders and joint-related problems. This demographic shift significantly contributes to the increased need for arthroscopic procedures, vital for both diagnosing and treating these conditions effectively. With the aging population, there's a growing urgency for efficient diagnostic and treatment methods, highlighting the importance of arthroscopy in enhancing the musculoskeletal health outcomes for older individuals.
Global Arthroscopic Device Market Share Insights
In 2023, Smith & Nephew emerged as the primary contender in the overall arthroscopic device market, boasting a comprehensive presence across all segments. The company held a commanding share in key areas such as the high-value RF probe, disposable cannula, arthroscopic hand instrument, fluid management, and shaver blade markets.
Following closely behind, Arthrex secured the second position in the total arthroscopic device market. A significant portion of Arthrex's revenue in this domain stemmed from fluid management, arthroscopes, disposable shaver blades, RF probes, drill guide systems, and disposables, along with suture passers.
Meanwhile, Stryker occupied the third spot in the global arthroscopic devices market in 2023. The bulk of Stryker's arthroscopic device revenue was generated from the shaver blade market, supplemented by substantial earnings from fluid management, RF probes, and arthroscopes segments.
Market Segmentation Summary
While this global report suite contains all global ophthalmic device market data, each of the market segments is also available as a stand-alone report, MedCore.
Arthroscope Market | Global | 2024-2030 - Includes:
Large joint arthroscopes, small joint arthroscopes, and hip joint arthroscopes.
Disposable Cannula Market | Global | 2024-2030 - Includes:
A complete analysis encompassing disposable cannulas.
Arthroscopic Hand Instrument Market | Global | 2024-2030 - Includes:
A complete analysis encompassing arthroscopic hand instruments.
Fluid Management Market | Global | 2024-2030 - Includes:
Pump management devices categorized into outflow and inflow tubing, gravity management disposables, inflow arthroscopic pumps and inflow/outflow arthroscopic pumps.
Shaver Blade Market | Global | 2024-2030 - Includes:
Disposable and reprocessed shaver blades.
Radiofrequency Probe Market | Global | 2024-2030 - Includes:
RF probes categorized by type, which includes bipolar RF probes and monopolar RF probes. Additionally, the analysis extends to functions, covering aspects such as ablation and shrinkage.
Drill Guide System and Disposables Market | Global | 2024-2030 - Includes:
Drill guide systems and drill guide disposables.
Suture Passer Market | Global | 2024-2030 - Includes:
Reusable-disposable needle-based suture passers, reusable-penetrating suture passers and disposable-retrieving suture passers.
Global Research Scope Summary
Regions: North America(Canada, United States), Latin America(Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe(Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe(Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East(Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific(Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa(Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year: 2023
Forecast: 2024-2030
Historical Data: 2020-2023
Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage: COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.