PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625396
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625396
The arthroscopy market size is expected to reach USD 9.10 billion by 2034, according to a new study by Polaris Market Research. The report "Arthroscopy Market Share, Size, Trends, Industry Analysis Report: By Product, Application (Knee, Shoulder, Foot & Ankle, Hip, Hand & Wrist, Sports Injuries, and Elbow), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The arthroscopy market is experiencing significant growth due to rising demand for minimally invasive surgical procedures, advancements in technology, and increasing incidence of joint-related injuries and disorders. Arthroscopy, a procedure allowing surgeons to examine and treat joint issues with small incisions and specialized tools, has gained traction due to its benefits such as reduced recovery times, minimal scarring, and lower infection risks. The arthroscopy market insights indicate that increasing rates of sports-related injuries and age-related degenerative conditions are key trends driving demand, especially in the knee and shoulder arthroscopy segments. Additionally, the growing prevalence of obesity, contributing to joint degeneration, further supports the market expansion.
Technological advancements, such as high-definition 4K visualization systems, 3D imaging, and AI-enhanced surgical tools, are notable drivers of the arthroscopy market development. These innovations improve procedure accuracy, reduce complications, and enhance patient outcomes, making arthroscopy a preferred option for patients. Factors such as increased awareness, an aging population, and rising healthcare investments in developing regions contribute to the positive market outlook.
Companies such as Stryker, Arthrex, and Zimmer Biomet are seizing market opportunities by investing in R&D, collaborations, and acquisitions, shaping the competitive landscape and fueling the arthroscopy market growth.
In terms of application, in 2024, the knee segment accounted for the largest share of the arthroscopy market revenue due to the high incidence of knee-related injuries and disorders.
The visualization systems segment, based on product, is expected to witness the highest CAGR during the forecast period due to increasing demand for high-definition imaging that improves surgical accuracy and outcomes.
In 2024, North America dominated the arthroscopy market share due to advanced healthcare infrastructure.
The Asia Pacific market is expected to witness significant growth during the forecast period due to the rising incidence of sports-related injuries.
A few global key market players are Conmed Corporation; Zimmer Biomet; Henke Sass Wolf GmbH; Johnson & Johnson; Karl Storz GmbH & Co. KG; Arthrex, Inc.; Richard Wolf GmbH; Smith + Nephew; Medtronic; Stryker.
Polaris Market Research has segmented the arthroscopy market report on the basis of product, application, and region:
Table 1 Global Arthroscopy Market, by Product, 2020-2034 (USD Billion)
Table 2 Global Arthroscopy Market, by Application, 2020-2034 (USD Billion)
Table 3 North America: Arthroscopy Market, by Product, 2020-2034 (USD Billion)
Table 4 North America: Arthroscopy Market, by Application, 2020-2034 (USD Billion)
Table 5 U.S.: Arthroscopy Market, by Product, 2020-2034 (USD Billion)
Table 6 U.S.: Arthroscopy Market, by Application, 2020-2034 (USD Billion)
Table 7 Canada: Arthroscopy Market, by Product, 2020-2034 (USD Billion)
Table 8 Canada: Arthroscopy Market, by Application, 2020-2034 (USD Billion)
Table 9 Europe: Arthroscopy Market, by Product, 2020-2034 (USD Billion)
Table 10 Europe: Arthroscopy Market, by Application, 2020-2034 (USD Billion)
Table 11 UK: Arthroscopy Market, by Product, 2020-2034 (USD Billion)
Table 12 UK: Arthroscopy Market, by Application, 2020-2034 (USD Billion)
Table 13 France: Arthroscopy Market, by Product, 2020-2034 (USD Billion)