PUBLISHER: SkyQuest | PRODUCT CODE: 1623979
PUBLISHER: SkyQuest | PRODUCT CODE: 1623979
Global Arthroscopy Fluid Management Disposables Market size was valued at USD 22.6 billion in 2023 and is poised to grow from USD 24.52 billion in 2024 to USD 47.1 billion by 2032, growing at a CAGR of 8.5% during the forecast period (2025-2032).
In the past decade, orthopedic doctors have increasingly embraced arthroscopy techniques, with the U.S. conducting approximately 1.8 to 2 million arthroscopic surgeries annually, as per a recent survey by the Arthroscopy Association of North America. This surge in the market can be attributed to significant advancements in arthroscopic tools and instruments, particularly in visualization, imaging, and fluid management. Additionally, favorable regulatory approvals alongside enhanced reimbursement options for a broader range of indications and procedures have further fueled market growth. As a result, the arthroscopy landscape is evolving rapidly, presenting new opportunities for healthcare providers and patients alike, while underscoring the importance of staying updated on the latest technological and procedural developments.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Arthroscopy Fluid Management Disposables market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Arthroscopy Fluid Management Disposables Market Segmental Analysis
Global Arthroscopy Fluid Management Disposables Market is segmented by Product Type, Application, End-User and region. Based on Product Type, the market is segmented into Knee Arthroscopy, Shoulder Arthroscopy, Hip Arthroscopy and Elbow Arthroscopy. Based on Application, the market is segmented into AC & Refrigeration, Foam Blowing Agents, Aerosol Propellants and Precision Solvent Cleaners. Based on End-User, the market is segmented into Hospitals, Ambulatory Surgical Centers and Orthopedic Clinics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Arthroscopy Fluid Management Disposables Market
The Global Arthroscopy Fluid Management Disposables market is being propelled by enhanced treatment capabilities and the adoption of innovative technologies. Advances in technical developments focused on improving the outcomes of arthroscopic surgeries are expected to drive market growth in the coming years. The ability of fluid management systems to enhance visualization during procedures is likely to further boost demand. A notable advancement was revealed in July 2019 when Smith & Nephew published the first prospective clinical study assessing the effectiveness of the NOVOSTITCH Meniscal Repair System for repairing Horizontal Cleavage Tears (HCTs). Additionally, the rising popularity of the all-arthroscopic Latarjet (aL) technique for addressing recurrent shoulder instability presents valuable growth opportunities for market players.
Restraints in the Global Arthroscopy Fluid Management Disposables Market
The Global Arthroscopy Fluid Management Disposables market is currently facing a significant restraint due to the decreasing frequency of arthroscopic knee surgeries. Research has indicated that patients suffering from degenerative knee conditions, such as osteoarthritis, often do not experience substantial improvements from arthroscopic knee procedures. This assertion is echoed by esteemed organizations like the British Orthopaedic Association and the National Institute for Health and Care Excellence (NICE), which have influenced clinical practice. Consequently, there has been a notable drop in knee arthroscopies over the past decade, evidenced by the decline from 242 procedures per 100,000 people in 2010 to just 178 in 2016 in England alone.
Market Trends of the Global Arthroscopy Fluid Management Disposables Market
The Global Arthroscopy Fluid Management Disposables market is witnessing significant growth, driven by increasing patient engagement with digital health resources and a rising senior population necessitating more orthopedic procedures. Government initiatives aimed at controlling surgery costs further bolster demand for these disposables. Additionally, a notable shift towards minimally invasive surgical techniques is becoming prevalent in Europe, particularly in countries like Scotland, Germany, and the United Kingdom. This trend showcases a growing preference for efficient, patient-centered care, which is expected to propel innovation and investment within the arthroscopy fluid management sector, enhancing market expansion and competitiveness.